When you look toward your financial goals, I’m sure you see hundreds, maybe even thousands, of obstacles looking to trip you up…
But, in reality, there’s only a single aspect that’s keeping you from wealth and I’m going to show you how simple it is to shut it down.
It’s inside your head and you have full control of it…
Attaining wealth has everything to do with your mind. There’s certain times you’ll overthink an investment or financial decision and ruin your chances of becoming wealthy.
Think of all the obstacles as mirages that your mind creates in order to make yourself feel better about not achieving your goals.
Realistically, there’s a single idea that’s keeping you from wealth… and I’m going to show you how to destroy that blockage with a single, simple trick.
You ready to hear what that trick is?
Don’t be afraid to admit you’re wrong.
In investing terms, never admitting your faults will lead you down some dark and scary financial holes.
People who trade stocks with this mindset tend to ride their trades all the way to the bottom.
The best traders/investors admit their wrong when the stock reaches 5-10% below their entry prices (this is called a stop loss).
It’s all about being mechanical with your financial ventures, and admitting you were wrong about something plays a large role in that.
Think about all the real estate investors that rode the Global Financial Crisis all the way down to the bottom.
The smart investors would’ve sold their assets at a small loss and avoided one of the biggest financial horrors in history.
Now, this simple idea plays a big part in your financial goals, but it also affects your life across the board.
Think about how much happier your relationships would’ve been if you could just admit that you were wrong every now and then.
The stubborn side of humans ruins a lot of good things.
You have to understand that there’s a difference between stubborn determination and just pure stubbornness.
Stubborn determination will get you to where you want to be, but this involves admitting your faults and mistakes.
Being stubborn in general will get you nowhere.
So, the next time you’re analyzing your financial goals, mentally erase all the imaginary obstacles and stare the single real obstacle in its ugly face…
Admit when you were wrong and things will be so much better.