Learn to sleep for 5 hours,
make yourself strong for failures..
Stop watching TV, insta... webseries, IPL,debates...etc..
You can also make a #Job an option for you...
#DARVAS🥸
"You don't find happiness in wearing #expensive jewelry; true happiness comes when someone #compliments it.
Similarly, #expensive car don't bring you #happiness; it's the #praise it receive that makes you happy.
"Your happiness is not absolute, it is influenced by external circumstances."
#DARVAS🥸
90% Indians:
1] Treat House as an Asset
2] Buy LIC plans as investment
3] Don't buy term insurance since there is no return
4] Invest in FD in cooperative bank for 1-2% extra
5] Participate in Chit Funds for regular cashflow
6] Give loans to friends expecting to be returned
7] Buy Penny stocks of price 7.2 hoping to become Crorepati
No wonder India is so poor!
The Yen carry trade is nothing.
The real carry trade is...
Step 1 - Indian retail investors pouring in money in the stock markets via SIPs; this is no ordinary money as it keeps coming month after month with a high degree of dependability
Step 2 - A lot of this money is coming to the frothy segments of the market - small caps, mid caps, defence, capital goods et cetera. Since the fund managers have no choice, they need to keep buying the limited number of stocks, which are highly priced, month after month
Step 3 - Now comes the fun part. Since everyone knows that this is going to happen, in come the punters i.e. the momentum gurus. They push the price higher. How? You see, the logic is when things move, they move. So, it's a rush upwards.
Step 4 - Given all this non sense, guess who has been left on the sidelines? The Foreign investor. Not surprisingly they have been selling into this madness all along. Net sales of Rs 1.2 lac crores this years itself. Even company promoters have been selling at break neck speed. But the momentum is too strong for them to be able to break it.
Step 5 - The returns have been humongous. But the money pouring in is not slowing. In fact it was growing when the last data points were revealed. The momentum gurus are a super hit. The FIIs are called losers. We are all set for a market that cares two hoots for the bears. We are a multi decade story after all, with no breaks.
Step 6 - Everyone sensible is in a wait and watch mode on what happens next. They are missing out on these big returns, but they just can't jump in now as it appears to be too late. When does this whole pyramid collapse, if at all?
Meanwhile, stock market gurus are patting the "matured" retail investor on his/her back for their commitment to saving and investing come what may. They are coming up with all kinds of schemes to keep the retail guys interested. Excitement remains high. Every dip is a buy opportunity.
Step 7 - This is the step where the retail investor calls everyone's bluff and says that a lot of what is happening is just non sense. Investing sensibly and pouring large chunks of savings via SIPs month after month, without a care of quality and valuation, are not the same thing. When they call this bluff, if at all, that will be the end of this carry trade. The dependable money flows will slow down, or worse, reverse. And then all hell will break lose. And that will be the real unwinding of the great Indian carry trade.
Will this cycle play out? Your guess is as good as mine.
#contramoney
@kaul_vivek
Stock markets do correct by 50% once in an every 10 year .
So in your Investing career you will get at-least 3-5 great opportunities for long term investing.
Once in every 10 year, your Equity portfolio may go down by 50% from your highest NAV .
The day you accept this , you will be just fine.