From beginner to smart investment expert

The element of luck is only a part, most smart investment professionals always have a solid professional background and their own secret to success.

Do you want to become a famous investment expert like Warren Buffett, Benjamin Graham? So do you know what they do to be successful? Here's the secret to going from beginner to expert in investing. Navigos Search recommends doing all of these things to succeed in this profession!

1. Select relevant training majors

Being well-trained in related majors is a solid foundation for you to enter the profession easily. As a financial investment specialist, you should choose to study at a university with a major in Economics, Banking and Finance or other related majors. After graduation, join jobs related to financial investment to gain more practical experience and make a better impression on employers.

What is a financial expert?

2. In-depth knowledge and understanding of the law on investment and finance

To increase your chances of becoming a smart financial investment expert, continue to improve your professional skills by taking courses to earn relevant certifications such as CFA, ACCA, CPA, CMA, CAIA , CFP,... Only then will you truly have in-depth knowledge and understanding of the law on financial investment. Surely now you have become a good candidate compared to a series of other applications.

The financial situation of enterprises is always influenced by macroeconomic and market conditions at that time, so it is necessary for financial experts to have knowledge of economics, financial markets, reading and reasoning. Proficient in solving macroeconomic indicators,...

In addition, the person doing this job needs to be knowledgeable in many different fields such as human resources, production, marketing, business, ... to apply in analyzing the steps of competitors in a timely manner. most accurate way.

See also: How to impress a financial investment employer

3. Build a good database

A difficulty in financial investment is to have standards of reliable information as a basis for comparison, determining whether it is an opportunity or not. Therefore, it is necessary to develop clear targets and the ability to see the financial situation of enterprises in the same industry. Thereby, you will know clearly which companies are doing well and which are not good to make accurate financial investment judgments for the business.

4. Sharpen your skills in reading and analyzing financial statements

What if the investment professional does not regularly read and assess the financial condition of the business? Inevitably, that person will lose his financial analysis sensibility and fall behind in the profession. That is also the reason why you must constantly read books, research knowledge, read and understand financial statements of many different industries to know future prospects and plan solutions for your business. Remember, analysis is not simply analysis, but analysis must have a purpose, helping to improve the financial position and market position of the business.

5. Having a clear investment form and strategy

There are many different forms of investment and not all are suitable for the individual or business you are working for. Therefore, before making a financial investment, you should learn and analyze the advantages and disadvantages of each form of investment to choose the safest and most suitable form. Then develop a clear short-term, long-term investment strategy.

6. Prepare an exit plan

Will the future fail or succeed? This is very unpredictable, especially in the financial investment field, so you always have to prepare an exit plan when facing risks, failures and even the best-case scenario. When you have this plan, you seem to have a solid foundation for all cases and can freely explore other investment directions without being too afraid of failure.

7. Be patient and manage your emotions well

Smart investors are patient and manage their emotions well. Once you've worked out an investment, you have to be prepared to wait to make sure it comes to fruition. In the process of waiting, whether the investment plan is going in the right direction or wrong, you also need to calm down and manage your emotions well to make an objective judgment and adjust the most accurate investment plan. maybe. 

Warren Buffett - The famous American investor said that “Opportunities do not come often. When the golden rain falls, take out a bucket to catch it, not build a dike to block it.” So again, be very patient and control your personal emotions to seize the investment opportunity and prove yourself as a great investor.

The investment field is not suitable for people who are dominated by personal emotions

8. Continue to improve expertise, gain more experience

Regardless of the profession, it requires you to make continuous efforts to study and improve your expertise. Especially in the field of investment, when the financial, economic, and securities markets are constantly changing, the more you have to try.

Regularly update domestic and international financial and economic situation to predict investment trends as accurately as possible. Each investment, whether failed or successful, still brings valuable practical experience to you. Combining professional development and solid experience, it is certainly possible to become a famous investment expert.

At the job directory of Navigossearch.com - there are many job openings in the financial industry and many other attractive middle and high-level positions. Visit now to choose a job that matches your professional capacity, years of experience and skills.

Don't forget to follow Navigos Search's Linkedin and Facebook pages so you don't miss any market information, useful HR articles, career enhancements, etc. 

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