Your money is as comfortable as you are.
Why not make it comfortable?
Right, for that you’ll need to be comfortable.
How does one go about doing that?
There are many meanings of comfort.
You need to choose the right one for yourself.
Mission recap – this is the marketplace, and you need to feel comfortable in the marketplace.
Firstly, secure your bread and butter. Decouple it from the markets. No matter what happens in the markets, your bread and butter should not stop. In fact, it should not even be threatened. You got it. Enter the markets on a secondary mission. Enter it to have fun first, and success will follow.
Secondly, where does Jack want to play? The arena is so vast. Does Jill want to do many things, or does she want to master one, or perhaps two segments. What gives you pleasure? What gives you a kick? What challenges you? Find out for yourself. Try out everything if you want. Try things out many times. Ultimately you’ll know where your calling is. Your future field of expertise will speak to you. Do what you enjoy doing in the marketplace. Whatever you do should come naturally to you. Nothing should be forced, or a burden. That’s when you’ll excel.
Before this, you’ve lost small. That’s tuition fees. The best place to study finance is in the marketplace. Embrace your tuition fees. Keep it low. Make a mistake – repeat it if you please, as long as levels are small. Don’t ever repeat any mistake as levels start to get big. Levels start to get big as basic salary pay-checks start rising with age. Mistakes then mean larger losses.
You are not tense because of your market activity. It won’t snatch your child’s education away. It won’t take food off your family’s table. You are comfortable. That’s when you play the markets best.
Slowly, your actions will start adding to your income.
That’s the sweet-spot. That’s where you want to be. At this spot, your comfort-level, along with your confidence, will keep going higher.
Soon, big wins will come. All because you’ve understood the meaning of comfort.
Go for it.