Achieving financial success would be awesome if there weren’t any risks involved. Unfortunately, there are many risks that can be hazardous to our future financial success.
Let’s admit it - emotions guide our lives, either positively or negatively. Having a negative emotion doesn’t necessarily mean bad though. We need negative emotions to balance with our positive ones.
We all want our returns quickly. We all want to earn money as soon as possible. We all want to find a get-rich-quick scheme. Having so many distractions, it’s no wonder that most investors fail to manage their investment portfolios.
Only a couple of years ago, I had no clue what personal development was. In fact, I had not even heard about it. I used to do things that made me happy at that moment, irrespective of its consequences later on.
Creating your investment portfolio for the long term doesn’t sound that hard, does it? Except for the fact that most investors fail to do so. They lack self-discipline and patience to invest successfully in the long run.
Many people are still locked inside their homes due to coronavirus pandemic. We’re finding it increasingly difficult to motivate ourselves. Our mental health has taken a toll. We are suffering from depression, overweight, oversleeping, and the list keeps ongoing.