The Sure Word for Today's quotation for the week:
God Has Enlarged My Steps.
The Investment Mindset — Part 6.
Cast thy bread upon the waters: for thou shalt find it after many days.
Ecclesiastes 11:1 (KJV).
The word volatility is the degree of variation of a trading price series over time. The school of investment advises you to make volatility your companion. History reveals that investing during periods of market volatility can be awkward and challenging in a short period but rewarding over time.
Studies in behaviour suggest that the fear of loss influences most investors more than the hope of gain. As a result, numerous investors tend to sit down on the sidelines during market gyrations or even exit their investments during market sell-offs. History shows that investing during periods of market volatility can be rewarding for long term investors.
The significant excuse given by people who wouldn’t want to invest is the lack of money as their problem. But is that the case? For someone with an investment mindset, no amount is too small or too big. A lack of money is never, ever, forever a problem. The fact you lack money is a symptom of something else underneath. The lack of money is the effect, the fruit and not the root. The only way to change what is outward is to alter your inward being. The results you are getting, be it rich, poor, good, bad, positive, or negative, reflect your inner being, which is the root. If things are not going well in your physical life, it is a manifestation of things that happen in your inner being. It’s that simple.
You can only be able to manage money when you have succeeded in managing your mind. Whatever type or kind of investment you want to embark on, your mindset plays a vital role. To gain success, you need to think like a successful person. Without the right mindset, it will be difficult for you to become an investor. It is not by force. But if you think you need to be an investor, then you must develop your mindset. Investing in yourself is the best kind of investment you must start.
Never stop learning. Learn everything you can about how economics works. Learn new skills. If you have an interest in it, learn everything you can about it. Start developing the habit of learning continuously.
All Scripture quotations are taken from the King James Version of the HOLY BIBLE unless otherwise indicated.
‘The Sure Word for Today’ is a publication of ‘The Sure Foundation Transcend Ministries,’ registered in the United Kingdom.
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