If I could create the definition of better investing, it would read…
“Educating yourself to become more consciously aware of the immense power of your mind to create the action of earning wealth.”
I believe ‘your mind’ is your greatest asset and investing on the development of the same is more important than investing in any stock or bond out there.
The famous British philosophical writer James Allen wrote in his breakthrough book As A Man Thinketh…
“Man’s mind may be likened to a garden, which may be intelligently cultivated or allowed to run wild; but whether cultivated or neglected, it must, and will, bring forth. If no useful seeds are put into it, then an abundance of useless weed-seeds will fall therein, and will continue to produce their kind.”
As A Man Thinketh is a small book that explains how the human mind can create its environment and circumstances.
The author believes that the root cause of prosperity and poverty is how a person thinks.
As such, as per Allen, you can become a better investor by simply changing the cause – your thoughts – rather than the outside world around you.
Investing in your personal growth is challenging and courageous, and thus not many do it.
But then, that’s one of the biggest reasons not many people succeed as investors.
Better investing means that you have to learn about yourself – who you really are – then change your thoughts, feeling, and act to become the person you want to be.
“As a man thinketh in his heart, so is he,” writes Allen.
Don’t ask…do it yourself
Most of the time when people ask, “Tell me which stock to buy,” it is because they want to abandon this most fundamental duty of theirs.
Interestingly, they want to benefit from intelligent analysis but still retain the right to blame someone else if things go wrong.
That’s not the way we must go through life, knowingly handicapping our own minds and avoiding the thing that makes us so different from other animals – our ability to think.
If you are convinced that your facts and reasoning are right, and you are willing to back your convictions with your money, it should not matter what anyone else believes.
Of course your family, friends, children, or colleagues might call you crazy. But this is the real challenge.
You have to make a decision yourself and then own it, unlike what those who blame you do. Most importantly, this decision must be based on your own evidence and ‘not’ other peoples’ opinions.
But where’s the best investment for 2012?
If you’ve read this post thus far expecting me to recommend a stock tip for 2012, I’m sorry for disappointing you!
Instead, my idea for the best investment you can make in 2012 – and why 2012…you can make it right now in 2011 – is to invest on your learning…invest on your mind to make it more powerful so that you can make your own independent investing decisions…without fearing what others would say…and without doubting the power of your mind to make the right decisions.
Always remember – as you invest on your mind to become a better investment thinker – you have help in the form of Safal Niveshak.
After all, that’s what the motto here is – “You think. You invest. You win.”
By the way, you can download ‘As A Man Thinketh’ here.