The 3 Types of Investors - Check Out Which Type You Are!
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| Types of Investors |
1. Investors who seek problems.
These are investors who look for problems. In particular, they look for problems caused by those who get into financial trouble. Investors who are good at solving problems expect to make returns of 25 percent to infinity on their money.
They are investors who typically have strong financial foundations. They possess the skills necessary to succeed as business owners and investors, and they use those skills to solve problems caused by people who lack such skills.
2. Investors who seek answers.
They are investors who typically have strong financial foundations. They possess the skills necessary to succeed as business owners and investors, and they use those skills to solve problems caused by people who lack such skills.
2. Investors who seek answers.
This type of investors seek answers. They often ask questions like: “What do you recommend I invest in?”, “Do you think I should buy real estate?”, “What stocks are good for me?”, “I talked to my broker, and he recommended I diversify.”, “My parents gave me a few shares of stock. Should I sell them?”
Investors should interview several tax advisors, attorneys, stock brokers and real estate agents, choose carefully and start implementing their advice. They should find advisors who practice what they preach and run fast from anyone who is selling investment advice and getting rich on commissions and fees alone. These investors should look for investment advisors who make money investing in the same investments they are selling.
Many high-income Employees and Self-Employed fall into this investor category because they are busy and have little time to look for investment opportunities or learn about Business ownership and Investment.
Many high-income Employees and Self-Employed fall into this investor category because they are busy and have little time to look for investment opportunities or learn about Business ownership and Investment.
Hence, they want somebody to give them the answers instead of gaining knowledge for themselves.
This group often buys what is often calls “retail investments,” which are investments that have been packaged for sale to the masses.
3. Investors who seek an “expert” to tell them what to do
These investors are financially uneducated and look for people to tell them what to invest in. People who are Employees and Self-employed have been forced into the investing game because of changes in retirement plans.
They have little interest in investing in their education so they can become better investors. They know nothing, which means they have to rely on the advice of other so-called experts.
This investors have insignificant chance of getting rich. About as much chance as winning the lottery.
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