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Part 4 - Investments for 2022 and beyond – Starting the Journey

Published on
February 6, 2022
by
Elizabeth Nkukuu
Scribbled text on a paper

The hardest step to take is the first step.

“You must take the first step. The first steps will take some effort, maybe pain. But after that, everything that has to be done is real-life movement.” - Ben Stein.

​The reason the first step is tough is because we always have many reasons we should not start the journey. Some of the main reasons that people fail to take the first step include:

​1.                  Self-doubt

2.                  fear of failure

3.                  procrastination,

4.                  need to belong hence fear to stand out among others.

​The wealth creation journey is a long one and when you start, it becomes part of your life. One will always look at life from a general perspective of how it all fits in their journey to financial freedom. As we start the year, there are many things that we have to look at and review in order to get a firm footing in the overall personal financial freedom journey. Having covered the basics of the types of investments in the last two weeks, we now shall go through the whole journey. Some of the things that we shall cover will include:

​        i.            The key challenges while setting goals

​       ii.            Key mistakes while analysing your net worth

​     iii.            Investing for the long term.

​The wealth creation journey is continuous and one should be guided by their goals. It is however important to ensure that we are continuously investing in the appropriate investment knowledge so that we select the investments that suites us under the various circumstances.

​To help walk with you in the wealth creation journey join our Personal Wealth Creation Master class by clicking here.

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