When I tell the people I meet that I coach people how to get started investing in shares, they usually reply by saying that they would like to invest in shares.
When I ask them why they don’t invest in shares already, they provide lots of reasons, which sound more like excuses.
I say they sound like excuses because the “reasons” they speak of are easily overcome.
I’ll come back to this later.
When I ask them why they want to invest in shares, though, I usually get a different response.
More often than not, I get a blank look, as if I had just asked them a stupid question.
Investing Is A Good Thing
Almost everybody recognizes that investing is a good thing and the chances are that you do too.
The reason that you want to invest in shares (as opposed to something else) is probably because you know that investing in a recognized stock market is going to make you money in the long run.
So why don’t you do it?
The chances are that you are scared of losing money in one of the stock market “crashes” that you have heard about in the news.
If I may say so, this is an emotional reaction, not a rational decision.
I could go into detail about this statement but I don’t have the space here, so let me just say that stock markets recover, falls in the market are opportunities to buy good companies at low prices and that this is the basis of making serious money for long-term investors.
Investing Is About The Future
When you invest in something, you are foregoing a short-term advantage for a better long-term advantage.
In other words, you are spending some of the money you have in your pocket today on an asset (company shares) that you expect to be worth a lot more money later (share price growth) and/or will pay you an income (dividends).
The ability to “delay gratification” as the psychologists call it, is what separates the prosperous among us from the less prosperous.
In short, if you want to build your wealth or enjoy a better life in the future than you have in the past, you need to be able to delay gratification by investing.
The other thing you need to do, is to invest now, not in the future.
If you keep putting off the day when you start buying shares, it won’t be long before you realize that your days have vanished and your opportunity has passed you by.
Investing is a long-term game and the sooner you start, the more you learn and the bigger your investment returns.
I’m Not Ready To Start Yet
This is a good one!
If this is you, do you know what you need to have in place to get started investing in shares?
I bet you don’t!
So, if you don’t know what you need to get started, how are you ever going to be ready?
The simple answer is that you won’t!
That’s a big shame, because the chances are that you already have in place the things you need to get started – you just don’t know it yet.
Even if you’re not quite ready yet, you’re probably not too far away from being ready, if only you knew that.
It’s All In Your Mind
As you’ve probably realized by now, getting started investing in shares is about making a change in your life and about you thinking differently about your money and what you do with it.
Starting to invest in shares is a profound change and will TRANSFORM your wealth and prospects.
You probably know that already?
What you probably haven’t consciously realized, but your own mind has emotionally, is that starting to invest in shares is a TRANSFORMATION for YOU too.
In other words, starting to invest in shares will turn you into a different person than you are today.
So, the real reason that you want to invest in shares could be because you want to become a different person to the one you are today?
Overcoming Your Excuses
Irrespective of whether I’ve captured the real reason that you want to invest in shares in this article or not, you can overcome your excuses and get started.
You may choose to do this by reading a book or just diving into the Internet and that’s great if you do.
Alternatively, you may want some help thinking through your reasons/excuses, working out whether you are ready yet, what your future could look and feel like, etc.
As I said at the beginning of this article, I coach people to get started investing in shares.
That’s another way of saying that I help people to overcome their excuses.
It’s also a way of saying that I help people to find out whether they are ready yet and what they can do to get ready soon, if they are not yet ready (are you following me on this?)
There are a range of coaching services available to help you.
I’m currently offering FREE Investment Strategy Sessions, which gives us a chance to talk about your situation, why you want to invest and to get to know each other a little bit.
And if you want to get started quickly, I offer my training programme, X to 3X in 7 where you can Start Tripling Your Investment Returns in 7 Weeks Or Less!
If you decide to go ahead, getting yourself a coach is the fastest way of learning to do something new and implement change in your life.
If you’re still carrying excuses – those above or some different ones of your own – leave me a comment below to receive my reply.