Content Provided by Sierra Morris, CLS Junior Investment Research Analyst
Now that it is January, a lot of people are focusing on what they would like to change about themselves over the course of the year. I’ve never participated in ‘New Year – New You’ goals in the past, but I made a resolution to start making resolutions this year. Sitting down to decide what I would like to accomplish in 2014 is the easy part, the more important part is deciding how I will make myself accountable for reaching these goals. I came to the conclusion that writing these down in a blog would expose my goals to enough people that I would be too embarrassed to explain and make excuses on why something I set out to do was not accomplished. Without further delay, here is not what I hope to do, but what I WILL do in 2014.
- Read one professional book a month. I have always enjoyed reading and it is not uncommon for me to read a couple books a week. However, when people ask me what I have read recently and what I have learned, I always have to mumble under my breath about learning how to defeat a dragon or what weaknesses the fae queen has. I don’t want to eliminate reading only for enjoyment, but I have made a conscious decision to read a book that will add to my professional knowledge at least once a month. One book that I keep hearing about that is on my list is, “Poor Charlie’s Almanac: The Wit and Wisdom of Charles T. Munger.”
- 2. Start a master’s degree. May will mark one year since I graduated with my undergraduate degree. While I understand that this will suck a lot of my time, I also know that the longer I wait the harder it will be for me to re-enroll and get back in the swing of night classes. I have always known that I wanted to pursue a master’s degree and it looks like this will be the year that happens.
- Record all investment decisions and review quarterly. Without recording decisions and rationale, how will I know where all of my successes and failures were? By keeping a running record, I will be able to review trends and prevent myself from making the same mistakes over and over again and hopefully pick up some good habits along the way.
- Gain a basic understanding of coding. I have never been very tech savvy, although I do understand the importance knowing how to use all the tools available to us. For this reason I thought I would learn a bit about the intriguing (and intimidating) language of coding. My goal isn’t to become the next app developer, but rather to know enough to hold a basic conversation with someone on the subject without going cross-eyed. I plan on using www.khanacademy.com and their step by step tutorials to accomplish this.
- Wedding Planning. Ok I realize that planning a wedding isn’t much of a ‘resolution,’ but after starting the planning this weekend I am realizing just how much time and effort this will be, so I am listing it as a to-do accomplishment this year. Extra points added if I can do this without turning into a ball of stress.
Let me know in the comments section what your resolutions are for this year or if you have any books for me to add to my list!