Everyone is an investor type
Starting off strong with a bold claim on how everyone is an investor, might seem like a sales trick…
Spoiler alert, it's not!
But nothing could be further from the truth. An investor is someone who takes a value and decides to dedicate this value for an unspecified amount of time. In other words, you are an investor already. You invest in your education, your job, your friends, your family, your home, and so on.
Investor types matter
Most people consider an investor the opposite of a life enjoyer. Someone who hoards all their money to lock away at a promise of having more of it, later on.
What if I told you, there is a simple balance to be struck. As with all things in life, too much of anything is a bad thing. If you are spending 95% of your money monthly, you will struggle to ensure a safety net. If you stack your money in a bank account, you will miss out on living in the moment.
Become a smart, informed investor type of person
But, if you are a smart investor, you set aside a comfortable percentage share of your monthly earnings/salary/other, to work for you. This can really be anything from 2% up to 50%, in order to keep a healthy and enjoyable present vs future balance. Moreover, it can be spent across a variety of investments. However, we will be focusing on financial investment in the market mostly.
What Investor type do I belong to?
As you transition into the simple concept that anyone is an investor, it becomes time to ask yourself the question: 'What kind of investor am I?'.
Don't worry, there is no pop quiz, nor is the answer black or white. In fact, being an investor is a fluid state where based on your interest, age & risk preference, your investment strategy & investment products inside of your investment portfolio will change.
Upcouncil has a fair few words on further investor types, should you be interested.