《East Asia Economic Online column currently published》How to set appropriate goals
Good morning, this is Matsushita.
It has been a little late, but
many people set goals for the year and for the future in January,
so I will explain the proper way to set goals in investing.
In business and various success principles,
regarding the realization of goals and dreams,
1. a distant large goal (target), and
2. a nearby small goal (target),
are often considered.
If you work hard, you can realize it in the near future,
and by realizing it, you will eventually reach the distant large
goal (target). By setting and achieving smaller immediate goals in sequence,
you will reliably reach the far larger goal (target).
This is a method to reach the distant large goal (target)
step by step.
In marathons and long-distance running,
you keep pushing toward the near checkpoints,
maintaining motivation toward the goal.
This is the image.
Keep this in mind and set your distant goal (target)
and your near goal (target).
Next, in investing, when people hear goal,
many tend to set money targets.
For example, “to acquire assets worth 100 million yen.”
This corresponds to a distant goal (target) in the above framework.
The profit figures are simply the results of specific trades,
and the near goal (target) is to make a profit on each trade,
and beyond that, the realization of a target amount comes.
Therefore, as near goals (targets),
a rule must be established to make a profit on each trade,
and that rule will be set.
Even if you want to create rules,
you may not know where to start,
you may not know what to do,
and I think most people feel this way, so
“studying the rules” becomes the preceding near goal (target).
By learning the rules,
you will understand the needs for environmental awareness and entry signals,
points for stop-loss and take-profit,
methods for calculating trading size,
and if you realize these are needed,
deciding each element that makes up the rules will bring you even closer to the next
goal (target).
And to decide these,
the goal (target) of “studying/learning” is set.
Studying/learning is a concrete task,
and thus you can concretely measure whether you have reached the goal.
For example, “read a previously purchased investment book that you have not read yet within January.”
Similarly, “watch the investment教材 DVDs three times,”
“attend Matsushita Makoto’s Investment Seminar” can be set as nearby small goals. (laugh)
Thus, to realize the distant goal of acquiring assets worth 100 million yen
(even 1 billion or 10 billion yen is fine),
by detailing what you will achieve this year,
the rest is to act toward the near-term goals (targets).
Anyone who has achieved something in the past has, in a big or small way, done this
and achieved things.
This January is a month when everyone can renew their resolve and
set goals more easily and move toward them more easily.
Please decide your future goals (targets).
I was told once that “success begins with a decision.”
I would like to rephrase this as “if you decide, you will succeed,”
and present this to you.
Take a little time to
decide your distant goal (target) and your near goal (target).
Please decide now!
