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Invest in businesses you know

Without a basic knowledge in the business, one should not invest in companies. Investing in companies is like being the business owner. If you don't know about the business or not satisfied with the management, stay away from those companies.
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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.
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Private blockchain

The ledger in blockchain need not necessarily backed by a currency. For a system that need large amount of nodes, like in case of public permissioned blockchain, it is essential to give an incentive either in form of reduction in transaction fee or some currencies. This is a high incentive for those who works with high computational powers. They would demand this. But in case of private blockchain there is no need of providing a currency in the form of incentives. Private blockchains are used when the peer nods comes to know each at least half of them. They form a network of peer group and validate the transactions. Since private blockchain entitles the identity of each nodes, it is impossible to get a lot of people through. So these private blockchain lacks popularity and hence there is no coin. But this is extremely helpful in large corporations to store and validate data. They can create a supply chain where everything could be traceable form the very beginning. It involves no s...
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Traveling

Traveling may be expensive, but it offers a lot of exploration. We often tend to backnoff from travelling due to tightening money. Travelling should not be neglected. It gives us plenty of experiences and memories.
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Don't wait for the perfect moment!

There is no use in waiting for the perfect time to start. the best perfect time is now and is only what exists. so waiting for the time that hasn't happened is a definite way to disaster. and the thing is we don't have as much time as we think we do. to realize the fact that we don't have time to come in contact with reality. So whatever you are procrastinating, whatever is in your mind that you want to do. just do it anyway. Do not care about the lack of resources or lack of contact. It will come along the way. and it is a great thing too that you only are starting with what you have and that is only what you are about to lose.
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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...
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What to do in bear market

 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 ...
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