If you look at investing in terms of an athletic event, it’s more of a marathon than a sprint. So as an investor, you can learn a few things from marathoners.
First, be prepared. Marathoners train for months, and sometimes years. As an investor, you can prepare by learning about different asset classes and risk factors.
Also, show patience and perseverance. Marathoners deal with injuries and other setbacks but still manage to prevail. When you invest, you’ll face obstacles, such as market downturns. But if you keep following a proven investment strategy, you can succeed.
Finally, get proper coaching. Marathoners either work with coaches or attend clinics to learn how to run their grueling race. As you work toward your important goals, you can benefit from the help of a financial professional.
You can learn a lot from marathoners. Put this knowledge to work soon.
This article was written by Edward Jones for use by your local Edward Jones Financial Advisor.