#knowledge Archives | Dollar$ and Decisions

Pt.1-Personal Development Investing

Invest (verb) – To devote (one’s time, effort, or energy) to a particular undertaking with the expectation of a worthwhile result.

To invest in this is to bring reason, manifestation, and purpose to the first pillar of Learning. Development investing is the art of spending time with a newfound knowledge or skill in order to expand your cognitive activity and abilities.

The factual reality of this concept is that we all invest in our development daily in one direction or another. Throughout your day you invest to your betterment or your detriment depending upon the decisions you make. The choice is 100% in your hands. You as an individual may not truly grasp the power of influence that you contain and its origin from your initial investment as you move through the day.

Your life, outcomes, and results are a congruent reflection of how you invest in yourself and the types of environments you allow yourself to be part of. The statement that we hear of “Becoming what we are around” is very true for the majority of us because the human mind is naturally patterned to seek routine and stability as well as conforming to the subconscious influence of societal norms. That means the things our parents tell us “go to school (do good), graduate, get a good job” is the regularly followed path and so we tend to flock around people that are doing the same thing and that is what you invest in.

If parents and influential people had continued to nurture and encourage the same message from childhood into adulthood; that “you can be ANYTHING you want” I believe that the entrepreneurial percentage in many places would be much higher. That is the beauty of coming into a place of understand on your own as young adult. You are now aware of your comprehension and are able to make your own choices in order to develop yourself into who you want to be. Re-apply the “you can be ANYTHING you want” concept. If you want to, you can be an investor, powerful trader, lawyer, business owner, engineer, philanthropist etc. You as a young adult are able to make that choice for yourself particularly with the plethora of technology-based resources we have today. There should be no reason for you to accept less than what you know you are capable of.

Put the effort, time and dedication forth into development investing and see just how truly spectacular your intellect can become. That self-empowerment will translate over into how you take care of things outside of yourself as in your financial investing.

Insider clue: The way you take care of yourself is a precise sign of how you will handle other things.

Go grab a snack, drink or a breather and come back…

Pt. 2 of Invest-Financial Development Investing.

Critical because self-awareness plays into objective view of self
Plays into objective view of your personal narrative
Know what you want and write it down
STICK TO PLAN-
Be able to reevaluate your performance

“Know Thyself”. This concise yet impactful quote was written on the walls of the temple of Apollo at Delphi over 2000 years ago. Despite being written before the market as we know it today existed, this simple statement absolutely impacts the investments and applications we commit ourselves to today. What does it truly mean to know yourself? Does it mean to know what your name is or what you look like in the mirror? If we relegate this saying to such shallow terms, we strip it of its intended meaning. Knowing yourself is having the self-awareness to understand your actions and the ability to look at yourself objectively.

(What does looking at yourself “objectively” mean?) -To truly look at your inner-self and reflect upon your individual strengths, weaknesses, and opportunities within yourself that will extract/demand personal growth over time This is a very simplified definition but it encompasses the overall theme.

“How does my own behavior come into play when I’m investing and the things I invest in?”, you may ask. The answer may be more profound than you originally thought. When we look at spending/investing situations, we apply our own “filter” or personal interpretation to what we see and this can be a poor habit. We have to understand that when it comes to making sound financial decisions, we have to treat it as if it were a living breathing entity. When dealing with it, we have to listen and watch it, instead of layering our own values and systems to it. For example, think of the trading market as an actual person. Would it not be rude of me to apply my own sense of what’s right and wrong to him without once listening and understanding what he is saying? This is what happens when we try to add our self-indications and assumed values and bend the market to make it conform to our individual assessment/opinion. The forex market (Foreign Exchange currency marking) alone is a $5.3 trillion dollar a day industry. It will not be dictated or control by any one person, regardless of what their name, title, or status is. Trying to control that market or anything else and shape it to your will is a quick way to be washed away and disappointed.

I have just painted a fairly grim picture but all hope is not lost!

In a nutshell, Knowing Yourself goes like this according to our last two posts….

Step 1. Admitting your weakness

Know that you spend money in terrible ways, or that I always say “the love of money is the root of all evil” realizing that you are not taking care of yourself physically like you should be and that you have made excuses about it.

Step 2. Reminding yourself of your strengths

Truly acknowledge and empower yourself with a precise and calculated change of mindset and put together a plan to correct your downfalls while solidifying your strengths.

Step 3. STICK TO THE PLAN

Do Not Get allow yourself to deviate from self-improvement. Go against your normal and easy path. Write things down, make a collage, pictures, notes or whatever may be good enough for you to constantly remind yourself of the growth you are committed to making.

We must analyze ourselves in order to decipher out the bad from the good. We must train our subconscious to move our conscious being and be ready to move. The only way to control and tame this beast is to train it to take you where you want to go. This article is definitely deeper in the “finding yourself” element but that is exactly what we want for you because when we speak next week were are really going to begin diving into the financial realm of taking your money to a different place…

As always thank you humbly for reading and take your time, when you could have been doing so many different things and remember…

Learn. Invest. Trade.

Tag: #knowledge

Invest-The Manifestation Principle

Know Yourself, Know Your Worth