Read? Bacon and eggs - difference between committed and involved
SMOL asked:
Can you see the difference between being committed and involved?
The pig is committed, while the hen is involved.
Do you see parallels between the above story and you?
1) Your relationship?
2) Your business partner?
3) Your work place?
4) Your investing/trading journey?
In investing, how many retail investors are involved with their investing by getting their hands dirty and sometime bloody. Often, most retail investors forget that in the stock market there is no place for newbies and amateurs. Once you are in the market, you are expected to play like a pro.
I observe that even young retail investors in their 20s and 30s are likely to be involved rather than committed to their investing as they seen to have soft investing goals like receiving dividends and fighting inflation.
In your investing journey, you must get involved by getting your hands dirty and get committed to your harder long-term investing goals. But, at first, you may want to be more realistic by setting flat goals for the initial years and setting progressive goals over the later years.
So Get Involved and Get Committed too!
A Chasing Sunsets Fund – A Better Way to Plan Nice-to-Haves in Financial
Independence.
-
One of the spending needs that many of you would consider as part of the
income needs for your financial independence (FI) or FIRE, is to have
enough mon...
10 months ago