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July 2018

Wait

Wait

Gone are the days of the 90s when we, as kids, used to wait for a week to watch Jungle Book every Sunday morning.

 

Expressing our feelings of love to a girl used to take months or even years. Yet, we used to hold on and enjoy the waiting period while anticipating her affirmation.

 

Those were the days when we used to wait for weeks to read the latest editions of Champak, Chacha Chowdhary, Nagaraj and Pinky comics since the distribution channel wasn’t strong.  

 

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Weekend Thoughts by RichifyMeClub

Weekend Thoughts – 6

 

  • One of the biggest challenges I have ever come across is to manage my emotions during the downsides. Even a fundamentally strong stock can go southwards due to weak sentiments. But the emotions that lead to panic selling need to be kept under check
  • A 4-letter word, WAIT, has an immense magical power to make you filthy rich, provided that you are ready to wait
  • Whenever an entrepreneur tries to enter a diversified segment, he gets a thumbs down from the investors. But personalities like Ajay Piramal have done it beautifully. Migrating from Textile to Pharma was itself a huge diversification. And his track record speaks on its own
  • Keep following the process of disciplined investing without worrying much about the outcome. You’ll surely get rewarded in the long-term
  • The difference between how you think you’ll behave and how you really behave during a downside is a deciding factor behind creating wealth
  • Life is of no use if what we all have is just money but no happiness. And if we are really content with what we have, we won’t be able to practice growth. Shouldn’t we live a happily unsatisfied life?
  • Long-term investing consists of many dry spells of zero or negative returns. Don’t get frustrated. After every dry spell, there comes a time when you get remarkable returns in just a few months. Just wait and stay
  • What really matters: Positive Long-Term Returns. What doesn’t really matter: Negative Short-Term Returns

 

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The cover image has been taken from Summit Post

 

 

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weekend thoughts richifymeclub

Weekend Thoughts – 5

 

  • We wish to reap all the benefits of a bull market without bearing even an iota of the brunt in a bear market.
  • In the hindsight, it looks fairly easy that one should have invested at the bottom of the market to reap maximum benefits. But in reality, it’s too tough to time the market.
  • A concentrated portfolio can do much better than the market average when the times are good. And much worse when the times are not good.
  • While trying to beat the market, more often we fall into a trap where the market beats us down.
  • A lot of investors invest in 15-20 schemes just for the sake of reducing risks. It doesn’t make sense. There is no point in over-diversification across the funds when a single fund itself is well-diversified.
  • We live in an era where the abundance of information is just a click away. It’s up to us how we filter the relevant data out of it and skip the non-essentials.
  • Since you don’t have the pressure to present the performance report card in the short-term, you can win. Since you don’t have the restriction to buy a large or small-cap, you can win. Since you can wait for the better deals and sit idle on cash, you can win.
  • Focus primarily on your behavior, not the market behavior.
  • If you believe that volatility is risky then not investing is a lot riskier.

 

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PS: The cover image has been taken from Every Pixel

 

 

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corrections in indian stock markets

A Brief History of Indian Stock Market Corrections

In the hindsight, when we look at the journey of SENSEX, we’ll find that it has been moving in an upward direction. From the base value of 100 in 1979, it took 39 years to touch a peak of 36,500 in 2018. Certainly, the rising index shows the strong economic growth of our country. But the journey has never been a smooth ride. It had its own episodes of ups and downs which led to many stock market corrections.

 

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Weekend Thoughts

Weekend Thoughts – 4

 

  • Be cautious with your life savings whenever you hear about a hot stock-pick from someone. Don’t just invest blindly. Do your own research.
  • You are a smart investor if you believe that timing the market is totally worthless.
  • The real fun is in buying quality and waiting.
  • Speculation brings Excitement but highly Dangerous. Investing brings Boredom but highly Rewarding in the long-term.
  • Sachin Tendulkar won his maiden ICC World Cup in his 6th attempt. He continued his investment process over a period of 22 years. Dasrath Manjhi continued his process for 22 years to carve a 110-meter long path deep through a mountain. If they can, we too can. Stay Invested.
  • Mr. Market gives us an opportunity to invest in a business of our own choice even if we don’t have enough capital to start our own business.
  • First of all, we buy them at their peaks in late 2017. And then, we sell them when they fall down in 2018.
  • I have observed that people have become a lot more cautious in 2018 when the stocks have started falling down. I didn’t notice the same emotions when stocks were rising in 2017 since they were a lot riskier then.
  • A stock going up always attracts our attention while it scares us a bit when goes down. And during this whole process, we take our decision based on how we feel, not what we know.

 

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PS: The cover image has been taken from Photo Travellings

 

 

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