Tribuna - Marzo 2020

Page 12

By: Phillip Grill,11° There are many different ways to be an investor. There are many different investment markets: the stock market, the bond market, and the commodities market. Although investments are never guaranteed, the markets can be an excellent avenue to increase your wealth, as long CU [QW JCXG C FKXGTUKſGF CUUGV RQTVHQNKQ 6JG New York Stock Exchange and the Bolsa in Colombia are examples of organizations that allow you to buy shares from different companies. There are also many ways to enter these markets; Ameritrade Mobile, Robin Hood, and Acorns are just a few examples of all the apps that pave the way to easy access to the investment market.

As said before, one doesn’t need to be an expert to enter the market. Whether you are 16, 45, or even 80 years old, it is never too late to start having investments. One example is Antonio’s mother. Antonio is a 13-year-old kid who studies at Colegio Bolivar whose mom invested 3 million pesos in the Bolsa in 2006 for him. Now, this money has multiplied by almost four, having a revenue of 8 million pesos after 13 years. Even though this doesn’t sound like much, it is. Over the course of time, money is multiplied by itself, creating a huge amount of money in a short period of time. Think about it; if you invest now, you might be a billionaire one day. Just remember to not touch that money! If you want to be more educated about the market to have more possibilities to become a wealthy and successful person, there are many ways you can be educated. There are three ways to become instructed on JQY VJG OCTMGV YQTMU 6JG ĹżTUV QPG KU VQ become a stock broker. A broker has to take certain steps to reach full knowledge, but surprisingly, it is optional for them to pursue a college degree (depending on VJG DTQMGTCIG ĹżTO QPG YCPVU VQ CRRN[ VQ $TQMGTU JCXG VQ ĹżPF C EQORCP[ CU C URQPsor in order to present the most appropriate 0#5& VGUV VJG VGUV VJCV UC[U KH [QWĹ?TG ĹżV QT PQV to be a broker). The most common NASD evaluation is the series 7 NASD test. An average test taker usually studies for about 7 months to have successful results. When the test is pasUGF QPG ECP YQTM HWNN VKOG CV C DTQMGTCIG ĹżTO by instructing people who don’t understand the

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17/03/20 9:52 a.m.


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