11 Simple Investment Tips To Increase Your Investment Success

Many have made wealth building one of their resolutions for the New Year, and for good reason, the stock market is in the midst of one of the best starts in history. There is certainly much excitement surrounding the stock market right now, and if you are invested you are probably also feeling good that you are making money due to the market moving to the upside. As any experienced investor knows, times like these can change quickly. Tell me, will you be ready if and when the market begins to fall or when the market feels like a roller coaster ride begins again? It may begin later than sooner but you’d be wise to start right now in planning with a watchful eye so you are prepared to take action when the ride becomes bumpy.

To be ahead of any change in the market you want to keep a level head. When challenging times arrive it’s important to your success to learn how to manage your emotions within the ebb and flow of investing. It’s only natural to become excited about the current state of the market but a wise investor knows that wealth and well-being go together. If you adopt this mindset throughout your wealth journey you will be more than ready for any adversity when challenging times occur. Staying calm with a spirit of balance can help you overcome any situation because you are approaching the ups and downs calmly and with a positive attitude instead of the feeling of anxiousness or overwhelmed by circumstances you have no control over. Keeping your emotional self together in a calm manner can make all the difference when seeking to make intelligent investment decisions.

Wouldn’t you like to feel great and to live a life without fear and anxiety? Emotions range from one end of the spectrum to the other and it’s quite easy to get lost in them if you aren’t aware of how yours impact your life. New Year’s resolutions are wonderful but taking care of mental and emotional health is important every day of the year. Building your wealth will require a systematic approach. What I’ve done within my own journey is to add a simple checklist in different areas of my life to help raise my awareness for what changes I need to make so that I continue improving when those anxious moments creep in. I’ve found just in the past few weeks that these moments have become shorter and shorter and the list has actually helped me increase my life balance and inner peace faster.

There are other steps you can take that will help you in gaining more inner peace you are seeking. You can also feel better by including daily rituals into your life. I have daily rituals I follow, such as journaling, working out, and listening to music.  So, how do you start?  Picture your ideal self, and then break down the steps needed to get from where you are now to that ideal person you picture. You want to stay realistic and create a plan that will help push through each step and through days of overwhelm without stress. Don’t make things more complicated than they need to be or you may find yourself not sticking with your plan. You want to approach each of your goals in a manner that will empower you.

When it comes to your wealth journey, you will want to view your finances in a way that doesn’t cause stress or anxiety and will allow you to map out a plan that works with your vision not against it. If you approach your plan in this manner you will place yourself in a position of strength and become able to make difficult decisions easier; which, in turn, will increase your ability to handle any change within the investment climate in a calm strategic manner thus moving even closer to your investment goals. This ideal may seem out of reach at times but stick with it. A well thought out investment plan along with good investment habits and a strong money mindset will be the tools you need in order to meet challenges without stress, frustration, and overwhelm. The feeling of more inner peace will be well worth all of your effort.

Nothing is beyond your reach when learning to shift your money mindset. First, learn to focus on what makes you feel good and help keep your spirits up for doing so will keep you from feeling uncomfortable or confused. When you are relaxed and confident you are in the flow and can’t help but feel good especially when you remember that you can accomplish anything you set your mind to.

I thought it would be good to share some of my thoughts and a few investment tips on how to handle a stormy stock market environment when large up and down swings so you can keep avoiding that feeling of being out of balance.

A great place to start is to become informed about your investments. Where do you get your financial updates? Are you confident that your current investment strategy will do well when the stock market is not rising?  By reviewing your portfolio now, you can be more comfortable with your investment holdings and avoid unnecessary stress. Now is not the time to walk away and hide. Now is the time to take a sincere interest in what is happening so you can make informed decisions about what needs to change.

If you oversee your own investments then you want to have an investment strategy in place that will meet your needs over time. Begin with a diversified portfolio that suits your needs within a time frame that will help you meet your goals and objectives.

A good investment strategy also starts with a clearly defined objective. Your strategy needs to be flexible and allows you the ability to exit quickly in order to reduce your exposure if the stock market starts to fall.  Lock in some of your profits. You never go broke taking a profit.

You also could seek the personalized advice of an investment professional to answer your specific questions one-on-one.  What is the review process that you have in place for your investment portfolio?  Do you have a strategy to manage risk? You can review your portfolio or have a professional do this for you.  Simple changes in your current portfolio can help you cut your risk and increase the potential return.

Below are some investment tips to start you on the right path for building wealth.

11 Simple Investment Tips To Increase Your Investment Success

1. Be willing to invest in you for your well-being and inner peace. Work on you as part of your everyday life and reap the benefits.
2. Track your investments to see how they are performing on your phone or the internet. One of my favorite free resources is Yahoo (yahoo.com). If you have an iPhone download the application “Stocks”. You can follow the market activity easily, your favorite ETFs, stocks and mutual funds to see how much they are rising or falling.
3. Diversify your investments that include a broad mix of stocks and bonds. As you grow older it’s a good idea to move your assets into less-risky investments. A quick rule of thumb is to have an allocation to bonds that is equal to your age.
4. Don’t let one investment make or break your investment account. Something you didn’t expect could occur at any time.
5. Make your investment decisions with the current trend of the market. Your risk is larger when you go against the trend. If you do, don’t marry your investment. Get in and get out quickly.
6. Have a flexible portfolio that is liquid. Keep your entire portfolio in mind when making changes in your investment portfolio.
7. Manage Your Risk. Know in advance how much risk that you are willing to take.
8. Have a plan to protect your winning investments. With a simple exit strategy of raising your exit point as your stock moves higher, you will let your profits run.
9. Avoid big losses to achieve consistent gains.  Cut your losses quickly so they don’t get out of control. Make it a priority to protect your investments before they move too far against you.
10. Don’t get into the mentality of not wanting to take a loss. It takes 100% profit to cover a 50% loss.
11. Review your investment portfolio to see if any individual stock, an exchange-traded fund (ETF), or bond position exceeds 5% of your overall portfolio. If it’s not performing, or it’s too volatile consider reducing at least part of your investment.

Start using just a few of these tips now, and see how your perception about money starts to change. Make it a practice to spend some time watching your money so that you will be prepared for changes that occur and you are ready for potential decisions that may arise so you are able to make those informed decisions with a calm spirit. Even small changes in your portfolio can have a positive impact. When you take care of your inner well-being your ability to handle the ups and downs of the market will become easier over time. Changes don’t have to be all at once and can easily be broken down into even smaller tasks over time. If you find that you are still feeling a bit unsure of your path to wealth, remember you can step away and get some help to guide you through the process. Stop hiding or avoiding talking about money. You don’t have to feel stressed or overwhelmed by it, you truly can build your wealth with confidence and inner peace.  Decide today that NOW is the time to feel good about money. I’m here to help you on your journey to wealth.

If you like this article you will love my free ebook Grow Your Wealth and Well-Being.

Bonnie S. Gortler

Bonnie Gortler, Consultant, Coach, and Author specializing in Wealth and Well-Being, is a successful stock market expert who has been instrumental in managing multi-million-dollar client portfolios within a top-rated investment firm during her over 35-year corporate career. As the author of “Journey to Wealth,” Bonnie has made it her mission to share the importance of risk management and how to enjoy real financial well-being by applying the technical and mental sides of investing. Bonnie has an M.B.A. and is a certified life coach. It is through her love of coaching, consulting, blogging, and social media that she creates change in the lives of many and inspires people from around the world. Bonnie is fully committed to your personal growth and development as she shares her winning spirit and powerful techniques with you. Visit BonnieGortler.com to gain tips and insights about investing, personal development, and inspiration through her articles on Wealth and Well-Being.
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