We are probably familiar with a similarity between fishing as a hobby and investing in stocks which is that both require patience.
What about gardening?
I believe it requires plenty of patience too especially if we decide to grow plants from seeds.
I decided to grow Sunflowers from seeds recently and here are some photos taken over the last one week with the last one being the most recent:
Gardening not only requires patience but also understanding and accepting that some seeds are bad and will never germinate.
No matter how good a gardener we are, this is something we have to accept.
As long as we have more good seeds than bad ones, we should be happy.
How does this tie in with investing in stocks?
Hint:
"In this business, if you're good, you're right six times out of ten.
"You're never going to be right nine times out of ten." - Peter Lynch
Related posts:
1. Investing or gardening...?
2. Know our goals...
3. How to have peace of mind as investors?