How to differentiate investor, trader, or an ordinary people?
How can someone become millionaire, billionaire or trillionaire?
There are something happen in the behind of the scene, if ordinary people can achieve not ordinary result ?
There is always is reason behind it.
In this world, there are no overnight success. Success is accumulated from where you begin. I belief that everyone had gone through difficult period in our life.
Story cut short.
First, you need to invest in yourself with knowledge like attending preview, seminar, conferences & etc to avoid some mistakes before you get start for any investment. You may also buy some investment book to analysis what is the best investment should start with like newbie.
Second, you need to set your mindset before you start any investment. Majority of investor may done this mistakes before, they invest with their emotion or psychology.
Warren Buffett had said:
1) Rule 1: Don't lose any money when you start invest.
2) Rule 2: Follow rule 1.
How investment can be start?
How you divide you monthly salary?
Spend first , then save or Save first then spend?
The correct answer is Save first only spent.
Many of people do not have right money mindset because in school teachers never teach about how to manage money.
You can learn the money mindset from the Book called Rich Dad and Poor Dad by Robert Kyosaki.
