The maximum amount of air one can exhale can only occur if one has

inhaled to the capacity of the lungs, that is, the maximum amount.

Likewise, the maximal responsible expenditure of money can only occur

to the maximal limit of one’s ability to produce money

Let’s call it Money Production (MP).

Otherwise, there’s a shortfall or debt situation (bad).

Investing gets you to that maximal limit in the most efficiently repeatable manner.

Therefore, to maximize your MP investing SHOULD BE:

— for the long term

— in things you understand or are in the process of learning

— with resources where you can risk the loss of principal

— practical

— able to let you to meet your goals

— at a minimum, the answer to three basic questions:

● What to buy?

● When to sell?

● What to do with the proceeds?

If you are having a hard time determining a clear, confident and consistent answer to those 3 questions let’s have conversation.

Investing should NOT be:

— for the near term

— in things you do not and will not understand

— with resources you cannot afford to lose (even temporarily)

— emotional

— confused with gambling or going to the casino

— placed ahead of “piff” (Pay Yourself First), fixed expenses or other higher priority money demands

— placed ahead of health, family or other higher priority physical/social/emotional needs

If you have been a practitioner of any or all of the aforementioned “investing” behaviors let’s have a conversation.