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Dr. Jim Dahle is the founder of the site whitecoatinvestor.com[/caption]
Financial planning is all about patience according to Dr. Jim Dahle, The White Coat Investor. Dahle breaks it down like this:
Dr. Jim Dahle is the founder of the site whitecoatinvestor.com[/caption]
Financial planning is all about patience according to Dr. Jim Dahle, The White Coat Investor. Dahle breaks it down like this:
Life Is the Climb, Not the Summit
I have been climbing for a long time. Non-climbers often think people ascend mountains in order to reach the summit. But the truth is that the best part of a climb is almost never the summit. I don’t go climbing to stand on the summit. Neither do I manage my finances just to reach my goals. I also enjoy the feeling of moving toward the accomplishment of those goals.
Distract Yourself
Have you ever lost yourself in a monotonous task by thinking of something else? I often do this while on a long run. I actually hate running, but I do like that it keeps me in shape to do the things I really enjoy. If you’re frustrated that you haven’t reached financial goals that you are on track to eventually reach, then feel free to distract yourself. Personal finance and investing isn’t so time-consuming that you even have to think about it every month, much less every day.
