Life is like camera focus on what’s important & you’ll capture it perfectly!!!!
Focus in life will keep you motivated & help you with a clear sense of purpose .Focus helps you grab onto your goals with ferocity. Focus is persistent & stubborn it won’t let go until the goal is achieved.
Say if you are trying to start your own business, but you lose focus of that goal & become discouraged, chances are it will take you a lot longer to reach your goal, if you are ever able to get there at all…….
Importance of Focus in Investment:
Many people at some point in life must have experienced equity market volatility; few of them must have panicked & ended up withdrawing their investment. By doing so you are locking losses & missing on future potential profits.
But with a focused investment approach & gearing your assets towards meeting your financial goals, the day-to-day fluctuations will not affect your plan. Even a long term horizon provides your investments better chances to reach their potential goals.
Thinking Man Advice to stay focused in Investment:
- Identify your goal.
- Gear your assets towards achieving your goal.
- Frame a timeline to achieve your goal.
- Look at the long term.
- Diversify your investments, this would reduce volatility & stabilize return.
- Don’t jump from to investment to investment.