Till Thursday - Pain of Buying Shares. Friday Evening – Pain of Not Buying shares.

22nd September 2019

Till Thursday - Pain of Buying Shares. Friday Evening – Pain of Not Buying shares.

Dear Fellow Travellers,

Greetings from Hitesh! Time in life and market changes very fast. The things which are painful becomes pleasurable and pleasurable things become painful. Look at the market reaction to the government till Thursday. Look at the view of NIRMALA SITARMANA. She was heavily blamed for what was happening to the market and economy at a large. But Friday, things changed by 180 degrees.

What is common for a NORMAL investor?

PAIN is the common denominator for the normal guys. They were unhappy with the performance of their shares. They were waiting for things to improve and start buying. But the things improved so suddenly on FRIDAY 11am that nobody got the chance to buy. The market went up by 2000 odd points and most shares were up by 4-10%. Their dream of buying shares remained a dream only. Now, they have the pain of missing opportunity of life.

What happened in 2008-2009?

Most analysts were dam sure that SENSEX will not go below 12500. Sensex broke that and reached to below 9000. At that time also I had given a call to buy on 5^th December 2008 with a target of 14500 by July 2009. As usual, very few guys listened to me. Market crossed 15000 by March -April 2009 only. At that time also the market went up by 2000 points in a day.

The point is Why NORMAL guys miss the opportunities time and again?

Most of the guys are in the market for time pass and they are not here to make serious money. All they want to invest their disposable income from SALARY or BUSINESS and they are brainwashed with vested interest guys for MUTUAL FUNDS / SIP and DIVERSIFICATION of portfolio.

When your primary goal is not money-making – you will not be very alert and very enthusiastic for the market.

You must have seen some of your friends who were enjoying college life in CANTEEN / MOVIES / DISCS. They were never there for education in the first place. All they wanted to enjoy their life and spend some of their parent’s money. They were never serious about their career. You know what happened to that kind of guys later in the career. Most became a liability for their parents post-college. I have seen many guys asking money from their FATHER after their marriage.

The guys who missed the fun in college days – try to find out FUN once they have some money. So, they go to RACECOURSE / CASINOS and SHARE MARKET. They are here for FUN and EXCITEMENT. They play the game without GOAL / without SKILL SETS. What they call goal is nothing but just a DESIRE and not a serious kind of commitment. These guys end up asking money from their KIDS in their retirement times.

When you are in the market you must remember 5 promises of the market?

1. It promises a playing field, not the game.

2. It promises to reward risk, not proportionately.

3. It promises opportunity, it does not promise profits.

4. It promises a lesson, not learning.

5. It promises that the quality of indicators and analysis is proportionate to the quantity of participants, not quality.

What NEXT?

Read the above 5 great promises of the market and follow them and see the magic in your investment performance.

I wish you all the best.

Follow me on Twitter @hiteshmparikh Or on Whatsapp - +91-9869425399.

Live With Passion…Invest With Passion.

Hitesh Parikh