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I was a value trap. My own stock was cheap for a reason.

May 15
2 min read

Running through Central Park on the west side of Manhattan

— the financial capital of the world, and arguably the easiest city on earth to compare yourself to others.


Skyscrapers to your left.

Young ambition on the right.


And there I was, ten years ago, deeply jealous of a more successful friend.


But in investing, we compare companies with one another to see if one is cheaper or more expensive.


If there is a catalyst to either short the expensive one and/or

buy the cheaper stock.

But cheap stocks might be cheap for a reason.


This is called a value trap.


I was that stock. I was a value trap.


Listening to Mel Robbins recently, she reminded me that comparison is evil — unless you use it as fuel.


Back then, I was using it as a prison.


Then a catalyst hit me.


A spark.


I realized I wasn't being held back by my friend's success, by the market, or by the city.

I was being held back by me.


I was my own worst enemy.


The moment I stopped comparing my price tag to everyone else's and made a decision about who I wanted to become — everything changed.


That defining moment became the greatest discovery of my life.


What is standing in your way... becomes the way.


Are you finally ready to reprice yourself? It all starts with a spark!


Tiffany Kent

Your Friendly Wealth Engagement Guide


Disclosures: Past performance is not indicative of future results. This material is not financial advice or an offer to sell any product. The information contained herein should not be considered a recommendation to purchase or sell any particular security. Forward-looking statements cannot be guaranteed.


This commentary offers generalized research, not personalized investment advice. It is for informational purposes only and does not constitute a complete description of our investment services or performance. Nothing in this commentary should be interpreted to state or imply that past results are an indication of future investment returns. All investments involve risk and, unless otherwise stated, are not guaranteed. Be sure to consult with an investment & tax professional before implementing any investment strategy. Investing involves risk. Principal loss is possible.  


1 Comment


Michael
Michael
May 18

Dear Tiffany, I am always impressed and inpsired by your continuing journey to examine, plan, risk and act. Many people move through the world not realizing their life's rudder is actually in their hands and the sooner they realize it they also gain the ability to make course corrections.

Best Wishes,

Michael

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Wealth Engagement LLC is an SEC-registered investment adviser located in Atlanta, Georgia. Registration does not imply a particular level of skill or training. Information presented on this website is for informational purposes only and is not individualized investment, legal or tax advice. Nothing on this website constitutes an offer or solicitation to buy or sell any security. Investing involves risk, including possible loss of principal. Additional information about Wealth Engagement LLC is available through the SEC’s Investment Adviser Public Disclosure website.

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Atlanta, GA  30327

Office: (404) 343-2060

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