Some people call themselves investors.
I call them impatient investors.
When they invest, they want to make money in the long term.
What they really mean, is to make money in the next 5 minutes.
Because when they put their $100 in, they expect it to become $200 in the next 5 minutes. $500 in the next 5 days. $1000 in the next 5 years.
If everyone could invest in something like this, we will all be rich.
Unfortunately, the world doesn’t work in everybody’s favour.
Only very very few people could ever see their $100 turn into $1000 in 5 years time.
So, if you’re like the rest of us, don’t be an impatient investor.
You can still make a silly amount of money.
You just have to patiently build up the foundations of making those amounts.
You can then be impatient when the time is right.
To adapt from Warren Buffet’s quote:
“Be patient when others are greedy, be impatient when others fearful.”
