Having enough capital to start off the investing journey is one thing, but whether one is mentally prepared to undertake the road is another. In my opinion it is important to ready up one’s psyche before jumping into the fray, as this mental strength is needed throughout; falter and the whole thing will unwind itself. For this blog post, I will provide a simple three-step guide on whether one is ready for the long arduous investing road ahead.     Picture generated by Meta AI   Step #1: Why Are You Investing? The first thing one needs to know is why he/she is investing. Planning for retirement? That is a good one. Saving up for a kid’s university education? That is another good one, too. Never mind how detailed it will be (i.e., calculating the future value, etc.) as this can be worked along the way. The main thing is to have a goal in sight. If one starts off without any...