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Let’s talk about Requesting a course and Joining our VIP membership

Hello Everyone

We are aware some of our courses got removed due to copyright complaint, and we can’t share them publicly to avoid ban from search engine.

As you know we believe free Education and Free Knowledge for Everybody. That’s our motto. We constantly upload paid courses and books, almost on a daily basis. We believe that education and knowledge should always be available for everybody. That’s why we offer all the resources on our website for free. If you feel, as we do, that this is a fair and reasonable proposition, then we only requesting you to donate just $15 to support our project, and we’ll send you a new working link of any course of your choice, Or donate just 99$ and become a VIP member, you’ll get access to all our courses which are mentioned in the doc file and new too for lifetime!.

What are we trying to say?

You need a particular course the link is down or not even uploaded to our website, all you have to do is donate $15 and we will send you a link to access and download the course. No matter the worth of that course. Please Note that the $15 only applies to courses in our google doc collections list

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Lance Breitstein – 8 figures Professional Trader Course

Lance Breitstein – 8 figures Professional Trader Course Download

Lance Breitstein – 8 figures Professional Trader Course Lifetime Access to the course With All Updates
Original Price: 1597$
You Just Pay: $99 (One Time 94% OFF)
Sale Page: https://theonelanceb.com/
Product Delivery: You will receive download link in mail or in telegram
Contact me for the proof and payment detail: email: aidthestudent@gmail.com Or Telegram ID: @Marttheww

PROOF COURSE:

Lance Breitstein 8 figures Professional Trader Course download

Magnum Opus: 8-Figure year Lance B. Trader Course

Lance Breitstein is a highly respected intraday trader with over a decade of experience on Wall Street. Having been one of the best traders at Trillium, where he managed the Chicago office and trained dozens of traders, Lance achieved back-to-back 8-figure PNL years in 2020 and 2021.

He is also a Trading Advisor to SMB Capital and runs the Impact Competition, a non-profit dedicated to helping new traders succeed.

About Magnum Opus: The Ultimate Trading Course

Lance’s Magnum Opus is the culmination of over 10 years of trading experience, designed to be the most comprehensive and dynamic trading course ever created. This course features over 150 videos covering:

🔹 Lance’s personal playbooks
🔹 Case studies and real-world applications
🔹 Exclusive never-before-seen trading concepts

This living project will continuously evolve with new content, AMAs, and other updates, ensuring that traders have access to the most up-to-date strategies and insights.


Why Magnum Opus?

🔹 Comprehensive Content: Over 150 videos covering everything Lance has learned during his time at Trillium and SMB Capital.
🔹 Real Case Studies: Learn from Lance’s actual trades and experiences.
🔹 Free Access: The majority of the course will be 100% FREE!

NOTE: The course is not yet available, and $1,000 is not the final price. Lance has set up a growth-based waiting list to allow early subscribers to take advantage of special launch offers once the course becomes available for purchase.

Stay tuned for the official launch and get ready to learn from one of the best in the industry.

The Course Has Been Fully Updated

Payment Options:

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You can also join our VIP membership group and get this course FOR FREE as a WELCOME BONUS for joining. CLICK HERE TO READ MORE

PLEASE NOTE: You are only qualified for this if you have participate in a single buy above this course price before.

You can also get this course from our store. CLICK HERE

TTT Mentorship Program – ELITE

TTT Mentorship Program – ELITE Download

TTT Mentorship Program – ELITE Lifetime Access to the course With All Updates
Original Price: 3999$
You Just Pay: $99 (One Time 98% OFF)
Sale Page: https://www.worldclassedge.com/ttt-mentorship-program
Product Delivery: You will receive download link in mail or in telegram
Contact me for the proof and payment detail: email: aidthestudent@gmail.com Or Telegram ID: @Marttheww

PROOF COURSE:

TTT Mentorship Program – ELITE
TTT Mentorship Program – ELITE
TTT Mentorship Program – ELITE
TTT Mentorship Program – ELITE

Please Note: You get access to all the future updates, so please use your real email while buying and get our telegram channel to get notified when new updates are release

TTT Mentorship Program – ELITE PACKAGE

Your Final Stop in Trading Education is Finally Here
Master the “TTT Method” that Made Me a World Trading Champion in 1 Year

And take your trading skills to the next level

1. Introduction

Introduction to the Program.

2. The Beginner Series 100

Understanding The Tools

Basics of Financial Markets

Introduction to Technical analysis & Fundamentals

How To develop your Trading Journey

3. The Beginner Series 200

Understanding Market Mechanics

Understanding Candles and Volume

Basics of Price Action Analysis

4. The Beginner Series 300

Basics of Fundamental and Macro Analysis

Economic Cycles

Reading Economic Data

5. Volume Profile Mastery

Elements of Volume Profiling

Intraday Scenarios

Swing scenarios and Composite profile

Technical Derivation and Proprietary Patterns

6. Market Profile Mastery

Elements and Use of Market Profile

Session Direction Identification

7. Risk Management

Basics Of Risk management

Tools for Risk Management

8. Footprint Dynamic Setups

Footprint Elements

Uses for entry timing

1. Introduction

2. The Beginner Series 100

3. The Beginner Series 200

4. The Beginner Series 300

5. Volume Profile Mastery

6. Market Profile Mastery

7. Risk Management

8. Footprint Dynamic Setups

9. Mindset Mastery (Live Delivery)

Identifying your Psychological Patterns

Reaching Inner Neutrality

10. World Championship Trades Breakdown (Live Delivery)

Live explanation of trades taken in the World Cup by Patrick Nill

11. 2 Months of Live Sessions (Live Delivery)

1/week Live Market Setups Analysis

1/week Live Mentoring, Backtesting and Q&A

The Course Has Been Fully Updated

Payment Options:

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Contact: aidthestudent@gmail.com or click on this telegram link to direct message Click Here

You can also join our VIP membership group and get this course FOR FREE as a WELCOME BONUS for joining. CLICK HERE TO READ MORE

PLEASE NOTE: You are only qualified for this if you have participate in a single buy above this course price before.

You can also get this course from our store. CLICK HERE

How to achieve financial freedom in 2025

Unless you are currently a billionaire, you understand quite well how hard money is to make and how easy it is to spend. When you consider your income and the lifestyle you want for yourself and your family, you realize you have a long way to go. You either have to wait a long time or work hard. But what if I tell you that you can skip the wait and achieve financial freedom now without doing all that work? 

That’s right! You don’t need to work hard, you only need to work smart and you’ll achieve the level of financial freedom you have always dreamt of. Sit tight as I explore how you can achieve financial freedom in this article. 

1. Understand what financial freedom means to you

Everybody has a different definition of financial freedom. Most people define financial freedom as having the money, assets, and resources necessary to support you comfortably throughout your life and fulfill all your commitments without depending on a wage. 

Some view financial freedom as having a stable source of income that is adequate to support the lifestyle you want, as well as having a retirement fund and savings set aside. While others view financial freedom as the ability to pursue any career of your choosing or live your life the way you want to without worrying about money

How you view financial freedom is extremely important, as it will guide you on how you will go about achieving it. Knowing what you want to achieve will help you set goals and put you on the path to attaining success.

Also Read: 10 Biggest financial mistakes that you should avoid

2. Start with the right mindset

Most people believe that financial freedom is for people who are extremely lucky or hardworking. However, that is far from the truth. Although working hard will help you achieve financial freedom in the long run, working smart will do the job for you much quicker. 

So shift your focus from grueling hard work to smarter work so you can your goals much faster.

3. Have a plan

Everyone wants to be financially stable, but that’s a goal that’s too vague. You must be explicit about timeframes and quantities. Your chances of success increase with the specificity of your objectives.

What does financial freedom mean to you? What much money do you need to achieve financial freedom? What age is the cutoff point for saving that much? You need to ask yourself these questions and more and put them in writing. 

Next, determine financial milestones at regular intervals between your present age and your deadline age by counting backward from the latter. Then carefully write down all amounts and due dates. Make sure they are realistic, and it is something that you can achieve with your present income. 

By doing this, you have successfully created a plan, that will make it much easier to achieve your goal.

4. Adopt a minimalistic lifestyle

The financial advantages of downsizing, decluttering, and owning less possessions cannot be overlooked. Living a minimalist lifestyle and owning fewer possessions will lead you to financial freedom. 

Developing a mentality that emphasizes living a happy life with less is necessary to master a frugal lifestyle, and it’s not as difficult as you would believe. Many successful people formed the practice of living below their means before becoming affluent.

Adopting a simple lifestyle is not difficult. It entails learning to discern between what you need and what you desire and then making little changes that have a significant positive impact on your financial situation.

Also Read: 6 Financial literacy lessons you won’t learn in school

5. Reduce spending

Reducing expenses is the greatest approach to control your spending and manage your life. This is the first piece of advice that should always be followed since it is effective. Spending less and halting the acquisition of new items can increase your bank account balance while providing you with more time and space to tidy up and clear.

Go one step further and declare a ban on shopping. Choose an area in which you are overspending and put a time limit on your purchases. 

6. Follow a budget

The easiest method to ensure that all bills are paid and savings are on track is to create and follow a monthly budget. Additionally, it’s a consistent practice that strengthens your determination against the need to overspend and reaffirms your objectives.

If you are unsure of where to start, request a bank statement from at least the previous six months. Evaluating your income and expenses for the previous six months will provide you with a wealth of information. Keep a careful eye on the areas where you know you spend too much money and make adjustments as needed.

Also Read: 8 Ways you can make money watching videos online

7. Set up autonomous savings

Prioritize paying yourself. It’s beneficial to have an automated withdrawal into an emergency fund, which may be accessed for unforeseen needs, as well as an automatic donation to a brokerage account or something similar.

The funds for your retirement and emergency funds should ideally be deducted from your account on the same day that you are paid, preventing them from ever leaving your hands.

8. Invest your money

Bear markets sometimes referred to as bad stock markets, may cause individuals to doubt the logic of investing, but historically, there hasn’t been a better method to increase your wealth. Your money will expand exponentially only by the miracle of compound interest, but it will take a long time to see any real growth.

Start an online brokerage account that will help you learn how to invest, build a reasonable portfolio, and automatically contribute to it on a weekly or monthly basis. 

Also Read: How to overcome procrastination

9. Create passive income streams 

Having passive income streams is invaluable if you want to achieve financial freedom. With passive income, you make money without lifting a finger. Of course, there is the initial time and money investment to start, but once your passive income stream starts to run, you can relax and make money while you do nothing. 

There are many passive income streams you can try your hand at like blogging, investing, creating digital products, and so on. Do research and choose the one that will work best for you. 

10. Leverage technology and AI

Technology makes life easier, but you can make life unnecessarily hard for yourself by not using them. There are so many technologies out there that can automate several processes for you. You can utilize robo-advisors to invest with minimal effort, automatic budget apps to help you create and manage your budget, automated saving to save money without lifting a finger, and so many other areas. 

You can even outsource some time-consuming tasks, and finding freelancers has become much easier with the internet. 

Make sure you are always researching new technology so that you do not waste your time and energy doing something technology or AI will accomplish in only a fraction of the time. 

Also Read: How to master time management

11. Keep your property in good condition

Proper property maintenance extends the life of everything from properties and vehicles to clothing and shoes. Maintenance is an investment that should not be overlooked since the cost is far lower than that of replacement.

This is another reason why having less is always better. If you have less property, the less time and effort you will exert in maintaining them. Regardless, always ensure that everything you own is in good condition, as it will save you the cost of repairing or replacing them.

12. Consult a financial advisor 

To achieve financial freedom, you need to be adept at finances and master how to manage your finances. It may take a lot of time and effort to reach that stage, but you can cut the time short by hiring a financial advisor.

This doesn’t mean that you don’t need to learn anything. You do need to learn how the basics, but hire a professional for the more complicated issues. 

Also Read: Steps to gain financial independence from parents

Conclusion 

Attaining financial freedom with minimal effort doesn’t mean laziness, but working smart. You can achieve more in less time if you put your brain to work and take advantage of every resource available to you.

With the tips above, you wouldn’t need to exert yourself to achieve your goal, but with minimal effort, you will be well on your way to attaining financial freedom.

What you need to know about forex trading hours and market sessions

How does Forex trading work? The foreign exchange, or forex market is the biggest and most liquid financial market in the world, with over $6 trillion in trading volume every day. Because it is decentralized, it allows trading at any time, which gives traders from all over the world easy access. However, understanding forex trading hours and market sessions is crucial for maximizing profitability and minimizing risks.

24-Hour trading and market sessions

The forex market is alive from Sunday evening to Friday evening, every week of the year. This can be due to its spread of financial centres around the world, meaning there’s always at least one market that’s open somewhere in the world. Yet, for all practical purposes, a day related to forex trading is divided into four major sessions: Sydney, Tokyo, London, and New York.

Sydney Session (10 PM – 7 AM GMT): The Sydney session is the first to open on Monday, starting the forex trading week. Although it is the smallest of the major sessions, it does present opportunities, especially for trading pairs involving the AUD or NZD. This session usually has lower volatility and is thus good for traders who prefer a quieter market.

Tokyo Session (12 AM – 9 AM GMT): Overlapping with the Sydney session, the Tokyo session is quite liquid. As the first major session in Asia for the day, it focuses on the Japanese yen, along with other Asian currencies. Regional economic activities create trading opportunities for traders in yen pairs like USD/JPY and EUR/JPY.

London Session (8 AM – 5 PM GMT): The London session is the biggest and most active market session; over 30% of all daily forex transactions take place in this session. This session has high volatility with high liquidity and is therefore considered the favorite among traders. The major currency pairs, like EUR/USD, GBP/USD, and USD/CHF, have extreme price movements during these hours.

New York Session (1 PM – 10 PM GMT): The New York session partially overlaps with the London session. During this time it becomes the most active, as it sees the peak of volume due to both European and American traders taking part. News releases and economic data coming from the U.S. can have huge impacts on the market during these hours.

Best times to trade

The best time to trade forex depends on your strategy, currency pairs of choice, and risk tolerance. Overall, traders want times of high liquidity and volatility, which is usually the overlap of the London and New York sessions. However, traders using range-bound strategies may want quieter times of trading, such as the Tokyo session.

Key considerations for traders

Market Overlaps: The most trading opportunities arise during market overlaps due to increased liquidity and volatility. Such is usually the case with the London-New York overlap, which tends to be very active.

News and Events: Economic announcements, central bank decisions, and geopolitical events might lead to sudden price movements. Be in line with the economic calendar to plan your trade. 

Time Zones: Knowing your time zones will help you sync your own trading schedule with market sessions.

Risk Management: High volatility can give you a bigger profit, but it is very dangerous. Train yourself in using stop-loss orders and correct position sizing to save your capital. 

Conclusion

Forex trading hours and market sessions have their own peculiar opportunities and challenges. Being aware of the characteristics of each session and building a trading strategy that best suits your goals and risk tolerance is key to tapping into this highly dynamic market. For either being a day trader or a long-term investor, knowing when to trade becomes as important as knowing what to trade.

Conclusion

Forex trading hours and market sessions have their own peculiar opportunities and challenges. Being aware of the characteristics of each session and building a trading strategy that best suits your goals and risk tolerance is key to tapping into this highly dynamic market. For either being a day trader or a long-term investor, knowing when to trade becomes as important as knowing what to trade.

How to use email marketing for your business

If you believe that email marketing is ineffective in the social media age, you are wrong. One of the best strategies for promoting your goods and services and establishing your brand is via email marketing. 

Email marketing is quite effective. Customers will want more and be encouraged to remain on your list if they get helpful and engaging emails. If you want to learn more about how email marketing can help you increase sales, then keep reading.

What is email marketing?

Email marketing is a digital marketing strategy that aims to attract new customers and retain existing ones by using emails to promote business offerings and create connections with customers. 

It is one of the most effective and low-cost marketing strategies. It helps you build brand awareness and customer loyalty while providing you the ability to customize your content, track performance, and build a lasting relationship with customers.

Benefits of email marketing 

Email marketing is still one of the best marketing strategies available, even though social media and other forms of digital marketing are making headway nowadays. There is a good reason for this since email marketing has so many benefits. Let’s explore the top 5:

1. Cost-Effective 

Compared to other digital marketing strategies like social media and paid advertising, email marketing is a more affordable approach to reaching a wide client base. You don’t have to keep paying to reach the same prospective consumers or to distribute your adverts, unlike paid advertising.

2. Reach the right audience

You run the risk of platform and algorithm changes when using other kinds of digital marketing, such as social media marketing and sponsored advertisements. On one social media site, your company could be getting a lot of attention one month, but the next month, the algorithm might change and your interaction might decline. You won’t be able to maintain contact with the individuals who were previously interacting with your brand since you’re not attracting the right audience. 

No matter how social media platforms and other digital advertising platforms develop, you can be sure that email marketing will always reach your audience. You can also monitor how each subscriber interacts with your emails, so you can focus on your target audience, and eliminate those who are not interested in your business.

3. Adapt your material to your intended audience

Customer data collection and audience segmentation are made considerably simpler with email marketing. You can group your clients based on what you believe they could require from you and send them emails tailored specifically to their needs. This highlights the significance of email marketing since it is quite difficult to do with certain other marketing initiatives.

4. Brand recognition

Email marketing may be seen as a continuous dialogue. Customers may easily find a business they like online, then quickly shut their browser and never see the brand again. However, with email marketing, you can carry on the dialogue beyond that first visit, give your audience time to get to know your company and develop trust and brand awareness—all of which finally result in sales.

5. Measurable Outcomes

You may use email marketing to monitor what clients are and are not reacting to, and then use this data to better your outreach approach as a whole. Additionally, you may utilize this data to divide up your audience into groups according to engagement and particular interests. Customers who read your emails every time, for instance, are much more likely to wish to get them more often than those who only do so sometimes.

How to use email marketing to increase your sales

1. Establish a brand 

To use email marketing or any form of marketing, you first need to have a product to sell that will provide value to customers. The first step to be successful is to establish a brand. Ensure that you have a clear selling point, and that your product or service truly solves a consumer problem. 

2. Have a plan

To be successful in any endeavor, a good plan is a prerequisite. When you venture into email marketing, ensure that you have a clear plan for what you want to achieve and a time frame.

By how many percent do I want to increase sales? Which type of email marketing will provide the best value to my customers? Who are my customers, and what type of messages will resonate the most with them? You need to ask yourself all these and more when creating an email marketing plan. 

3. Perform A/B testing

You want to provide your customers with what they want; this doesn’t apply to just your product offerings but the type of messages you send to them also. A/B testing is the most effective technique to maximize your Open Rate and CTR (Click-through rate). To determine what works best for your email marketing, it is always advised to experiment with multiple styles, subject lines, and contents.

To determine what may be altered to enhance the outcomes of your email marketing, it is ideal to send out two copies of the same campaign. The email that gets the most interactions is the winner, and the rest of your emails should adapt to the style of that email.

4. Know your subscribers

Monitor the performance of your email marketing and the reactions of your subscribers to each email. Keep a close eye on your list by regularly updating details and eliminating some subscribers. 

5. Divide your subscribers into groups

Depending on whether you are speaking with a new customer, a loyal client, or a previous customer, your content approach and offers should ideally change. You may reach your targets with messages that are as relevant to them as possible by segmenting your email list. The likelihood that the receiver will open, read, and act upon an email increases with its relevance.

6. Request feedback

Asking for feedback is a highly effective method to build engagement with prospects, customers, and audience members. Potential customers could appreciate the chance to explain their reasons for wanting to buy and the obstacles they face.

Asking customers how you can make your goods and services better will undoubtedly be appreciated. When the email arrives promptly, audience members are eager to share their webinar or event experiences while they are still vivid in their memories.

7. Make changes 

You will learn a lot about your customers and how your business is faring if you follow the steps above. However, it is all useless information if you don’t use it to improve your product offerings and the way you market it. Make changes to your business and marketing style each time you learn new information.

Best practices

Email marketing is a powerful to promote your business and build a strong customer base, but only when done correctly. If you want to develop an effective email marketing strategy, then you need to keep the following best practices in mind:

1. Find ways to keep your current clientele

Email marketing is about building a strong and loyal customer base. You should focus more attention on retaining your existing customers than gaining new customers. Customers who have previously purchased from you will more likely do so again in the future than those who have not.

2. Ensure that each email has a single objective

Each email you send should have a clear objective; don’t just send emails because you feel like it. Your customers should expect value whenever they receive an email from you. However, you should try not to confuse your customers by killing multiple birds with one stone.

If your email text offers both a discount and a reward in return for a review, subscribers won’t know what to do next. A single objective that provides value to your customers is enough. 

3. Resend emails to customers who did not open it

Many people won’t read your emails the first time you send them, most of them won’t even know your email arrived in their inbox. There may be several other reasons why they didn’t open your email. Maybe they weren’t interested in the offer or the subject line didn’t appeal to them. So, resending emails is a good practice in email marketing. 

However, customers will see it as impolite and spammy if you send the same email twice or more in a single day. So send another email three days later and again a week later. Use a different topic line and phrase the message differently. You can even use another email address.

4. Steer clear of spam terms

Like most people, you most likely get a ton of spam emails every day. You are most likely guilty of doing the same to your clients without even recognizing it.

Some terms may cause spam filters to activate. Additionally, these emails will raise red flags for your subscribers and discourage you from boosting purchases.

Some examples of spam terms to avoid include: 100% free, best price, free access, free gift, free trial, lowest prices, and so on. 

5. Explain clearly why you are contacting them

Customers often have doubts about how or why you obtained their data. Telling consumers up front how and why you obtained their personal information, however, may relieve their reluctance and boost purchases.

Keep your explanation of the reasons and methods used to collect consumer data brief and simple to comprehend.

6. Remove some subscribers from your list

Because of the apparent value you provide, your email audience signed up for your list. However, there may be subscribers on your email list who will never become clients. 

Find unengaged subscribers—those who haven’t made a purchase from you or clicked on a link in your email during the last three or six months. To increase revenue and win back disengaged subscribers, start a re-engagement email campaign. If it doesn’t work, mark these subscribers as inactive take them from your list, and focus instead on your existing customer base. 

7. Test the value of your emails 

Testing your emails often is the best way to ensure that your email segmentation is effective. 

Develop the practice of regularly determining if the appropriate individuals are receiving your segmented email marketing.

There are several ways to do this. You can ask your readers for their opinions, monitor your open rates and other important indicators, and test various emails on various subscriber groups using A/B testing to see how each group reacts to your communications.

8. Make the email “fun” by gamifying it. 

Tests, surveys, and quizzes are excellent methods to increase email click rates and revenues. Provide gamified incentives for customers in place of straight offerings. 

9. Thank your subscribers

Not every email you send should be about trying to make sales. Just check in with your email list once in a while. Express gratitude, give them praise, or just inquire about their well-being.   

As a company, you may establish a stronger connection with your subscribers by speaking to them like a person or by complimenting them.

Make your “cross-selling” emails unique.

Your interaction with customers doesn’t have to stop when a consumer completes a purchase or ignores attempts to reclaim their cart. Make cross-selling emails that encourage customers to come back to the business and buy something. 

Make product recommendations depending on what the customer is looking at, has in their basket, or has previously bought.

10. Send them “coming soon” emails to keep them intrigued

A successful email for a product launch can solidify your brand in the eyes of your target audience, arouse interest that would otherwise come off as too promotional and lacking context, and assist you in enhancing how you want to keep in touch with your audience.

11. Avoid writing dull email text 

Don’t write your marketing emails like you would write a cold pitch to a prospective employer, instead make it skimmable. The shorter the time customers will spend reading your email the better, as most people would find long text boring and just skip it. 

Your emails should not just be short but also interesting. Use creative storytelling to get prospective clients to stop scrolling. You may also draw customers in using powerful images and bold text. 

12. Make the experience interactive

The most important connection you need to make with your customers is an emotional one, and the best way to do this is by showing them that you care and their opinions matter. Have conversations with your subscribers, or at least give them the impression that you do.

Instead of “talking to,” the objective should be “talking with” subscribers. There are several ways you can do this: 

  • Provide opportunities for requesting assistance via live chat or one-on-one shopping 
  • Send customized emails after live sessions and leverage live broadcasts
  • Inform subscribers that they have the option to respond to your emails.

13. Customize the emails you send 

One way to reduce your deliverability—which also impacts your sales—is to send subscribers pointless emails.

Unless the email is relevant to them, subscribers will not be interested so you shouldn’t send it to them. Instead of sending the same email to everyone, establish different flows for each customer group. 

14. Improve your email UX

The experience your users have while interacting with your emails will determine whether they will have a positive view of your brand or not. Your emails should be accessible and have a good user experience regardless of the device your viewers experience your product in. 

Here’s how you can improve your email UX:

  • Keep it brief and to the point; include the most crucial information in the email’s first fold.
  • Craft product descriptions that are optimized for mobile devices.
  • Make intelligent color choices to shorten conversion routes and lessen cognitive burden.
  • Check how your photos load on mobile devices and think about enlarging the typography.

15. Give your consumers advice and pointers

You could think that by educating your clients on certain aspects of your work, you diminish your value to them. However, this is far from the truth.

Since you have shown them that you are an expert in your field, you increase your value to them and they will continue to choose you.

16. Use a Catchy Subject Line

Your email marketing recipients will always read the subject line first, therefore it’s important to write it correctly. An email with a well-written, captivating, and exciting subject line will typically stand out above all the other emails your receiver has gotten in their inbox and encourage them to read the rest of the email. 

17. Add a straightforward and unambiguous call to action

Composing a concise call to action might be the difference between an email campaign that is effective and one that is not. Never attempt to overwhelm or perplex the people you are emailing.

Keep your attention on only one call to action at a time. Additionally, make sure that the top portion of your email effectively highlights your call-to-action material. A solid call-to-action makes it clear to the receiver why and what they are clicking on in the email’s subject line.

Conclusion

Email marketing is a highly effective method of marketing. With the right strategy, you are on your way to creating a loyal customer base and increasing sales. 

How to transition from employee to entrepreneur

You may be tempted just to quit your job and start a business the moment you get sick of your job, but the transition from employee to entrepreneur takes time and planning. 

If you switch too early without adequate preparation, you risk failing miserably. So how can you successfully transition from an employee to an entrepreneur, live a better life, and acquire greater wealth? In this article, I will discuss how you can do just that. 

1. Make up your mind

Starting a business is great, and it has the potential to make you more money than working under someone else. You also have the freedom to make your own decisions and choose your hours. However, it is not for everyone. 

As an employee, you are compensated for the work you do and receive a consistent paycheck. It is safe, secure, and predictable.

On the other hand, the life of an entrepreneur is less predictable. As an entrepreneur, you will devote numerous hours of your time, effort, and concentration without receiving payment in advance. There is a chance your business might fail even after you have invested so much time, energy, and money into it. 

The first step is to abandon your comfort zone of a stable paycheck and adopt an entrepreneurial attitude, where your earning potential is limitless—just don’t expect it to be consistent! You must be ready to put your livelihood on the line and put all your hope on the success of your business. If you don’t have the confidence, then it might be better for you to remain an employee.

2. Educate yourself 

Many books and other resources are available to help you understand what it means to be a business owner, and you can study them around your 9–5 schedule. If you are a first-time business owner, you should start learning the fundamentals of business ownership long before you consider quitting your job. 

You can determine whether or not owning a company is right for you and what kind of business you should run by educating yourself.

3. Choose a business concept

It’s your responsibility as an entrepreneur to comprehend and resolve people’s problems. Finding a specialty that you are passionate about and have the ability to fill is the first step towards doing that successfully.

Finding a lucrative niche often takes a lot of time and revisions. There is more to this than what some refer to as discovering your passion. You need to consider your experience, talents, and abilities. 

Individuals often overcomplicate this process. You don’t need to create the next Amazon or Facebook, just make use of your existing abilities.

Consider the talents you have learned in your work and outside of it. You may not immediately come up with the ideal concept, but you will discover it via trial and error. 

4. Build your skills

You may be great at your job, but being an entrepreneur is a world away from being an employee. You will need to acquire a whole new set of abilities as an entrepreneur.  

Active learning is the best strategy for skill acquisition — that is, learning by doing. This strategy will help you accomplish your goals while developing your abilities in the process.

Active learning is very hands-on and will get you where you want to go far faster than passive learning, which, let’s face it, taught us almost nothing in school.

5. Start on the side 

It may be tempting to leave your job immediately when you find a business concept that you are sure will succeed. However, we are often prone to biases, and what we feel is a great concept might not do well in the market. 

Since there is a lot of risk and trial and error involved in starting a business, it is better to start slow and small. You can work on your business on the weekends and evenings, while you keep your 9-5 job. This way, you will still have a stable income while you grow your business.

Before you leave the safety of your existing job, this offers you a risk-free chance to test your ideas, get your first customers, and determine if the firm can survive over time.

6. Grow your audience

Ideally, you should start looking for customers once you have decided on a concept. Choose a few individuals you believe would be excellent customers. Inquire about their main requirements, concerns, and goals concerning the company concept you want to pursue.

Do the advantages of your service or product match their actual needs? Take note of what they say, as you may need to refine your idea based on the feedback you gain. 

Once you are sure of your concept and have identified your target audience, now is the perfect moment to start considering audience growth.

There are many methods to do this, but some of the most popular include: 

  • Blogging: Blogging is one of the greatest ways to build a digital footprint and, if done correctly, can bring in a lot of customers.  Your blog entries will gain value over time, unlike social media, so you won’t notice benefits right away. If done correctly, the value you gain will be everlasting. 
  • YouTube: Just like blogging, it might take some time to reap the benefits of advertising your products on your YouTube channel. YouTube is great for making a lasting impression on your audience, as it uses visuals to make an impact. 
  • Social media: Social media can help you reach a wide audience quickly, but visibility deteriorates just as fast. It is best to automate as much of this process as possible using programs like Planoly and others so that you can concentrate on more crucial tasks that will provide higher long-term results. Alternatively, you could hire someone to manage your social media account or reach out to influencers to advertise your product. 

7. Test the waters 

It takes time to develop a clientele large enough to justify a full-time commitment, so you might try part-time instead. The goal is to reduce the amount of time you work your full-time job and commit more time to growing your business. 

However, this depends on the type of organization you work for, as it might not be feasible for you to reduce your working hours. Speak to the management about wanting to reduce your working hours, and if they agree then great. If they don’t you should seriously consider whether it is the right time to quit your job and focus fully on your business, or it might be better to hold on to your job for longer. 

8. Quit your job

Leave your day job when you’re ready and once your business has started bringing in significant profits. After all you’ve already done, this can seem like a huge relief, but there is still more work to be done.

Avoid burning bridges when you depart, despite the temptation to do so. You never know when you’ll run across old coworkers and supervisors again, and you may need to collaborate with them later.

9. Expand your company 

You may have started your company alone and may have juggled every aspect of managing, creating your product, and finding customers all on your own. As your company grows, and the workload increases, it might be time to expand.

Start by hiring people to help you with less important tasks, then slowly increase that number as your clientele increases. If you have been running your business from the comfort of your home or a small office, then it may be time to expand to a bigger space.

The expansion of your business should be in line with your business growth, clientele increase, and earnings. You shouldn’t expand when there is no need to or refuse to expand when there is a clear requirement. 

10. Embrace lifelong education

Many people don’t consider learning and business to be the same, but if you want to stay up with the fast-paced world of business, you’ll need to constantly learn new things and improve your skills. You’ll also need to keep an eye on how the world is changing because technology is advancing faster than most people can keep up.

You may continue studying if you’re just starting out by taking advantage of the many online business courses offered by Coursera and LinkedIn.

You can find specialized courses that concentrate on design, music, finance, small business management, and other topics. 

Thinking from the perspective of a whole company can be a novel challenge. Unless you have worked in large corporations long enough and participated in the process of building out a company, you will probably have a lot to learn. Make use of all available tools and resources.

Conclusion

Right now could be a good moment for you to go ahead with your company launch ideas, but if it’s not, and you have plans and ambitions for the future, this article can help you decide to transition from employee to entrepreneur.

Starting your own business is not a fiction; it is a significant lifestyle shift that differs greatly from working for a corporation and might be more challenging. In actuality, the shift from employee to business owner is really difficult, takes a lot of effort, and requires discipline.

You have a lot of work ahead of you if you want to become a successful entrepreneur, but for the majority of entrepreneurs, the rewards of purposeful work and independence are much more significant.

How to become a millionaire by investing

Not everyone can start a profitable company, inherit a fortune, or win the lottery. However, there is another well-established method for regular people to become wealthy without relying on chance, inheritance, or the capacity to create a successful business empire. It is called investment.

Wealth will not come just because you invest. You have undoubtedly heard of (or personally seen) stock market investors who lost money despite their aspirations to become wealthy through investing. Many of these individuals had high goals but lacked the values necessary to become millionaires through investing.  

Becoming a millionaire by investing is not easy, but it is achievable. To earn a lot of money investing, you don’t have to be rich, but you need the appropriate plan.

In this article, I will discuss how you can become a millionaire by investing. 

1. Start early

You may start investing at any age, and the longer you let your money grow, the more you will eventually make. Starting today may have a big impact on your total income, and every year matters.

If you start late, that doesn’t mean you can’t become a millionaire. To reach your goal, however, you will need to invest more money each month for each year that you postpone investing. To allow your funds as much time as possible to develop, it is thus best to start investing even if you are unable to make large investments at this moment.

2. Have a plan

To make a lot of money by investing, you need to have short- and long-term financial objectives rather than idly saving or investing.

Consider the things that are essential to you. For example, you may want to start investing because you’ve heard it’s a fantastic method to accumulate money. However, investing today may help you pay for a major purchase, such as a house or vehicle, or save for retirement. It might be simpler to prioritize and concentrate on goals when you have clear objectives in mind.

3. Maintain a long-term perspective 

Building a millionaire portfolio takes patience. It will probably take many decades to reach your goal of becoming a millionaire unless you earn a lot of money every month. Waiting so long might be depressing, but remember that even little payments can add up over time, and stock market investment is one of the simplest methods to build wealth.

Investing in a turbulent market may sometimes be difficult. It might be tempting to withdraw funds or cease investing if stock values are declining. However, despite several downturns throughout the years, the market as a whole has traditionally generated positive average returns over time.

It will be simpler to stay out of the day-to-day fluctuations of the market if you have a long-term perspective. Additionally, your money will increase over time if you keep investing regardless of the state of the market.

4. Make wise investment choices 

Selecting the appropriate assets is one of the most crucial steps in becoming a millionaire through investment. The secret is to strike a balance between risk and return since this will assist your money increase rapidly while lowering your risk as much as possible.

The greatest stocks are those with the highest long-term potential, but the specific assets you choose will rely on your own choices and risk tolerance. Although these stocks may not provide spectacular returns, they are more likely to enjoy steady growth over time if the firms are stable.

5. Invest regularly

Even while you may invest a big quantity of money all at once and see it increase, it might sometimes be more efficient to invest smaller sums more often. This approach is not only more cost-effective, but it may also result in long-term financial savings.

By investing a fixed amount on a predetermined timetable, a technique known as dollar-cost averaging may lessen the effect of stock market volatility on your assets. The market will often see ups and downs, and stock values are always changing. You run the risk of loss if you invest a large sum of money at once when prices are at their peak.

You will, however, invest at both higher and cheaper prices if you make smaller, more frequent investments. That may eventually lower your expenses and make your money grow faster.

The idea here is that investing a certain amount monthly is the quickest method to accumulate wealth. As a result, you should allocate a portion of your income to regular investments while making your budget.

6. Diversify your portfolio

Diversification is necessary for successful investment. This entails, for instance, purchasing many equities in several sectors rather than simply one or two in the same sector

The main idea is that diversification may lower risk and stop significant market losses, regardless of the approach used.

You should reconsider if you have invested all of your money in the greatest stock that you think would make you wealthy. You’re exposing yourself to a great deal of risk by placing a lot of financial weight on one asset.

To build wealth, you need a defensive strategy by diversifying your holdings across a range of instruments, including stocks, bonds, mutual funds, exchange-traded funds, and ETFs. They lessen the chance that any one investment, particularly a sizable stake, may do you undue harm.

To diversify your portfolio, you may also wish to consider alternative assets, including real estate.

7. Be patient

The longer you remain in the market, the higher your chances of making great returns. Many people who lose money in the market are victims of the “fear-and-greed cycle.”

Due to greed, many individuals participate in the market after hearing that others are profiting from a single investment. However, the market is already going down and their investments will lose value by the time they get in. Then, fearing that they would lose everything, they sell. They ultimately lose money because they purchased high and sold cheap.

Compound growth is advantageous to investors who stick with the market through its highs and lows. The market is more likely to grow than collapse, according to research, and the longer one remains in the market, the greater the chance of generating money and the lesser the chance of losing it.

Many investors rush to the exits when the stock market starts to decline in the hopes of preventing even larger short-term losses. The problem is, that drop can be a fantastic long-term offer. If the market plummets, you may want to think about purchasing equities while they’re still cheap.

8. Automate your investments

If you want to become a millionaire by investing, consistency is essential. Establish weekly or monthly automated contributions to your brokerage account. You may lower the chance of inadvertently forgetting your investments by setting your contributions to run automatically. Additionally, you won’t be tempted to spend the money on other things since it’s automated.

You may also take advantage of dollar-cost averaging by investing the same sum at regular periods. Keep in mind that a little amount goes a long way and make an effort to do what you can every month.

9. Ask for help if you need it

Investing is not something you have to do by yourself. When you’re just starting, you may be a bit confused about what to do next. 

Speaking with a financial counselor might help you advance if you could use some direction. From investments and retirement planning to life insurance and estate planning, financial advisers can assist you in creating a long-term financial strategy that takes into account every facet of your financial situation. 

If you just want basic portfolio management, you may choose one of the top robo-advisors. These automated investing solutions often provide cheap costs and no minimum investment restrictions.

Conclusion

One of the most practical methods to become a millionaire is via investing. Everyone may access it, and you don’t need a fortune to become an investor. Following the steps outlined above, you will be able to become a millionaire in no time by investing. 

10 Signs your online vendor is trying to scam you

Online shopping has made it possible for consumers to buy from merchants and businesses worldwide. Cybercriminals, however, use the anonymity of internet buying to defraud consumers. 

Online shopping isn’t always risky. However, internet frauds may also target vendors on well-known sites like Amazon. They may even utilize stolen accounts to avoid discovery. 

As internet fraudsters get more creative and devise new, more efficient methods to defraud you of your money, the amount of money lost to cyber scams is also sharply increasing. The greatest defense against scams is to arm yourself with awareness of their current strategies.

The good news is that staying safe is easy if you follow a few straightforward measures to identify new frauds and safeguard yourself. In this article, I will discuss 10 signs your online vendor might be trying to scam you:

1. An offer that seems too good to be true

Offering something that is just too good to refuse, such as free phones, cash awards, or exorbitant discounts, is one of the techniques scammers use and is also one of the most effective.

This technique is effective because it causes overpowering feelings like anxiety and excitement causing us to make decisions in the spur of the moment. You must slow down before responding to any messages that thrill you since only ten seconds of attentive pause will revive your rational thinking.

Typically, products that are advertised at steep discounts are frauds. Or not exactly what’s listed, at the very least. If something seems too good to be true, it most often is.

Remember that legitimate businesses will not run at a loss, so even if their prices are cheap or they offer discounts, it wouldn’t be as cheap as the prices scammers will offer. Legitimate businesses would also never request your personal information or money in advance for a reward.

2. The website is not secure

A website that is not secure is a clear warning sign. Look at the website URL to check for any inconsistencies before clicking on it. Look for spelling mistakes in the URL, such as letters being replaced with digits, if you come across a link that seems to be from a reputable shop. Instead of “http://,” look for “https://” and a padlock next to the URL. 

Your financial information is safe to input on secure websites. Your bank account or other information might be compromised by a fraudster if the website is unprotected.  

3. Urgency 

Scammers will always want you to act fast so you will not have the chance to rethink your decision. If a vendor keeps urging you to perform an action or make a payment, then they are likely a scam.

For example, they might give you a limited-time deal, and tell you how you will miss out on this amazing deal if you don’t act now. 

If you find yourself in this situation, wait it out. You will see that the deadline they originally gave you will be extended or a new amazing deal will be offered to you. 

Some reputable businesses use this method to drive sales, but it is often seen as a deceptive pattern. They mean to trick you into buying by giving you a sense of urgency and having you decide without thinking thoroughly about it.

4. Scarcity

This is similar to urgency, in the sense that they will make you hurry to buy something by making you think that if you delay, you will not be able to buy it later. They might tell you that they only have a few of the items you want in stock, or that so many people are buying so it might soon go out of stock. Usually, this is not the case. 

Honest businesses will not share this type of information with you, try to deceive you, or trick you into buying their products. If your vendor starts saying things along this line, it’s best you stop doing business with that vendor and find someone else. 

5.Confirm shaming

With confirm shaming, the goal is to guilt or shame you into buying. They may say things along the lines of “It’s so cheap! You surely have the money to spare for this,” or “Our business is struggling. You can help us by buying from us.” 

Remember that your money is yours so you have full control over how you spend it. Vendors who do this are trying to scam you, and even if they are not, it is a very bad practice and you should always avoid vendors that do this. 

6. The vendor will not meet face-to-face

If you are dealing with a scammer, they will try every means to avoid meeting with you. They may even avoid calls too, and only contact you through messages and voice notes. 

If your vendor is avoiding meeting with you and gives you several excuses about why they cannot meet you, then you are likely being scammed. 

7. They are trying too hard to win your trust

A common tactic used by internet scammers is to attempt to win your confidence. They could pose as coming from a reputable source, such as the government or a reputable company. 

Spend some time confirming the identity of the sender before making any transaction with them. Searching Google for the company’s or entity’s contact information is often a better option than clicking on a link or calling a number in an email or text message. 

8. They only have positive reviews

No matter how great a business is, it can never be perfect, so there will be some customers who have had bad experiences with it. However, when you scroll through a website and you see only positive reviews from their previous customers, you should suspect a scam. 

Scammers will want you to trust them, so they will often write fake reviews on their websites to attract customers. You will also notice that most of the reviews will be a few sentences long and will not cover how the customer feels in depth. Or you will notice that a lot of the comments are similar or look too perfect. 

9. They request unnecessary personal information

If they ask for unneeded information, it’s a dead giveaway that you are dealing with a scammer. Cybercriminals will attempt to deceive you into divulging private information, such as your bank account details or card number, your password or pin, to “complete the transaction” or get “discounts.” You should refrain from disclosing any private information online unless it is required.

10. There are several grammatical errors in the messages they send to you

Any material or information sent to customers will be carefully reviewed by the majority of trustworthy businesses. Professional emails are concise and without errors. Scam emails, on the other hand, are probably riddled with punctuation, grammatical, and spelling mistakes.  

Scammers intentionally compose shoddy emails, which may surprise you. The premise is that the reader is unlikely to fall for the fraud if they are perceptive enough to notice the grammatical errors.

Conclusion

You should be careful when dealing with online vendors, as they may collect money from you for a product you will never receive or collect your personal information and hack into your bank account. if you notice any of the above signs when dealing with an online vendor, then they are likely trying to scam you, and you should stop dealing with them immediately. 

10 Brilliant ways to build wealth after 40

If you’re 40 and still not rich, it might seem like you will never attain financial stability. But that’s not true at all as there is no age limit to achieving wealth. The truth is, you are at the peak of your life at 40 and in your prime working years. 

If you compare yourself now and when you were younger, you would realize that you are in a better place financially. You have become an expert in whatever career that you choose and you probably have a stable job or business. You probably have a family too, and if you started early, some of your children may have started leaving home for the university. 

At 40, you know who you are and what you want from life so it’s the best time to seriously work towards building wealth. 

If you’re above 40 and still not wealthy, then read this article and find out 10 brilliant ways you can build wealth

1. Pay off your debt

Having too much debt makes it difficult to accumulate money, particularly high-interest debt. All your hard-earned money will go into paying interest on your loan instead of more worthwhile endeavors. The longer you are in debt, the more likely you will live your days in poverty.  

Budgeting and expenditure cuts might provide you with sufficient funds to reduce your debt. You may not be able to pay off all of your debt at once, of course. To stay on track, it’s crucial to have a strategy for repaying your debt.

There are two popular methods for debt repayment. One is the snowball method where you make minimum payments on each debt monthly and make extra payments on the smallest loan. Then move on to the next lowest on your list until you are debt-free. 

As an alternative, you may use the avalanche method, which entails making the smallest payment on all of your loans while making the largest payment on the loan with the highest interest rate. 

2. Reduce spending

The key to building wealth in your 40s is saving as much as you can, particularly if you don’t currently have a sizable savings. Reducing your spending might be helpful if you’re having trouble saving more money.

Managing your spending might be difficult. Examining your bank accounts might help you better understand your spending patterns. It’s simpler to determine where you can make cuts if you can see where your money is going. Over the next several decades, saving money today will provide significant benefits.

Look over your bank statement from the prior month to see how you typically spend your money. Find out more about your spending patterns by classifying your expenses (rent, utilities, bills, debt, food, transportation, restaurants, miscellaneous shopping, etc.).

Once you know where your money is going, look for areas where you can reduce spending. You may then redirect the money to other savings objectives after making sure you are living within your means.

3. Start planning for retirement

It is never too early to start planning and saving for your retirement. If you’re over 40 and you still haven’t started, then you should start now. You have at most 20-25 years before you retire so every moment counts. 

Find a high-interest savings account and begin making monthly payments. Ensure that it is inaccessible so you will not be tempted to withdraw from it. 

4. Make sure your investing portfolio is diversified

An asset that will provide returns throughout your retirement years is a diverse investment portfolio. Having a mix of securities across several categories, including small- and large- corporations, distinct economic sectors, and real estate is the goal of diversifying a stock portfolio.

Be sure to educate yourself on the various alternatives and rewards before making any investments. Finding the ideal combination of assets to optimize your returns and total risk might be facilitated by consulting a financial advisor.

5. Have an additional source of income

Honestly speaking, it is impossible to build wealth if you are earning a lower-than-average income. So if you know that your earnings are low, then you should seriously consider finding another source of income.

Changing jobs or careers may be feasible at this stage, but you can still make more money by finding a profitable side-hustle. You may do this by starting a business, finding a side job, or creating passive income streams.

As you’re getting older, your strength will not be as much as when you were younger, so it’s crucial you look for smart ways to make money with minimal time and energy investment.  

6. Consult a financial expert

Engaging with a financial advisor is not exclusive to the wealthy. If you want to build wealth, then getting advice from an expert may help you a lot. 

You may identify your financial objectives, comprehend your existing financial status, decide the next measures to attain financial stability, and many more by consulting a financial expert. You also get guidance on the best investing alternatives based on your returns and risk tolerance.

7. Budget for medical expenses

They say health is wealth, so you can’t build wealth if you are too sick to leave your bed. For people aged 40 and above, medical bills and emergencies may be a significant financial strain.

Your body is becoming weaker by the day and you will start to acquire some chronic age-related diseases. You can prevent all these by taking care of your health before it becomes a problem. Eat healthy, exercise, and avoid stress as much as you can. 

To protect your income and assets, start setting aside money for medical expenses. Discuss suitable health insurance and healthcare plans with a financial counselor to help you pay for unexpected medical expenses and emergencies.

8. Learn new competitive skills

You increase your earning potential when you learn skills that are in demand. Even if you are above 40, upskilling is still a valuable investment. 

Younger people have age and youthful energy on their side, so employers might prefer them to someone aging like you. But if your skillset is competitive enough, you will not need to fear for your job security and can easily outcompete them. 

To preserve your professional competence, job security, and financial stability, invest in skill acquisition and start earning greater pay. Plan and budget for the time and money required for upskilling, such as enrolling in new classes, paying for training, or attending seminars.

9. Move to a smaller home

It may be sensible to live in a large home when you have a family, especially a large one. But when you are above 40, most likely, all your children have left home. Living in such a large home with only your spouse may be a waste, so it may be time to downscale. 

You may save more money on rent when you live in a smaller house, or make more money from rent when you leave the bigger house you own and buy or rent a smaller home. 

10. Make an estate plan

When you are above 40, you should not only consider your retirement but also what will happen to your assets when you are no longer alive or able to make financial decisions. This is why an estate plan is important, which is a set of arrangements stating how your assets will be managed and distributed when you are no longer alive.

It may seem daunting to plan for your death when you are still thinking of ways to become wealthy, but death is a natural process of life. You don’t want your efforts to go to waste just because you die. 

You probably have dependents or a family that you need to care for even in death. You can make sure your family is taken care of by creating an estate plan. It may be a long-term strategy to increase wealth throughout generations.

Getting insurance is another option to safeguard your family and valuables. Benefits from your life insurance policy may be used by your beneficiaries to cover living expenses, debt repayment, and burial costs. Disability insurance acts as a safety net for you and your loved ones by paying an income if you are unable to work.

Concluding

If you’re above 40 and still haven’t achieved the wealth that you have always dreamed of having, you might feel like it’s too late. It might be a bit late, but that should not mean you should give up; it means you will need to work harder and more aggressively towards your goal. 

10 Signs that you are a bad investor

You have probably been told that you can make a lot of money from investing, but you also know that not every investor makes money. Investing requires a lot of expertise and a little bit of luck. If you have been investing for some time now but are not making money or making less than you should, then it is either you are a very bad investor or you have terrible luck. Most likely, it is because you are a bad investor. 

Most people view themselves as better than they are, so even if you are a bad investor you may not know it. Of course, your inability to make money investing should clue you in, but at times it is not enough. In this article, I will finally lift the veil from your eyes, so you can finally see yourself for who you are: a bad investor. 

1. You know nothing about investing

There is absolutely no way you would be good at anything without first having in-depth knowledge about it. However, some people invest without first acquiring the basic information about investing. If that describes who you are, then the only thing to do is to stop investing right now and devote your time to learning. 

There are various resources available online that you can learn from. You can read blogs, watch videos, listen to podcasts, and buy books. If learning on your own is hard, you can ask others more knowledgeable about investing to teach you or even employ a financial advisor to coach you. 

2. You only invest because you were advised to do so

An investment is not always good just because an investment consultant suggests it. It might be a warning sign if you seek advice from an investment consultant and they strongly advise you to buy a certain stock. 

Human nature may cause a broker to suggest a more expensive investment over a rival as certain investments pay larger commissions than others. Before investing, always find out how an adviser is compensated. Working with a fee-only financial adviser is thus often the best option, and you should confirm that they are recognized by the government or any authorizing body. 

3. You borrow money to invest

A rule of thumb when investing is to never invest money you can’t afford to lose so it would be very unwise of you to invest money that you don’t have. An investment may not be the greatest choice for you if you are unable to pay for it entirely and want to borrow the funds. 

To make things worse, you may have to pay interest on the loan you collected. Even if you make money from that investment, almost all of it will go to covering the interest you owe. And if the investment falls through, you end up worsening your financial situation with a loan. 

4. You don’t care about the fees

When investing, you will most likely use an investment broker or an investment platform, and they usually charge a fee for their services. The higher the fees, the less returns you will receive from that investment. Investment fees should not exceed 0.5-0.75%.

A fee of more than 1.5% is exorbitant and you should not investment with the platform or broker. 

5. You ignore red flags 

Some stocks are just too good to be true, or the risk involved may be so high, it cancels out any profit you may make. You should always trust your intuition when investing, and seek advice when you are not sure. If you have a bad feeling about a stock don’t buy even if the stock seems to be doing well. 

6. When a stock is rising you feel pressured to buy

When a stock is growing, it may be easy to be sucked into it. It appears to be rising every week, so you may feel pressured to purchase now to keep up with the trend. This hurry, however, is seldom a good thing.

Just as suddenly, high-flying equities might drop in value, leaving you with much less than you started with. If it’s a really good opportunity, you can purchase when you have a greater understanding of the investment since good stocks often move upward for years, if not decades.

Being pressured to purchase an investment right away in order to avoid “missing out” is a serious warning sign. If someone is pressuring you to send money right away, it’s either a fraud or at the very least, an indication of a “hot” investment that’s probably going to drop soon. Stick to long-term, essentially good decisions instead.

7. You don’t do research before investing 

You should not invest because a stock seems to be doing well or because many people are buying it. If you invest, it should be because you are confident that that stock will do well in the months and years to come and you can only know that if you do your research. 

Investigate a stock’s price-to-earnings ratio and look for assets that are reasonably priced or undervalued as opposed to those that are trading at a high ratio. A stock may be on the verge of a decline if its valuation increases steadily but its profits stay the same or decline. Stock prices are usually driven by profits, therefore it’s risky when a company’s stock price increases while its earnings fall behind.

You should steer clear of an investment if it is so complex that you are unable to express it in plain English. An investment isn’t always superior to a straightforward one just because it’s complex. With so many options for earning money, stick to what you know so you know what to anticipate.

8. You only go for risk-free stocks

There is risk associated with any investment. Even comparatively secure assets, such as bonds, include some risk. 

If someone tells you that an investment has no risk or that returns of a certain percentage are assured, then that person is either dishonest or lacks sufficient knowledge about the investment, both of which are concerning. It would be wise to steer clear of this kind of offer completely since it often indicates an investment fraud.

9. You make purchases that are not in line with your objectives

Having and following an investment strategy is crucial, and generally speaking, you should only invest if it fits with your objectives. If it doesn’t fit your financial objectives, it’s probably not the appropriate choice for you, regardless of how high the prospective returns are. 

You should determine your investing goals before making any investments. Do you need income or do you want your capital to grow? What about combining the two?

For instance, pensioners, who often need a steady stream of income, may not be the best candidates for a diversified stock portfolio, even if it has been a wonderful long-term investment despite occasional large failures.

Perhaps you will soon be retiring and cannot withstand this kind of volatility, or perhaps you just cannot bear to see your money plummet overnight. Your requirements must be met by the investment.

10. You follow the trend

You shouldn’t purchase an investment just because someone else is, especially if that someone is a well-known investor.

Investors have varying time horizons and objectives, and other people’s motivations for stock ownership may be entirely at odds with your financial requirements. Look for investments that suit your needs, not those of others.

When promoters are praising a stock, it is often best to steer clear of it. Either do your own research or follow the recommendations of reliable investment experts.

Conclusion

The world of investing is very challenging; there is often no place for bad investors. To do well, you must be knowledgeable, smart, and lucky. 

If you fall into the category of a bad investor, there is still hope for you. The first step is recognizing where you fall short and then making a conscious effort to change. In no time, you will become a good investor, or even a great one, and eventually start reaping the rewards of investing.