Barry Strudwick | How To Invest Like a Professional Investor
Barry Strudwick is prime supporter and chief of Del Pacifico at Esterillos. An alum of Emory University, Barry got his MBA from the Wharton School. With more than 25 years encounter as an expert speculator,
Investing is a scary subject for many. Barry Strudwick Most amateur investors think investing is risky and are scared of losing money. Investing is not risky if you know what you are doing. The secret to controlling risk when it comes to investing is by investing first in your financial education before investing with your money. Barry Strudwick have to invest like a professional investor.
Barry Strudwick may sound like a common sense advice, but in reality most people feel investing is rocket science or feel they do not have the time to study to become a professional investor. Consequently. most people hand over their hard earned money to strangers they hope are experts, or invest based on advise they cannot validate because of their own lack of financial education.
Barry Strudwick When it comes to driving, we attend a driving school and obtain a driver’s license before we hit the road. A doctor goes to medical school, does internship etc before he practices. In virtually field of endeavor, we prepare first before we dive in. But when it comes to investing, most people dive in first without taking time to understand what they are doing. Investing without knowing what you are doing is very risky.
Barry Strudwick |How do you invest like a professional investor?
By first of all investing in your “financial” education to enable you:
Analyze investments
Understand markets and trends
Tell between a bad advice and good advice
Tell between a good adviser and bad adviser
Tell between a good investment and bad investment
Tell if an investment fits your investment plans and financial goals
Barry Strudwick professional investor takes his own decisions and does not swallow every financial or investment advice hook, line and sinker.
A “professional investor” can tell between a sales pitch and an investment advice. Without financial education, you are at the mercy of your financial adviser. Most financial advisers are employees working for fees or commissions. To earn their fees, they have to tailor their advice towards their products to earn their commissions.
A stock broker will advise you invest in stocks and mutual funds
A banker will advise you invest in a money market instrument
An insurance broker will advise you invest in an insurance product
A commodities trader will advise you invest in commodities
A real estate broker will advise you invest in real estate
Advisers look out for themselves while dispensing financial advice, hence the advice Barry Strudwick get is based on who you talk to. Without financial education, you will not have your own answers, and will have to run with whatever limited advice you are given.
Barry Strudwick most common question on the lips of an amateur investor is what to invest in, while a professional investor does his due diligence to determine an investment that will yield his required returns. The professional investor invests for both cash flow and capital gain while the amateur pins all his hopes on capital gain which is outside his control. Hence Barry Strudwick a professional investor has control over the investment while the amateur has no control and only hopes for the market to go up. The professional wins in up and down markets while the amateur only wins in a market boom and is scared to death of a market crash.
To invest like a professional, Barry Strudwick first and most important step is to invest in your financial education and become your own expert. Rather than hand over Barry Strudwick money to strangers and hope they know what they are doing, take control of your financial future by making decisions in your best interest. Nobody cares about your money more than you do. Become an investor before you invest. Invest in becoming a professional investor.
Barry Strudwick is a writer, investor, entrepreneur and editor of http://www.delpacifico.net/barry-strudwick/, an inspirational blog on investing, financial education, discovering your passion and fulfilling your God given dreams. Subscribe to Financial Freedom Inspiration Newsletter and get inspired to start your journey to financial freedom today.
Barry Strudwick picked up a notoriety for being an incessant supporter of global productions over a 15 year time frame. He was likewise an individual from the Oxford Club Wealth Advisory Panel. For as long as 10 years he has been widely engaged with universal land improvement.
