Part 1: Empty your Cup or Why the heck most people are terrible at Investing? And how to put an end to it
1.6 Stop looking for convenient solutions that don’t work
Do you know what is the opposite of right? Wrong obviously. Wrong, it’s Convenient. The reason most people don’t do what is right for them, is because they fall for what’s convenient. Nobody chooses to do what they think is wrong. But when investing, convenient is wrong for you and you pay a huge price for it.
Once you know what you want to achieve through your investing, you get down to figuring out how to do it. The human mind will first search for the easiest way of doing it and if that’s not possible the least inconvenient way of doing it. And yes, you too are human about this. But, there’s a lot at stake and I am sure you want to ensure success. The trouble is do you know how the heck to do that?
Let me help you experience the investing journey better through an example.
Let’s say you are required to go on a long journey and quite a bit of it is through difficult and dangerous terrain -jungles, deserts, mountain and sometimes the weather will be unpredictably rough. Unfortunately, there are no commercial flights to your...........Read More
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