At times, it’s not easy. As I found out in the last 2 weeks. It’s not easy to find out time and to keep it going. It is difficult to push yourself not knowing whether it is the right thing to do. Just as this activity of mine is. As with everything, there are doubts that creep in and desire to move forward wanes.
There are certain common themes that have affected me over time; just as it might be affecting you. I wanted to let you in my mind, so that you can follow the journey as well with the cognisance of the fact that nothing is easy; and we are all in it together – in this journey of finding your own goal.
Few common themes I have found out over the years that have held me back have been:
- Not having a goal
- Not having a passion linked to a goal
- Not knowing if the effort is worth it
Quiet a few of them have been linked to starting small. And the effect on that small start. We don’t the first step because the first step is small and the effect on that small step doesn’t substantial at that point of time.
In such a situation, we are stuck between a vision which is far off and a start that needs to be made which seems small and distant. And the vision seems blurry and non-existent. Most of us lead life this way. And there are seldom people who are able to see that distant vision clearly to be able drive their way forward and taking the whole world along with them.
What I am writing, seems like a rant (I haven’t even read it again), but it does. And its because of that small step and the feeling of un-surety around it. There are others who plough through by taking those small steps making it bigger every time and unearthing a vision or goal in the process. In either case, a step needs to be taken, a move needs to be made and a question needs to be asked:
“Are you moving forward?”
An early start to investing gives you a head start. Begin as early as you can as u have more opportunities to succeed and learn from early failures.
An important week it has been for me. Wherein my son has reached an important milestone having turned 13.
I hadn’t realised that until I saw the beautiful handwritten card from my daughter for her brother. He had entered his teens.
Couple of days back I had ordered couple of books from Amazon with one of them being a gift for my teen. Both the gifts reached dot on the day of his bday and much earlier than Amazon promised. What a wonderful thing Prime is?
One of the book I have ordered as a gift is “Rich Dad, Poor Dad”, by Robert T. Kiyosaki. I wanted my teen to begin his teenage life in the right footing with an understanding of Finance. Hopefully, he can learn a few things on Finance early on which even the schools don’t teach.
I have been trying to ingrain him to read books on investing for a couple of years with mixed success. Hopefully, Rich Dad should be a good teacher. If you are serious of investing, I recommend you buying this book too.
In the last 2 weeks, I have bought a Phillips beard trimmer, a Phillips hair trimmer set, a gift for my son and Children of Eden for my son to read. I have received a gift card from for now teenage son al the way from United States and have received another gift from my sister for my son. And all of these through a single source – Amazon.
“Amazon is here to stay”
I have got all of these for free delivery (I am a member of Prime) and have been able to watch the latest series “The Test – A new era for Australia’s team” while all the time being at home during this Coronavirus time period.
And I have sold some of Amazon stocks while the stock price has reached a high of approx $2400.
“Amazon is poised to capitalise on the new post Coronavirus economy although the intervening time period can be heady..”
I am finding it hard. And difficult to start. Just realising that the investment universe is so large and I know so little. Plus hardly know where to begin.
And this is wherever the advantage lie in following a journey. It would be good for me to share what I am learning through this process and maybe in few years time when I reflect back, I will realise how trash I was and how good we have all become. If I am able to achieve that goal and am able to translate that our combined success, I will be really happy at the end of the day.
COVID-19/Coronavirus is on the top of my mind and has been over the past couple of months with varied thoughts. I have gone through thinking this as an
- Feeling the pain of loved ones struggling through this unprecedented times (it does touch everyone)
- Fearing at times what if it hits any of us near and dear ones
- Going through periods of planning for the future (will and the like)
- It has been mixed – a mixed bag of feelings
And this is where I feel there is an unprecedented once in a lifetime opportunity to really get into investment/stock markets, learn in the process and learn and face an event that has happened once in a century. I pray that we all fight back and come out stronger on the other side of COVID-19 in 2020.
The markets have tanked since the news of Coronovirus spread with nadir being on the 22nd March. Markets (NSADAQ/S&P500) have rebounded in style which has left me confused as to the direction the market is taking. I feel there is a long drawn bounce back to its previous lows coming over the next couple of months. But, can’t be so sure. If it comes, I would want to be ready to take advantage of it with cash ready to be deployed.
Today, I also realised that there are a plethora of words and terms related to investment (investment jargons) which are difficult to understand and have their own nuances. Over the course of this journey, I will learn and share those as well with you. Stay tuned.