Happy Labor Day!! I hope everyone enjoyed a safe and pleasant holiday. Sadly for many this is the last unofficial weekend of summer. The Labor Day holiday, which began in 1887, is to honor all the hard work of Americans.
America has always been known as the land of opportunity. This opportunity will only result in success when combined with hard work and in taking risks. There will always be risks, no matter what the path you take. Some of these risks will be apparent and some will be hidden. Even if you work for an employer you take the risk that the employer will no longer need you. Small business owners take on different and more apparent risks. But there will always be risks. Regardless of the type of risks you decide to take on the path to success, it will require hard work.
There is no short cut to success.
Keep in mind some will get ‘lucky’ and strike it rich quickly but the likelihood that these ‘lucky’ ones will hold on to these riches is slight. To appreciate your wealth it is best to have earned it through hard work and taking the right kind of risks.
When we acquire our wealth through hard work and risk we should insist on having our money work hard with the right kind of risks.
The Wall Street bullies have convinced us that there is a short cut to investment success. Why do we work hard and take risks to acquire our wealth and then think we can easily make a very high return? Why do we think that gambling and speculating with our money is the prudent thing to do?
Through research and proven concepts and theories we can make our money work hard for us with the right kind of risks. If you are working with a broker who is stock picking or market timing or using track records to invest you are gambling and speculating with your money not investing
Stop being a victim of the Wall Street bullies.
Seek the assistance of a fiduciary adviser, an investor coach, to help your money work hard with the right kind of risks. The Wall Street bullies understand that you will make emotional decisions with your money. And they know how to take advantage of this. Your investor coach will help you remain disciplined and focused.