Too busy working day to day for a boss? Selling them your life and time, you’re just a mouse on the work wheel. Change is scary.
Updated December 2020
Welcome to our final Monday of the Challenge, my budding investors. The beginning of a new week and a new phase of your lives where you’ve found the courage to start building your investment portfolio.
Or are you still dreamin’, planning, hoping?
Let’s take a look at which stage you’re at in your career or working life:
You’ve left school, started a trade or finished uni – and earning a wage barely enough to cover a night out at a club. Although you hope that working 18 hour days, 24/7 will soon have you earning decent money, you’re beginning to realise that – working for a boss sucks?
Your career’s progessing, but the thought of spending another 20 years doing the same thing doesn’t have you leaping out of bed. Or maybe the changing nature of work and increased competition mean that your job is not secure. You need to reinvent yourself, upskill. Whatever it takes to stay employable and maintain your lifestyle, and that of your partner or family. Or worse still, perhaps a life tragedy – death, divorce, accident or illness have changed your life forever and you need to somehow earn more money.
You’ve retired, or about to – either voluntarily or not! But looking at your superannuation or retirement nest egg, it’s unlikely to sustain you. Especially due to government changes to taxation, pension or superannuation laws. Or you too suffer a change for the worse in your circumstances. So that overseas holiday, helping out the kids, or even a weekly dinner at a nice restaurant – are all looking pretty unlikely!?
Over the past 3 weeks we’ve covered a lot of investing issues. Some things you may have already known, others not. Whether you’re a doctor, nurse, lawyer, accountant, tradie, looking after the family at home – makes no difference. Here’s hoping you now get that relying solely on your own efforts for income is a mug’s game. And that if you start investing – buy some shares, an investment property, start a business, or even question whether your superannuation is being managed properly – you’ll have more, better choices.
But perhaps you’re still struggling?
Investing is too complicated?
You don’t know where to begin?
You don’t have the time, aren’t quite ready?
It’s all too hard and you should just stop dreaming?
… I hope not
Tomorrow I’ll dig into why it’s never too soon, nor too late, to get your money working better for you. And that you can achieve financial freedom and independence.
No regrets, no B.S., no boot camps.
And if anyone tries to tell you otherwise – tell ‘em they’re dreamin!
Decide whether or not you will to take steps to change your current financial circumstances.
Love to get your feedback – email or leave a comment.
I’d also be delighted if you find BiG and my work helpful, and share it with friends, family and others who want to build on their investments. (Just Subscribe, be part of the Challenge and receive our updates – all for free.
All the very best with your life and investing.
Phew, Finale! Day 30 BiG’s 30Day Investing Challenge – Investing BiG Regrets | Investing B.S. | Investing Boot Camps
Where we’ve been – 30 Day Challenge Blog overview:
Day 5 – Who Can You Turn to for Investing Help? People and ‘Players’ in the Investment Industry (Day 7-8 W/E)
Day 12 – Part 4 Less Regulated Advisers – Analysts, Commentators and Gurus (Day 13-14 W/E)
Day 19 – Who are the best investment gurus? Part 4| Choose a Guru (Days 20-21 W/E)