When you’re young, and you’re looking to make money, you have a few options at your disposal. If you’re a student, you can work at a summer job and deposit that cash into a savings account. This will often be someone’s first encounter with investing, and it can get addictive from that point on.
Some people will try to argue that making investments is too risky, and that’s how you know that they haven’t the first clue about what investing your money truly entails. There are plenty of low-risk investments that can still pay off excellent dividends, but making the most of your money is simply a matter of making the most of the information at your disposal.
Mason Soiza has long embodied the philosophy of using all of the tools at your disposal to make the most of your investments, and in this article, we’re going to examine how he has done so. Keep in mind that being a successful portfolio builder requires experience and instinct as well as the right info, and Mason Soiza has proven that he has all three.
What is a Portfolio and What is Portfolio Building?
Before we get into the details of how Mason Soiza’s portfolio building strategy led to his immensely successful investments, let’s lay out the groundwork. For our readers who aren’t familiar with investing terminology, a portfolio is essentially the combination of all of your investments in all forms.
When you get started investing, your portfolio is a clean slate, and you have to take the time to build it up intelligently, making smart investments and waiting to take calculated risks. This is essentially the process of portfolio building, and it can set you up to make the right investments in the long run.
Unfortunately, many first-time investors are bewildered by all of their options, and portfolio building can often be a challenge. Keep in mind that everyone has different preferences when building their portfolios, as the amount of capital that you have to work with can determine your risk tolerance.
People are always looking for guidance when it comes to building up their investment portfolios, and Mason Soiza has seen an excellent opportunity to share some of his insights. Let’s take a look at how Mr. Soiza has established himself as one of the premier portfolio builders of his generation.
Mason Soiza: Who is He?
At the age of only 24 years old, Mason Soiza has made quite a name for himself as an SEO tycoon and a renowned poker player in his spare time. Mr. Soiza is often the first to compare his poker tactics to his investment technique, which involves cool, calculated risk, and it seems to be working well for him so far.
As a tech entrepreneur, Mason Soiza made his name in the world as a force to be reckoned with, but his investments are what keeps him at the head of the pack. Mr. Soiza often jokes that getting rich is the easy part and that staying rich is where the difficulty lies, but he seems to have done okay for himself.
The Soiza Strategy
Mason Soiza used both technology and the internet to the best of his abilities while building up his own portfolio, and the results speak for themselves. Instead of blindly following the advice of others, Mr. Soiza took the time to study all of his investments on his own time, combining online and in-person research.
As we mentioned before, Mason Soiza is also no stranger to taking risks, but he warns not to take too many of them. Mr. Soiza has stated that the number-one mistake that young, hot-headed investors make is that they get too cocky once one of their risks has paid off.
Keeping your cool is key, argues Soiza, and once you have built up your portfolio with a series of sound investments, you will gain the needed confidence. Mr. Soiza mentions that this technique can be used to make the most out of your investments because it can be scaled to match your own level of risk tolerance.