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Investing require patience

Starting the investment journey as early as possible can make you wealthy. Investing any time is good, but during the process, we will go through a lot of learning processes which is inevitable. Warren Buffet once said that investing is the process of moving wealth from an impatient investor to a patient one. This is very much true especially we're dealing with money growth in the midst of get rich quick segment. Without patience, wealth creation is almost impossible because we jump from one plus to another before reaching the destination.

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Investing with index

Expecting return a way more than the index average can be of greed influence. Index do gives a handsome return that sometimes even surpasses majority of the stock performance. But it is also true that index may stands still for some years. Yet in the very long it is way better than FDs.

FOMO dilemma

With an obsession over a thing, the given effort seems effortless. We will spend hours tirelessly and even make it to the next top level. But we develop this affectionate obsession with only a few items and most of them are addictive as well s destructive. We see this happen with people eagerly waiting for an episode of their favorite TV show. Since we do most of the fundamentals with what is most pleasurable than what is actually productive, we often fall into this trap of fake FOMOs. FOMO can be interpreted in two ways.  The first one is in the form of pleasing the external world. Protecting ourselves from being an idiot in the crowd. This is embarrassing to most people since they seek validation from the external world all the time. They are not allowed to miss what's trending, the new episodes of tv shows, celebrity divorce, millions of viewed videos, and much garbage stuff. In the process of showing the external world that you're up to date with what is happening in the tr...