The Price of Waiting To Invest

11
June

Time Is Money
When you think about it, more money is lost to those gaps of time that occur with hesitation. Imagine each minute of the day spent idly as having a price tag. In a single week, a large sum of money could be lost. This is also true of “hesitation” time. The longer an individual hesitates to act productively, the more time is lost and with it the dollar value of that loss of time. This doesn’t mean that individuals must always be in constant motion. Relaxation can be just as valuable to overall productivity as periods of work. One way to save money is to reduce lost time through non-productive idling or hesitation.

Hesitation And Investing
If tough times call for tough measures, then hesitation can be viewed as an anti-cathartic to personal gain. Investing is basically a long-term proposal of financial stability. Through careful research and development of a comprehensive investment strategy, investing should evolve into a financial management regimen. The accent is on “management”. Hesitating to move forward with investments has the ring of insecurity that has a much higher price tag.

Mistakes Made, Money Lost That Could Have Been Saved
Investing isn’t a popularity contest with the most popular stock or mutual fund wearing the most illuminating spotlight. Yet, this is the point of attack investors tend to rely upon. Just because one blue chip stock is enjoying a particular popularity doesn’t mean it will remain so indefinitely. When the reality of the ebb and flow of business is considered as the nature of the beast, investors already have a window into the wide range of possibilities. It seems inappropriate to hesitate with the weight of such a vast dimension of options. In this situation, the price of waiting to invest seems more than reasonable if one is possessed of a stalwart constitution. Each episode of hesitation reduces possibility by greater and greater percentages. Think of this as money lost that could have been saved.

Investing Outside The Box
Without doubt, investing to most people is the definition for business investment. The astute investor looks outside the box for investments all the while inventing new avenues of possibilities. Feverishly watching the trends is one way to invest outside the box. Trends exist in virtually any type of market if one has the wherewithall to dig deeply enough to uncover them. While some investors remain glued to the Big Board, others are looking at the peripherals at the foundations of business. Like an ancient sage, the astute investor sees what others can’t or won’t: Investment opportunities yet to be born. This particular investment technique is borne of a highly cultivated financial investment sense. If you can see the future IPO long before the business or enterprise has emerged, this is financial foresight that allows the individual to invest outside the box.

For Main Street Investors
Although middle income earners believe investing is next to impossible, quite the opposite is true. The first step is to build an investment foundation upon solid savings. Deny yourself enough coffee latte for a year and you have a mini-base of savings. Don’t assume that your regular utility bills are absolutely correct. With oversight, very often the gas or electric company made a mistake in actual use. Add that nice little refund to your coffee latte stash. The same is true of bank errors. On average, bank errors occur at least 3-4 times a year, mostly in your favor. Reconcile that checking or savings account every month to insure it’s correct. Do the same with administrative fees attached to insurance or other accounts when they prove to be in error.

Taking Inventory
Most households have much more than is ever needed for normal living. Two times a year, make a donation of used goods and clothing. Be sure to get a tax deductible receipt. Then, match that amount and add it to your savings. Sell unused items at a garage or white elephant sale. Be sure to have antiques appraised before you sell them. One source of savings comes from allowing your collectibles to be displayed at a reasonable lease rate by local dealers for their exhibits or fundraising projects.

This post was written by

jason – who has written posts on Budget Clowns.
Father of three and married to a lovely women. Always looking for ways to save money, and invest it properly for my children's future.

Email  • Google + • Twitter

Comments are closed.