By J.P. Dahdah, Founder & CEO of Vantage
To Invest is typically not an area in which most people feel confident.
Anything surrounding financial matters tends to make people uncomfortable, stressed, and anxious. We worry about earning enough money, saving enough money, protecting our money, and finding effective multiplying our money strategies. Add these concerns on top of the long list of other responsibilities we must prioritize in our adult lives, and it quickly becomes overwhelming. The bottom line is understanding the various elements of money is hard. Very hard.
We must push on, however.
Money is not a subject in our lives that we can throw our hands up in the air and surrender. Combat the comforting inner voice that is trying to allow you to give up, procrastinate or convince you it will somehow work itself out.
You must build a healthier mindset that accepts the challenge’s difficulty and finds a way to persevere. We must believe that failure is not an option and then act accordingly. As with everything in life, it is about making a choice followed by a commitment to that choice. If you want to build a healthy net worth statement, it is less about being a financial genius and more about taking consistent action over time. Knowledge can only get you so far without effort.
Habits are actions.
The problem is that taking action to do something we are uncomfortable with is neither natural nor comfortable. We notice other people who have achieved the results we desire and assume they’ve done it effortlessly, or they possess something we don’t and never will. It’s not true.
Financially independent individuals didn’t take a magic pill to amass their wealth.
They did not create their financial position by the high level of financial literacy they have but instead because they have found a way to get comfortable with being uncomfortable. These individuals have built up a muscle to be okay delaying gratification instead of seeking it instantly. They have come to terms with the reality that there isn’t a magic pill, no gimmick, no shortcut, and no foolproof way of getting rich quick.
So what do I mean by suggesting you “invest with pride?”
Am I encouraging you to demonstrate arrogance, superiority, or vanity in the alternative investment strategies you deploy with your Self-Directed IRA? No, of course not. To me, investing with pride isn’t about being confident regarding the financial moves you are making strategically, but rather fundamentally.
Are you doing the right financial things routinely? Your pride can derive from the actions you are taking in the right direction, knowing with certainty that the positive result will come when it counts. Your retirement years. Are you doing the right things to be financially independent? Do you know what the “right things” are for you?
At Vantage, we believe that Money is Personal®, which is why we are so proud of offering and creating awareness about Self-Directed IRAs. Self-Directed IRAs allow you to define what the right alternative investment asset strategies are for your retirement.
If you haven’t figured it all out yet, it’s okay. We offer various monthly free workshops to help you evaluate if investment options beyond the stock market are right for you. Don’t give up. Don’t wait. We are here to help you do the right things for yourself and experience pride along your financial journey.
Happy Alternative Investing (with pride)!
For more information on how you can discover your IRA investing alternatives contact us
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