Three Investment Decisions – I Should / I Want / I Must. What is yours?
1st May 2023
Three Investment Decisions – I Should / I Want / I Must. What is yours?
Dear Fellow Investors,
Namaste! We are starting a second month of the new financial year today. There was gloominess at the end of MARCH with respect to the market mood but APRIL has transformed the market mood. Market is moving up. From low of 16800 in March it made 18100 in just a month. We had given our bold call for the market on 20th March. Those who just reads our blogs and took actions are making good money, what will happen if they join us and follow us for 3 years? Regular readers knows - Accuracy is our specialty.
Those who are consistently missing the money making opportunities is due to the above three investment decisions. Let us examine them in details. This can be the best blogs for personal growth in Investing.
I should Invest: -
The action coming out from SOCIETY / PEER PRESSURES / RELIGIOUS BELIEFS or any other kind of beliefs is falling into this segment.
You may not like to do investing / you may not know how to invest properly / you may not understand what is investing is all about – but since your neighbours are doing / your brother in law is doing / your friends are doing – you also invest.
This is outside phenomenon and you are doing out of your social conditioning to follow the HERD. You just follow what others are doing.
Those who are doing this kind of investing - there is no difference between them and animals or machines. You are being controlled by outside forces and you end up blaming the society or your fellow being for your failures at the end. Most of the time this is the single biggest cause of living a life of HYPOCRISY. This kind of people die with lots of grudges for people around them and unfulfilled desires.
I want to Invest: -
Have you heard people saying – I have a passion for investing. I want to become the Buffett or I want to beat the Rakesh. This people are having passion to invest. Apparently, it looks that they are having some inner purpose but this passion is also coming from outside forces and not from the inside.
Say you are a fan of CRICKET. You are ready to die for CRICKET. But this is happening because you are conditioned to think about CRICKET in India. You have all MEDIA / IPL / TV talking about CRICKET. You don’t have passion for RUGBY or ICE SKATING. Because – these sports are not followed in India.
Your so-called passion is nothing but society influenced phenomenon. But this is slightly better than the first stage because here you WANT to do it.
In the first stage – the influencers are direct and you can relate to them. In this state – the influencers are hidden but they are there for sure.
Typical Gujarati and Marwari person in India will always want to invest in stocks along with his business or job. They assume they have passion but the fact is they are influenced by their society traditions.
While needs of anybody can be satisfied – WANTS are difficult to satisfy. They go on and on. There is no END to it. So the person in this stage are always on the ROAD to their DESTINATION. They can’t enjoy the money they have with PEACE of MIND.
I must Invest: -
When a decision comes from the inner core of your understandings then you can’t be stopped from investing. You will end up investing.
Must investing is – unconditional investing / investing with surrender to the market / investing without expectations or desire to become RAKESH or some other role model. You are simply detached.
Must is not a DUTY / OBLIGATION / MORAL responsibilities. This “MUST” is coming from your understandings. It’s not – LOVE YOUR NEIGHBOUR – kind of MUST.
This MUST is coming from your UNDERSTANDINGS only. Once you understand – it becomes impossible to stop you from doing it. You and your understandings become the one.
This is called DHARMA / TAO in SPIRITUAL PARLANCE. Religion is SHOULD but DHARMA is MUST.
Let me share a dialogue from the movie – ENTER the DRAGON.
Lee: A good fight should be like a small play, but played seriously. A good martial artist does not become tense, but ready. Not thinking, yet not dreaming. Ready for whatever may come. When the opponent expands, I contract. When he contracts, I expand. And when there is an opportunity, I do not hit. It hits all by itself. (Read as many times as you like)
See he has been trained under the proper system – he has practiced the same and since he has understood the system – he becomes the NON-DOER and his BODY acts automatically as per the opponents move.
The same way BUFEET buys shares when the market is down. He sells when market is up. He simple can’t stop himself!!
80:20 Rule and above decisions: -
Management science has observed that 80:20 rules prevails in all areas of the life. 80% of the investors follows the first two decisions. They come to the market when the market is moving up / they follow the media analysis rather than learning from proper sources and doing their own analysis. They end up earning 20% of the market wealth in totality.
Those who are following MUST invest – they educate themselves / they study the market and opportunities / they invest when the market is down. They are 20% in numbers but they take away the 80% of the wealth.
Your decision to follow – SHOULD / WANT and MUST will decide your financial destiny for sure.
What NEXT?
Market mood is going to be positive. If you still want to join the party – you are welcome. Those who do not join now – will give one dialogue when the nifty makes a top – I SHOULD HAVE LISTEN TO YOU HITESH!!
DECIDE NOW.
Follow me on Twitter @hiteshmparikh / WhatsApp - +91-9869425399.
Learn a Lesson. Live with Passion & Invest with Reason.
Hitesh Parikh.
Tnx
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