How Do I Start Investing?

When should I start investing? This is a question I get asked often. My first response is “what do you want to accomplish from investing?” What is your destination? Is it more passive income, financial freedom, because you feel like you have to in order to get ahead. Whatever the answer is you can start right now by investing in yourself. You must learn to work the muscle of investing. In order to invest and learn to invest you can start with zero money. In order to have more time and money you need to learn to invest more time and money.  

In order to invest you must learn to sacrifice time and money for other things. Sacrifice is required to invest. Sacrifice today so that you don’t have to tomorrow.  

To learn to sacrifice/invest time, you must learn to invest your time in activities such as working out, journaling, reading, meditating, things that you normally don’t do that you know would be of benefit to you. To learn to invest money start today by opening a bank account called your “investment account”. This account can be invested into each month with a certain amount of money. Then when enough accumulates, I recommend at least $50,000, then you can invest that amount into an investment. You are practicing working the investment muscle with these activities.  

Changing your mindset around investing time and money is how you start today. 

- Doug Myrick, cell 407.244.0972