Sometimes one real estate investment leads to gains of crores of rupees.
A particular phase in our employment or profession brings huge income.
Some bets we make on stocks become multibaggers, multiplying our investments manyfold.
Some of us are lucky to get such opportunities.
The mistake we make is to extrapolate these outcomes forever.
Making huge income or creating substantial wealth is usually for a particular period.
So wealth preservation should start in parallel.
Enjoy good periods as long as they last.
But if you don’t retain what you made during those periods, you would be back to square one.
If you bought ₹10000 worth of Gold in 1980, today it's value would be ₹12 Lakh (Gold is near highs)
If you bought ₹10000 worth of Sensex in 1980, today it's value would be ₹74 Lakh (excluding dividends). Sensex is not at its Highs & Reasonable.
Nothing can Beat Owning Listed Businesses. One of the Best Asset Classes.
But Needs Patience Like a Crocodile & Temperament of a Yogi to Create Wealth.
#FI
Success can ruin you. If you let victory convince you that your judgment is universally superior. Success creates grandiosity because the mind credits skill for outcomes partly produced by timing and fortune. Win, then become more careful.
3–4 BIG winning trades can easily make up for a bunch of losing trades.
You don’t need a 70–80% win rate to make serious money in the stock market.
Even with 30–40% accuracy, you can be highly profitable if you let your winners run.
India is targeting 400 million tons of crude steel capacity by 2035-36, up from roughly 168 million tons today, betting on domestic demand that has grown 55% over five years, outpacing the 42% rise in production.
For many #Indian#expats in the UK, investment strategy involve regularly transferring money from UK to India, and then invest in #INR assets (real estate, mutual funds, savings etc).
The GBP/INR 5-year Compound Annual Growth Rate (CAGR) is approximately 4.8%.
This translates to an opportunity cost (subject to change!) of holding INR asset last year at ~ 4% GBP interest rate + 4.8% FX cost = ~8.8%! before thinking about risk premium for any investment. Key Performance Metrics * Rate: £1 = ₹129.505,