Monday, January 19, 2009

Investor Dilemma

Let’s look at what is called “investor dilemma”. Now that we understand
risk and we are going to move forward regardless, we need to define and
deal with dilemma. Go ahead; write it in the notes on the side of this page.
This wraps up everything we have talked about; investor dilemma is all
about choice.
What do I mean by choice? You make all kinds of different choices every
day, including the choice to get into real estate investing. You can invest
your money this way or that way. We live in the information age and are
bombarded with decisions daily. This includes ways to spend our time, our
resources, and our money.
Now that’s a dilemma!
We are showing you how to say “Look, this is what I’m going to do; I’m
moving forward,” much like when I asked my father-in-law for permission
to marry his daughter. He gave me all kinds of different choices, which,
frankly, I did not want. We had set our goal; we were going to reach it and
we were going to move forward.
How do we manage the different demands on our time? How do we
manage all this information... all the outside influences? You make a goal
and write it down!
It’s imperative that you write down what you’re going to do. Write down
your goals; write down what your core motivation is. I know it’s private,
and that’s okay; this is your book. No one else will read it, so write it
down. Why? Because it solidifies it in your mind. It becomes truth. By
writing down that you will do this and why, you are more apt to do it. Just
be sure to be sincere about it, and it’s proven you will make it happen.

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