Would you like to know how to Ensure your Investing Success. To get tips for investing success listen to Ann Babiarz, an investor, a coach and author of the book, ‘Up’.
Believe it or not it starts by creating a road map for your life. Life is a journey and when we go on a journey we need a plan. Ann explains why an investing strategy needs to be congruent with your life and values.
Ann Babiarz and top personal development guru, Bob Proctor, tell us we need to have a vision for our lives. By doing so and writing our goals down, we are nearly guaranteed success. Bob Proctor reported that a study of alumni, ten years out of Harvard University, revealed some very interesting information on goals.
It seems amazing that 83% had no goals. They had absolutely no targets they were working toward. This would appear a bit like spinning your wheels.
You don’t know where you are going so you spin and just go around in circles. 14% had specific goals. They didn’t write them down yet they were earning three times the income of the 83%. However, the most startling figures came from the group measuring a mere 3%. This sector had specific goals, clearly written to read and review, and this sector was earning 10 times the income of the 83% who had no goals written or otherwise.
Groups and Goals:
- No Goals 83%
- Specific Goal 14% Earning 3 x Income Group 1
- Written Goals 3% Earning 10 x Income of Group 1
If we give ourselves a target then we will reach it. Our minds are marvellous instruments. They are working for us but our minds need some direction. If you were told there was a way to guarantee that you could earn more than 10 times what you are currently earning, don’t you think you would give it a shot? To be a successful investor you have to do the same.
Find the way to suit you, make it into a plan that suits you. It would make sense to do whatever you could to give yourself the best chance to succeed. Listen to the episode and get some great tips for investing success.
1:52 An Introduction to Ann Babiarz
3:40 It’s more than picking an investing strategy
5:50 Wheel of Life
7:50 Everyone is Self Employed
9:20 Begin with our values
11:30 Mindset and creating your plan
13:50 The future is never as far as you think
14:40 Need a reason why
17:20 Life skills and personal finance is up to us
18:50 Your belief system creates your Balance Sheet
21:50 Risk can work both ways
23:20 Values could determine your investments – conscious investing
Connect with Ann online
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