Have you felt frustrated when you try to look for that perfect investment?
Have you felt those moments when you tried to find that perfect investment tool, idea, method and realised that you rarely achieved satisfaction? Is it because there are so many things outside our control. I have learned that it’s an all-but-guaranteed path to insanely high levels of frustration? Have you been preoccupied with the idea of finding the perfect investment?
Maybe you’ve got your eye on an idea of a new scheme, fund or you’re watching a particular stock that’s performed well. Whatever the criteria, you think that maybe, just maybe, you might be on to something.
Indeed, all investing decisions couldn’t even qualify as perfect, rarely stay perfect for long because… we’re human! The markets themselves are a reflection of our humanity and how we feel at any given moment. The market goes up. A few days later, inflation and interest rates are also moving. Meanwhile, the market moves up and down.
Where’s that perfect investment now? 3 things to understand and take action:
- Perfection as a financial goal is impossible to achieve. Stop doing that! There are so many variables at play that it becomes a bit to play that game. Where will the next problem pop up?
- What if, instead of chasing perfection, we went looking for something a little simpler? What if we focus on finding financial options that meet most of our wants and still leave us time and energy to do things we enjoy? Can it be goal-based investments? On a timeline? is it linked to your risk appetite?
- It comes down to making the most of any particular situation and not beating ourselves up over the things we can’t control. Don’t be a perfectionist! Don’t procrastinate! Take Control today! Start investing with controllable today!
Wishing you all the best on your perfect investment journey!