Investing in the right channels can be tricky business. Most people approach investing like gambling. They invest their money in what they feel has a good chance of getting a return and hope to get a good return. That’s like placing a “bet” with the hope they will “win big”.
If that’s your approach, you need to shift your focus in investing away from “winning big” instead to “building wealth”.
The concept of building wealth is often misunderstood in our society. Mention it and the first thing that comes to mind is a big house, fast cars, private jets and living the high life. The truth is, wealth is something completely different. In fact, building wealth is a necessity because if there’s ever a day you choose not to work or wouldn’t be able to work, you won’t have to worry about money.