“It’s too risky!”, “You’ll lose everything!”, etc.
Ever heard those words? So have I, and it’s honestly a massive shame. In today’s society, there exists an incredibly impactful fear of risk. It’s understandable though, from our childhood we are taught to be safe with our money, and conservative with our investments, or worse yet we are told to just save, and not invest it at all. By default, we pay too much attention to negative news, and it occupies a disproportionately large part of our life. For instance, how often do you turn on CNN and actually see good news? Most likely extremely rarely. Don’t be fooled, this isn’t because of a lack of good news, it’s just that bad news sells more. As a matter of fact, there hasn’t been a safer, better overall time to be alive as a human than today.
It’s much more interesting to hear about a company going bankrupt and all investors going broke over a company performing exceptionally well, and investors are pleasantly surprised. This explains why so many people have such a massive, irrational fear of any form of risk. The root of the problem aside, people treat the stock market and other investments as a gamble, as if investors are just throwing money into slot machines. This is simply not the case. Investing involves preparation, study, analysis, and overall a lot of work to make educated decisions.
So what’s the point I’m trying to make? Well, the reality is that there is a ridiculous amount of hypocrisy in society; people fear risk, so instead of taking risks they spend their whole lives at a job they most likely dislike just to put food on the table. What’s the better option? Take a calculated risk, or lose a great portion of your time to reward someone else’s risk-taking.
If you’re interested in starting your journey to financial independence and success, I highly recommend picking up Rich Dad Poor Dad, here’s an affiliate link to purchase it on Amazon, you would be supporting me too!
Rich Dad Poor Dad: What the Rich Teach Their Kids About Money That the Poor and Middle Class Do Not!
If you’d want to learn more about achieving goals and fighting a lack of motivation, I highly recommend Grant Cardone’s The 10X rule, please feel free to purchase it using this Amazon affiliate link in order to support me as well!
The 10X Rule: The Only Difference Between Success and Failure