Prajna Capital - An Investment Guide

All goals, including financial ones, must be envisioned. You must know exactly what you want, because if you don’t, how will you ever attain it? Have a passionate desire to achieve your goals. If your attitude towards building financial independence for you and your family is, “It would be nice,” you should probably forget it. You must have desire as well as discipline, because it will take that to become knowledgeable and follow through in the many areas discussed in these posts Now, make sure your goals are well defined and measurable . As an example, you shouldn’t have, “become wealthy” as a goal because it’s not measurable. What cannot be measured cannot be achieved . If you say you want a million dollars in 35 years when you retire, however, that’s measurable. Short and intermediate goals will be required to get you where you want to go. If you want a million dollars in 35 years, start by breaking down what you think you will need 15 years from now and 5 years from now to...