Yesterday in a stock discussion group I moderate, one of the members shared this note about their investing progress:
(Screen shot shared with permission)
What gets me most excited about this is not necessarily the big gain in a stock, but the fact that this person took more control over their financial life.
When it comes to things like health, relationships, education, and money, my personal opinion is that you have to take personal responsibility for maintaining and improving.
Yes, you need mentors and teammates to aid you in your journey, but at the end of the day, you can't pay anyone else to manage:
- Your health; you still have to go out and exercise
- Your relationships; you have to be the one interacting, otherwise it's not your relationship.
- Your education: No one else can learn something for you.
- Your money:
Your money is the stored value of your efforts contributing to society. Both its generation and its application is very personal to who you are as an individual. No one else can direct the fruits of your labors the way you can.
You are the only one who can choose what is best to do with your money. I get really excited when I see people lean in to that.