In the context of investing and building a legacy, the language we use can have a significant impact on the outcomes we achieve. Proverbs 18:21 tells us, "Death and life are in the power of the tongue, and those who love it will eat its fruits." This verse highlights the power of our words in shaping our lives. When we focus on wanting something, we may unintentionally adopt a mindset that centers on what we lack rather than what we desire to create. This is especially true in financial planning and legacy building, where the words we use can shape our approach to wealth and abundance.
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In the world of investing, self-deception can manifest as seeking shortcuts to success—pursuing wealth without the necessary discipline, risk without understanding, or quick returns without patience. The temptation to prioritize comfort over truth can lead to decisions based on fantasy and wishful thinking rather than sound principles. As Benjamin Graham, the father of value investing, famously said, "The investor's chief problem, and even his worst enemy, is likely to be himself."
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When we base our self-worth on external achievements, we become vulnerable to every criticism and setback. It's easy to fall into the trap of thinking, "I must be unworthy because I failed," or "I'm not good enough because I didn't meet my goals." But this is the greatest lie we can believe.
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The Price of Indifference
"The price good men pay for indifference to public affairs is to be ruled by evil men." – Plato.
This profound observation by Plato speaks to the heart of our modern predicament, even in the world of investing. In a landscape filled with noise and distraction, those who remain indifferent to truth and justice often find themselves governed by those who exploit ignorance and apathy. Proverbs 29:2 echoes this sentiment: "When the righteous increase, the people rejoice, but when the wicked rule, the people groan." At Limitless Capital Management, we believe that active and informed participation in financial decisions is essential for fostering a just and prosperous society.
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As investors, we often face a world that feels equally complex and overwhelming. The markets can seem like a vast, indifferent cosmos, where clarity and certainty are rare commodities. Yet, just as David found comfort in God's mindfulness, we too can find guidance and reassurance in timeless principles.
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A recent study shows that teaching a child what to do rather than what not to do is more profitable. Telling them not to do something often awakens their curiosity and causes an inverse reaction to the command, increasing their desire to do the forbidden thing. Harvard neuroscientists found that positive parenting contributes to better functioning in brain regions associated with emotions and cognition during the teen years. It also has long-term benefits, including better relationships, mental health, and well-being during adulthood.
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Individuals with a fixed mindset tend to avoid challenges and give up easily when obstacles arise. They may also feel threatened by others' success and view criticism as a personal attack instead of an opportunity to grow. These limiting beliefs can create a rift in your relationship with God, making it difficult to connect with Him and understand His plan for your life.
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Starting your day with gratitude can profoundly impact your investment journey. Acknowledging the goodness of God and all He has provided for our well-being, prosperity, and success can create a mindset of abundance and positivity.
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Though this can be easily stated, accomplishing it can be extremely challenging, mainly because of the many distractions that people and life present. The skill of focus and the commitment to discipline one must cultivate to arrive at this alignment and clarity of purpose takes time. Therefore, we must allow patience to have its perfect work. James 1:4 reminds us, "Let perseverance finish its work so that you may be mature and complete, not lacking anything." The Bible is clear that a double-minded mind will not receive anything from God. As stated in James 1:8, "Such a person is double-minded and unstable in all they do." Aligning one's mind, will, and emotions are mandatory and visible once one's thoughts, words, and actions align.
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In today's world, more than at any other time in history, we are bombarded with messages designed to mislead, deceive, and confuse. Society often teaches us to conform to a set of rules that serve the interests of the ruling classes, making it difficult to realize that our perceived freedom frequently masks a deeper enslavement.
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