“Investors Need to Beat Back This Mighty Foe,” Dick Young

By Tatiana Vagizova @ Adobe Stock

“Inertia,” Dick Young said to me recently, “is terrible. Investors need to beat back this mighty foe.” A point he regularly explained to you inside the pages of Richard C. Young’s Intelligence Report.

Your Survival Guy was reminded of this yesterday during a foggy mid-afternoon walk coming back from Goat Island, admiring some of the recently launched boats and anticipating the season ahead (we launch Tom Sawyer tomorrow).  “If you can’t get excited at the beginning of the boating season, you probably never will.”

I’m excited for the season. I’m excited to go fishing. To make the walk down the dock, like driving to the ski mountain, thinking about what I may have forgotten, and a little nervous. You never know what’s going to happen, no matter how much you plan or your level of skill. And there’s always inertia or an excuse to stay home, cut the grass, stack wood, and wait for tomorrow, which never comes.

If you’ve sailed, gone fishing, skied, or what have you, you know perfect days are determined after the fact. You never quite know how the day will turn out. Some are scarier than others, where minutes can feel like hours. But it would be a shame not to get out there.

Action Line: Do not miss the boat, though. Sometimes we need a guide to simply help us beat back the mighty foe of inertia. Waiting for the perfect day or market may never come. If you want help charting your course, I’m here, unless that is, I’m on the boat. See you out there. Email me at ejsmith@yoursurvivalguy.com and click here to subscribe to my free monthly Survive & Thrive letter.

Originally posted on Your Survival Guy.