investment should be added in the curriculum of middle schools & up, so that it will be taught as a financial literacy course.
Our generation today take investment for granted, our youths are only concerned about their immediate gains and what they can get now, that is why we fall for scams and Con too easily.
We must all come to realize that a proper investment is one of the easiest path to financial freedom. When I say investment not the one you think would make you a millionaire within months, you must develop the patience it takes to wait for your investment to mature in order to live the life you want.
Most of the richest people you find in the world today are those who invested and had the patience to wait till their investment grew to make them wealthy. Let me share a story of how one of the richest man in the world became rich through his investment.
Warren Buffet investment with Apple $AAPL.
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Warren Buffet, who is one of the richest man on Earth was said to have discovered Apple $AAPL as a good investment in 2016. Seeing the potential Apple has in the future, Warren Buffet bought his fist shares of Apple $AAPL stock in the first quarter Q1 of 2016.
His first purchase of $AAPL was 39.2 million shares at a price specified to be an average price of $24.85. Currently he is said to own a total of 915 million shares of Apple $AAPL , the stock is now trading at the price of $175.46.
Warren Buffet now owns 5.8% of the entire company of Apple and $AAPL is making up to 47% of his total portfolio. Warren Buffet had always revealed that Apple has been a better business than any that he own so far.
What You Should Learn From Warren Buffet's story
1.Potential
One of the things you must consider before making an investment is potential. You must be able do see potential of what you are willing to invest in.
With a proper research and financial knowledge you are should be able to see the potential of the business, stock or product you want to invest in and whether it would increase value in the future.
2.Decision
Making an investment is a decision and choice. Seeing only the potential of a business is not enough you must be able to clearly make up your mind to choose a particular investment you want to venture in.
3.Action
One of the problem we have in the world today is people overthinking without taking action, that is why you find many people regretting today especially in crypto today why they didn't invest when their mind told them to after seeing the potential and making their choice.
You must realize life is a risk, whether you choose to do something or not you are acting taking a risk. Staying in your comfort zone is a risk, moving out of your comfort zone sounds like a bigger risk, but which of them is profitable in the long run? that is Ieft for you to answer.
To succeed in your investment you must be willing to do all the time, because something is sure it is either you fail or succeed nothing more than that. You must take that action not minding the risk that is involved, after all you have already done your research and have seen the potential tell me what are you then afraid of?
4.Patience
This is the most important and also the hardest part of an investment. We all know the famous quote made by Warren Buffet that You can not have a baby by impregnating 9 women in one day. You must understand that good things take time, investment needs time to grow and give you enough profit, develop the patience for this to happen.
Buffet had to wait for years for his investment with apple to grow before he could achieve what he had today, and you want yours to happen within months, you are one of the luckiest if that happens. Patience is the key to a fruitful investment.
Nugget: You are not too late to make an investment that will change your life. Back then in 2016 Apple was just a normal household name but that didn't stop Warren Buffet from investing because he already saw the potential, now look at were Apple is today.