Power of just 1 extra step..
An ex hdfc colleague of mine shared this-
“Stretch and put one extra step. Over and above what normal people do. Instead of doing 12 sips a year , do 13.. instead of paying 12 EMIs pay 13…”
A 25k sip over 20 years at 12-13% CAGR will fetch u 2.5 cr .. one extra sip a year will fetch u over 4 cr
A 2 cr loan for 20 years at 8.5% will have an emi of 87-88K… one extra emi a year goes towards principal repayment and will help u pay off the loan in 16 years with massive savings in interest cost too..
Everyone talks about the Nifty. The real wealth was & will be created in Midcaps.
Since 2020:
📈 Nifty Midcap 150: +406%
📈 Nasdaq 100: +275%
📈 Nifty 50: +180%
#investing
Your first attempt might not be very good, but nobody's early work is good. There will always be a gap between where you are and where you want to be. And the bridge between that gap is courage. The courage to look foolish in the beginning. The courage to show up again when your early work is criticized. The courage to look yourself in the mirror and say, "I realize I'm not good enough yet, but the only way to get better is to keep working on it."
Conor Neill on why luck is not random and how to deliberately get more of it:
1. Luck flows through people and travels by conversation. James Clear's framing: keep talking to the same people, keep finding the same opportunities. start talking to new people, start finding new opportunities. If you want different luck, start walking into different rooms. The people you have access to determine the opportunities that reach you. This is not a metaphor. It is mechanics.
2. What separates successful people from unsuccessful ones is not the amount of luck they receive. It is return on luck. Jim Collins's idea: when a luck event presents itself, what do you do with it. Most people get roughly similar amounts of lucky moments. The difference is who is prepared and paying attention when they arrive.
3. A careers advisor in Spain gave one piece of advice that changed everything: meet one new person every week. For 25 years, the speaker kept a slot in his calendar every single week for a coffee with someone new. almost every significant opportunity in his life, his teaching role, his business, came through a single individual and a conversation. The math on one new person per week over 25 years is staggering.
4. When you meet someone new, you are starting at number 21 on their list of priorities. Dan Sullivan's framework: they have at least 20 things more important than talking to you. If you spend the conversation talking about yourself, your goals, what you want, you drop from 21 to 30 to 50 and fall off the list entirely. If you ask about them, their goals, what brought them there, you move up. Most good people, if you explore who they are, will then explore who you are. That is how a real conversation opens.
5. Luck surface area is a size you can control. The more people you meet and the more genuine conversations you have, the larger the surface through which luck can reach you. same people, same conversations, same luck. new people, new conversations, new luck. It is that simple, and most people never deliberately expand it.
every successful person I know is the same
slightly autistic
obsessed
insane
made tons of sacrifices
110% confident
relentless
delusional
there's no easy way to achieve shit and become someone....
@Suresh316084@equialpha When loss happens u want to know about long term story. Classic reason to hold 😂
Exit. Swing / momentum trading doesn't work below 50dma