Finance

Boosting the Odds of Achieving New Year's Goals with Insights from L. Ron Hubbard

Published January 2, 2024

As the new year begins, many individuals set resolutions with the hope of bettering themselves and their lives. The question, however, remains: what are the chances of maintaining these resolutions throughout 2024? Moreover, is there an effective strategy to ensure these ambitions are realized? A recent study reported by Forbes indicates that on average, resolutions are upheld for just 3.74 months. To combat this trend, some are turning to the teachings of Scientology founder L. Ron Hubbard for guidance. Hubbard's techniques are geared towards personal development, including goal setting and achievement—which could be especially pertinent for those looking to make significant changes in their lives, including financial betterments.

Setting and Achieving Financial Goals

For individuals focused on financial resolutions, be it investment strategies, savings, or diversifying their portfolios, the overarching principle lies in setting clear and attainable goals. Investment success often begins with a strong and actionable plan. "Make your plans fit the circumstances," proposed L. Ron Hubbard. Taking his advice into account, investors might analyze market conditions before committing to investments in different asset classes, represented by securities such as AAPL, TSLA, and AMZN.

Improving Personal Effectiveness

Hubbard emphasized personal effectiveness as a key component in achieving goals. In the realm of finance, this translates to constant learning and staying informed. Investors might benefit from educating themselves on market trends, analyzing financial reports, and monitoring economic indicators which can influence stocks like GOOGL and MSFT. By aligning personal efficiency with financial literacy, investors not only shape their resolutions but also their ability to stay responsive to market dynamics.

Overcoming Obstacles

Challenges are inevitable on the path to goal fulfillment. Hubbard suggested confronting difficulties with a problem-solving approach. In investing terms, this could involve reassessing risk tolerance, revisiting portfolio strategies in light of market volatility, and not letting setbacks derail long-term investment plans for companies represented by tickers such as NFLX and BRK.A.

Maintaining Discipline

One of the most critical aspects of following through on New Year's resolutions is maintaining discipline. This is incredibly pertinent in the investment world, where emotional decisions can lead to hasty transactions with stocks like FB or JPM. Hubbard's advice to "never permit your affinity for people or things to dethrone your common sense" can serve as a mantra for disciplined investing.

Although adhering to New Year's resolutions can be challenging, drawing on L. Ron Hubbard's principles may provide individuals with a framework to enhance their commitment and execution, particularly in the financial sphere. Whether the goals encompass broadening one's investment portfolio or becoming more financially savvy, an approach grounded in clarity, personal effectiveness, resilience, and discipline can set the stage for a prosperous 2024.

success, resolutions, finance