Miscellaneous
Today we focus on Jason Hartman's Commandment #20: Thou Shalt Look at the Big Picture. What this means to us as investors is that we need the ability to step back from the daily fluctuations, hassles, and difficulties to think about our long-term goals and vision. The first component of the big picture is a knowledge of what we are investing for in the first place. The simple answer “to make money” is nowhere near sufficient. Every person invests to achieve some future goal. Keeping this goal in focus is how we weather the difficulties of any particular day of our investing life. By coming back to the core components of successful investing on a regular basis, it will assist each of us in consistently moving toward our goals. To many people, this focus will seem to be “boring” since it does not involve hair raising excitement. However, true success is born of discipline, which frequently takes the form of continuing to do what is necessary long after it has ceased to be novel. Website: www.JasonHartman.com