Investing is an art and also a science. You need to be well versed with all the facets and details that make an investment worthwhile, at the same time you need to keep up with the facts and figures to best understand the investment success. Everyone is investing in one capacity or another. Some invest wisely, some do it aggressively and there are few that opt to slide by doing the bare minimum. No matter what your investment strategy is, your ultimate goal is to build wealth and get rich.  

Why is it that some people are better at investing than others? Moreover we all want to understand what are the secrets of investing the ultra rich investors follow. Is it pure luck or is there one formula that fits all? Are these ultra rich people lucky to be born in money or with a Midas touch that brings them the money, coveted by one and all? 

There’s one thing that everyone has in common. It’s a choice. Whether you are born in money, acquired money or are on a growth trajectory, your choices result in consequences that define you and your lifestyle. Following a popularly asked question, we uncovered financial habits that separate the ultra rich investors from others. 

1. Dream Big, Work Hard, Invest Smart 

The first thing to achieving what you want is knowing you want it, believing it and working towards it. But that’s not all. You also need to make your money work equally hard for you. They choose to invest wisely and smartly. They diversify their portfolio and go global with their investment strategy, lowering the risk of relying on only one market for growth.  

2. Discipline is the unique differentiator 

Perseverance is the key that unlocks the pathway to success. Ultra rich investors don’t let bandwagon affect their ultimate goals. They always discipline their acts to meet their goals, unaffected by market sentiments. They don’t aim for perfection that leads to procrastination and eventually fear of failure. They value time more than anything and invest in rare opportunities, exposure to emerging markets to get higher returns and identifying demand-supply gaps.

3. Focus is what motivates their investment strategy

They are motivated by the end result. Focusing mainly on what they want, why they want it and how they can achieve it. They drive their financial decisions by envisioning what’s in for them as opposed to what’s being told or relying on biased advice. They invest their money into assets that mark a growth rate higher than the inflation. Apart from equities these also include properties, art, metals, and bonds. They are conservative with tax liabilities and invest in tax advantages where they can. Instead of looking to make quick bucks or get rich schemes, ultra rich investors focus on building long-term wealth. 

 4. You are the company you keep

One recipe for their success is the company they keep. They always hire smarter, experienced financial planners to advise them with instruments to match their financial roadmap. They invest in quality not just in their assets but also the company of people they keep. They understand and value the need to hire a reliable money manager to plan, grow and sustain their wealth.

 5. Retest your plans

It’s not rocket science but a very well known fact. Change is the only constant we all thrive on. With markets, economies and life changing by the minute, they keep a track of their finances and review them from time to time.