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Did you know that you are losing potential gain every time that you delay your investing. This is what I regret in doing 10 years ago. I just started investing about 2 years ago, and I told myself that I should have done this the first time I had my salary. I had wasted lots of potential gains for the last 8 years buying unnecessary things that easily depreciate. I mean buying high tech mobile phones and Laptop including accessories. I have also paid lots of interest to the credit card company because I do not know how to handle my finances.
Some say that it’s not good to invest this year because the market is down, if you would like to ask me then I think it is a good time because after some time, market will definitely go up, then the shares that you bought low can be sold high which could turn into high profit.
It’s a matter of starting and studying. Whenever you started investing and study about it’s in and outs you will definitely make it a habit.
Investing is not only for rich people, it’s for wise people. Wise enough to think about the future. Actually most of the rich people have invested time studying the market and studying the pros and cons of the market. They read a lot of books.
For me, I would like to retire happy and do whatever the Lord wants me to do in His ministry.
Just a reminder don’t be too focus in richness because it will lead to greed. Always remember that the God controls everything. Either Market up or Market down our Lord does not change and so are you. Happy Investing.
I also committed the same mistake before. Although I started investing early, the amount I invested was minimal compared to my income. I spent most of my money on gadgets and my hobby. I spent a lot of my income on unnecessary expenses and didn’t realize the potential of the returns I could have gained had I invested the money I spent on those unecessary expenses. After the company I worked on closed down back in 2011 I realized my mistakes and invested all my separation pay. I learned to control myself from buying my wants and disciplined myself to invest regularly. I also dedicated a huge chunk of my income to investing. I made a study about what my financial status could have been right now had I invested all those expenses, I found out that I could have been half way to achieving my financial goals had I invested more back in 2007. I guess we just have to learn from our mistakes. It is better to start at this point on our lives than to never have started at all.
Parang ganito din experience ko – http://www.pinoyinvestmentguide.com/investing-is-not-easy-but-definitely-rewarding/334/
Thanks for sharing
“Just a reminder don’t be too focus in richness because it will lead to greed. Always remember that the God controls everything” I agree with you.
Don’t make stuff because you want to make money,it will never make you enough money.
Thanks Marie. Agree 100% – Don’t make stuff because you want to make money,it will never make you enough money.