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Sunday, October 10, 2010

4 Step System To Investing

4 Step System To Investing. Funny how we go through life every day not even realizing where our money really goes. Somebody great once said, you don't know what you got till its gone! But some how we seem to trade our time for money and then our money for stuff, and then start again.
Lets take for example that new 52 inch flat screen LED Television you got your eye on down at your local retailer, or maybe there is something else you've got your eye on that you want. What most people don't realize is that purchasing that TV is really losing your money. You will never get the money you paid for it, back out of that TV. Now later on down the road you may get some money for the TV, but definitely won't get it back. But society makes it so grand to spend your money on whatever is new.
So what's the answer? Knowledge; you need to learn where to put your money. (And its not in Mutual Funds, Mutual Funds is for lazy people, there I said it). What you you need to do is FOCUS! Focus on what you want to learn, pick something. Here it is The 4 Step System To Investing. Take stocks, or real estate, or gold, silver, oil, what ever it is, start right now studying. YES, I said it, and I'll say it again, thats your first step. Study just one topic, learn every thing you can about it. Then Step 2. Try It! Your gonna have to get your feet wet sooner or later, so choose sooner.
Then Step 3. Mess up. Just get in there and mess something up. Lose a little, its good for you don't go through life with out a single mistake on your record, you'll never get anywhere. Think about how you learned to ride a bike.
Step 4. Learn and Move On. Don't sit there when you mess up, and certainly don't give up. Try it again, and again, and again. Do it until you get it right, because the payoff is well worth it.
You can do it, one of the best ways to stay motivated is to try to improve your life with a self help book, or cd. Improve yourself, and by all means stop saying its just the economy. What did the economy ever do to you anyway. GET OVER IT! Move on. Stop making excuses, and change your life.
Go to work on the present!

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