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Corrections are necessary

It is evident that the highly valued stocks always corrects itself. It doesn't matter whether it is in a booming industry or a company with solid fundamentals, once it reaches high valuation, it will someday somehow corrects itself. By somehow I meant that the usual occurance in stock market. The news, people's psychology, candlestick formation, poor financial results, corporate mismanagement, lawsuits and price action. It is not necessary that any of this should contribute to the fall. But one thing for sure is that, once overvalued, it always corrects.

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Investing with index

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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...