Learn more about personaldevelopment with this collection
How to develop a growth mindset
How to think creatively and outside the box
How to embrace change
1. Individuality
We need to be clear about why we are investing. Otherwise, the smallest perturbation – a market up move or down move, or an opinion by an expert with tweet diarrhoea can make us question our choice.
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3. Balance/composure
We must recognise that any choice we make in life or personal finance will have an associated cost. Sometimes the cost is immediately apparent, and sometimes it may take decades to reveal itself.
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2. Discipline
Once we create an investment plan suited for us, we need to stick to it, rain or shine. Due to the ups and downs of life, we may not invest regularly. We must keep track of the missed investments and make up for them late
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4. Humility
he most important quality, in our opinion, is humility. We must recognise that there are a zillion ways to go from point A to point B, and ours is just one of them. It is rather immature to assume that what we are doing or our choices are the best.
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IDEAS CURATED BY
I came across an neat article which actually gives a quick reality check which every investor must have in the process of building wealth.
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