Invest in this stock ASAP to pay off your student loans quickly!

Michael Benjamin

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I’m sure you’ve noticed it’s been a crazy week with the stock market. Whether you invest in the stock market yourself or not, you probably heard about GameStop and AMC. You probably heard about the fact that the stock value has gone up drastically over the last week. And that brings me to my next point.

I had a conversation with a friend that felt bummed about the fact that they didn’t get in “early enough” with the stock market craziness that has been going on. I say that to say: don’t spend your entire life trying to become rich in two weeks.

With the stock market and investing, you have to take into consideration your plan. Be patient. Furthermore, you have to assess your WHY. If GameStop and AMC were not a part of your WHY or reasoning for trading or investing in stocks, you already lost and are operating emotionally. I always say that money is a tool that most people operate emotionally with, but in order to have an effective relationship with money and accomplish things like paying off your student loans in a timely manner, you need to operate logically. Operating logically means sticking to your plan. If the only reason you’re now interested in GameStop and AMC is because of what everyone has been saying and what’s been going on, you’ve lost.

When I tell you not to spend your entire life trying to become rich in two weeks, this is a universal message. We’re about to get into the stock that will help you pay off any amount of student loan debt you have, stick with me. You won’t become rich off of one house, so don’t worry about missing one stock opportunity, especially if it wasn’t in your plan in the first place. The discipline, consistency and effort of your strategic plan is what will make you rich or wealthy. If you acquire money quickly, you’re more likely to lose it even quicker, so stick to your plan. You have to be smart while you tread these financial waters.

You have to understand that you need to operate logically versus emotionally. Emotion is like a wavelength that is unpredictable. It goes up and down, and up and down inconsistently. That’s very similar to what’s going on in the stock market currently. If it’s going up now, what direction do you think it will eventually go?

Down!

Because the market is emotional, most people mirror its behavior and act emotional, not knowing when they should leave, due to greed. This is a dangerous game to play and why we need to prioritize LOGIC because logic means you have the mental capacity to not only understand when you need to leave the market, but more importantly, you understand that you won’t become rich in two weeks and will follow your plan. That goes for your strategy to pay off your student loans as well. How you do anything is how you do everything.

Focus on compounded effort. Focus on improving a little bit each day. If you can improve by 1% daily, after a year you’ll be 365% better. When you’re disciplined, consistent and you put focused effort towards your pursuit, you’ll win each and every single time. I repeat that point to reiterate that you should stop chasing waterfalls. Stop chasing waterfalls, and instead stick to the lake or river that you’re used to. The market does not care about you and will do what it does, so the best stock you can invest in is the following stock:

$YRSLF

If you missed my point, the best stock to invest in is investing in yourself. Warren Buffett said, “The best investment you will ever make is in yourself.” Take your time and learn the fundamentals required to succeed at your current pursuit. Be patient.

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Learning the fundamentals includes assessing your relationship with money. Before you even invest in stocks or attempt to pay off your debt, do you understand how you feel about money? Do you know what your relationship with money is? These are important questions you need to ask yourself before you proceed emotionally and jeopardize your chance at creating a wealthy future for yourself. Understand when you know your WHY is to help your kids, you’re going to think twice before making an emotional decision within the stock market, because you’ll know the more reasonable choice is to follow the logical approach. Furthermore, you’ll more likely invest in yourself, because you’ll understand that will give you the best return in order to satisfy that WHY or your plan for wealth.

My bread and butter is helping people pay off their student loans quickly through taking control of their relationship with money and reprogramming their mindset. However, my teachings favor using your WHY as a foundation for your execution, so the universal message still applies, because you have to be patient and learn the foundational material. Even though I support quick debt payoff, my point is don’t let your emotions take control of you when it comes to making monetary decisions. Instead, invest in yourself and stick to your plan and continue to take time learning the fundamentals.

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I was blessed to pay off my student loans within one year back when I was 23-years-old so my mission is to help you pay off your student loans quickly through taking control of your relationship with money, while helping you with strategies and tips to pay off your debt quickly.

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