So I'm a young professional, I've had investment accounts for a few years now but I've really started investing in the stock market in a big way the past year or so.
Ever since I started to manage my own brokerage account I've noticed I view money and discretionary purchases differently. For instance I'm big into tech and throwing a few hundred bucks on a nice gadget was always no big deal for me. But now that I've seen the potential in investing that money I can no longer justify a lot of purchases. It started with that but now I find myself holding off on purchasing new clothes or eating out less often so I can take the extra cash and throw it into my account. I look at a $100 item and can't help but think to myself that I'm really spending a lot more (i.e. that $100 invested could be $125 or $150 a while down the road)
Does anyone else have this mindset? It might be because we've been in this crazy bull market where gains come so easily but I feel even in a bear market I'd be thinking the same way as I'd try to save up as much cash to buy a lot of positions at bargain prices.
Submitted March 20, 2018 at 05:16PM by bilosellhi http://ift.tt/2pqHlAO