Gaining a pulse on the Stock Market

When I was 15 years old, my Father died, and I inherited a lot of stocks. It was my turning point where I needed to learn about the stock market. For a 15-year-old girl, learning the stock market was impossible! But thankfully, I had mentors who were patient and understanding. They treated me as equal to them. Even as a 15 years old, they taught me tips and tricks on investing in the Stock Market.

My grandfather was one of the most important people who helped me in investing. He is the reason why I have the guts to become an entrepreneur. It was such a great experience learning from him.

Talking about the market, how people are spending money, how people are feeling are the ways you can understand business strategies. When I was ready to invest, my broker asked me, "What market sectors or industries are you interested in?" I told him I was interested in fashion and beauty, and he sent me a lot of stock so I could get an idea of what was going on in the market.

He began teaching me this process by entering the market at a level where I could understand it. He was open to this style of investing. That's how I approach my business practices and all of my investments; it shaped how I approach money and shaped me as a person.

The more we experience setbacks, the more we think about what we enjoy watching, what we want to invest our time in, and what that return looks like for us. You'll know if it's worth your time based on how much fun you had testing it out. As you are aware, things can go wrong when people express their views on the company in which you wish to invest. Then you get the idea to read about the company, their branding, their company culture, and how that might play out in the market.

When we begin to understand the market and how people work affects the market by understanding human behavior, we can ultimately see where the economy is going. Something is shifting in the market that we need to be aware of. This holistic type of approach to business gives you a broad overview of why you do what you do, why that investment is worth your time.

As you see these shifts, as you see people changing, as you see yourself changing, lean into those thoughts. Since I was a little girl, my mother has told me that you can always tell when a relationship is going to work out or when a client is going to sign a contract. When you follow your gut and lean into your intuition, you know what's going to happen next and your capabilities. All of this intuition and thought process can be triggered by events of action, and it also occurs in investment. You take action to avoid messing up things. You choose what interests you, and this will pay off in the future. Nobody knows what will happen next in the stock market, but if it is rewarding, you know what you are doing.

Want to go more in-depth about this topic? Listen to the full episode here.