When you start investing, you must know where you are now financially, after that you need to be clear about what you are investing in, it’s not just about the goal but, the most important thing is to know the value behind your investment goal.

 

Let me clear it for you. Most people invest their money for financial freedom, but when you dig deeper, it is not just financial freedom, it is about what you are getting from financial freedom. It might be to spend more time with family and friends, buy what you love, travel, and do charity, etc. So, one needs to keep asking themselves about what they are investing in and find the value behind their investment.

 

To find the value behind your investment goal, you should ask questions like:

1. Why is this important to me?
2. What is the importance of my investment goal?

And, many more!

These questions will help you to find the core value of your investment goal.

 

Most of the time, we start investing with lots of expectations and, our happiness is dependent only when we reach our goal. But, the process involved between the start and the end goal is dull.

 

To help you better with an example, one of my clients who turned out to be a good friend is a fantastic interior designer. His works are no less than a good portrait. During one of our conversations, he said that when he presents a plan, everyone will be excited and start to jump-start their project with him. But in the middle, few them feel confused about how their project is turning out to be. The work in progress state of any interior designer will always lead to chipping off the walls, unpainted walls, and the presence of dust everywhere, etc. The process midway will always look unfinished. But in the end, everything is in place and will eventually look beautiful.

 

Similarly, investment also is just like that. In the beginning, one will be excited to start investing but as it proceeds, the market moves up and down, few debt funds give a negative return, other asset class/fund give superior returns than the one we invested.

 

But, if you know your goal and value behind it, you will follow the process without a doubt. Otherwise, you will be confused and stop your investment or chase the best return at that time and end up nowhere. That is something I don’t want to happen to my clients.

 

Keep digging deeper and deeper until you find the value behind your investment.