Your dreams are just on the other side of the fence. But why are you stuck? Why don’t you just get up and climb over the fence and then, voila! You’re now living a life of your dreams. That simple. But not everyone finds it easy. That fence is not easy to climb. And most of the time, you don’t realize that the fence is you. To overcome yourself, follow these steps that I, Ike Madu, have learned throughout my career:
Identify What Scares You
So what are you afraid of? A lot of things, perhaps? It could be a fear of getting off your comfort zone or taking risks, or it could be a fear of losing something or giving up something you are used to. Or maybe you are afraid that the prize you’d get wouldn’t be as valuable as the things that you needed to give up to get them.
Feel The Fear
You must accept that you are afraid to make that big leap to reach for your dreams. Face that reality. Embrace that fear.
Just Do It
While it is scary to make a move and it is always tempting to stay where you are, I, Ike Madu, suggest doing the best way to overcome fear – that is, going through it. If you are afraid of heights, go and get on that elevator that will take you to the building’s top floor. If you fear the sea, then go dive.
Once you start doing what you are afraid of, the fear will slowly subside. You will eventually feel great about yourself as you continue doing it. Frustrations may get in the way but if you’d keep going, a sense of achievement will eventually take place. Once you have overcome that fear, it will bother you less, or never again.
Acquiring stocks from the stock market hasn’t been painstaking. In fact, it is one of the quickest and easiest ways to get rich. What it makes it challenging is deciding which company would you put your bet on.
While taking risks is one of a businessman’s irrefutable characters, relying your success on pure luck is insane. This is so true with stock investment. Stock investment may not be as complicated and as tiring as starting up your own business, there is a strategic approach to making buying stocks made easy. I, Ike Madu, will tackle about these tips that you might find helpful.
Create A Five-Year Plan
First, you have to ask yourself why you are buying stocks. If it is just for a short-term cause, I, Ike Madu, would suggest investing into another business. Stock investment doesn’t guarantee a return on your investment in the next few years. If you cannot commit to a five-year plan, investing in stocks may not be for you.
Know How Much Are You Willing To Risk
Since the growth of your stock portfolio is dependent on the capital you invest, know your risk tolerance level. Are you willing to risk $200 for a profit of $20,000? Or are you just investing to not lose?
Leave Your Emotions At The Doorstep
Stock investment isn’t just about gut-feeling. It is more importantly about logical thinking and informed decision. Learn about the company and its assets over liabilities. Never be carried away with the hype and fad. While gut-feeling is sometimes true, taking your emotions off the matter will make you think strategically.
If you’ve got a long-term plan and if you are willing to take a bigger risk, guard your emotions and invest in stocks. With these three tips, buying stocks has never been this easy.
Mr. Ike Madu, CEO of Maigrit PLC – London U.K, is exactly the opposite of what he is reportedly known as the guy who never pays his debts. Mr. Ike Madu is an accomplished Director, a proficient manager, and a well-versed project coordinator specializing in business and financial services, general commerce and commodities, and eWallet.
Mr. Ike Madu of Maigrit PLC / London U.K. has constructed a unique cooperative arrangement for the purchase and sale of commodities to his company’s larger buyers such as EDF Mann, & Cargills. Mr. Ike Madu has also innovated in-house training for MGL Worldwide, and enhanced the use and involvement of the company’s compliance department, leading its business expansion to Asia, America, Europe, and Africa.