Financial Planning- Playing The Numbers Game

"Don't judge each day by the harvest you reap, but by the seeds you plant."- Robert Louis Stevenson

I read with interest an article recently that seek to encourage the legalizing of “the numbers game.” While the writer made his case these lines makes another case “I am beginning to think, however, that this number is never going to fall, but whenever it does, rest assured that I shall recoup some of what I have already invested in it”

Not withstanding the excitement of the game or the fact that persons especially the number house operators have benefited. The truth is you have a better chance of drowning in your own bathtub or being struck by lightening than ever getting the money back that you have spent on playing numbers.

Playing the numbers game goes against the tenants of my view on investing that is “the key to making money is not to lose it!” Whenever an investment loses money then it is not a good investment.

So the question you must always ask yourself is “what are the ways that I can lose money with this investment?” You are not ready to invest until you are able to answer this question.

You should only focus on investments that guarantee the return of your money first. Once your money is secure then you should consider the returns on your investment.

You may not know but there is a much better numbers game that you can use to dramatically increase your financial position. It is far less visible, but far more powerful than the numbers game you may be accustom to. It is compounding.

Albert Einstein described compounding as “the eight wonder of the world” and you can easily put this force to work for you.

To Read More Go Here Playing The Numbers Game