Developing An Investor's Mentality

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When people don't have an investor's mentality, they tend to end up in very tight corner during their old age. And you've probably seen many old people who refused to develop an investor's mentality early on in life - paying the price for their negligence in their old age.

Thus, you may see these old people begging their children for money for survival or maintenance. But those who adopted an investor's mentality early on in life, tend to have an amazing old age, full of enjoyment and travelling to beautiful places.

As a result, developing an investor's mentality isn't an option, if you want to be successful in life. Unfortunately, most people have the saver's mentality, and that's why when they're older - usually their savings have been eroded by inflation.

The issue is that the value of money tends to fall really faster over a period of time. And any amount that a saver may have saved up, will be less in value than the actual amount he saved. And then, you may ask the question; why will you want to save money for a very long period of time?

Note, this doesn't mean that you shouldn't have money in your savings account. But it shouldn't be money that you're planning to use to secure your future. And in order to become good at investing - you need to get into investments early; and learn as you develop in it.