2 surefire steps that will transform an aspiring investor into a successful investor

2 surefire steps that will transform an aspiring investor into a successful investor

The whole investment strategy that most investors use can be summed up by the phrase, “buy low, sell high.” The phrase briefly encapsulates the method in which most people take profits from an investment endeavor.

To give an example, suppose that you buy a stock worth $1000. When the price of that stock that you purchased for $1000 increased to $1100, and you still have it in your portfolio, that $100 difference will now go to your pocket once you sell your shares.

At first glance, this strategy is simple and straightforward. You can quickly get the hang of it within minutes, right? However, the simplicity of a concept does not translate to simplicity in doing it. More often than not, the stock market will devour those people who do not have a clue on what they are doing.

When it comes to investing, playing eeny, meeny, miny, moe, rolling the dice, or tossing the coin is not a dependable method to be successful. This is to say that relying on luck alone will not make you a successful investor.

This is precisely the reason why stock investors utilized different forms of analysis to help them decide when to buy a stock, how long will they hold it, and when to sell it.

Tips on aspiring investors

Growing and building your wealth is certainly attainable when you invest through stocks. In fact, most millionaires and billionaires are investors!

To become successful in investing, the way you approach it will play a significant role. Sure, there are literally thousands of resources that are available today. You can utilize them to gain deeper investment insights.

One cannot thrive in an environment wherein you do not know the ins and outs of it.

Your first investment should always be in yourself

All the subsequent steps will inevitably fail if you did not equip yourself with the necessary tools and knowledge in the first place.

In short, before you begin investing, you should study it at the onset.


  • Read investment books and related works of literature.
  • Watch videos about investments and the stock market.
  • Join investment internet forums.
  • Immerse yourself with investment.
  • Talk with knowledgeable people in the field.
  • Learn from successful investors.


In life, you are only limited by what you know.

Further your knowledge and you will go further too. Having a strong foundational understanding and education are two of your weapons against the volatility of the stock market.

You can’t expect to win a war in the stock market without these two weapons, so wield them.

Search for profitable companies in each industry

As an aspiring investor, the last thing that you want to happen is to lose your hard-earned money. To avoid this, you must thoroughly assess a company before you invest in it. Analyze its competitive advantages against its competitors, examine its value as a company, and gauge its weaknesses.

Moreover, you could also inspect a company’s financial data. This is typically done through studying its balance sheet profit and loss account and cash flow statement.

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Michael Aniston

Michael started with a master's degree in finance before he went into technology and coding. He is now a freelance journalist and video producer living in Berlin, Germany. When he doesn't write, he will travel many countries.