Even passive activities can be relentless
Last 2 posts I have been talking about being relentless with respect to Marketing and sales of various kinds
Today I will be talking about how I realised that the systematic investment plans or SIPS are a different kind of relentless activity.
I have mentioned multiple times that you should give a mandate to your your ETF or mutual fund to deduct the amount directly from your account and invest.
On one level this becomes a passive activity because you are no longer involving your brain to make a decision.
However we have also noted that being relentless is a habit which is needed if you want to succeed systematically rather than episodically.
So where’s the paradox.
If you have to become wealthy then you have to invest relentlessly on a regular basis. A systematic investment plan is also a regular, consistent activity a.k.a relentless. The only difference being that you don’t need to tax your brain. You are automating the process of being relentless for your investment.
To that extent it’s an ideal opportunity….you have outsourced your relentless activity to a system….and you can become wealthy on the way
Think about it…..small amounts of money invested relentlessly…taking advantage of the magic of compounding…can get you financial freedom.
Till next time,.