What I Hated The Most About Investing
by: Brendan Magee, Investor Coach
During my time as a financial planner, there was a lot I grew to dislike about investing. There was so much information to digest which I could never make sense of. There were new investment products coming out every week, and it made me fearful that last week's investment products were now inferior. There were track record that far too often didn't continue after I invested in them. There were questions that I had about investing that always got a very professional sounding answer back from people who seemed to know what they were talking about, but didn't answer my questions which only added to my frustrations. Given all that, I could never feel confident in the investment decisions I was making for myself or my clients. The unanswerable question was, "What do I have to do to be confident about investing?"
On top of that, what I realized was, that without any understanding of how the world of investing worked, I was blindly handing over my money and that of my clients to people I had never met (fund managers, I most likely never would either), to a process I had no understanding as to whether or not it actually worked, nor would I know what to do if I found out wasn't working.
That wasn't the worst of it. What I hated the most about investing was my future, and that of my clients was in the hands of something I had no understanding of, not did I have any control over. My fate, and that of my family's, was based on blind random luck. Having gone to school to get an education and worked hard to build up my financial planning practice, not having a say over how my future was going to go didn't appeal to me one bit. Matter of fact, I hated it and the truth of the matter was, I was ready to throw the towel in and give up.
The breakthrough didn't come from another product. It came from a coach helping me to discover how markets actually worked. How markets set prices and how markets generated returns. With that, every question I ever would have thought to ask about investing, and more importantly every question I never would have thought to ask about investing got answered. This was a ten thousand pound monkey that I couldn't possibly describe how good it felt to get off my back. I now had the freedom and power to clearly choose how my money would and wouldn't be managed. I knew where to put my money and understood exactly why it should there. My destiny was now back in my hands because I knew that my future depended solely on my behavior, not anyone else's. I knew exactly what I had to do to not only fulfill on my American Dream but start experiencing it today.
Nothing about the world I was living in had changed. I was still an individual living in a world of some 20,000 mutual funds with a media spinning a 24 hour a day message of doom and gloom. Who I was, living inside that world had been completely transformed. My relationship with investing had been transformed in an instant from confusion, stress, and anxiety to one of freedom, clarity, confidence, peace, and empowerment. I knew how to tap into the most powerful wealth creation system ever created, and how to use it to fulfill on my true purpose for money.
Helping people to transform their relationship with money and investing is what I have been put on this earth to do. It starts with understanding how markets actually work. Couple that discovery with creating your true purpose for money and you will be living an unrecognizable future. Let me know if I can help you.
Brendan Magee is the founder and president of Inevitable Wealth Coaching. With any questions or comments email brendan@coachgee.com or call 610-299-3969
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