The thin line between a successful investors and non-successful ones lies in fear of the unknown. How? Well, affluent investing gurus such as Warren Buffet, Richard Branson and many others all have one thing in common, that is; they are always willing to take risks by jumping at new opportunities that come their way. On the other hand, unsuccessful investors are usually afraid of making the jump at new investment opportunities just because they don’t know what is on the other side of the door.
As a man who has gained his monumental success in following in the steps of successful gurus, Ted Bauman recently shared several ideas on how regular investors can overcome their fear of the unknown and maximize on the much talked about ETF stocks. On an article published in the chronicle week, his first tip to investors is that they should overcome their fear of foreign investments. According to the seasoned investor, most businesspeople often view the US as the only prime destination for money-making hence overlooking other destinations that could bring them a lot of success. Having been a globe-trotter during his career, Mr. Bauman has been in over 90 countries and hence is fully aware of the investment potential that other countries hold.
View things from a different perspective
Even though he does not deny that the US boasts a lot of potential, Ted Bauman urges investors to view things from a different perspective. That is, even though it is a great place to invest in, they should consider other destinations as there is no telling which global markets will outdo the US in the future.
Overcoming the obstacles
While Ted advises investors to consider foreign markets, he does not forget to add that doing so will not be easy. As an investor with assets all over the world, he is fully aware of the challenges that lie ahead but still advises those seeking success to jump these hurdles as the opportunities that lie beyond the obstacles are far much better.
Who is Ted Bauman?
Ted Bauman is a renowned investment guru who currently serves as one of the senior members of Banyan Hill Publishing. Bauman has been in many countries in which he spent years offering consulting services and developing economies.