Tuesday 16 July 2013

Wealth Creation – Rule 12 (Allow your Investment to Mature)



Wealth Creation – Rule 12 (Allow your Investment to Mature)
If you must create wealth you should allow your investment to mature.
One important characteristic of living things is growth. Wealth creation obeys this principle of  growth. It is not enough for your investment to grow but rather allow them to grow to maturity. How will you feel when you take a fruit that seems
ripe for consumption only for you to take a bite and you discovered that is unripe? Your tongue feels the sourness because it is unripe. But when the fruit is matured before taking it you get maximum satisfaction. Investment that yields great returns must be allowed to mature. If you are conversant with financial institutions especially the banks ,you will understand the reason why there is a difference between a savings account and a fixed deposit account. A fixed deposit account requires you to deposit  a known amount of money(usually large)  for a long period of time and because the time is long you are paid a higher interest than that of a savings account. The same is true of for stock broking firms that trade on shares. Wise investors buy shares when they are cheap and allow such shares to fallow or appreciate before selling them. In otherwords, they saw the opportunities early and  tapped into it knowing fully well that such opportunities can unleash their wealth. The reward of such opportunities is the affluence, wealth and fame they now enjoy. Besides,It is often said that failure is an orphan but success has parents and friends. 

Would you have a poor man for a mentor?Only you can answer that.Allowing your investment to mature does not mean you should not monitor your investment. Always be at alert. Most investment and business has been bankrupt because no proper monitoring. Let me strongly advise that just as you should allow you investment to mature so also should you monitor  your investment. 

Food for Thought: "Matured investment brings matured returns".

What do you have to say about this?  Leave your comments below.

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