Have you heard or read this quote before? Well, Benjamin Franklin was a wise man. Judging by his words,
“An Investment in Knowledge Pays The Best Interest”
Benjamin Franklin knew the real value of educating yourself and continually becoming more knowledgeable.
When you think about it, everything you know now was once unknown to you. From the job you have now, to the education you got at school and then in college – you are educating yourself daily. Indeed, your parents were the first ones to invest in you by broadening your knowledge horizons – school, books, private lessons, university, etc. Your job is another place through which you invest in yourself as you acquire a quality skill set.
And successful people know that knowledge is not only power. It also equals profit. The more you learn, the higher the chance to stand out from the crowd. In fact, the faster you learn, the quicker you can earn.
Investing in Knowledge
Our readers tend to be both experienced as well as beginning investors. However, the second group has to learn something fundamental. When it comes to trading or investing, the best way to improve your skills and start earning more money is by educating yourself.
Truthfully, every person knows this. Unfortunately, though, the majority of people are really motivated when it comes to expressing their feelings with words. However, they often are too tired or afraid to take action.
More importantly, most of them don’t research anything, study only once a week, and rarely try to analyze the market situation before making an investment decision. It’s in our humans’ nature to think that we know everything. Sadly, unless you read or educate yourself daily, nothing else will pay off.
As we mentioned at the beginning of this article, Benjamin Franklin said wise words. He knew the real power of knowledge. And nowadays, successful people have precisely this one thing in common. They are educating themselves daily. They know this is their strength. Otherwise, how will they be a few steps ahead of their competition?
Another 8 Inspirational Quotes On Knowledge
Knowledge is power. – Francis Bacon
Once you stop learning, you start dying. – Albert Einstein
The only source of knowledge is experience. – Albert Einstein
If you’re not getting better, you’re getting worse. – Joe Paterno
Invest in yourself. Your career is the engine of your wealth. – Paul Clitheroe
To know what you know and what you do not know, that is true knowledge. – Confucius
I do not think much of a man who is not wiser today than he was yesterday. – Abraham Lincoln
Formal education will make you a living. Self-education will make you a fortune. – Jim Rohn
An Investment in Knowledge Pays The Best Interest
Reading daily and educating yourself continuously have a positive effect on the way you think. Which, on the other hand, could bring about more success in your life. After all, by making better, more informed choices, the consequences should be better.
So, take a look at your life and be honest with yourself. Are you doing everything in your power to take advantage of what your environment or the world is offering?
Nowadays, there are numerous educational seminars, webinars, pdfs, text files, YouTube videos, etc. This means you don’t need much to begin educating yourself. In fact, the only thing you really need is desire. Do you want to be successful? Do you want to succeed?
When it comes to trading, there are fundamental things you should first learn. You have to learn how to prepare a strategy, how to manage risk, how to trade or invest emotionlessly, and, most importantly, how to be disciplined. You have to understand how the market really works.
And once you know the basics of trading or investing, the second most important thing is the experience you have. It doesn’t matter if you have made money from the trade or investment. Also, if you have lost money from the trade or investment should not bother you as it counts as experience. However, you need to learn how to analyze this experience.
When it comes to trading, many skills need to be mastered. Also, there is a lot of information that needs to be processed and understood. If you love what you do, you will find a way to turn it into an income-generating vehicle.