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The Importance of Being Thankful for Your Investments (and for Your Life) Never underestimate the power of gratitude.

By Phil Town

Opinions expressed by Entrepreneur contributors are their own.

In this video, Entrepreneur Network partner Phil Town explains how to remain thankful in life and in finance. He describes a snowball effect, where the more you prepare to be grateful, the more things you will find to be grateful for, after which more positive things will flow to you.

As a starting point, you can thank those who have taught you valuable life lessons. These people have imparted advice to you that you were formerly unaware of, so try to honor them when you can.

Simlarly, if you wish to be thankful as an investor, invest in companies that are important to you. Putting your money behind a certain company is equal to communicating you support its vision of the world.

Click the video to hear more about tactics for showing gratitude.

Related: Financial Quiz: How Adept Are You at Investing?

Entrepreneur Network is a premium video network providing entertainment, ewitducation and inspiration from successful entrepreneurs and thought leaders. We provide expertise and opportunities to accelerate brand growth and effectively monetize video and audio content distributed across all digital platforms for the business genre.

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Phil Town is an Investment Advisor, Hedge Fund Manager, 2x New York Times Best-Selling Author of Rule #1 & Payback Time, and Ex-Grand Canyon River Rafting Guide. Rule #1 Investing is Warren Buffett style investing, teaching you how to buy businesses on sale, with little risk and 15 percent returns. In fact, Rule #1 investing is practically immune to the ups and downs of the stock market.

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