Investing Smarts
July 31, 2006
Kiplinger’s Ordinary Investors, Extraordinary Results article from their August issue has some interesting profiles of investors who have, thus far, had some very impressive results. I have to admit, I haven’t got a quarter of the knowledge or experience these folks have garnered – and it’s a little intimidating. My reaction is mixed: seeing others accomplish tends to inspire and motivate me. Seeing them accomplish so much so that I can’t fathom where to begin is just plain disheartening.
I stick to it for a couple of reasons. One, I know that even though I don’t know a tenth of what “real” investors know, I can make small changes and slowly push my comfort level and knowledge. Two, there’s , rightly or wrongly, a stereotype that women are A, not investors and B, when they are investors, they’re timid, prone to paralysis, investors. I don’t care for that image one bit and you know what? Maybe I’m not in the majors, nor the minors. Maybe I’ll never be. But, at least I’m in the game — and that’s what counts.
