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March 29, 2024

Cathedral of Praise

Maximizing Your Business Potential

6 Attributes of Stock Investors

There is no doubt that stock investment is a volatile business couple with the fact that the global economic meltdown has negatively affected stock investors universally. So, if you are part of us that suffered financial losses in time past or you are potential stock investors, there are some qualities or traits you must possessed in order to live and see better days while manoeuvring in the capital market.

1. Daring and different. As you are fully aware that life itself is a matter of running a risk. Real stock investors are brave, adventurous and courageous persons. Therefore, your ability to succeed in the market depends on your willingness to take financial risk even when the terrain looks cloudy. Be warned, you take only calculated risks.

2. Patience and quietness. You must have or cultivate the spirit of cool and calmness irrespective of the prevailing circumstances in the stock market. Furthermore, you are duty bound to talk less when you are raking big buck and say nothing when the market hits you hard.

3. Emotionally Stable. You must be able to work on yourself to control temper or put your body under subject. Otherwise, if the market hits you below the belt, you may land in hospital bed suffering from high blood pressure.

4. Research. An exaltation from a holy book says ’till l come, give attendance to reading’. Actually, a reader is a leader. Engage in methodical investigation into shares in order to discover facts, to establish or revise a theory or to develop a plan of action based on the facts discovered.

5. Sowing habits. A writer said, you sow a thought and you will reap a habit. Stock investors are financial farmers; you continue to sow in shares consistently. Do not eat your futures today, set something aside and be prepared for the rain day.

6. Discipline. Train yourself to a level of financial discipline and be able to work-out your stock investment plan. Allocating 20 – 30{b5271943e17dd97dcded82632e818dabbc62c3d3bd5fa50d83532f0f6a236ecb} of your disposable income on monthly basis is a good deal and security of your future or old age.