Aug
27Do you have investor anxiety? What’s a person to do?
Watch, listen, take the quiz and read!
Aug
27Do you have investor anxiety? What’s a person to do?
Watch, listen, take the quiz and read!
Aug
26To be a successful investor you must find a way to eliminate ego from the process.
Ego can make you slow to accept that they way you invested in the past was imprudent and/or wrong.
This makes it nearly impossible to adopt a new and better way.
Every Imprudent Action Requires A Necessary Lie!
A necessary lie is a rationalization to justify self-destructive behavior. Some examples:
“I will start my diet tomorrow…so I will pig out today.”
“One drink won’t hurt…so I will have just one more.”
“I’ll just gamble until I get even…So I will let it ride.”
“This time I really do know what the market is going to do…so it’s all right to speculate with my money.”
To your investing success!
To learn more, download my Investor Awareness Guide for FREE right from my website.
Aug
23Extraordinary benefits accrue to the tiny minority of people who are able to push just a tiny bit longer than most.
Extraordinary benefits also accrue to the tiny majority to quit early and refocus their efforts on something new.
In both cases, it’s about being the best in the world. About getting through the hard stuff and coming out on the other side.
Quit the wrong stuff. Stick with the right stuff. Have the guts to do one or the other.
When it comes to your money and investing, the majority of people quit too early and don’t stick with the right stuff.
If you want to create greater value with your investing dollar, have the guts to leave the bad stuff and have the guts to stick with the right stuff.
This is the scarcity you need to get the value you deserve!
To know which is right and wrong “stuff” download my Investor Awareness Guide and take the 20 Must-Answer Question quiz before your next investing decision…
(Download the Awareness Guide right on my website on the right-hand side)
Aug
19For your investing peace of mind, did you know it’s better for you to watch reruns of I Love Lucy instead of stock market reports?
My advice for you: Don’t listen to the latest S&P update on the radio and avoid the temptation to frequently check your portfolio on the internet.
Why? These short-term driven impulses will drive you crazy and destroy your peace of mind. They will cause you unnecessary anxiety when you should relax.
Trust your mix of assets and let time and diversification work for you, not against you.
Here’s a tip: Owning a lot of “stuff” does not guarantee prudent diversification. If you don’t know if you diversified properly, then you should seek a second opinion to find out.
These media stimuli can easily trigger buying and selling that is imprudent and self-destructive.
To learn more, download a FREE copy of my Investor Awareness Guide right from my website: www.thefinancialcoachinggroup.com
To your investing success!