Jul 19 2006

Slow and Steady Wins the Dividend Race

I recently completed my very first marathon. It was possibly one of the most difficult and exciting (next to the birth of my children) that I have ever been through. I passed a lot of the 4 hours and 50 minutes it took me to complete it thinking about investing and earning as much money as I possibly could.

It occurred to me during this time that investing is kind of like running a marathon. There are may times when you just want to throw in the towel and give up because things are just not going well. You have suffered (knees are killing you, you are hot a hell, the market just beat the crap out of you etc.) and you wonder if it worth it. You spent all that time training yet it still hurts. What if at the end of the investing game you don’t achieve what it was you set out to go. But you continue on and lo and behold you can see the finish line. Things start to look a lot rosier. The end is near and in fact all that training you have done (i.e. contributing to your investment accounts) looks like it going to pay off. You will be able to finish strong – even if you were a bit short of your ultimate objectives you still finished. And that is something that 9 out of 10 people out there have NOT done. Investing is like running a marathon – at times it is painful and it hurts and you want to quit – but if you just keep going it all pays off in the end!!

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  1. Todd said:

    Congrats on finishing your first marathon!

    I went for a run the other day, only to find out just how out of shape I am!

    July 24th, 2006 at 1:23 am

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