“If a man does not know what port he is steering for, no wind is favorable to him.”

Seneca

The first question we have to ask yourself about investing is
“Where do I want to go?”
I think that every time we face a new adventure, it’s importante to set the main goal.
I start by explaining what my goal was.
My first goal was simply “don’t lose money”,  because I was aware that if I would lose money my investing game would be over.
“Don’t lose money” is a rule, but not a good goal.
We have to imagine where we would like to be ten years from now.
If you have a child, your goal can be simply permits him to obtains any education he/she wants in the future.
Time ago I was on reddit and I read the experience of one user whose grandfather bought him a handful of Disney shares long time ago.
Today this shares have gained a lot of value, good for him!

It’s simply a matter of time and patience.
When this guy’s grandparents bought Disney’s stocks, it was obvious that Disney was a great company to invest in.

This is only one of a lot of goals that one person can have.

Do you finally know what’s my goal?
Well, my goal is freedom.

What do I mean? I mean buyback my time and live my life how I want.
Impossible? No.
Simple? Obviously not.

How is this possible? I will explain you in the next article.

Following chapter 5. Active or passive investing

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“Everything should be made as simple as possible, but not simpler.”

Albert Einstein