Prepare for the Plunge.
“If you do not know how to care for money, money will stay away from you.” – Robert Kiyosaki.
Investors love the idea of thinking big. Everybody dreams of making that one investment that takes their wealth into the stratosphere. That big idea is an elusive one for most investors. So, your investing should be structured to overcome this risk. Investors need to understand that big thinking should translate into numerous sensible small actions. Breaking down a big idea into smaller doable parts is the essence of investment success. Investing will work very well when we normalize the risk. Investors must focus upon mobilizing capital, making smart choices and disciplined deployment of capital. A prepared investor would be better placed to making a number of smaller decisions that deliver big. The route to deliver big is through concerted actions.
Investment strategy: Get your capital ready for investment hour.