Breaking News:-
Equity investing is lot like marriage.
The male audience of amongst our
readers and members of AIMS
family—who are already married would be nodding their head right now, without
really getting to know anything about the heading of this article. Marriage
does that to a man. The male married species have developed a natural,
sub-conscious habit because our wives tells us things that we don’t want to hear
but which we pretend to be hearing.
For unmarried part of the
group our advice is to nod and keep doing it. This is true for the world of
investing. The moment you utter the words like stocks or market, a bunch of
people will appear from nowhere to tell you where you should be investing. And
the funny thing is that most of them won’t be fund distributors, stock brokers
or even insurance agents.
Being thoroughly confused,
your first reaction will be to run. However we will tell you to stay put and
nod. But unlike the time when you are nodding in front of your wife, this is
the time when you should keep your ears wide open. The more you hear, the more
you know the more you learn, the more you can ignore.
Now coming back to why
investing is quite like marriage, you realize how you keep reading about market
making new highs daily, and yet our own investments are not doing that well? The
thing about marriage is that even if things aren’t so good, you pretend that everything’s
hunky dory. You keep saying to yourself “aal ij well” with you r hand on your
heart. As long as you’ve a spouse who ‘s been good at heart, caring and fulfilling
in the past, you’ll ride out of the rough patch. Or a bear phase will surely turn
into a bull run sometimes in future.
The same goes with investing.
You can’t quit when chips are down. In fact that’s the best time to stay
invested—provided that the company or the fund you’ve invested in should be god
at heart and caring and among other things should have a history of delivering
well.
This is the simplest, but the
most efficient way a layman can survive the gyrations of marriage and
investing. The ride is scary, full of pitfalls. While the next 100 meters look
tricky, but the long term benefits will far outweigh even the kilos that your spouse
will eventually put on.
In short, hang in there.(Click to read:- Virtues of long term)
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