Traffic Jam Investing

Making money is not easy, well at least for the author at this moment. What should you focus on? Adding value, cutting costs, arbitrage, making a good margin of profit, diversifying, working 6 jobs, having 3 businesses, focusing in on one, networking, informing those around you about what you do, being open to work, committing yourself to a longtime job position, reading? Why does time have to be a factor? Such a traffic jam time can be.

I’ve been looking at The Rock’s ( Dwayne Johnson ) career lately, he’s become a massive ( lightly seasoned pun intended, he’s built ) success in business. He’s now as of this writing 45 years old/young ( perspective ) and worth according to those super reliable net worth sites that come up when you google “The Rock’s net worth” $220 million green backs. Somehow I was trying to lead into how before a couple years ago he was worth a lot less and has compounded his success but here we are. Once you make $64 million monies and have that steady success going it’s not as hard to make another and thus getting there takes a long time (some longer some shorter ) but once you hit a good number and apply the relative success to it then it adds up real quick. Making 50% on $64 million rather than 600% on less.

Back to my financial questioning, I may have taken a lesson from Mr. Johnson and it’s to just keep going, might be hard to get to that first million but if you follow Warren Edward Buffet’s two rules or originally Benjamin Graham’s rules of 1. Don’t lose money and 2. Don’t forget rule number 1 then IN TIME success is yours, unless you die before that happens.

Eddie