Beginner
Anyone can become a successful investor.
As a new investor, it is crucial to make the right decisions early on in order to be successful.
Unlike gambling, investing is not about blindly betting on stocks or cryptocurrencies. True investing requires patience, resilience, and the ability to adapt to new situations without panicking. Emotional investing can be detrimental to your success. A truly successful investor is someone who remains calm and unaffected by the ups and downs of their investments. Ultimately, achieving success in investing requires discipline and consistency.
As you embark on your investment journey, it is essential to identify two things:
Your financial situation and relationship with money, discussed in Getting Started.
Your Risk Profile, which is standardized using a number ranging from 1 to 5.
Once you've determined these aspects about yourself, you can then move forward with learning about The Investing Process, which will teach you the basic mechanics for finding consistency and long-term success while investing.
Articles (Beginner)
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