In the stock market, if you’re looking to buy 100 shares, consider buying just 50 today. If the market goes up, you can book short-term profits. If it dips tomorrow, you’ll have the chance to buy at a lower price. Sounds simple, right? Then what’s the challenge?
The issue is lack of patience and unstable emotions. These two elements can make or break your stock market game. Master them, and they become your greatest assets—not only for making money but for building sustainable wealth. Stable emotions can help you not only succeed in the stock market but also lead a fulfilling life.
The stock market game is as straightforward as it seems: enter when prices are low, exit when they’re high, and watch in the meantime. By following this rule, market lows become opportunities. You get the chance to buy great companies at bargain prices. These companies have bright futures, and their stocks are bound to rise, whether in the short or long term.
The same applies to life. Embrace the lows as building blocks for your highs. Patience and perseverance are key to reaching new heights.
The IPO market is booming, especially in India. One company, Yatra—an online travel portal—has been listed on NASDAQ after a reverse merger. This process allows a private company to acquire a public company to bypass the traditional listing process. While Yatra’s stock has been stagnant for years, it plans to take advantage of the growing Indian stock market.
Morgan Housel’s The Psychology of Money offers profound insights into how we view and manage money. Here are some key takeaways:
A popular new affordability test says, “If you can buy it twice, go ahead and buy it.” But is it really that simple?
A shirt for ₹500 can be bought several times, but buying it multiple times is just extravagant. Should you wait until you have ₹4 crores in your bank to buy a house worth ₹2 crores? Finance goes beyond numbers. It’s about quality and necessity.
If it’s a want, delay buying it. Focus on your needs first.
Your dream house, built with hard-earned money, is more than just bricks and mortar. It’s a symbol of your dedication and love. As they say, Ghar ek hi baar banta hai.
Instead of chasing flimsy discounts, focus on building value. Lead your financial decisions with purpose and foresight.