Investing 102

[ErikLS2]

Originally Posted by Vegas69

In addition to saving, I think it's very important to have solid long term goals and vision. That's really what keeps you saving aggressively. It's amazing once we have a target, how often we are drawn subconsciously. I can't tell you how many times I've written down a goal and achieved it and went, wow, this really works. Many times I've nearly forgot about it, but it was ground way down in my mind. The key is to write it down, scheme and plot, and then start down the path.

Funny thing about setting goals I've read a couple different places recently. Apparently, in studies they found that people that told other people what their goals were achieved them much less frequently than those that kept them to themselves. I love psychology, even though I am nowhere near a psychologist, but somehow telling other people causes you to lose a lot of your drive to achieve the goal. I can't explain why but when I thought about it I realized that is definitely true for me.