I would like to share with you a story that I heard recently. There is a very high tower, and a group of frogs are going to jump to the top of the tower to see the view there. At halfway, one of the frogs said that it is so tired and hot, it does not want to continue and give up. Some of the frogs also give up when this frog stops, while the rest continue to jump. After a while, another frog said that there should be nothing special at the top of the tower, and we need not to suffer from the tiredness to jump up to the top of the tower. So those who listened to the frog, also agreed to stop and give up. At the end, there is only one frog jumping up to the top of the tower. All the frogs are so surprise and ask the frog, why are you so determined and preserved to jump up to the top of the tower? Then, they realize, the frog is actually deaf. Due to it cannot hear what the other frogs say, so it can jump up to the top of the tower patiently.
This is only a very short story, but let me to have a very good lesson. Some of you might not understand the morale of this story, it is ok, I would like to share what message I get from this story.
Some of us know about the importance of financial planning, also spend time to assess our financial status and set our own financial goals, as well as prepare our own investment plan. After we implement our investment plan for a period of time, probably someone around us would say that our investment plan will not be successful, and investment is very risky. There might be also some people would say that we do not know what will happen tomorrow, of course we should enjoy life now and do not need to save money for investment. This is same as what happened in the story. If we cannot pretend to be deaf at this moment, we might listen to them and give up our investment plan. Finally, we cannot achieve financial freedom. Only if we can pretend to be deaf, we are able to implement the investment plan with full of determination and patience, and eventually achieve the financial freedom.
For those who are investing in stock market, most of us will learn from Warren Buffett, to choose some good stocks, invest and keep for long term. However, after some time, when people around us said that their stocks are rising fast, but our stocks are not moving much, we should change stocks and invest in same stocks that they have. There might be some people will tell us that there is rumour that there are some stocks will rise since there will be speculation. So, at this moment, if we cannot pretend to be deaf, we might listen to these rumours and change to invest in those rumour stocks which we know nothing about them. In stock market, we as normal investors are not able to win over the professional speculators. So, if we can pretend to be deaf, and do not listen to what other people say, we will keep going with our investment plan. Investing in good stocks for long term, having dividend and compounding effect, we can earn a pretty return.
While implementing our financial plan or during our investment, sometime we should not listen too much what other people are saying. Prepare a good plan for ourselves, keep following the plan patiently and with full of determination, eventually we can achieve financial freedom.
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