Sometimes not thinking and buying asset is the best thing to do

Whenever someone buys a stock or crypto they tend to think a lot about which will be the best stock or crypto to buy. Like stocks which can give 100% returns or anything. But in the process, they do not buy anything because their target is the best stock. The best thing to do is to buy at that moment without waiting for the right stock.

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PC: Pixabay.com

This is just like life choices, we do not have to wait for the best life-changing moment to change the course of our life, if there is a slight chance of increasing our life by 1% better, we should take it. I was actually going through a lot of YouTube Videos lately where people are only trying to get into top tech companies like Facebook, Google, Apple etc but rather if they try to get into good companies then it's okay.

Similarly getting 100% return stocks is good, but we all cannot get it so it's better to get some stocks which can give 10% that is actually good to have in our portfolio. Sometimes getting 10% is better than waiting for 100% because a missed opportunity cannot come back later in life. That's why sometimes not thinking and buying assets is the best thing to do rather than thinking and do not buy.

Now that's why I do this thing in every aspect of my life, I do not run after the next best thing but try to get what is better 1% than what I have. It's good to run after the next best thing but how much you will run, and what if you do not get that best thing? So it's better to dream for the best thing but in the process do not ignore any good thing which happens your way.

Posted Using LeoFinance Beta



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Sometimes getting 10% is better than waiting for 100% because a missed opportunity cannot come back later in life.

I agree but the issue I have with this is that what if the 10% now goes on to 100% after pulling out at 10%. Will I be able to forgive myself?

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Incremental increases will over time outweigh the 'waiting for the biggest or right one'. I think we just can’t be too picky with life, every chance or opportunity should be explored.

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Makes sense. This is very similar to looking for work. I've seen a lot of colleagues and college graduates that are currently unemployed because they are waiting for the next big job (stock asset) perfect for their degree. And they complain that they cannot can a job in our country. The truth is, there is abundance of job (or stocks) that we can do (buy) right now while waiting for the perfect job (stock). 😊

!1UP

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Yea, the point is clear, most people do not want to shift ground to accommodate slight changes, this often have issues at the long run

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