Insanely Practical

Sometime the barrier lies in lack of knowledge. People often tend to develop their life using their existing knowledge which they tried and failed many times. Even while taking the financial decision people focus on planning what's they planned before and slay there. They might be good at the existing tried and failed planning. But learning about the different methods and concepts, they can actually make a better decision. 

Asking questions is an integral part of improvement. By asking questions we are both opening our mind and possibilities.

Digitalization sometimes takes much effort to get accustomed. Companies tries their maximum to make people go digital and therefore benefiting from their usage. They do ad campaigns with movie stars, give incentives and rewards to those who engage constantly and even provide free tools that they might have to pay while processing offline. It became successful to an extent, but people won't change their traditional method unless they see any cause. Making a change is that tough. But with the pandemic strike, people were forced to go digital in every mean. They must go meeting digital,shop using digital providers, consume entertainment digitally and every other basic need integrated digitally. This is a huge advantage for the companies those are prepared. No one expected this pandemic and the sudden boom in the demand for digital products and services made the companies valuation rose. The companies with good quality products and services during the pre pandemic era benefitted a lot.

No one actually like being submissives. But they do love to put submission over others. It is an instict behaviour that is innated in the genes. This is why it is hard to suppress this thought and this is the basis of most of the problems. By ine way or another we are invading those who are weak.

It is evident that people migrate their assets to which gives good yields. Those who holds position in stocks at the time of bull run consider themselves as long term investors. But that won't last longer. Whenever the fed comes up with good bond yield followed by the inflation, these long term investors becomes short term investors and sell all their positions to build new positions in government bonds. This is swing. Wherever they see big number, they switch. But this is not how an actual investor do. He invests and stands still, may be even for decades. At the end of his tenure, we call him successful and study him. But the only thing that we see different there is a simple factor of patience. He never swings with the news, but stick with the guts.

 What to do when the market is heavily falling down? It is not certainly cell. Of course, you can sell if it is calculated and like you intended. But for the majority of the mobs fall into the mode of panic selling. The reason is quite simple. They are out of their wits. And they are acting like nuts. That won’t solve any problem. It actually makes things worse. What often people don’t realize at this time is that they are actually under the sunk cost fallacy. Sunk cost fallacy is simple to explain. But the practical solution is often to perform and very much rare to find a person who actually does above the fallacy trap. Sunk cost fallacy can be simply defined as an action inspired by fear and panic. But sadly these are the times we mostly do insane things captivated by decisions taken out of our wits. To make a better decision, either we have to be mindful or must be prepared. So when we are prepared, we know the decision that is ought to be taken at unanticipated times. Do it now

Getting out of comfort zone is lot harder than you think. But once we surpass that barrier, it becomes less fearful to do another thing that is challenging. By breaking up the comfort zone, we are actually making ourselves stronger.

Why you should develop your own analysis method for sorting outnthe stock is  a really important question. This question is relevant to most of the speculators in the market. We call them investors once they know what they do, which only could be attained by developing your own method. The irony is each way of investing is pegged with emotions. So, even if you copy Warren Buffet formula of investing, you will get a poor result unless you peg with emotion.

Overcoming an addiction needs consistent and relentless effort. Once we surpass this moutain there are huge rewards waiting other side.

It doesn't matter what is gonna happen in the world. We cannot control what's gonna happen, but our response is always in our reach. We can take accountability for the reactions that we incur. If we learn to control our response, we'll no longer get worry for the external adversity.

Imperialism meant to take the possessions as much as possible. When the ideology of imperialism thrived at the period where everyone considered having more land is the sign of power and wealth, it is quite natural to have such a bias. The war were in the name of lands, bribes were measured by how much acres therein and certainly the wealth both of an individual and a kingdom. This was practised from the very beginning and multiple centuries before. The more land you own, the richer you are. Because there is no equivalent alternative to measure wealth. It took centuries to sway away from this notion. Slowly people started believe in assets. By then the most favourable one was gold (among matals). So the greedy ones went to hunt for gold, they dig deeper and deeper until they found some trace and they did. But with a short period of time, when compared with the duration at which people veered from lands to gold, people started believing in more assets classes are preferably the ownership

Web 3.0 is a game changer and it is sparkling many of the innovators. once they arrive the equation that matches their passion they'll change the world. Being resilient in the new unwrapped technology might create wonders.

Investing is a healthy habit. It creates wealth and wellness. But investing isn't easy. It is easy to create a broker account and our money in. But inorder to be a good, patience and courage is the skill.

Every day can be considered as a new beginning. once we get with this pattern of thinking, we can observe ourselves more energized.

Planning the day is gonna be real helpful to make it as productive. We often say that we don't have enough time to do all of these things, but by directing our time as the way we wanted will improve the situation.

A reminder for death is a motivating factor. It helps us to filter out the unwanted things and narrows our focus into the things that is most important to us. We keep reminders of all the unwanted things and making our life miserable. To make it meaningful we should be aware that we are nearing the death and hence a reminder is helpful.

When the current price of a stock is way higher than its book value, then it is the time to think before investing. It means then the share is over priced and we can expect a correction sooner or later. Once the fundamentals are equally balanced, them the further movement indicates the real trend.

One in three main thing that can be used to evaluate a company whether to invest or to learn is to analyse it's cash flow statement. It is equally important as reviewing the balance sheet and p&l statement. Everyone keenly focus on the numbers in these colomns before investing. Everyone should if he is to invest. But cash flow, they mostly give less importance. One reason is that they just need to know whether it is positive or negative. If it is positive, good. Negative, then need to analyze further more deeply. We can get a sense of the operational and financial activities from cash flow statements. And by combining our findings from here to over-all findings will lead to a good sense of this company.

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.

Investing is more of a common sense than intelligence. An investor with high IQ and low EQ is not intelligent at all. In the contrary world on intelligence is considered as a measured value of IQ, but in the investing world it plays little role. Sure a person with high IQ can calculate the risk and rewards, the sectorial cage growth or even can find his own formula to find multibagger. But if he is fragile on patience and discipline, he won't be the intelligent investor. Investing is a fun process until we see a major loss. When confronted with such situations, we forget everything and the primitive brain of flight or fight gets activated. So most investors sell their holding along with the masses instead of buying more at the discounted price. They know the market is gonna revive sooner and stronger, but they won't listen to their logical mind and keep their selling activity on. Here the fear surmounts every knowledge and experience. So it is important to be an intelligent inv

Either we grow from failure or we get stuck further down below. Each failure is each new possibility to improve and get better. 

Whatever the situation will be, the only thing that we should be caring is to make use of our time at its best. This makes the difference.

Pledging of share can sometimes be seen as a positive thing. By pledging we can earn an extra money using the leverage that is available from the money invested without losing the money. This is great only when we are sure about the possible outcome regardless of its nature can be endurable.

Death is a constant reminder that we are running out of time. When we look at the world, we see people running behind fame, material possessions and money. But what they are missing is the fact that these are all external placebos for external world. But what matters the most is the inner world. Once we know how to satisfy the inner world, then we no longer be the prisoner of this external dilemma.  We can sort out the things by making use of our time doing the things that makes us feel proud and satisfied. But this requires courage and persistence. Because here problems in the shape of emotions strikes is. We may get mocked. We might hear rude words. But it is okay as long as we are doing the right things. In order to do the right things we must be cautious about the time that is slipping by us.

The greatest impediment to achieving our goal is the lakh of se elf descipline. Descipline is sometimes or mostly underrated because of the reason that most people talk,but don't really apply. We can start anything because of the initial rush and curiosity. But it won't sustain and what matter will be the why. Without a why we won't be desciplined.