Jack Be Nimble, Jack Be Swift

When I was a kid, I loved cliff jumping. I also hated it. 

We would line up, and friend after friend would jump out and into the water. I would always be excited and eager for my turn... and then I would inevitably hesitate or freeze before that first jump. I would stand on the edge, yelling at myself to go. GO. GO!!! 

Eventually, I'd work up the courage to go and, inevitably, I'd always enjoy it and have no problems with future jumps. 

Recently, I lost out on a tremendous opportunity for a flip. While there were a few other factors that contributed to losing it, it boiled down to hesitating. 

My W2 job is currently located on an island that often has horrible reception. We were planning to place our offer in the morning, but I wanted to confirm some details with my partner before I gave the go ahead. We were finally ready to send in our offer at 5:20pm. The property had gone pending at 3:00pm. I had missed it by mere hours.

Looking back on the experience, I wasn't wrong to want to have accurate and clear information before submitting an offer. But I already had that. I was just looking for more. It was, in a way, a form of analysis paralysis. I should have authorized the offer earlier, but I froze. My gut was yelling, go, GO. GO! But my mind said, I just need to be sure...

I've since learned that, as an investor, I need to like Jack. Sometimes you must be nimble and quick, in order to jump over the candlestick and earn your financial freedom.