Investing Is Not What Most People Think

Many people think that investing is this exciting process where there is a lot of drama. They think investing involves a lot of risk, luck, timing and hot tips. Some realize that they know very little about this mysterious subject. So they entrust their faith and money to someone they hope knows more than they do. Many other so-called investors want to prove that they can outsmart the market. Actually, this is not investing. This is more like gambling or should be described as guessing.

"Investing is a plan, often a dull, boring and almost mechanical process of getting rich."

Robert Kiyosaki

So according to Robert Kiyosaki, the correct definition or attitude towards investing should be something stated above. Investing is simply a plan, made up of formulas and strategies or a system that will almost guaranteed for getting rich. Of course, there are always some systematic risks that are unavoidable. Thus, investing does not have to be risky, dangerous and exciting.

So it is just common sense for anyone wishes to achieve financial freedom to find a plan or recipe to be rich and follow it. Why try to make your own unproven recipe when someone else has already shown you the way?

In fact, following a simple plan to become rich is boring. Also, human beings are quickly get bored and want to find something more exciting and amusing. That's why very few people ever become rich. They start following a plan and soon they are bored. So they stop following the first plan and look for a magic way to get rich quick. Soon after, they are trapped and fall prey to the "Get Rich Quick Scheme".

Most people cannot stand the boredom of following a simple and uncomplicated plan. They repeat the process of boredom, amusement and boredom again for the rest of their lives. They think that if investing is not complicated, it cannot be a good plan. In fact when it comes to investing, simple is better than complex.

As an example, most of us have played Monopoly as children. The formula and strategy involved is simply buy four green houses and then exchange them for a red hotel. Believe it of not, playing Monopoly in real life were what some of the successful entrepreneurs were doing. Once they learnt the formula, the process became automatic. They could do it even when they were sleeping and without much thinking.

So just find one simple formula and follow it. Nobody needs to be a rocket scientist to be rich. All one needs to do is simply know what is wanted, have a plan and stick to the plan. In other words, all it takes is a little discipline.