An investment opportunity comes along.
How do you react?
This is how I react.
First up, funds. Do I have clear funds to invest? No? Forget it, obviously.
Funds – maybe? Meaning, if I do some wangling around, fund demand could be met? Ok, move on to next step before taking a decision on the wangling.
Funds – clear – yes? Next step by default, but I’m telling myself that I’m not letting these hard-earned funds go just like that. The opportunity will need to clear my scrutiny. Period.
Then – time? Do I have 15 clear days to conduct deep due diligence.
No? Forget it. I may be travelling. Some event might occupy my time and mind. No time – no investment. Period.
Yes? Ok. Next step.
Energy? Due diligence is exhausting. I need energy reserves. My body and mind tell me. If they’re up to it, I’ll know. If not, the sheer idea of due diligence at that point will make me want to puke. Such is the power of mind and body to convey a message. No energy means improper due diligence. Not happening. No investment.
Yes for energy? Body is alive. Mind is alert. Moving to next step.
Due diligence. Digging deep buddy. I’m going to get under their skin. I’ll pick out their lie. I’m going places they won’t imagine I could get to. The internet is my oyster. We’ve never had it so good wrt information flow and disclosure. I start digging, and get so engrossed, that I forget about time.
Due diligence scrutiny check block oblique spoiler alert oblique deal-breaker? Could be an uncovered lie. Recently I discovered 100% pledging in a company, with everything else ok. Could be any dirt or its tracks. No investment.
Due diligence cleared. Go back to funds – maybe. Bring out mental weighing scale. Is the investment so worth it that I’ll wangle fund demand?
No? No investment.
Yes? Next step.
Think clearly. Very hard earned funds are about to go away for a while. What does the sum total of my everything tell me?
No? For whatever reason. I don’t question my sum total. No investment.
Happy investing! 🙂