Which is better, a full-time investor or a part-time investor?
A new year has begun, and many of you may have already set your goals for this year.
Among them,“This is the year I quit my job and become a full-time investor.”might be some people.
When it comes to asset building through investing, a commonly heard concern isthe choice between being a “full-time” investor or a “part-time” investor
To conclude briefly,I strongly think being a part-time investor is better.
There are several reasons.
- Financial stability
- Mental stability
- If your aim is to earn money, you don’t need to become full-time
About 1.
First, investing is considered successful when, over the long term, the principal grows despite temporary fluctuations up and down.
Therefore, getting anxious or elated over short-term daily gains and losses is pointless.
Even if you earn a little, having a regular income allows you to cover living expenses with your salary even if investing fails.
There is no need to sacrifice your stable, regular income and go all-in on investing.
About 2.
Related to the above, regular, stable income leads to “peace of mind.”
When you think, “If I don’t earn a lot here, my monthly income will be in trouble,” you cannot calmly make investment decisions.So they often say, “Invest with disposable funds.”
Living funds should not be earned through high-risk methods like investing.
First, ensure your basic living foundation is solid; that is a prerequisite to starting investing.
Around you, the investors who seem to be full-time earners often actually have other businesses, run YouTube channels, or have multiple streams of income.
About 3.
In reality, when there are long holidays or times to trade, you can often observe that there aren’t many suitable trading moments within a day.Sometimes the market barely moves, and you end up just staring at the screen without doing anything.
Indeed,
if you have several tens of millions to about 100 million yen,you don’t need to sit in front of the chart all day; a working person can return home after work, have dinner, take a bath, and trade for the time before sleep to earn enough.
Therefore,you don’t need to become full-time to earn big money; in fact,there is little point in becoming full-time.
In this sense, Japanese salaried workers are incredibly fortunate.
After coming home and taking a breath, that is when the “golden time of the market” begins.
Currently, especially among part-timers, they think, “If I could trade all day, I could earn more,”andfull-time traders tend to think, “If this is how hard it is, it would have been easier to be a part-timer.”.
You could call it longing for the unattainable, or the grass is greener...
[Summary]
In Robert Kiyosaki’s famous book Rich Dad Poor Dad, there is a quadrant with the categories “ESBI.”
Among these, only “I” can be combined with the other categories “E,” “S,” and “B.”
The others are effectively mutually exclusive choices.
Therefore, a current employee who is in the “E” category has no choice but to choose “I” if they want to maintain status while becoming wealthy.
If you quit once, finding a job becomes quite difficult again.So why not think about how to stay in the position you have, continue to earn, and become rich?Consider ways to become wealthy while preserving your current labor income.