The Shoulda, Coulda, Woulda, Mindset Of Investing

How investors miss potential lucrative opportunities because "It wasn't the right time"...

You've heard stories before, that friend or family member who missed out on that mythical investment opportunity. You know that uncle, aunt, or friend that tells you the story of being offered that amazing stock. You know that stock that became Microsoft. The person telling the story always has some grand excuse to why they skipped out on the deal of a lifetime. But you know deep down as you listened to their story that they are kicking themselves for not making it happen. You are thinking to yourself that if you had that same opportunity there's no way you would have passed it over. Everyone has the potential for the "shoulda, coulda, woulda psychology. Let's talk about the shoulda, coulda , woulda, and the negative affects it has on your success.

The Shoulda is what we tell ourselves we should have done in stead of what was actually done. I should have listened a bit longer to that investment opportunity. I should have not listened to that broke person. You know the one who doesn't have two nickels to rub together but is an investment Guru. The I "shoulda" done this or that is a debilitating excuse that holds success at bay.

The Coulda is all the thing you could have done to invest in that missed opportunity, but you didn't. I could have worked a bit harder on the weekends to make some extra money to invest. I could have taken out that small loan or borrowed from a family member, but I didn't. I don't recommend borrowing money for investment purposes. But I have read stories of people borrowing for investments, and making a killing on the ROI.

The Woulda is all the excuses people make when they are afraid to trust their gut instincts. Sometimes the "woulda" is backed by just enough research to support a regrettable decisions. The woulda is usually followed by the "if only". I woulda got into that investment early "if only" the market wasn't on a downturn. This excuse I've actually heard with my own ears. Him; I woulda invested in Bitcoin years ago "if only" I knew more about it at the time. Me; do you know about Bitcoin or cryptocurrency investing now? Him; No. Me; Why not? Him; It's just to complicated and I don't have a the time to learn. This person is obviously on the same path today as he was when he missed the first Bitcoin opportunity.

Don't be a shoulda, coulda, woulda, person. There is no satisfaction from possessing this type of psychology about investment decisions. Definitely do not take investment advice from the shoulda, coulda, woulda type person. The shoulda, coulda, woulda person isn't going anywhere in life, but would love to have your company. Beware, the shoulda, coulda, woulda person sounds knowledgable, but have nothing to show for it. You are better off digging in, doing your own investment opportunity research. Make your own mistakes and let those mistakes be your education.

The good thing about looking at cryptocurrency as a solid investment is most people are in the same boat as you. Learning... Crypto trading is still new, so ground floor opportunities are everywhere. Hell I'll give you a crypto opportunity right now! Goal Phoenix Crypto. Soon you'll be able to earn affiliate commissions from boosting the project. It just doesn't get anymore "ground floor" than that. Is this your opportunity to overcome your shoulda, coulda, woulda's? Maybe... but that's a question only you can answer for yourself.

Respectfully,

Michaelson Williams, TSX, Editor-n-Chief at MMAP Magazine

Founder of KARMARMY - Good Karma Army Community here on read.cash

I am the host of the True Success Xpert Podcast where I interview and sometimes am interviewed by some new age entrepreneurship. This podcast is always exciting and intriguing as the conversations cover a broad spectrum of topics.