Stock Market Investors » Stock Market Investing Advices and Tips » Tangible Goals Motivate Investing

Tangible Goals Motivate Investing

Many investors are unmotivated to set a particular number as a target for return on particular stock. If you are one of those people that are not fond of setting numbers as potential target return, try to set as an objective some other motive that stimulates you toward achieving investment goals.

Most investors' main goal is the construction of a successful retirement plan. So, if you are not excited by numbers you may focus on specifics that may incite your enthusiasm.

You need to establish some tangible goal that will incite your motivation. It should represent your starting point for getting you motivated.

A tangible goal may represent making a tour around the world. However, you will need resources to make it happen. Thus, the around the world journey represents the tangible goal that will get you started in investing for its achievement.

Every hobby you want to have will cost you money. Every pleasure you want to have will cost you money. In other words, nothing comes for free. So, in order to provide yourself with all things that make your life more pleasant you need money.

Therefore, your goal doesn't have to be something distant as a 9% return on investment. It should be something tangible, which you need and desire.

A dream you want to achieve will cost you some discipline. You will have to forgo some other things for the purpose of achieving your dreams. For example, the next time you see that designer jacket that will cost you $200, ignore it and allocate the money in your investment account. It is worth doing this, because you will know that you will be rewarded through the achievement of your dream.

You will have to endure some minor sacrifices, but it is worth for the purpose of achieving your major goals.

To be a successful investor you need two main things - the knowledge and the right trading platform. For a trading platform we can recommend try you Zecco and TradeKing.
Zecco offers free stock trades, no account minimum, real time quotes, trading community, and is also insured and protected against loss by SIPC. Opening a Zecco account to benefit from $0 Stock/ETF trading is a smart idea. Free stock trades allow you to preserve more of your wealth and save money, which you can invest instead of paying brokerage commissions.
TradeKing has been rated #1 Discount Broker by SmartMoney’s (the Wall Street Journal Magazine) annual US broker survey. It was also awarded the highest 4-star ranking in Barron's survey of Best Browser-Based Online Brokers. TradeKing platform features real-time portfolio information, advanced order entry, stock, option and mutual fund screeners, customized charting and alerts, volatility charts, a pricing probability calculator, free research and integrated news, and interactive educational information. Open a TradeKing account and get $50.

Article Tools
Rate this article : Low
  • Currently 2.8/5 Stars
  • 1
  • 2
  • 3
  • 4
  • 5
High
Bookmark this page (CTRL+D) :


Related terms: investment motivation, how to set goals, achieving goals, investing strategy, goals planning, goals objectives, financial investing