Investing Nuggets

 "Agar aap disciplined investor ho MF mein via SIPs, to jitni sidhiyan chadoge utna girne ka chance kum hota jayega," I used to say to my MF investors during my banking days as a wealth manager.

After investing self money for the last 10+ years, I have come to a number of conclusions.

Conclusions:

a) The market never goes in a linear mode. In the market, 12 = 1 +2+1+3+0.5+4+0.5.
b) The market is the only industry where EQ>IQ. Here, an above-average emotional quotient with a below-average intelligence quotient makes you the most money.
c) Always avoid noise.
d) Ideas sell for dime a dozen, discipline is the key.
e) One becomes wealthy by either saving or cutting expenses. If you are doing both, then you are on the highway. Most important - if you saving, living below means, and cutting expenses then you are on Autobahn. 
f) Saving 1st crore is the most difficult milestone.
g) On average, in a decade there would only be 40-50 best days and if you are invested during that days then it's the way to wealth. 
h) In market wealth is a collection of many events like averaging, risk hedging, additional purchases, STPs, portfolio rejig, disciplined investments, and so on. 
i) Debt is aspirational, and many a times destroyers of net worth. It's a 2 sided sword, before buying or subscribing to it, you should know how to wield it.
j) Investing in markets is a risk for MANY, but not investing in markets is definitely a risk.

After a long time, I've come across a platform Dezerv where charges are decent, with low ticket-size investments and a good amount of diversification in one's portfolio [I think this is as per one's risk-taking capability, age, income, and past net worth]. Give it a shot.

#indianeconomy #markets #investing #money