Roadblocks on The Path to Wealth
The old grind in life goes, save, save, save, save, and try not to lose it all in a split second.
No one wants to save up to $100,000 and find out that they invested in the wrong thing and the market crashes and now all the money they were expecting to grow and for for them has disappeared. Keep in mind, money does go faster than it comes and this is the simple fact of the matter.
However, there are 3 internal factors that get in the way of wealth:
So, what do the experts say? They say go with your gut instinct. If you are in debt and really feel you can’t take the risk and lose your $100,00 that you have saved up just to pay your balances and break even, then don’t! You always want to to make sure that you are comfortable with your decision especially when it concerns your money.
The best time to invest is when you know that you have a little extra cash to spend, however, you have to know that what you’re investing you have to be willing to lose, because that’s the risk you take.
So, be sure you know how much you can afford to spend, do your homework, and at that point (when comfortable) don’t be afraid to take the chance and dive into the market!