Sunday, 29 April 2018
How we view our investment portfolio's dividend income will shape our approach to fill up or refill this glass to full state?
When we view the current state of our investment glass as half empty; and that could mean we had previously held a full glass and now we see it as half emptyi.e. we had went from empty glass to full glass and now at half empty glass.
We knew that previously we have the resources and means to fill up this glass to full state; we may still have those resources and means on hand to refill the half empty glass to full glass.
Do we still need to consider additional resources and mean e.g. leveraging to refill this glass to full state since we have previously done it before with those resources and means?
It may not be the same view as someone is seeing the glass as half full as he or she may have come from empty glass to half-full glass and want to fill up this glass quickly. They have to consider additional resources and mean to help them to power up. One way is to leveraging!
From Jan 2000 to 2007; Uncle8888 has been viewing his investment glass as half empty even though it was nearly full and kept chasing to fill it up.
Read? My War Room (7) - The Last Mile
But; now he is viewing his glass as half empty and cautiously looking to refill it to full glass!
When we see our investment glass as half empty; we will be happy if the glass doesn't go empty! Right?
This is Mind part of 3M's - Method, Mind and Money Management!