Any investment we do must be fro our own analysis and study. In the financial market, we see people investing in stocks and bonds based on what they hear form their friends and colleagues. They say "it may give good returns". If we want to invest and don't know how to do oit, then most probably the chances would results in we slaying towards the tips and news. The good part about tips and news is that its role as an educator. We can look into the specific financial advice and draw our own conclusions based on our analysis. Investing based on pure news and tips is a disaster. It may give handful of returns in the short term, but in the long term it is dangerous.
Genuine conviction is invariably born from firsthand experience. This is because, innately, our belief systems are wired to accept anything that can be perceived through our sensory experiences, a trait that evolved during our ancestral hunting epochs. Once we acquire such direct experiences, no further evidence is required to cement our belief. These experiences thus become the compass by which we navigate our existence. Hence, the optimum method of learning is through experimentation and introspection, for knowledge acquired in this manner becomes deeply embedded within our psyche, imparting indispensable lessons for personal development and growth. Predominantly, our learning derives from the direct experiences of others who possess a profound understanding and apply this wisdom to enhance their lives. Regrettably, we often fail to leverage this wealth of knowledge to our own advantage.
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