Skip to main content

The Investor's Advocate: Will Power


 Why Purpose Driven Investing Should Be Added to Your Investment Strategies


Can the power of purpose be used to help you to grow your investment portfolio? And if so, to what extent? To find answers to these questions, you should read an interesting post from Anthony Rhodes, the owner of wealth management firm The Planning Perspective (www.theplanningperspective.com) called "Profit Motive" (https://www.howtoinvestblog.net/2020/09/profit-motive.html ) . This is a recent addition to his popular How To Invest blog (www.howtoinvestblog.net ).

"Purpose has power." he began. "Everything that we see around us-from buildings to automobiles, to electronic devices-all originated from a founding purpose." he added. "And it is this idea which provided a basis for the article. I wanted to tap into this internal will power, and use it to drive home the message that, if properly implemented, it could be directed towards becoming a successful investing tactic." he added.

Within the post, Mr. Rhodes provides examples of how will power has played important roles in the lives of successful individuals. "Nothing worthwhile is ever accomplished without first developing a clear, precise motivation for achieving it." he explained. "This goes far beyond a simple generalization of success, but delves into the importance of specification." he continued. "Without this element, we miss out on the opportunity to direct all of our mental faculties towards the goal, which is essential to achieving its success." he concluded. 

(Copyrighted material. Do not reproduce without permission.)      

Comments

Post a Comment

Popular posts from this blog

The Investor's Advocate: Impulse Control

  Remaining Focused During Unpredictable Events is Key to Investment Success   Has recent events caused you to feel a bit...anxious regarding your portfolio? If so, then you might find an essay entitled "Anxiety Notoriety"  (https://www.howtoinvestblog.net/2019/06/anxiety-notoriety.html ) helpful. The posting is one of the many useful resources available to investors at How To Invest  ( www.howtoinvestblog.net ). The blog is authored by Anthony Rhodes, who is the owner of wealth management firm The Planning Perspective ( www.theplanningperspective.com ). "Sometimes, when it comes to our investments, we van actually become our own worst enemy." he began. "Especially during unpredictable events such as those we've been experiencing recently." he added. "Our impulses are telling us to behave in one fashion, and our intellect, another, and oftentimes it's the magnitude of the event which wins out." he f...
Post a Comment
Read more

The Investor's Advocate: Hocus Pocus Focus

  Slight of Hand Tricks Used by Businesses to Make Performance Deficiencies Disappear Would you like to be made aware of the clever tricks some companies use to conceal their growth deficiencies? And better yet, how to protect your investments from them? If so, then you should certainly read a posting called "Disguised Dysfunction" ( https://www.howtoinvestblog.net/2022/02/disguised-dysfunction.html ). The essay is a recent addition to Anthony Rhodes' popular How To Invest blog ( www.howtoinvestblog.net ). Mr. Rhodes is the owner of wealth management firm The Planning Perspective ( www.theplanningperspective.com ).   "Performance anxiety is not just a condition which affects some middle aged men." he joked. "Businesses are also confronted with it, and some resort to very clever tactics to meet their growth expectations." he furthered. "Or at least to make it appear as if they have." he added. What'...
Post a Comment
Read more

The Investor's Advocate: Timeless Treasures

  Forever Stocks and Your Portfolio   Would you like to learn the best ways of identifying stocks that you should purchase...and never sell? If so, then you should read an interesting essay entitled "Wheel of Fortune"  ( https://www.howtoinvestblog.net/2022/01/wheel-of-fortune.html ) which is found on Anthony Rhodes' popular How To Invest blog ( www.howtoinvestblog.net ). Mr. Rhodes is the owner of wealth management firm The Planning Perspective ( www.theplanningperspective.com ).    "As far as stocks go, these are the get 'em and forget 'em variety." he opened. "Forever stocks are exceptionally rare, but when you identify one, it should strongly be considered for becoming a mainstay within your portfolio." he added. Within the article, Mr. Rhodes explains not only how to recognize these types of stocks, but also what makes them so valuable in the first place. He further chronicles why forever stocks live up to their monikers as timel...
Post a Comment
Read more