First steps of investing

Hello,

the past two weeks I told you about how to asses your situation and a little about long and short term planing.

Planing is vague as you have to figure out how to increase your passives. I might come with a post with some tips on increasing this but you have to figure out on your own and on the needs of your region. It comes always to the needs the people have around you.

You have to think that through your investment your investment you are solving a problem or the firm/service you invest in, solves a problem. For example if you buy a piece of real estate and rent it our you solved not one but two problems, the guy who sold it got reed of it, so you helped him solve this major stress of selling and the ones moving in have their living space problem solved out. Don't feel sorry for taking the money as for them is fine to pay it as it is a service they need that you provide. If they would not want to do it, they would not pay or sell for what you ask or offer for, so here try to set a good margin.

Or another example, you invest into some crypto that skyrockets and you sell to a very high margin. Don't be afraid to do it and don't feel sorry that someone bought it. You provide both the seller and the buyer a service they needed. Without any remorse you did a good thing.

Another thing that you learn is to have the focus. This is my main thing that I struggle with. I work on so many things in one day that I lose sometimes the purpose and main idea. I will get back to focus more in detail.

Now focus on the guilt feeling and remove it when you are investing.

First steps of investing - mindset