How to Become an Investing Alchemist…

There’s a great game, called the Settlers of Catan – Cities and Knights, that has an Alchemist card. The card allows you to set up the dice in any way you want. Very handy in many situations.

Of course the Alchemists of old were best known for their attempts to turn common metals into gold. I’m sure tons of effort was applied to this venture, but as we know, without success.

What really intrigues me, though, is that it appears nobody thought how worthless gold would become if alchemy ever achieved its most lofty goal.

I mean, if you can turn copper or tin or any other abundant metal into gold, then gold would just become another abundant metal.

The value of gold is in its relative scarcity, not the fact it is “gold.”

Anyways, had the efforts succeeded there would have been lots of other benefits to being able to effect the transmutation from one metal to another. But, as we now know, since science is very clear on the matter, the point is moot.

Or is it?

What’s interesting is that good investors do this all the time. They turn knowledge into, literally, gold if they want to – or more likely lots of money.

Every day they use this investing alchemy to grow their wealth. They take ideas and strategies floating around in their minds and make them MORE valuable than gold.

If you’re not an investing alchemist yet, then what are you waiting for?

Correct knowledge is the key to wealth and freedom. And wisdom is even more valuable than knowledge, because wisdom is the ability to APPLY knowledge.

Applied knowledge is priceless.

One of the most important things you can ever “get” as an investor is that, “you are an alchemist.” Not a fake one, but a real one. You find real opportunities in the stock market that are unexploited and you capitalize on them.

You find solid, under-priced companies with strong economic moats and you create money from nothing when all the non-alchemists catch on.

You diversify and allocate your assets using proven methods to ensure your downside is properly protected.

Your life runs so much more smoothly when you don’t have to worry about how you will pay for your future needs and wants.

And… because investing alchemists have a plan in place to handle anything the stock market throws at them, THEY INVEST WITH MUCH LESS STRESS.

Most investors struggle to fully appreciate just how powerful a solid investing strategy really is.

I think many are so tied up with the day-to-day need to make a living, they don’t take the time to truly determine how to grow their investments correctly and automatically.

Yet doing so can generate HUGE returns on their time.

If you take a week or two to properly learn and implement a successful investing strategy, it can pay off by returning decades to you in the future – decades in which you don’t have to work at a job or do what others tell you to do.

Remember, good things don’t happen with your investments until you do something to make them happen.

Don’t sell yourself short.

Start a proper investing regime today and it will pay off like you wouldn’t believe – both now and well into the future.

Of course not everyone knows how to be an alchemist. Not everyone can do it.

Just because it’s easy, doesn’t mean others will learn it.

There’s so much disinformation and bad advice on the Internet today, appealing to people’s natural tendencies to be lazy and greedy, it holds them back… and continues to hold them back as they jump from one crazy scheme to the next or follow the latest hot stock being touted on T.V. or in overpriced advisory newsletters.

The investing world is teeming with outdated strategies and obsolete tactics – not to mention hyped up promises that were never good to begin with.

The greatest danger to your investment success is BAD information… and the Internet contains a LOT of it.

So, is advice on the Internet always bad advice?

Of course not. But how do you tell the difference?

Well, I gave you one method last issue. Plus I’m sure you can think of many more ways.

Today, I want YOU to take control of your investing future. Carefully evaluate every investing idea and pitch you see. If it doesn’t pass your hype-o-meter test, ignore it. Turn off the television. Unsubscribe from the newsletter.

Do whatever it takes to learn the correct way to invest in the stock market.

It will be one of the best things you can do to secure your (and your family’s) financial future.



Like what you just read? Get our best articles delivered directly to your inbox at no cost. Sign up for the Best of the Pragmatic Investor by entering your primary email address below.



The Pragmatic Investor on Facebook The Pragmatic Investor on YouTube The Pragmatic Investor on Twitter The Pragmatic Investor on LinkedIn