The Formula for Investing Success

Amar Pandit , CFA , CFP

Here is the simple (but not easy) formula for investing success…

  • The mindset of being optimistic about the future +
  • The courage to just start (investing)+…If I must add a word here, it would be early…The earlier the better…
  • The wisdom to focus on your goals and to ignore the noise around you +
  • The discipline to continue investing regularly especially in bad times +
  • The patience to let compounding work for you…The patience to know that progress is never visible at the start…
27nano

 

You have to go through the boring (and sometimes even painful) part to get to the exciting part.

That’s the formula.

Were you expecting anything different?