How are you going to call yourself investing when at the earliest sign of market turbulence, you run for the hills with your tail wrapped between your legs planning to never invest again?
You were never invested in the first place, my dude.
“But I just want to see my money grow” is not an investment strategy.
Grow to what? By when? In order to accomplish WHAT.
These are questions you need to ask yourself. As well as learning how to calculate a projected return on an investment.
Because if you dont? And most people dont.. Then you arent investing, but just “trying to see how much money you can make” before things fall apart. And they will.
And so will your life savings.
Dont be dumb. Investing is like marriage. Remember how during the vows you swore through thick and thin? Not just as long as her thick ass stayed thin?
Well just like a strong marriage has goals for that relationship, you need goals to act as a north star in your relationship with your money so you wont automatically sell when things get hard..
There can be no ‘investing’ without investment goals.
Learn more in my book BKF Investing School. www.bkfinvestingschool.com