Wealth in the Fifth Dimension

13/365: How to Achieve Success in Investing Without Sacrificing Discipline Even If You’re Tempted by Shortcuts


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Hey everyone, welcome back! Today, I’m diving into a topic that really resonates with me: “Hurry Up and Wait.” It’s all about achieving success in investing without losing our discipline, even when shortcuts tempt us.


Recently, I took my family to a classical music Christmas concert. After just two minutes of the first song, they were already asking how much longer it would take. It reminded me of my time in the military, where we often joked about the phrase "hurry up and wait." It seems like a fitting metaphor for our expectations in life and investing.


We live in a world where we crave instant results. I often meet investors who have big return goals, but most don’t understand the risks involved or even why they’ve chosen those specific targets. They want it all—now!


Here’s the kicker: things that come quickly often disappear just as fast. I can share a story about my few lucky nights at the casino; those wins always make you want to play again. But here’s the truth: gambling is designed to exploit our desire for quick gains, and that mindset can lead to disaster.


The principles I want to highlight today are simple yet profound. Whether it’s love, fitness, relationships, or money, great things in life come from patience and scarcity. We need to nurture our goals and allow them time to grow.


Let’s take a step back and look at investing through the lens of history. Whether you’re considering one day, five years, or ten years, the longer horizons often reveal the best outcomes. Most horror stories of investors losing their life savings stem from their impatience and desire to rush the process.


In conclusion, whether we’re talking about change, growth, or abundance, these things take time. The challenges we face in our lives—be they good or bad—are rarely accidents. So, I’ll leave you with a thought: where in your life do you need to cultivate more patience? Is it with your health, your marriage, or your finances? Let’s be mindful of the journey and remember that good things often take time to flourish.


Thanks for tuning in!

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Wealth in the Fifth DimensionBy Joe Soto