When we think about investments, we think about Wall Street in NYC. We think about people from Rockwood such as Mctague and Barrons, who have made millions with their investment, always seeming to know which fund or asset to go for. On a day to day basis, we can read a report or main story in the news on who are the big winners and who are the big losers. Dan Purjes, who has a great deal of experience in investing in the financial market, believes that investing in yourself is the first thing that you have to do. Without that, there is little point to achieving other forms of financial success.
Dan Purjes on Investing in Yourself
The most people think about investments, they think about mutual funds, stocks, real estate, currency, precious metals, and so on. However, without having made an investment in yourself and who you are, none of these things would make sense. The first investment in yourself that you should make is in your education. Our most powerful tool is our brain, in which we can hold a wealth of information and understanding. Any education you receive will increase your understanding of the world, thereby also increasing your understanding of what is likely to be a good investment. Uneducated people are usually broke people.
Secondly, you must invest in yourself as a leader. It is about believing in yourself, telling yourself that you are worth everything that comes to you. If you feel that you have greater opportunities in life by having certain material possessions, then you should invest in those. You have to spend money to make money.
Next, you have to build your confidence. Again, this is about believing in yourself, believing that you can do it and having an overall positive attitude. Seeing motivational speakers, reading books about positivity, doing whatever it is that makes you feel good about yourself in your own capabilities. Those are all investments you have to make in yourself if you are to be successful in life.
These are the three main investments in you that you can make. Some of them will cost money, some of them you can obtain for free. All of them require an element of investment of time. Or bring them together is that they are all worth it as they will help you grow. You will grow as a person, and you will see your finances grow. The power of positive thinking and the power of postulating are undeniable. Find any self-made millionaire, and you will have found someone who took the time to invest in themselves. Self-made millionaires are people all of us look up to. They weren’t born that way, however, but they turned themselves into that by focusing not just on the financial gain but on the personal gain and actually putting the latter first. By investing in themselves, they were able to attract other things to them as well and that is how they became the people we all look up to now.