Read on Twitter
Wisdom Series #1
NEW INVESTORS(<2 yrs) !
Stick to Few HIGH QUALITY & FUNDAMENTALLY strong businesses large or small doesn't matter much.
Observe for sometime before venturing on any quick positional/trading bucks.
Why do I say that ?
Let me relate it to real life story -
1n
NEW INVESTORS(<2 yrs) !
Stick to Few HIGH QUALITY & FUNDAMENTALLY strong businesses large or small doesn't matter much.
Observe for sometime before venturing on any quick positional/trading bucks.
Why do I say that ?
Let me relate it to real life story -
1n
Story about my 4 yr old.
2 yrs back I scared him with BOOO during Hide & Seek. Till this date he is very scared & doesn't want to Seek me.
Why ?
He wasn't mature, the fear broke into his subconscious & he always wanted to avoid situation (seeking me).
On the other hand ..
2n
2 yrs back I scared him with BOOO during Hide & Seek. Till this date he is very scared & doesn't want to Seek me.
Why ?
He wasn't mature, the fear broke into his subconscious & he always wanted to avoid situation (seeking me).
On the other hand ..
2n
I encouraged him to JUMP & take calculated risks.
At 2+ age he could jump 7-8 flight of stairs to me, even 6-7 yr old would not dare. Basically I trained him for an year everyday (step-by-step 1 to 8). I still do.
So gist is you need to train (step-by-step) for the risks !
3n
At 2+ age he could jump 7-8 flight of stairs to me, even 6-7 yr old would not dare. Basically I trained him for an year everyday (step-by-step 1 to 8). I still do.
So gist is you need to train (step-by-step) for the risks !
3n
Uncalculated risks without training (& maturing yourself to them), will lead to losses
Sometimes may be lucky,but understand Gambling & Investing are different
Initial setbacks will register in sub-conscious & terrify you. You may leave markets forever with wrong impression.
4n
Sometimes may be lucky,but understand Gambling & Investing are different
Initial setbacks will register in sub-conscious & terrify you. You may leave markets forever with wrong impression.
4n
Wrong impression will lead you to bad-mouth about share market (Angoor khatte hai) !
So I am not in the camp who say "In order to learn you need to take some losses initially". May be later but Ist you need to boost your confidence & see some profits & learn first step !
5n
So I am not in the camp who say "In order to learn you need to take some losses initially". May be later but Ist you need to boost your confidence & see some profits & learn first step !
5n
Well there is no guarantee that you may not have losses with this approach. If market started falling, it will drag you too but remember with Higher Quality basket of stocks you may fall lesser & recover even faster.
So be wise in your choices !
6n
So be wise in your choices !
6n
