Role of EFFORTS and PATIENCE in Your Investment Success
Role of EFFORTS and
PATIENCE in Your Investment Success
Greetings from Hitesh! As predicated our post on Mukesh
Amabani has become the most READ in MARCH, so far. Most guys are interested in
this kind of news and they are ready to spend their Precious LIFE (time), Money
and other resources for such NEWS. Whom to BLAME if you are not successful in
Investments?
How the PERCEPTION of
Normal Investor is affected?
They see BIRTH and DEATH / HARD WORK and LUCK / MARRIAGE
and DIVORCE / JOB and RETIREMENT / LOVE and BELOVED / GOD and NATURE / DAY and
NIGHT / MOM and DAD as two different events.
They feel happy when BIRTH takes place and unhappy when
DEATH takes place. Frankly, both the events are together as the two sides of
the coin. But they REFUSE to see that.
However, when this guy comes to SHARE MARKET – he sees
INVESTMENT and RETURN together!!
His logic is simple – I have invested so I must get
return. If he gets more return – he is happier.
Let us understand the role of EFFORTS and PATIENCE in your
Investment success.
EFFORTS:-
Investing is an EFFORT. You are studying the investment
proposal / taking inputs from your ADVISORS, Family Members / deciding amount
and actually investing – all these are the parts of EFFORTS.
This can be seen as SOWING the SEEDS. Your job is over
now. You have to wait till it becomes TREE and starts giving you FRUITS.
Waiting is a PART of PATIENCE. Patience has 90% weightage
and 10% goes to EFFORTS.
On a BRODER SCALE if you see – EFFORTS are PART of your EGO. It’s a MALE phenomenon.
PATIENCE is a Part of BEING. It’s a FEMALE phenomenon.
Unfortunately – which EFFORT will help in forming a KID is
not possible to ascertain while taking an EFFORT. I have been taking to the
DOCTORS who are dealing with FERTILITY TREATMENTS (IUI). They are telling their
clients that there is just 30% chance that SHE will become PREGNANT. Now, the
clients are spending LAKHS and she is told just 30% chance. Still people are
doing it!! Am I right?
What HAPPENS when you
combine EFFORTS and PATIENCE together?
MALE and FEMALE energy comes together and creates a more
chances of giving you the Investment Success.
Many times I have shared the EXAMPLE of RAKESH having just
4 good companies in 40 companies and BUFFETT having little fewer than 10
companies out of 200 plus companies. Still they are LEGEND in the investment
world.
Rakesh success ratio is 10% and Buffett success ration is
just 5% based on the above figures. Not even 30% which doctors are promising to
their clients!!
How NATURE rewards
when you have PATIENCE?
Rakesh was investing in TITAN from Rs.40 to Rs.900. Assume
that his average price is Rs.450. Today Titan has given 1:1 bonus and split
into Rs.1 face value. So, his one share has become 20 shares. The current price
is Rs.350 approx. So the value of 1 original share is Rs.7000!! Rakesh money
has multiplied by 15 to 20 times in a span of 10 years depending on his average
price.
Today TITAN gives DIVIDEND of Rs.2.20 per share. Rakesh is
getting Rs.44 (Rs.2.2 X 20) as dividend. On assumed average price of Rs.450 his
dividend yield is 10% TAX FREE!!
You do not EARN this kind of RENT on any property. No
maintenance cost. Appreciating every year. No MAN management or LEGALE HASSLES.
How to keep PATIENCE?
You can keep patience when you see your money making with
AWARENESS.
Say you are earning Rs.1 lakh and you have a surplus of
Rs.25000 every month. You know with REASONALBLE accuracy that this FLOAT will
increase over a period of time.
The IMPATIENCE comes when you see that THESE are your
money!! Let me give you good NEWS – you are CARE TAKER of all these SURPLUS
money you are earning. They will go to your NEXT Generations for all practical
purpose.
When you see yourself as CARE TAKER – the FEELING that
these are MY MONEY will go away from the DAY ONE (you have booked a MENTAL LOSS
from the DAY ONE). In fact, a FEELING of being ANSWERABLE to your NEXT
generation will come in you. When you become ANSWERABLE within – you will do
what is the BEST of your KIDS.
The way you take care of your KIDS till his or her
marriage – you will take care of HIS/HER money also!!
Then you will not have to KEEP PATIENCE – it will come
automatically.
What NEXT?
I love PATEK PHILLIP watches. They tell, “You NEVER own PATEK, You just take care of
your NEXT GENERATION”. You can buy 3 NORMAL ROLEX WATCHES for the price of
1 NORMAL PATEK WATCH!!
Please ask - are you taking care of your WEALTH for NEXT
generations or not?
If you want to leave a LEGACY – be with us for 3 or more
years and see the MAGIC in your life.
Wish you ALL A VERY HAPPY LONG WEEKEND.
Follow me on Twitter @hiteshmparikh or
on WhatsApp - +91-9869425399 or www.hiteshmparikh.com
Live With Passion…Invest With Passion.
Hitesh Parikh.
www.hiteshmparikh.com
Interesting, investment and philosophy seen together
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