Money doesn’t grow on trees. If you want financial freedom, you have to earn it by doing some effective strategies. Try asking rich people like Jack Ma or Robert Kiyosaki and you’ll probably receive an answer to master the art and skill of investing. But if multibillionaires of today went through fatalities to achieve their financial goals, it can be a lot easier in this generation because investment training courses are already accessible on many platforms.
The Billionaire Maker
Most of the richest individuals on earth didn’t start obtaining wealth in the stock market but it skyrocketed the moment they decided to invest in it. Below are some of the epitome of success in stock market investing for the existing and wanna-be stock investors.
- Jeff Bezos – is known for the e-commerce platform Amazon. Many people didn’t know that his investment started with the online bookstore which eventually expanded to offer various products. Flash forward, the world’s number one billionaire took Amazon to the stock market and had successful results. Essentially, the invested value of Amazon in 1997 ($400M) increased by a hundred percent ($40B) in 2007.
- Bill Gates – founded the biggest computer and software company called Microsoft Corporation. Although he wasn’t already the CEO in the year 2000, he’s still the major shareholder of the company. He held the title of the world’s richest according to Forbes magazine from 1995 -2017 (except for four of those years) until Amazon’s Jeff Bezos obtained the spot. But here’s some not-so-secret information: It’s believed that the significant growth of Bill Gates’s investment in the stock market is one of the major reasons why he stayed long as the top 1 billionaire in the Forbes list.
- Mark Zuckerberg – one of the youngest billionaires and the brain of the colossal social media platform Facebook. Starting at the $38 share price in the stock market, Facebook is now at $177 per share. That increase is actually more than four times which made significant growth in Zuckerberg’s net worth and set him on the list of the richest.
Before Investing in Stock Market
While many individuals succeeded in stock investing and trading, others failed to grasp the opportunity for financial success. Below are some of the things to consider prior to investing in the stock market:
Learn the Ways of Investing and Trading Stocks
Joining the stock market is easy but playing the game of investing and trading is quite complicated. For this reason, it’s suggested not to immediately dive into the world of the stock market before obtaining enough knowledge and skills. Enroll in investment training courses offered by well-known financial experts to obtain an edge in stock investing and trading ventures.
Know to Weigh the Risks
Rich people are risk-takers! This might even be emphasized if you gain education from stock market courses in australia or elsewhere. However, they don’t foolishly take risks but calculated risks. In the stock market, you will face different levels of risks so you’ll have to master weighing the risks beforehand.
Muster Courage and be Clever
The stock market is not for the weak-hearted. There would be times when the price of your shares significantly goes down only to know that it suddenly rises up after a few weeks. You need a brave mindset to hold on to your shares but be wise enough to know when to let go as well.
Financial expansion through stock trading and investing isn’t impossible to achieve. Find motivation from billionaires who are in the stock market and make the necessary preparations.