The second
priority of almost every person in the world is to be financially independent. One
can attain financial stability first before they reach financial independence,
but he or she can reach stability faster with a job that pays enough for his or
her needs. Financial independence means asking yourself what you want out of
life and how much patience you have.
As an investor
myself, I found my first few years investing at a young age to be a rocky road;
there is no formal education for investing in the stock market, industries or
businesses. It all boils down to research, analysis and common sense.
It is part of
my common sense during that time that investments take time to gain value as
much as how a startup company begins to have value as it gains more consumers
and produces more of its products or services. The essentials of investing goes
like this, when the company grows, you also grow. So it will really take time. It
is not an instant money-making machine; it becomes a part of you, the working
part of you that generates income for a later time.
You must take
time and have patience to research about the long-term goals and potential of
the industry or market you want because investing is similar to including an
external part of your body. Of course, we do not want a part of our body rotten
and selecting the ones that could support ourselves fully takes a slow,
difficult road.
