5 Different Categories of Investors

 

 This post is about 5 different categories where all investors fall in. Reading this post will give you a fair idea of where you stand as an investor so you can make informed decisions to better your situation as an investor. 

Over the last decade, I have been committed to studying financially successful men and women all around the world. I have been trying to determine the common denominators that make them successful. 

One common trait I have observed in most of the financially successful people is that they invest their money before they use it.

What happens is that when these financially smart people invest their money in income generating assets, those assets in return generate more income for them. 

I have done some research for you and have come up with five different categories that I think is important for you to note.

Why is this import?

The reason is simple. You may find yourself in one of these categories. Knowing that, as I assume, will help you determine where you stand as an investor so you try to better your level by increasing your knowledge, re-conditioning your old belief systems and to be a responsible investor. 

Here I briefly discuss the different levels of investment. You can read the full article in Ian’s Freelance Site.

 

1.      Category One is the level of those who LACK FINANCIAL INTELLIGENCE. Unfortunately, majority of the population fall under this category. This lot don’t give a damn, what happens to their money. They get it-consume it- and wait for new one. Their daily live is full of financial stress. They are very ignorant to financial education. 

2.      Category Two are SAVERS. They have good amount of money in their bank accounts. They have basic financial intelligence but don’t actually know how to use their money in their bank accounts to make money more money for them. As a result they keep their money in the banks and inflation eats away buying power of their money.

3.      Category Three is the “I AM TOO BUSY” category. This lot may have fair understanding on how savings and investment works but always say they are too busy to do serious investment. Most of these people give their money to fund managers to manage for them. 

4.      Category Four is the “I AM THE PROFESSIONAL” category. This group is well versed with investment know-how and most invest for themselves. They commit time to researching assets they want to invest in. They seek advice as and when necessary and make informed decisions on their investment. They then invest their money and continue to monitor their portfolio. 

5.      Category Five is cream of the pack. THE CAPITALIST. We are talking about people like Warren Buffet, George Soros, Donald Trump, Bill Gates and the list goes on. This group consists of big time players in the investment world. 

Conclusion 

This is a very brief summary of the full article that is available for FREE at Ian’s Freelance Site. Serious reader is asked to read the full article on Ian’s site.