Keep your mind open

According to Beau Lotto, all creatures, from honeybees to humans, came to see the world not as it is, but as what proved useful. If you believe in what he demonstrates, keeping your mind open should enable you to see way more.

I am a firm believer of this concept when it comes to opportunities. For those whose mind is open, they see opportunities everywhere. For those others whose mind is closed, they see obstacles instead.

To keep one’s mind open, you have to be willing to put yourself in a vulnerable situation, which is very scary sometimes. Therefore, I am using the Daily Reminder, which is like a personal mantra, to help centering myself and to believe that the universe is benevolent and abundant. Once you have aligned yourself with the positive energy of the universe, you can then see and seize opportunities that come along the way.

Today, we bought a few shares of U.S. stocks that pay about 7% dividend in average. It is true the value of stocks could go down in short term. I do not believe that the value will go down in 8 year, which is about a full economic cycle. We are going to keep these stocks for 8 years or more, therefore, I see today’s purchase as a great opportunity seized to park your cash in high yield investment (7% versus 1% in savings account).

Another point I wish to add here for future reference. According to gurufocus.com, as of today, the Total Market Index is at $ 11067.6 billion, which is about 78.2% of the last reported GDP. The market is therefore considered fairly valued. In our case with real estate, we only bought fairly valued properties and still did very well.