Investor mindset - thinking, feeling, actions
Managing your investor mindset begins with researching, building and learning to grow an investor mindset. That develops the three superior investor wealth building advantages including:
1. Thinking - learn to use investment facts and skills for benefit,
2. Feeling - learn to use emotional management for better decisions,
3. Actions - knowing how and when to act and buy, sell or hold.
Investor mindset management develops from individual investor brain-training which produces a superior investor mind.
Managing your investor mindset includes:
Frequently Asked Questions about
Managing your investor mindset
What is the difference between investor mindset and attitude?
For investing success, both mindset, which comes first, and attitude which follows, are important. The mindset which includes your perceptions, and how you interpret them, forms the foundation or base for your investment thinking. Your investor attitude, how you interact with investments and investing, grows from your investor mindset, how you see the investing world. Attitude, built on that foundation, acts on your thinking, perception, and belief. For best results, begin with an open mind willing to learn new things.
What is an investor mindset?
An investor mindset is the core belief of a successful investor. Successful investors share 4 Investor Mindset Beliefs affecting how they see investing.
1. Money has value as an asset that works for them.
2. Knowledge has value, this includes knowing markets and investing.
3. Money skills include knowing how to save, cost control, and invest.
4. Core Investments are productive assets producing more wealth.
These beliefs form the base thinking for successful investor attitudes and actions. Anyone can adopt investor mindset beliefs, brain-train to develop an investor mind, and develop the knowledge and skills needed to become a wealth-building investor.
What is an investor attitude?
Successful investor attitudes come from their investor mindset which is their thinking base. That mindset determines how to observe the investing world, sets the attitude, and determines the actions they take. That gives successful investors a set of 5 Common Investor Attitudes that include the following.
First: they must make money work for them.
Second: they consume investing and market knowledge.
Third: they manage saving and spending, to save more and spend less.
Fourth: they accept and manage change as essential for growth.
Fifth: they are confident learners and managers willing to do what is needed for investment and wealth building success.
Successful investors are interested, engaged people acting with a confident can-do attitude, that stay current, and continually learn. They apply what they learn to manage and produce good investment results.
What makes a good investment?
Good investments hold value, have great growth or earning probability, are low risk, and have limited loss potential. The skills needed to find good investments can be learned by anyone wanting to build successful investment portfolios. Good investments are found by investors that train their brain to develop an investor mind and become superior investors.
What is good investment behavior?
Good investment behavior includes the combination of good judgment, research, and a willingness to act on investment decisions. Successful investors also learn and adopt the psychology and analytical skills of good investors. The best investment behavior comes from the managed thoughts, feelings, and actions controlled by an investor mind.
What is a good investment mentality?
For success, investors need to think and manage their thoughts, feelings, and actions. This includes learning about money and value as well as using time, making plans, and developing execution skills. Establishing the best investment mentality means training your brain to develop an investor mind.
Core Content
Managing your investor mindset
The managing your investor mindset lesson shares the superior investor attitudes and skills used to develop and manage money making thoughts, feelings and actions. That mindset influences the development and use of investment knowledge and experience. Beginning with a positive can-do attitude, the mindset is the mental foundation for the development of the investor mind. Establishing that foundation begins by building the open-ended continual process of growing and developing the investor mind for a lifetime of investing success.
An investment in knowledge
pays the best interest.
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Benjamin Franklin
A Founding Father of the United States
Producing your own wealth building power
Because each person is different, each person has their own way of developing their investor mind. And the result for each person is personal and different as they learn and develop superior investing skills. They begin by knowing themselves and learning investing as part of growing their personal knowledge base. Beginning where they are, as they are, each person builds their own investor mind by learning basic investor thinking, feeling, and actions based on their own personal knowledge. Doing that well becomes the personal base for each investor mind and the foundation of their successful investor life.
Your investor mind development is a very personal journey.
It is all about you and investing time and effort to make you an effective investor. For each individual, developing into a superior investor is a very personal journey that begins from the time you decide that you want to learn to become a stock market investor. With some time and effort, you can develop into a superior investor to enjoy a life of investor benefits.
The mindset of superior investors
Superior investors have the advantage of a winning investment mindset that influences their thoughts, feelings, and actions. Having the right mindset is critical for building investment success. The right mindset means the attitude, mentality, or psyche which flows from the mind of the investor to their thinking and behavior. Superior investor thinking includes the attitude of being active and ready to make things happen. They have realistic, optimistic outlooks, and are lifetime learners who trust facts and experts.
Managing your investor mindset attitudes include:
Used well, an investor mindset can make you rich
Investor brains and their attitude towards the value of money
Not a leap of faith but knowledge, time, and effort can build wealth. Superior investors see money as a useful tool in their investment life. They want that tool to work for them delivering more benefits. Having a positive relationship with money is central to stock market success. That includes respecting and appreciating money, but not being obsessed with money.
Adopting the investor mindset means seeing money as an asset that must be managed and put to work making more money.
Money offers four possibilities,
- 1Money can sit doing nothing while inflation erodes value
- 2Money can be spent, so it is gone, consumed on experiences or things
- 3Money can be saved, most likely earning less than inflation
- 4Money can be invested, to put it to work increasing values, earnings, and wealth
Superior investors put as much money as possible, to work, as soon as possible.
The most basic investor focus
A trained investor brain uses knowledge to manage costs, researches and uses good decision making skills while considering smart diversification to build investment wealth. Doing that means developing the knowledge and skills to manage the thoughts, feelings, and actions of a superior investor.
The most basic investor focus has three parts:
Maximum savings and minimum costs are core to the investor mindset. Both high savings and low costs make more money available to buy productive assets that build wealth.
With the power of building your investing knowledge and training your brain to become your most powerful investment ally, you grow and develop into a unique individual investor.
While there are many common investment facts and knowledge, the process of individual development means each unique person becomes their own superior investor. That adds power to what each person can use to work toward achieving their individual investment and wealth building goals.
Investment success builds on individual personal knowledge
Know yourself, build your investor mind and build investing success around the knowledge of who you are. That means gathering the knowledge to fill in any gaps in learning about markets and investing before you begin investing. Developing superior investor mindset takes a long-term view and works to develop a lifetime of investing success. The most successful investors do not get ahead of themselves by leaping into the market before they are ready.
The wealth building power of the investor brain
Stock markets are wealth building opportunities for knowledgeable investors! And better yet, you can learn to make stock markets wealth building tools that work for you. Using stock markets to build wealth will reward you well for taking the time and making the effort!
But investors do not need to walk alone. Investors can do well without an advisor when they know what they are doing. But to begin, a good advisor, willing to teach you, is very helpful and provides valuable knowledge.
Do it your way or seek guidance?
On the way to wealth building success, stock markets challenge investors. Challenges include coping with the ups, downs, and volatility of markets. Dealing with market dynamics and surprises are parts of investment management. Anyone not able or willing to do that has many excellent alternatives. For a cost, they can select from the many financial advisors available to manage a portfolio.
Many others are ready to manage their investments or able to learn how to do it well. A professional advisor can help get a new investor off to a good start. Then, as independent minded people learn, they can take more control of their account. That gives them the greatest opportunity to build a future of higher financial returns.
Whether using a professional financial advisor or doing it yourself, it is knowledgeable investors that get the best results. Knowing more about investing and stock markets benefits every investor. This includes the best clients of professional advisors. The best clients are often the most knowledgeable clients.
Market knowledge helps investors understand the ups and downs of market action. Investors keep calm and carry on building wealth over the long term.
First, learn, then do
Knowing little or nothing about an investment is dangerous for your wealth's financial future. Smart people don’t do that, they research or do their homework first before buying. They don't let someone talk them into a stock or any other investment before they know what they are getting into, and how to manage it well.
Achieving stock market success takes time, some effort, and consistency. Like other roads to success, this one does have bumps and setbacks. Some setbacks will seriously challenge you. But working in your favor is the long-term stock market trend. Markets trend higher over time. By becoming an investor, you begin building something with real and measurable progress that will grow in value.
Stock market investing success begins in your head but needs action to happen. Psychology, the state of your mind, and behavior play a huge role for investors. In addition to facts and skills, successful investors know, use and manage emotions. A successful investor with a mature psychological makeup is well on their way to success.
The social game of investing and life
Successful stock market investors see markets and investing as a great social game. And that game is part of participating in the game of life. By building and using an investor mind, you can make well-managed money part of your future in your game of life.
When well-managed, stock market investing produces money that can be used to establish independence and financial freedom. That gives the successful investor control of their time and future. When used well, it supports peace of mind, security, and comfort for the superior investor.
Lesson Takeaway:
Managing your investor mindset
Now you know:
Now, it’s your turn to apply the lesson:
Managing your investor mindset
Begin applying your new knowledge at your own pace. Taking the time you need to understand the lesson, helps you master the material. Then you can apply what you learned to take another step in your development as a superior investor. Have a prosperous day!
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Managing your investor mindset
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Brain-Train for Investment Success lessons
These Brain-Train for Investment Success lessons are from the White Top Investor 1st Guide - Developing Your Investor Mind that shares superior investor knowledge about developing an investor mind.
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