Many newbies or virgin retail investors will go around asking: "What to invest?" Probably, that might be the reason why they didn't learn much after some years and still virgin.
Even when they attended educational investment seminar (not those previews to paid investment/trading course), they also tend to ask "What to invest?"
Next time, try asking "How to invest?" and that may change your way of thinking on investing.
You may need to bring along a notebook and a pen to jot down pointers for more thinking. Ask "How" instead of "What".
When you ask "How to invest?". It may trigger the reverse engineering way of investing by focusing from your investing end goals and working backwards to find out your investing strategy and plans to meet your investing goals at XX years down the road.
You will set yourself thinking on 3Ms on investing - Method, Mind and Money Management and not just Method. (What?)
Try asking "How to invest?" next time when you need to ask.
Long-term investing is more than just knowing what to invest.
The above is not applicable for Grasshoppers. Happy. Go lucky. Why bother about investing? Right!
CW,
ReplyDeleteYou left a hole so big I can drive a truck through!
You mean Ants are not happy and unlucky?
So that's why they invest so as not to become ants?
Hmm, reminds me of that story between an investment banker and the lazy fisherman on the wharf...
LOL!
The difference between lazy fisherman and investment banker is the way they do their fishing. Lazy fisherman on the wharf. Investment banker on his/her yacht anchors near the wharf.
Delete