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The great Chinese philosopher Lao-tzu
said, “A journey of a thousand miles begins with a single
step.” Twenty-six centuries later, this timeless piece of
wisdom applies quite well to investment planning.
In today’s economy, the task of building an investment portfolio
can seem impossibly complicated. But no matter what strategy you
choose to follow, it’s best to take the long view…and
to remember that you’re not investing for tomorrow or next
month, but for many years down the road.
So your first step on this “journey of a thousand miles”
might be the realization that smart investing takes wisdom, determination,
and patience. That’s as good a place as any to make your
start.
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