The common man splurges too much and doesn't think long term. The investor tries to make financial decisions based on increasing his money over the future.
Not all of them though.
There are a lot of people out there that is not even an investor but they know a lot of things they should do and not should do. To be honest, I don't even know what is the requirements or a classification of a person to achieve that kind of being an investor, can anyone explain that?
If you want to be a successful investor you need to know how to make your money work for you,not just you are working and making money.Got the difference?
I am asking what is the classification, not what an investor aims.
There are a lot of things an investor can be and they are not always running their money, they are also using their time, their knowledge, their experience to invest. A teacher can invest his or her knowledge to his or her students for their better future, a person can invest their time to know something out of reading or maybe listening to someone. There are a lot of investors we are talking that is why I am asking what kind of an investor we are talking since all of them can fit into one. Confusing? Yes.