Your Outlook decides your fate

Investoshashtra !!!📜📜📜
इनवेस्टोशास्त्र !!!📜📜📜

Once a wise man was taken to a construction site. He was blindfolded and given a task of identifying what job 3 people standing in front of him do, by just asking one question.

He thought for a while and asked each one of them "What does you do at this site".

First one replied I am laying bricks, second one replied building a wall and third one *I am building a beautiful House 🏠.*

For same question there were totally different reply *although all of them doing the same job.* Which also explains reason for kind of income they earn.

Same is true with investors, there are the one's who just enters the market to trade, other set of people who speculate or follow herd mentality enters the market to make quick gains and very few comes with clearcut vision of *building a beautiful House 🏠.(Wealth creation or achieving a long term goal.)*

So the gains are dependent on outlook or purpose either lay a brick(trader and have small gains), build a wall(speculator - gains when calls go right and lose when it's wrong) or can be an investor who dreams, lay down a plan and work for ultimate final goal ignoring intermittent hick ups.

*This week just ignore noise around, think of your goal and  stay committed, everything else will automatically fall in place(But ensure you goals are long term).*

Regards,
Raj Talati
www.rajtalati-abminvestment.blogspot.com

"Experience should define your age and not no. of years".

Investoshashtra !!!📜📜📜
इनवेस्टोशास्त्र !!!📜📜📜

Just watching an advertisement of Flipkart which defies age related stereotypes.(Link : https://youtu.be/3WFGHCqC_1c ) Very often we deny ourselves opportunities and experiences because we are being afraid of failed or judged by others.

Do we stop driving vehicle after an accident or do we stop living life because of a big failure.Obviously no, rather *we count it as an experience and learn lessons for future to be more wiser.*

But, why is it that when when it comes to investing we consider our mistake as permanent. If we dig dipper into it to find reasons, *It can make us wiser investor  to be benefited out of it next time instead of falling prey to it.*

The best example is recent turmoil in mid and small cap segment which *would have been sensed by any experienced advisor more then a year back.*

There were investors who kept pumping money by ignoring valuations dazzled with charts, returns and growth shown by newspaper,NFO's, business channels and even business hungry distributors.

So, there is nothing wrong in investing in equities or even mid and small cap stocks or companies. But try to be wiser with your experiences instead of moving away.

*_Financial Advisor wisdom not only comes with the knowledge and experience he have, but is much wiser because of lessons learned from mistakes done in past._*

*So you can be wiser by experiencing mistakes yourself or can become one by hiring a financial advisor.*

Have a great weekend

Regards,
Raj Talati
www.rajtalati-abminvestment.blogspot.com

Which songs always remain in our playlist

Investoshashtra!!!📜📜📜
ईनवेस्टोशाष्त्र!!!📜📜📜

Have you ever thought which are the songs which will always remain in our playlist. Is it the most hit songs(Honey Singh types- दिल चोरी साड़ा हो गया...), trending nos. (रंग दे तो मोहे गेरुआ) or most viewed one ( दिल पे पत्थर रख के मुँह पे मेक अप कर लिया - 21 crore views). Mostly none of them.

Our playlists have songs which are close to our heart, they may be enjoyed listening with friends on a Manali trip (Why Manali-as I have some😉) or with family on a road trip, may be from a movie you can connect with or may be the one with extraordinary music, lyrics and singer combo.

So it has nothing to do what others like or want, it has to do more with your own inner happiness and delight.

It's sort of personalisation. Isn't it!!

Then why we try to copy others when it comes to investment. Why we invest in Gold in 2012, real estate in 2013, Equities in 2007 and mid and small cap funds in 2017-18.

Just go with the songs (investments) which you enjoy, I like combination of Kishore,Asha,Gulzar and R.D.Burman, but many of you might have a different choices. So my asset allocation or investment in equity or real estate or gold can't be like yours.

Even siblings can't have similar asset allocation the way they don't have similar playlists.

This weekend decide on your favourite investments (playlist) which suits your goals, risk profile, income, expenses, assets, liabilities, responsibilities, health condition etc etc..and enjoy musical journey of life.

Have a musical rainy tip tip barsa Paani weekend!!

Regards,
Raj Talati