As a starter, the word “investing” sounds easy for as long as you have the money. How to learn investing? Does it requires you to use a mathematical formula for you to solve a certain stock equation?
Generally, if you choose the path of investing, your Mathematical formula can’t solve the volatility of investment value. You can’t predict the inflation and deflation rate once it hit back the stock market. The stock, mutual fund and trading are not always stable and the only constant in investing is “change”.
That’s why as beginners, how to learn investing can really test your cool, patience and decision making process. It is hard to loss the money you’ve worked out for so long. With this, investing does not only test your financial capability but also your attitude towards your investment goals.
Therefore, if you want to make your life easier, as beginners, here are the simple how to learn investing tips to think over with:
Tip #1: How To Learn Investing from Books
Book reading is the most classic way of learning. There are plenty of investing books that you can learn from. Make sure that you are reading from the people who have been successful in investing world. Like ‘The Essays of Warren Buffett’ by Warren Buffett, ‘The Intelligent Investor’ by Benjamin Graham, ‘Common Stocks And Uncommon Profits’ by Philip Fisher and “Stocks for the Long Run” by Jeremy Siegel and many others.
Tip #2: How To Learn Investing from Professionals
Since you are just starting out, basically you don’t know what to do first, what steps to make and of course hundreds of questions in your mind that you want a direct answer. Thus, it is time for you to talk to certified financial experts. These experts know the in and out of the investing industry. Talk to them and gain insights of what is the right thing to do before you decide to invest your money into stocks, mutual funds etc.
Tip #3: How To Learn Investing from Bloggers
Don’t limit your knowledge from books and professional people. You can explore your options by checking out financial bloggers online. You can visit investment websites that can help you understand further the world of investing, trading, stock and other related field of investing.
In this way, you’ll get to learn also from bloggers’ point of views. Most of these bloggers have the same inquiries when they are starting out as well. How to learn investing with the help of online bloggers can provide additional ideas and of course gives you a positive outlook that you can be successful like them.
Tip #4: How to learn investing by Applying those Theoretical Learning
Once you know how investing works, then it is time to apply what you’ve learned. Start to make a bet for your investment. It is time for you to analyze one or two companies and decide how much you can invest in these companies. You can now apply those investing strategies that you have learned from the books, financial experts and even bloggers.
Tip #5: How To Learn Investing from Controlling your Emotions
Just like any business entities, investing also deals with your emotions too. It can give you a roller coaster thrills. It gives you an adrenaline rush whenever you hit a jackpot. On the other hand, it can also make you feel like it’s the end of the world and you have to get your investment money right away before it gets worst. This the main reason why, you have to control your emotion. Investing takes courage, decisiveness, patience and focus.
Avoid being too impulsive. Even successful investors also experience failure in investing. But they never give up. Most of them are waiting patiently even if the stock markets are getting out of nowhere.
How to Learn Investing Is a Lifelong Learning
For beginner, newbie, aspirant investor or whatever you may call yourself, how to learn investing is a never ending process of learning. Its unpredictable journey, thus, you just need to enjoy the ride. Some people take this path seriously by making it as a job. But if you are one of those people that are only looking for additional residual income, investing is a good start.
Always remember investing is not a one day, month or year millionaire job. Earning million as a return of investment usually take years; let’s say 20 or 30 years — depending on the amount of the money you invest of course. Unless you invest a big amount of money, you can get it in a short span of time.