# Money is a Reflection - Investing Source: https://r.32k.io/money-reflect-invest Kiwi News: https://news.kiwistand.com/stories/Money-is-a-Reflection-Investing?index=0x64a7eb4e59f8b9908d7481346d4bc4aa9649e946ebd0bd65a921994bde98563e79664953 Submitted by 11b.eth on 2023-07-07 UTC, 2 upvotes, 0 comments ## Summary The author argues that investing works as a mirror for the heart: reflecting on why you want money and what you would do with it reveals personal motivations that money is often overlooked as a source of. The author says that examining earning, spending and investing habits has improved their relationships and returns, and shares a list of questions to consider before investing, covering emotional state, motivation, company selection, buying and selling. The post notes it is personal opinion, not financial advice. ## Article ← home page April 22, 2020 One of the things I love most about investing is that it gives your heart a mirror. When you reflect on why you want more money and what you’ll do with it, you get a unique glimpse into your heart. Money isn’t the only mirror you have into your heart; things like relationships, families, hobbies will give you insights, but money is often overlooked as a source of heart inspiration. I have been waking up to new realities exposed by the way I earn, spend, and invest. My reflections on my thoughts and behaviors towards money have helped me grow in my relationships and provided improved return on investments. Taking a good, brave look at your money can be a scary but extremely rewarding endeavor! I’ll write about my experience in the realms of earning and spending later, but for now I’d like to share some contemplative questions that I meditate on prior to investing: How am I feeling when I invest Do I feel taken care of? Am I being patient? Am I in a rush? Do I feel comfortable explaining my investments to a friend? Am I feeling anxious? How often am I checking my phone? Am I present in conversation when I have trades open? Do I feel wise? Do I have a good gut feeling or a bad gut feeling? Motivation for Investing What do I want from this experience? Am I making a trade to exercise my decision making process? Am I making short term trades to fund a purchase? Am I looking for long term savings growth for a future family? Picking Things to Invest in What does this company do? Have I purchased their product? Do I enjoy it? Do I like their CEO? Would I want to work there? Is the price of a share over or under valued? Buying a Position Am I making an investment in the future? Am I speculating for a short term profit? Do I feel like I’m throwing darts at a board? If the price of this position declines, can I wait until it recovers? How long will I hold this position? Selling a Position Am I selling at a loss? If so, how come? What will I do with the proceeds? How much tax will I owe on the gains? How will I feel if the position increases substantially tomorrow? 🖖 legal bits: I’m not a certified financial advisor and this is not investment advice –just my personal opinions