A life where we get to choose how we spend our time is a life most of us dream of. Well, unfortunately, we find ourselves in a world that requires money to make those dreams a reality. But don’t fret, intrepid investor!
With a little bit of know-how and some elbow grease, you can turn securities investing into a part of your lifestyle. And, hey, you just might have some fun along the way.
Sure, to the uninitiated, securities investing may seem like a dry and dusty world full of suits crunching numbers all day. But that’s only half the story. The other half is about using your wit and gains to outsmart the markets and bring in some extra cash.
As you will soon find (or maybe you’ve already experienced this knowledge) we live on a rock spinning in space and hurtling through an infinite universe. There is literally no telling what will happen next.
So, why not play the game to the best of your ability. Give yourself more of a fighting chance than just buying a lottery ticket or two. And, who knows, with a little bit of luck and some good old-fashioned hard work, you may find yourself in the enviable position of living the life you’ve always dreamed of.
What does a life of investment mean?
When most people think of investing, they think of 401k plans, mutual funds, and index funds. But investment can be so much more than that! The basis of any true and honest investment should be done for two main purposes:
One, to back a company or entrepreneur you believe in and want to see succeed, and two, to make a return on your investment.
Of course many experts can over complicate this concept, but at its core, that’s all there is to it. So, instead of taking a “this will make you lots of money and be stable” approach to investing, let’s take a look at how you can make securities investing part of your lifestyle.
Start by asking yourself the question: what do I love and believe in? For example, do you love fashion? Start by looking into companies that are changing the game and making a real difference.
Do you believe in the power of technology? Start by investing in companies that are developing groundbreaking new products and services. The list goes on and on, but you get the idea.
The key is to find companies that you believe in and that are doing interesting things. Not only will this make the investment process more enjoyable, but you’ll be practicing a form of investing called fundamental analysis. (Now that’s one fancy term of art.)
Take the Bull by the Horns…Literally
Now, maybe you are one of those crazy few that not only wants to make great money on your investments but also have a good time doing it. Well, you’re in luck! You can easily turn securities investing into a fun and exciting game by taking a more active approach.
This means buying and selling stocks yourself instead of leaving it to some faceless fund manager or a broker that you don’t know. It’s called day trading, and it can be a lot of fun…if you know what you’re doing. Of course, there is a bit of a learning curve involved, but that’s half the fun, right? If you want to know about a suitable investment, check out Motley Fool Vs Seeking Alpha. These investment platforms offer stock picks and analysis.
You don’t have to go in blind either, there are many different resources available to help you get started. As a matter of fact, you can follow this article: “Day Trading Guide for Getting Started” by Warrior Trading to learn more.
Of course, day trading isn’t for everyone. It can be risky, and you can lose money if you don’t know what you’re doing. But if you’re up for a little bit of excitement and are willing to put in the work, it can be a great way to make some extra cash and have a lot of fun.
Related Read: Rich People Secrets About Money [Exclusive Tips]
Forget about the Broker for a Second
The traditional way of securities investing is to go through a broker. Yes, there is a time to hire a broker and have someone else with more expertise manage your money. But, as a good rule of thumb, the more educated you are on a subject the less likely you will fall prey to someone else’s bad decisions (or even fraud.)
The sad truth is that investment and securities fraud can and does happen. And, when investors find themselves out of their hard earned money that they’ve invested years into saving, it can be a real blow.
In these positions the only options are to take the financial hit or to hire a securities attorney. We aren’t saying to never work with a broker, but be smart about it. If you’re going to invest your money, make sure you understand what you’re investing in and why. You can protect your future from harm by learning about this industry and how to be a smart investor by yourself first.
Don’t Forget that Money is Mostly a Made up Concept
In the end, it’s important to remember that money is mostly a made up concept. Of course, it’s important to have enough money to live comfortably and provide for your family, but beyond that, money is just a tool. It’s something we use to exchange goods and services and nothing more.
So, if you find yourself stressed out about money or your investments, just relax for a moment and remember what you are grateful for in your life. Take a deep breath and remember that, in the grand scheme of things, money really doesn’t matter all that much. What matters is how you live your life and what you do with the time you have been given. So go out there and invest in something you believe in, have fun, and most importantly, live your life to the fullest!
