Go Long, Not Short:
Why Trading and Investing is a Life Skill
Let's start by talking about life skills
To us, this is a skill that you can use for life (long-term) and also enriches your life at the same time.
Some examples are public speaking, cooking, teamwork skills. And yes, trading and investing is on the list too!
Most people don’t realise that trading and investing is a skill that you can use for life
That’s perfectly understandable as their focus is probably to make money from the stock market as quickly as possible.
Therefore, they might not yet realise the magnitude and unlimited potential of the skill that they are learning. They see the narrow timeframe that will help them generate returns in the short-term and forget that this is actually a skill that they can use for a lifetime!
Why do we say that?
The stock market has existed for hundreds of years and will most likely continue to exist in one form or another for the next hundreds of years.
It is one of the best ways for companies to raise funds, so as long as companies and capitalism exist, the stock market will also continue to exist.
With that knowledge, you know that the stock market will outlive both you and me.
That means that your knowledge will not go obsolete, because while the market goes in cycle, the patterns repeat themselves.
So, once mastered, trading and investing is an evergreen skill that you can use to profit in the market even when you’re walking with the help of a Zimmer frame.
Enrichment – The forever sought-after ingredient in life
To enrich your life means to fill your mind, body and soul with experiences that teach and challenge you.
Without enrichment, life lacks fulfillment and feels empty. Remember Scrooge who stole Christmas? He was rich but lonely!
Enrichment through lifelong learning
Of course, there are many ways to find enrichment in life, but trading and investing is definitely one excellent method.
The dynamicity of the market constantly challenges you and teaches you new things.
Furthermore, as Kathlyn’s always says, success in trading is 90% psychology and 10% strategy.
Other than learning how to interpret the everchanging macro, industry and company factors that affect the market, a key part is learning to master yourself – your conscious and subconscious thoughts, your beliefs and more.
Wouldn’t you agree that learning about oneself is also a lifelong journey?
Money is a side-effect of trading and investing
When we talk about enrichment, money and wealth do not fit into the context because enrichment is a process, or an experience. Money and wealth on the other hand, are means to an end.
However, enrichment in life through experiences is often made possible with money and wealth.
Therefore, these are very useful tools for you to wield in life, and often necessary to make these experiences a reality. For example, traveling the world, spending quality time with family.
But, the unique thing about trading and investing is that while on this path seeking enrichment, you will also find money and wealth at the end of the rainbow – the Leprechaun’s gold.
Your very own superpower
Once you master the skill of trading and investing, this can become your superpower!
Money is an inevitable side effect of it that can also act as a financial safety cushion. This will further enable you to live your best life with choices to pursue what you love without financial worry.
And one of the best perks?
Unlike a conventional job or business, there is no increase in responsibilities, workload or effort when you add a zero to the back of your account. You can just do the same thing over a period of time, rinse and repeat, and voila!
But here's the thing,
Many people get off this train too early before it arrives at its destination: Trading and Investing Mastery.
Trading and investing is a valuable life skill that is a journey and process of learning and self-improvement.
It also has the potential to enrich your life and others around you if you allow it to.
You have already boarded this train, so don’t get off just yet! Ride it till the end where you will see the most beautiful scenery - ultimate freedom and peace of mind.
After all, something that is qualified as a life skill is definitely worth learning, developing, mastering and passing onto others! Wouldn’t you agree?