On Balancing the Long-Term with the Short-Term

On Balancing the Long-Term with the Short-Term

Topic:Personal
Posted on:Nov 18 2016
Captured by:Austin M
Method:Previous Writings

My whole life has been a combination of short-term and long-term investments. In a sense, I am very sensitive to the cash conversion cycle of my own production. Twenty years ago I made investments in myself that I do not expect to pay off for yet another 20 years. But all along the way, I built a “cash position” with the rapid conversion of a small percentage of my activities into a “monetizable offering”.

The key here is to adjust the differential between the short-term and the long-term so that one has a strong enough financial position to continue generating those major investments that will have the longest and greatest impact.

 

1 Comment

  1. John Albritton says:

    And like all Creators, we must wait patiently to see this "investments" ability to produce return. The most precious, yet most dangerous, gift this investment has been given is… choice.

Leave a Reply

Your email address will not be published.