Grit: The Secret of Success

Updated: Apr 2, 2020



Do the current health crisis and the associated market volatility have you questioning your investment strategy even though it's well thought out and implemented?


A sound investment strategy is an important factor in building wealth over the long-term. But no matter how good your strategy, it’s your willingness to stick with it that will ultimately help you meet your financial objectives.


In this time of great uncertainty, Tim Maurer's (2015) Forbes article The Market Volatility Survival Tool: True Grit seems very relevant. In the article, Tim draws on Angela Ducksworth's work on GRIT to make the case for sticking with a good investment plan. In her book Grit: The Power of Passion and Perseverance Angela demonstrates how one's ability to stay the course is often the defining factor for achieving success in most aspects of life.


The information contained on this page has been provided as general market commentary and for information purposes only. It does not constitute any form of advice nor recommendation to buy or sell any securities or adopt any investment or tax strategy mentioned therein. It is intended only to provide observations and views of the author(s) at the time of writing, both of which are subject to change at any time without prior notice. The information contained in the commentaries is derived from sources deemed by MaimomWealth to be reliable but its not accuracy and completeness cannot be guaranteed. This material does not have regard to specific investment objectives, financial situation and the particular needs of any specific  person who may read it. It is directed only at professional investors as defined by the rules of the relevant regulatory authority. Any views regarding future prospects may or may not be realized. Past performance is no guarantee of future results.


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