Wednesday, May 12, 2010

Investing and Happiness...

Silence speaks much more than words.  The best way to win an argument is not by arguing, but by action.

I see people wasting time arguing about how the stock they are investing is much better than another stock. This will not make you wealthy and happy.
We invest not to prove someone right or wrong or for the sake of theories, but to create wealth.
Investing should be silent, with actions.

Over the years, things have become easier for people who believe in – long term value based investments.
Thanks to the wide reach technology, internet forums, blogs and business news channels…more and more people are being deprived of thinking long term.
As we have seen in recent times, this can lead to sharp falls in stock prices of as much as 25% on a single day, that too, just on the basis of some negative news or court cases… which might be of a temporary nature.
Internet trading enables people to take decisions within seconds – and act on temptations.

I believe, because of all this we can take advantages of such situations. :)

When markets are climbing high, most people feel tempted with a sense of desperation to rush in and put money. They feel left out, and can’t resist temptation to buy. You can suddenly see many providing stock recommendations (free or paid) in a bull market.

Money doesn’t come to people who are constantly scared and afraid.
Just be open, happy, large hearted and confident – you will automatically start attracting wealth.

The best investors do the least amount of activity.

Sitting in front of a screen with numbers and watching CNBC, is not really what a fulfilling life is all about.  This, again, will not make you wealthy and happy.
And this definitely cannot be a great and recommended way to create wealth.

Every investor today needs to avoid an army of advisors and watching hundreds of news channels. He just needs to have the power of wisdom and knowledge with him.
Cut out the noise around you … and listen to the silence.

Invest silently.. Consistently. Avoid temptations. Don’t waste energy arguing.

Soon, when the world panics again, it will be time for a select few to create extraordinary wealth.

3 comments:

Brijesh said...

Atta boy. You practise what you preach ? Agree on the noise part of the media. Absolutely unnecessary but a good tool for the smart folks ?

Puneet said...

@Brijesh:
First of all...I don't preach. I just express my views.
And yes..I try to follow this. Have learn't the hard way.

Puneet said...

http://www.blog.happionaire.com/