Investing is more than just looking for a quick return.
Of course, who doesn’t want that? But unless you are a mayfly who has a lifespan of only less than 24 hours, you might want to rethink your wealth-growing strategy. You see, you are not in a rush. You have a relatively much longer lifespan than the other creatures on earth and if you just want to hop around, always looking for quick gains, I’m afraid that over time, you will find yourself losing more than you gain. After all, Warren Buffett once famously said, “You can’t produce a baby in one month by getting nine women pregnant.”
There is just so much to learn from investing. Obviously, the thing that most investors are interested in is how much have their investments (hopefully) grown? But there is more to just that. And all the lessons can be applied to other aspects of our lives, like in our path to success in our career, relationship, and business.
People tend to think that investing is seeing the prices in a constant state of fluctuation, always going up and down, like the Space Mountain roller-coaster ride at Disneyland. But once you are in the game long enough, you will realize that it is normal. And most of the time, there’s really nothing much for you to do or worry about.
Should you buy? Should you sell? Or should you just continue to hold? These are the three questions that all investors will have to contemplate from time to time about during their investing career. Successful people are always counted upon to make tough decisions when needed.
Actions More Than Words
When you invest, you put your money where your mouth is. This is an important attribute of successful people. Average people are easy to spot. They always talk a lot but have little to show. On the other hand, successful people always do more, which is why they are always rewarded with the kind of achievements that average people are always dreaming about.
When you invest, you open yourself up to opportunities. That unit suddenly sells at just a fraction of its market price. Or that great stock that just had a dip in its share price. Of course, how viable they really are will require more analysis from you but these are the kinds of opportunities that you will start seeing once you begin to invest. Successful people are always in environments that allow them to take advantage of all these opportunities, while unsuccessful people continue to bemoan about “the rich getting richer” or how unlucky they are to have “just missed the boat.”
When you start to invest, you will see things that non-investors don’t. You will begin to commit to your success and the universe is always more than happy to reward such people.
Do you invest? If not, what’s holding you back?