Tuesday 11 December 2012

Three Kinds of Investors

There are three types of investors in the world. They are:
  1. People who do not invest at all
  2. People who invest not to lose
  3. People who invest to win
People who do not invest at all expect their family, the company they work for or their government to take care of them once their working days are over.

People who invest not to lose generally invest in what they think are safe investments. This is the vast majority of investors. These people have the saver's mentality when it comes to investing.

People who invest to win are willing to study more, want more control and invest for higher returns.

Interestingly, all three investor types have the potential to become very rich, even those who expect someone else to take care of them. For example, the CEO of Exxon recently retired and was paid nearly half a billion dollars as a going-away present.

Donald and Robert both invest to win. This book is for you if you want to invest to win.

~ Excerpt from the book "Why We Want You to be Rich"

 

And so I'm reading it.  :)

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