In his book "The Big Leap", the famous psychologist Gay Hendricks explains that our zone of competence prevents us from reaching our zone of genius.
We are so comfortable there (the security of a job, the comfort, a form of success) that we don't dare to leave it.
The problem?
It creates a frustration that gradually eats us away.
But what is the link with our "financial dreams"
1. I see an analogy with the way we invest.
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For years I was afraid of the financial markets. So my refuge was safe products. (Like term accounts).
Like the competence zone, they were not good tools for my dream of financial independence.
I didn't risk losing but also didn't risk gaining much.