10 Life Lessons from Stock Investing

What is the fuss?

Investing in stocks, creating wealth, and setting financial goals are deeply personal. As we embark on the long journey of creating wealth for us and, hopefully, our future generations, we learn and unlearn a lot.

Our upbringing shapes how we view money and how we use it. Are we okay with having just enough to meet our needs, or do we want everything possible, even if it means using credit and debt?

Then, as we enter the real world without the supportive gaze of our parents, our hopes, ambitions, and the world around us shape our thoughts and goals.

We all are hit by untoward situations that wreak us financially. That surprise layoff, unplanned family emergency, or that instance of online scam where you lost thousands of hard-saved money.

These experiences shape our decision-making mind, tolerance for taking risks, and mental model to pick stocks. The more you know how the stock market works, the more there is for the stock market to teach you.

As I navigated the investing world, I learned some important lessons, often by erring first myself. To my surprise, these lessons were applicable not only in the world of investing but also in real life.