Regardless of the situation, you are in. Always be calm and alert. It is with a clear and calm mind that one can have a clear and concise decision about whatever that you are doing. Easy to say but difficult to execute – Many may say. It takes time and eventually time will create this vacuum of space where you can resolve your issue and come to a consensus with your mind.
If staying away from social media helps, then do it. Be positive and talk to people who are positive. They will always shed a light or rub some positivity of some sort. Remember that only with challenges and struggles, will you grow and nurture to your potential. Struggling is part of life and it is also the wonder of life as it allows one to realise, slow things down and think about many things. The power of manifestation has been in the talks for many years. First of all, you have to believe in it, then you manifest with the thought and finally the mentality. These are the powers of being able to think clearly.
With distractions out of the way, then things can work out. No matter how many baby steps, how much is the disappointment or expectation. It is a roller-coaster of events. There are things we all should say no to more often than not.
Naturally, we are all emotional human beings. That makes us what we are so you did not do anything wrong. I am not a great fan of social media. I don’t see it as a way to catch up with what my friends are doing. If it is my family, I would happily call or meet them, not follow their social media accounts.
Time will heal and will find a solution. It is a process that is daunting. If you are feeling it, you are not alone. Baby steps at a time. Meanwhile, find things that interest or helps your own growth. It may fuel into something great one day.
Today, I’m going to go straight out and talk about Mental well-being and why DIY investing is related to it. Personal Finance is a wide topic. Some people talk about it passionately while other talk about it in monetary terms. If you come across my blog about how I view investing and personal finance. It would always bow down to one thing. You need to look at it long term (30-40-50 years).
My last post was on 15 Jan 2022. It was a new year and new resolutions but who knew that I was hit with reality and I got a little depressed. I’m quite the jovial and joker kind of guy so it is hard to see me depressed for a prolonged period. But I realised that I needed to get away for a short while. While this happened to make myself well a number of events happened and it was all unexpected. After all these has tide over. I found time to talk about this, write it down as a form of content as well.
Many things happen to our lives.
a. Triggering events
This is a wide scope. It can affect family members, jobs, health and other financial events
b. Illness/Sickness that spread from friends to friends and family to family.
This affects family the most. The support from the extended family and who take care of your kids while you grind at work
c. Your own well-being
Of the three items, I find that your own well-being determines who you are and what you want to become. Whether you like it or not, triggering events happens without any warnings. Sickness and illness happens mostly without much time to react. While all these happen, it is important to keep your own spirits up. What you do and say eventually is the outcome of how you treat yourself.
I’m no expert at this but if you do realise you need help. Look for professional help. With the option of working from home, it limits the interaction or distraction with colleagues, friends and family members. It makes one feels inwards towards approaching people. For people who realise it, it is a positive sign. For people who doesn’t, then it makes it tricky.
Now, here comes the key part to this article. When you are down and out, nothing interests you anymore. This includes your own investment portfolio and personal interests. However, there are things that will keep you going (i.e. kids, ferrying the kids, family and etc..) This will make you go at minimum pace. What if this distraction goes on for a year? Often, I hear many friends (Who thinks that they are Warren Buffet and I don’t blame them) say that why pay fees. These are for people who doesn’t know what they are doing.
Let’s look back and ponder on what we just discussed. If you DIY your own investing portfolio and you leave it under the bus for a long time. What will happen to your own portfolio? I will leave the answer to yourself because everyone is different. I’m not saying that paying exorbitant fees is the answer to this. There are many solutions to these and some of these include letting a robo-advisor manage your own portfolio. While you take time to find your own wellness and recover your motivations. No one run their lives in adrenaline until old age. There’s always peak and troughs like every investing period. Pace it out and find things that matter the most to you.
I’ll make this short but will probably do it in a three part format because I really find it important that what if one day (touch wood) something really happens to you. I’m not sure what everyone invests in but I dabble in a bit of a crypto defi and multiple platforms to maximum my exposure and benefits. I’m not sure if my family member can pick up the pieces to recover every cents of my investments should anything happen to me. I’ll remember my own passwords once I see how I algorithmically encrypt it. I can’t say the same for my family members.
Conclusion
Stop sweating on the small stuff. a 0.5% or 1% fee on your portfolio buys you nothing but a piece of mind. All you need to do is to research for a reliable and honest company that can do the work for you. Review them from time to time to make sure they are still relevant to your own investing philosophies. For star traders who are often right than wrong. Think about the day when your hands doesn’t work quite that fast as your brain is thinking. Income is important to everyone so transfer your risk and sometimes paying a little more works out better.
Till the next blog. Great weekend ahead.
Disclaimer
This is not a sponsored post. This is purely what I write about because I generally have a passion towards learning and spreading personal finance. There is no one size fits all investment strategy. I do not have any affiliation to any robo-advisors or company nor do I get any perks other than a referral fee.
If you like what I am sharing or if it resonates with you, do use my referral codes here at Referral and Recommendations
