Investing Your Money for The Long-Term: A lesson from marathon runners
There are many similarities between successfully running a marathon and successfully investing your money for the long-term. Investing not only requires the muscle (capital) to reach one’s long-term goals, but also the mental strength.
When comparing a marathon to investing, it’s easy to see why so many fail when it comes to money. Investors have to keep their eye on the finish line, and no matter their goal need to buckle down for the long-run. It can be very easy to get tempted into sprinting when “surefire” investments present themselves (such as with the Dot-Com Bubble), and it is just as easy to run out of wind and fail to reach your long-term goals. At the same time, it’s also very easy to give up and drop an investment during tough times, even though history has shown that it will most likely recover eventually.
Want to find a coach to help you reach your long-term goals?
At LexION Capital we can help when it comes to investing your money for the long-term. We can be your coach to guide you when the going gets tough or it’s a mental challenge to look at the finish line. Our approach takes your goals and needs into account and makes a long-term strategy to reach them effectively. Unlike other investors, we will not get distracted or be tempted by short-term events that can sideline your ultimate goals. Don’t hesitate to contact us and find out why LexION Capital can provide investment solutions that are the right fit for you.