All investments should be evaluated based on opportunity cost versus time. Are you investing for the short term or the long term? And which option would be more efficient and profitable if you invested elsewhere instead of this? The idea behind recommending long-term stock investments is that high-quality securities tend to benefit from inflation. Inflation happens when the prices of goods increase faster than the value of money. Wouldn’t a producer only make a good if its price exceeds its monetary value? However, if this gap is too large, the consumer experiences volatility. That’s why the efficiency of using money declines because you need money to buy things. This principle explains why stock prices tend to rise over time if you hold high-quality stocks long enough. Therefore, investing is often referred to as investing in time—because over time, it adds value. - Joseph’s “just my thoughts”
Don’t try to learn from failure... I’ve failed a lot, but I’ve never learned from it. It is a lie to say that you can learn from it even if you fail without fear of failure. It was when I struggled not to fail that I could learn. Failure is only something to accept; you will fail again if you try to learn something from it. Failure is not a tool for learning lessons. It’s not worth it. Human beings learn from unremitting efforts not to fail. Don’t be fooled by petty consolation... Life is short. - Joseph’s “just my thoughts”