There is no doubt that people do not like risks and prefer safety and guarantee. Let me tell you a fact: all those who have achieved financial and material success agree that risk is the basis of success.
Human emotion plays a vital role in investment, choices, and good planning for investors. It can be an effective factor sometimes and can help the investor progress and succeed or a frustrating factor that wastes realized investment opportunities.
In this article, I would like to say some points from my experience on this point.
1. Personal bias. The investor must work on his personal bias toward investment, financial thought, financial management, money markets, and stocks and begin with self-education from experts and specialists in this field.
2. Patience One of the most important characteristics of a good investor is to have patience and deal with loss in a correct manner, through learning from mistakes, avoiding them, and working on weaknesses in order to avoid future losses.
3. Success and investment. All things require work and experience to see results and acquire skills and in the future.
4. It’s in God’s Plan Hard work pays off and when you work hard, with the aim of doing your best and learning, God will reward you.