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Up or Down Which is Better?
Obviously up is better right? Things are looking up, or if someone says, “there’s a lot of upside to this” that sounds great. Compare that to we’re on the way down, or there’s a lot of downside to this, those don’t sound so good. How about a thumbs up, great, versus thumbs down, bad.
In our financial life we want our investments to go up and we want to buy low and sell high. When things are going well it’s said that they’re looking up.
Up is not always good, however.
Have you ever ridden a bike? Up a really steep hill or a not so steep but long incline?
Up totally sucks then. When something is difficult it’s described as an uphill climb or an uphill struggle. Up doesn’t sound so good any more.
Even on a bike, up is still a good thing, however, because those uphill climbs are like interval training where you mix hard efforts with easy efforts to the overall benefit of your training and conditioning. The hard effort pushes you to realize strength you didn’t know you had, builds confidence and experience.
Down also has some positives especially on a bike as you’re able to rest or coast down hill for a while or, if you keep pedaling, increase the gearing, you’re able build speed on the downhill. Be careful if you choose to coast, however, because while that sounds like a…