How Can You Find The Investment That Is Right for You?
Inspired By CEO ·
The normal standard answer is that it comes in with the following steps:
- Take your time. Think quietly about your life up to this point. Take days to think quietly. Take weeks if you need to.
- Ask yourself in these moments of quiet, “What do I want from this gift called my life?”
- Don’t talk to anyone else for a while; at least until you are certain you know what you think you want. All too often, people either innocently or aggressively want to impose what they want for you instead of what you want for yourself.The biggest killers of deep inner dreams are your friends and family members who say, “Oh don’t be silly,” or “You can’t do that,” or “What about me? Read more
Why Investing Is Confusing??
Inspired By CEO ·
First of all, investing means different things to different people. That is why it seems so confusing? What most people call investing is not really investing? People are all talking about different things yet they often think they are talking about the same thing.
No One Is an Expert at Everything
Investing means different things to different people. There is no one person who can possibly be an expert at the entire subject. There are many different investment products and many different investment procedures.
Everyone Has a Bias
A person who is good at stocks will say, “Stocks are your best investment.” A person who loves real estate will say, “Real estate is the basis of all wealth.” Someone who hates gold will say, “Gold is an obsolete commodity.”
Then you add procedure bias and you really become confused. Some people say ‘Diversify. Don’t put all your eggs in one basket,” and still others such as Warren Buffet, America’s greatest investor, says, “Don’t diversify. Put all your eggs in one basket and watch that basket closely.”
All of this personal bias from so-called experts adds to the confusion that shrouds the subject of investing. Read more
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