Solid Investment Ideas for Great Depression Part -2 kind of situations or Crisis situations
29th
October 2020
Solid
Investment Ideas for Great Depression Part -2 kind of situations or Crisis
situations
Dear
Fellow Travelers,
Namaste!
This is the 5th post on our investment series. Today we are going to
talk about investing for CRISIS situations. There are two kinds of Crisis –
Personal and Collective. A personal crisis could be in the form of health issues/business or job issues/relationship issues. This is limited to you and your
family only. I am not going to talk about that in this post. I am going to talk
about Collective Crisis only. E.g. COVID 19 is a collective crisis.
What
did Chanakya Say for CRISIS?
He
had said the following in his NITI Shastra -
One
should save his money against hard times, save his wife at the sacrifice of his
riches, but invariably one should save his soul even at the sacrifice of his
wife and riches.
What was on
your shopping list between April to June 2020 in India?
The above
was the Lockdown period in India. Let us see as a MINI trailer of the movie and
see what we did during this period.
All your
expenses were on Food / Communications / Medicines and basic necessities. Household expenses had come down drastically as the money was going for the above
things only.
We were not
allowed to go out only – so all that we could do was remain at home and
survive.
In Great
Depression kind of situations – everything will be available and you will be
allowed to go out and enjoy. But you will have no money to enjoy or very little
money to enjoy. So, your demand will be restricted to MUST NEED ITEMS only. Thanks
to that many businesses will die their natural death.
Where
to invest in the Great Depression Part 2?
Let
us look at Jim Rogers. This guy has traveled the whole World 2 times – one
time on Bike and the other times by Car. He might have traveled N number of times
in Flight. He has personal experience and knowledge of the ground realities of
most countries unlike anybody in the World.
This
guy is heavily investing in AGRO COMMODITIES for the last 10 years. He sees there
will be a SCARCITY of AGRO Commodities in the coming time.
He
has been investing for 10 years and there is no scarcity as of now. Normal
investors would laugh at him and they may not like his approach as it has not
given him super-duper results so far.
He
is a VISIONARY guy and if you see GREAT DEPRESSION kind of situations – he will
be making tons of money. All big results need Vision and Patience.
Now,
let us look at Buffett
This
is another legend and most followed compared to Jim. He has his portfolio 100%
in Equities and most of the companies are Consumables only. He understands that
you may or may not buy gold/property or any other luxury items but you will need
food items and other consumables for sure.
Where should you invest?
You
will not be able to answer this question – till you know yourself properly.
Learn as much as possible about yourself first. Remember your mood and
behaviors in the BAD times / Good Times / Sudden crisis-like situations. You
will get glimpses of SHADES of your personality.
I
have seen most guys panicking when faced with a crisis as they have not known
themselves in detail.
I
would suggest go deeper into yourself and know yourself as much as you can. The
more you know yourself – the you will be better equipped to deal with the outside
situations. You can use Astrology for fast and accurate self-knowledge.
What
is a co-relation between Self Knowledge and Investment Success?
Your
belongings / your family / your investments / your living style is nothing but an extension of yourself only. So, if you know yourself in a better way – you can
know all your personal World in a better way. When you know them – you can
manage them or you can change them.
I
am going to the core of doing anything – “know yourself and you will know
what to do automatically”. According to me, this is the THUMB RULE for
investing.
If you see FIRE in your house – you will try to get
out or jump as fast as possible. Right? So, rather than knowing the jumping
style – know whether there is a fire or not?
What
NEXT?
COVID-19
is coming up again in a big way in Europe. We categorically, said it is not
GOING. In fact, Bharat Bio-Tech has given the date of Vaccine in June 2021!! In our
post, we had said we will review our COVID -19 call in June 2021 only. Reliance is trading at Rs.1990 today. This is our accuracy.
If
you want to know yourself in the fastest way – astrology is a great tool. Take the help of the same.
Wish
you all the best.
Follow
me on Twitter @hiteshmparikh Or on Whatsapp - +91-9869425399.
Live
With Passion…Invest With Passion.
Hitesh
Parikh.
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