Investor Thinking is the most crucial part your investment strategy. Even the most profitable investments will show poor results if executed poorly.
This is why it is so important that you invest in yourself before you invest in any other assets.
One of the biggest mistakes we see from unsuccessful investors is that they try to do it all themselves.
And it rarely works.
Most “Do It Yourself” investors make costly decisions that yield nothing but bad results.
And they make the same mistakes over and over.
Why is this?
You and I are conditioned by our society to be consumers. In some cases there is nothing wrong with this. But for an investor it will simply make others wealthy at your expense.
So the first thing you will need to change if you want to make your story come true is your mindset. Also known as your thinking.
You must learn to have an investor mindset instead of a consumer mindset.
Consumer vs. Investor Mindset
A consumer looks at the cost and says “I am not willing to spend that. It’s not in my budget.”
An investor looks at the cost and says “I will make a 500% return, so it’s a no-brainer. Of course I will invest in that.”
It doesn’t matter whether the investment we are discussing is an asset, like a piece of real estate, or a tool, like a Solo 401k.
And it doesn’t matter if the investment is in training, coaching or mentoring. The investor knows that learning has the highest return of any investment.
Investor Thinking means comparing the cost and return and weighing the outcome.
If the outcome is a positive return, the Investor says yes.
Consumer thinking means looking only at the cost and not understanding the benefits.
How To Think Like An Investor
It’s understandable that most of us start out with consumer thinking. We are bombarded by the minute with consumer advertising and news, so it is no surprise that we think that way.
The results speak for themselves: Consumers make others wealthy. Investors make themselves wealthy.
It’s a simple choice.
Do you want to make yourself wealthy?
The good news is that you can change your thinking. It simply requires you to replace the old (consumer) information with new (investor) information. Not by reading a newsletter that never helps you take action, but by learning what works from others that are already successfully using Investor Thinking.
So will you get started today to write the story of your future?
If you said yes, the best way to start is to be open to learning.
Because changing your thinking will obviously take some learning…
And some unlearning.
My own investment mentor, Jeff Nabers, has posted a FREE video to help you learn how to think like an investor.
These are strange times we live in, so how you think is more important than ever.
So take a look at this free video to see how you can benefit.
Jeff is not only a successful entrepreneur, but he became a retired investor before he was 30 years old.
And he occasionally comes out of retirement to help others like you learn what he did to think like an investor.
So click the button below to watch a short video on How to Double Your Net Worth, so you can see how easy it can be to learn “investor thinking.”