“Would you tell me, please, which way I ought to go from here?”
“That depends a good deal on where you want to get to,” said the Cheshire Cat.
“I don’t much care where…” said Alice.
“Then it doesn’t matter which way you go,” said the Cat.
“…just so long as I get SOMEWHERE,” Alice added as an explanation.
“Oh, you’re sure to do that,” said the Cat, “if you only walk long enough.”
~ Lewis Carroll, Alice in Wonderland
This discussion from Alice in Wonderland says a lot about how we keep trying (keep walking) when we are aiming to get somewhere, or achieve something, in life (like financial freedom).
But then, let me ask, when it comes to your financial and investing life – “Do you know where you are going?”
Do you have a clear vision, a picture in your mind of your ideal financial future, pulling you forward and inspiring you to act now?
One of the above quotes points out if you only walk long enough, you will get to somewhere.
So my second question is – Is somewhere good enough? Is somewhere where you want to go?
Have you created a series of financial goals that you want to achieve over the next 3, 5, 10, and 15 years…and which allow you a periodic measure of your incremental successes to keep you motivated, energized and on-track.
Or, are you allowing the daily activities in your life or your financial advisor’s advice to dictate your direction, and by default, define your financial destination (that ‘somewhere’ place)?
Know where you’re going
I am often asked my advice on how to start investing and the best approach to get success as an investor.
Before I encourage the questioner to jump into problem-solving mode, my response is always the same, “What would you like the outcome to be?”
As the Cheshire Cat says, “If you don’t know where you are going, any road will get you there.”
Although it sounds simplistic to say that you should begin with the end in mind, the honest truth is that you MUST indeed begin with the end in mind to create a strategy for your financial success.
Everything you do – like the kind of stocks or mutual funds you pick – must pass the acid test of aligning your actions to your financial goals.
May I help you?
Someone famously said, “May you have the hindsight to know where you have been, the foresight to know where you are going, and the insight to know when you have gone too far.”
If you’d like to talk about where you want to go in your financial life, I look forward to hearing from you.
If you have yet to make the decision of where YOU want to go in your financial life, I ask you to take the time NOW to discover and develop your vision.
Imagine yourself holding a box, which has a perfectly complete picture (of your ideal financial life) on the outside, and your life’s puzzle pieces inside.
The pieces are all inside, certain to fit together to create your ideal financial life.
If you’d like some help fitting them together – i.e., you want help in realizing where you want to go in your financial life, and how you can go there – just write to me!
I love puzzles. How about you?