The poor are poor, the rich are rich

Chapter 106 3 Patience, an Indispensable Quality for Investing and Making Money

Chapter 223 Patience, an indispensable quality for investing and making money

Investing is a matter of slow work and careful work, and haste makes waste. Therefore, investment is not suitable for those who want to get rich quickly.The power of investing to create wealth is greater than we thought, but it takes longer than we thought.Investment can make you rich slowly and steadily. If you invest with small money and want to earn hundreds of millions of wealth in a short period of time, you can say categorically: "Impossible!" Investing requires patience, and patience is also one of the qualities investors must have one.

Jesse?Livermore once said: "I did it right and I went bankrupt. What happened was, I looked ahead and I saw a pile of bills, and I naturally started rushing past it, not thinking about the distance of the pile of bills. My money was laundered before I got to that pile of money, I should have been walking instead of rushing, I was doing the right thing, but I was too hasty.” His words warned investors that even if you invest The operation is correct, and you can't act too hastily, you must be patient.Otherwise it will be a complete failure.

A self-made man who became rich by investing in stocks once said: "Now that we have broken through, millions of dollars can be earned in an instant when stocks rise. Making money suddenly becomes easy and unstoppable; think back to 30 years ago. In the days when I first entered the stock market, I earned 1 to 2 yuan after a lot of hard work. I really don’t know where the money went at that time?”

This experience is familiar to many who have worked hard and made things from scratch.Everything is difficult at the beginning. It is difficult to earn money in the initial struggle. You have to work hard for a mere few tens of thousands of yuan. It is not until you have patiently struggled in the stock market for several years that you will find that the money is rolling in and cannot be stopped.Therefore, in the field of investment, as long as you have patience, money cannot escape. On the contrary, if you act too hastily, the money you get will turn into a bubble.

It takes patience to make big money, but big money is also accumulated from small money.Therefore, if you want to make big money, you need to start with "small money".People who disdain to make small money will not succeed in investment, they lack the patience to make big money. "Earning a small amount of money" can cultivate one's down-to-earth attitude and money concept, which will be of great benefit to "doing big things and making big money" in the future and throughout life.Wealthy investors have the stamina to last, and they know that everything starts small.The same is true for investing and making money. You only need to seize the small money in front of you and win wealth step by step.This requires patient help.

(End of this chapter)