Why do we invest?
Duh, to earn big money obviously.
And, then what?
Ehmm… to live a better life !!?
I guess most of us would agree with the goal.
To me, my better life is to live freely of Financial concerns.
Not forcing myself into the rat race of 8am-6pm working life.
Or at the very least, have FU money to throw the resignation letter to shitty Boss’ face whenever I want.
Luckily, investment happens to be a hobby that works toward my financial freedom.
It is a process that I enjoy, so while doing it, I am also enjoying life.
From my observation though, during the long journey of pursuing Better Life,
most of us, unconsciously becoming Bet-ter Life.
What is Bet-ter Life?
A Life of the person who Bet money in the market.
A bet-ter life speculates heavily in the market and live in fear of market up & down.
In constant worries, affecting their sleep, relationship with family, friends and mental health.
So ironically, while trying to reach the goal of better life, the bet-ter life suffers in the process.
This bet-ter life is self-defeating.
As for most of us, the investment journey should be far longer than the financial freedom period.
In my case, it took almost 20 years of working and over 13 years of investment to reach the edge of financial freedom.
I reckon to be comfortably free, it will be another 5-10 years.
It is not a concern to me though, as I am enjoying the investment process.
So why do you not living a bet-ter life?
It is because I do not speculate and not guided by Mr Market’s moods (up & down).
Mr Market is there to serve us, not to guide us.
Putting aside some warchest to cushion the falls, is the reason why I can benefit from Mr Market’s service.
Whenever the market falls, I am excited and will look at companies that I admire and invest when market offers them cheaply.
When the market is up, I am (of course) still happy, as my money grows !
Which means tap dancing closer to my financial freedom.
In short, avoid bet-ter life to reach better life.