The word “know” in its various forms is perhaps one of the most misused words in the English dictionary. A lot of people, when looking back in hindsight, will claim something like: “I knew this (or that) would happen.” Well, no. You didn’t. If you did, you would have positioned yourself to benefit immensely from what happened instead of just saying, now, that you knew it would happen. A more accurate claim would be something like: “I was thinking this might happen.”

If you make these kinds of distinctions now, it can benefit you in the future because you will position yourself based on what might happen, without being overconfident in your abilities to predict, understanding there’s a possibility you might be wrong and that you might need to change your position.

For example, in the stock market, I position myself based on what I think might happen, but am flexible enough to react to what actually does. Because, there is opportunity no matter which way things go – up or down. And those who are quick to capitalize, without the rigidity of being “married” to an original theory, will benefit more than those who do not. So, always keep this in mind.

You can learn about all of my investing techniques via my “Invest Like a Pro in 10 Minutes a Day!” series of 4 books where you can learn the “end to end” process to investing (https://brighterdayslifecoaching.com/published-books-and-life-coaching-services/).

Make it your goal to learn these investment techniques so that you can progress towards achieving the financial freedom and independence you’ve always dreamed of.

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