Big Picture
(Avoid Short Term Temptation)
Eat Healthy & Long Term Vision
The ability to overcome temptation and effectively say no is critical not only to your physical health, but also to maintaining a sense of well–being and control in your mental health. Absolutely there is no harm in having cookies but having too much sugar every time can lead to unhealthy habit & can cause serious health problems in long term. Similarly in Business or career Long
term goals has much importance to our sense of happiness and well-being than
many people come to believe. They direct our actions. They provide us with a
sense of purpose. They even shape our attitude towards objects, people and
circumstances that surround us.
Avoid Short Term Temptations
Just like the too much sweets, drugs & alcohol provide us with an immediate satisfaction. In the moment, we see how incredibly enticing that temptation looks and all we can think about is how amazing it will be if we do it. Well,
temptation is everywhere .It is just as an immediate, pleasurable urge and/or
impulse that disrupts an individual’s ability to wait for the long-term goals
that individual hopes to attain. More informally, temptation
may be used to mean “the state of being attracted and enticed” without anything
to do with moral, ethical or ideological valuation called as short term
temptation.
See Big Picture - Long Term Vision
Wealth Creation- Long Term Process
Above quote by warren buffett " Someone's Sitting in the shade today because someone planted a tree a long time ago". It clearly states Wealth creation is long term process.Timing investment is logically impossible because the best entry and exit opportunities are known only in hindsight. Therefore, what is important is to allow your investments to compound over a long time & all these investments will end up in creating passive income for you.
Rasmeet
Green Hedge Capital
