In fact, a lot of people are hurting because of the happenings in our stock stock and many are afraid to invest in the stock market for the future. But some who are smart are not afraid for the future.
They just plan well. Today, their researching, planning and attending a seminar and reading about the stock market much paid them a price.
But back to the Nigerians that were wiped off by the down market or those who were despairing over their stock portfolio during the Jonathan presidential administration and the Buhari presidential administration are now happy because of the recovery in the stock market during the Tinubu presidential administration in Nigeria. It is a sign of great recovery in the stock market.
However, may be you ask the question: "How can one beat the stock market?" Let me tell you the truth that you don't need to beat the market to become a successful investor.
This was the position of a variety of experts and savvy investors we brought their views to you to learn how we could succeed in the coming year without falling victim to the boom/burst situations in the future
10 Commandments To Do If You Want to Beat The Market
There are 10 commandments you should follow if you want to successfully beat the market
1. Get Education
To beat the market and be a winner is vital to get financial intelligence or become aware of the things that matter in the business world.
2. Seek Advice Of Financial Experts
No matter how well you think you know about investment, it is always advisable to ask the views of financial experts. These are the men and women whose job it is day after day to monitor investments.
3. Tap Into The Power Of Compounding
Every naira that enter your life is meant to be managed effectively. Save and invest at least 10% of these naira notes among best sectors for underprice for future great dividends or future appreciation.
4. Don't Put All Your Eggs In One Basket
If you want to achieve maximum returns with the minimum of risk, then you should diversify your investment among strong equities in different sectors from banking, agriculture, building, food and beverage, conglomerates, petroleum marketing, health care, telecom, breweries for numbers, not more than 15 stocks
5. Set Goals Against What Is Possible
Always set a goal for each of your investment moves against what is possible when one invest in that particular instruments. For instance, if you want to invest in a money market instrument, you should know that the investment rate you can gain is fixed.
6. Take Responsibility. Don't Give Up
Some investors who are new to the capital market and have seen their stock(s) values wiped out in a matter of weeks are probably saying, come 2018 that they will not invest again..
Some may even be blaming friends and colleagues for sweet talking them into the sector. But this is not the time to give up and fix blames, but the time to take charge and responsibility.
The opportunity is there for you to learn and improve your strategies so that you can become a better investor.
7. Insurance Is Good For You
In order to mitigate risks, it is good to embrace insurance. That things will turn out good is not enough excuse not to embrace insurance.
8. Boost Your Income
You can boost your income by developing multiple streams of income. If this happens, it will free up more funds for you to invest. It is not enough that you have only one pay or salary. You need to look for more streams of income to fund your investment in the strong downtrended equities or some strong assets.
9. Always Keep Some Quantities Of Cash
Financial experts have maintaimed that no matter what happens that, it is advisable for every investor to keep some cash which he or she could access in times of difficulty. This is good for times to come when you may find it difficult to off load your investment in order to solve pressing problems.
10. Watch Your Debts And Loans
In these days of credit cards, one can get into debts enjoying himself or herself. So, the best approach is to watch out and pay for what you consume as and at when due.
Besides, the banks are out there on the TV and newspapers bombarding you with consumer loans.
It may look good to buy the best autos and have you in order to keep up with the Jones. Beware that those who eat their future never enjoy the future.
Final Thoughts
This article is what we summarize out we brought out to you from the views of financial experts. But if you can beat the market through 10 commandments mentioned to you earlier, you can beat the global economic downtime or downturn.
Is It Possible To Beat The Market ?
Yes. You can beat the market only if you master principled and rudiments of the (Nigerian) stock market. With your researching, your investment goals, your strong funds, your wise planning, your consistent readings on news, or your attendance on seminar, you can beat the market. Through this, you can win the market.
Can You Beat The Stock Market Game?
Yes. We can beat the stock market game because we know the rules. Those smart investors who best the stock market know the rules well. He who knows the rules of game does well in the market no matter what happens in the global economy or no matter how risky the stock market may be
Every trade has its own rules. If you fail to understand or apply the rules, you can not win the game. The stock market likes a game. You must know the rules first before you enter the world of the market game.
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