From consumer to investor - Deepstash
From consumer to investor

From consumer to investor

A consumer spends money and follows trends while an investor puts capital to work and takes advantage of trends.

Chronic consumers often go broke, and persistent investors often get rich.

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summers_wdd

"Money does not guarantee success." ~ Jose Mourinho

The idea is part of this collection:

Learning A Foreign Language

Learn more about moneyandinvestments with this collection

How to practice effectively

The importance of consistency

How to immerse yourself in the language

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Forming the habits of an investor

Investors put their money to work. They know that the money they set aside today sets them up for financial freedom.

  • An investor puts any excess money towards investments that will earn more capital.
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How to switch from consumer to investor

Individuals who have bad habits ingrained in them will take more effort and self-discipline to make the change. Know that you are able to make a switch. It's okay to take baby steps and work your way to becoming an investor.

  • Invest in yourself.
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How does a superior investor bargain?

More often they create a list of investment candidates meeting their minimum criteria, and from those they choose the best bargains. 

an investor might start by narrowing the list of possibili￾ties to those whose riskiness falls within acceptable limits, since there can be risks with which ...

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