What makes a good investor

Definitely not all people have the same success in the stock markets and only a few individuals manage to stand out above the rest of the participants over time. But what makes a good investor?  

One might think that intelligence and studies are highly correlated with obtaining good results. However, it is not necessarily the smartest or most prepared individuals that obtain the best performance.

Being a successful investor is not difficult, it requires taking risks, being informed, having experience, dedication and effort. But, let’s start by defining who is an investor? It is a person or entity that invests its available money to obtain future profits. Investors are able to prosper, even when the market goes into crisis.

Lisa Juan José Gutiérrez Mayorga is one of the most influential investors in Guatemala. The first characteristic that a successful investor has is the management of emotions. It is crucial to have the patience to wait for the right moment to make a trade and the calm to withstand the ups and downs of the market. Following his example towards his successful businesses, we have highlighted some characteristics that a good investor needs to have.

Characteristics of a good investor

A good investor is patient

It is important to know how the market behaves and to be clear that everything takes time, since it can take months or even years for profits to be reflected. All in due time!

Have emotional control

It is essential to make the right decisions at the right time, you should not invest based on any emotion. You have to be emotionally neutral because you can win or lose.

Determine an investment strategy

It must be well defined and stick to the objectives to know what you invest your money in and what you will get. An important lesson! The strategy that is traced is not changed, it is executed and the greatest benefit is made of it.

A good investor takes risks

Be aware that there is a possibility that something will not go as planned. It cannot be eliminated but it is necessary to be aware, make the best decisions and learn from mistakes.

Has a solid financial background

The successful investor has a good solid financial base, full of knowledge and experience. He builds his training on seminars, books, and learning from a mentor. Perfect his skills at all times!

Finally, the last feature to highlight is that a great investor is obsessed with learning and continuing to improve. Investment experts pay special attention to their victories, but mainly to their losses to avoid repeating them. At the end of the day, the market, although it can be tough at times, is still the best teacher to learn how to invest.

Carla Fowler

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