tag:blogger.com,1999:blog-80809015329991791082024-03-16T11:19:33.283+05:30SriLanka Share MarketHere at Srilanka Share Market, we’re on a mission to provide first hand information to those who are willing to invest or trade in Colombo Stock Exchange. Also heading into share market could be scary, but we SriLanka Share Market turn that fear into fun by providing educational, research materials from respectable sources.Atchuthan Sriranganhttp://www.blogger.com/profile/14778926987063809857noreply@blogger.comBlogger6087125tag:blogger.com,1999:blog-8080901532999179108.post-72994473042720226642023-08-22T23:38:00.000+05:302023-08-22T23:38:12.902+05:30Colombo Stock Exchange - Dividend History 13 + Years<div dir="ltr" style="text-align: left;" trbidi="on">
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<a href="https://docs.google.com/spreadsheet/ccc?key=0AnQXZGA3OogVdGk1UHFiRjBYMFVPZy1zcUo3ejVBNlE&usp=sharing" target="_blank"><b><span style="color: blue; font-size: large;">CSE Dividend History 13 + Years</span></b></a></div>
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Atchuthan Sriranganhttp://www.blogger.com/profile/14778926987063809857noreply@blogger.com66tag:blogger.com,1999:blog-8080901532999179108.post-7026400938000218912023-08-22T23:36:00.007+05:302023-08-22T23:38:00.665+05:30Powerful Buddha Quotes That Will Change Your Life By Julianna Summers<div><br /></div><div><p style="background-color: white; border: 0px; box-sizing: inherit; color: #334155; font-family: Helvetica, Verdana, Arial, sans-serif; font-size: 16px; margin: 0px 0px 1.49em; outline: 0px; padding: 0px; vertical-align: baseline;">The teachings of Gautama Buddha, the founder of Buddhism, have resonated through thousands of years, containing timeless wisdom that can help people transform their lives. By reflecting on his insights and integrating them into our daily practices, we can shift our perspectives in impactful ways.</p><p style="background-color: white; border: 0px; box-sizing: inherit; color: #334155; font-family: Helvetica, Verdana, Arial, sans-serif; font-size: 16px; margin: 0px 0px 1.49em; outline: 0px; padding: 0px; vertical-align: baseline;">This article looks at thought-provoking Buddha quotes and how implementing their lessons can lead to more inner peace, purpose, and mindfulness.</p><h2 style="background-color: white; border: 0px; box-sizing: inherit; clear: both; color: var(--ast-global-color-2); font-family: Helvetica, Verdana, Arial, sans-serif; font-size: 1.5625rem; font-weight: 400; line-height: 1.25em; margin: 0px 0px 20px; outline: 0px; padding: 0px; text-decoration-line: initial; text-transform: capitalize; vertical-align: baseline;">On Taking Responsibility For Your Enlightenment</h2><p style="background-color: white; border: 0px; box-sizing: inherit; color: #334155; font-family: Helvetica, Verdana, Arial, sans-serif; font-size: 16px; margin: 0px 0px 1.49em; outline: 0px; padding: 0px; vertical-align: baseline;"><span style="box-sizing: inherit; font-weight: 700;">“No one saves us but ourselves. No one can and no one may. We ourselves must walk the path.”</span></p><p style="background-color: white; border: 0px; box-sizing: inherit; color: #334155; font-family: Helvetica, Verdana, Arial, sans-serif; font-size: 16px; margin: 0px 0px 1.49em; outline: 0px; padding: 0px; vertical-align: baseline;">This quote emphasizes the importance of self-reliance and taking responsibility for your growth or enlightenment; instead of waiting for someone to “save” you, work on your spiritual development through mindful meditation, reading, and other practices. Commit to your journey.</p><p style="background-color: white; border: 0px; box-sizing: inherit; color: #334155; font-family: Helvetica, Verdana, Arial, sans-serif; font-size: 16px; margin: 0px 0px 1.49em; outline: 0px; padding: 0px; vertical-align: baseline;">For example, Sandra was stuck in a job she disliked and struggling with anxiety and depression. Instead of waiting for a partner, friend, or therapist to fix her problems, she practiced daily meditation. She also made changes to her routine and diet to manage stress. Over time, Sandra gained more clarity and control over her mental health.</p><h2 style="background-color: white; border: 0px; box-sizing: inherit; clear: both; color: var(--ast-global-color-2); font-family: Helvetica, Verdana, Arial, sans-serif; font-size: 1.5625rem; font-weight: 400; line-height: 1.25em; margin: 0px 0px 20px; outline: 0px; padding: 0px; text-decoration-line: initial; text-transform: capitalize; vertical-align: baseline;">On The Power Of Perspective</h2><p style="background-color: white; border: 0px; box-sizing: inherit; color: #334155; font-family: Helvetica, Verdana, Arial, sans-serif; font-size: 16px; margin: 0px 0px 1.49em; outline: 0px; padding: 0px; vertical-align: baseline;"><span style="box-sizing: inherit; font-weight: 700;">“The mind is everything. What you think you become.”</span></p><p style="background-color: white; border: 0px; box-sizing: inherit; color: #334155; font-family: Helvetica, Verdana, Arial, sans-serif; font-size: 16px; margin: 0px 0px 1.49em; outline: 0px; padding: 0px; vertical-align: baseline;">This profound quote points to our thoughts and perspectives critical role in shaping our realities. By cultivating positivity and rejecting negative mindsets, we can improve our lives.</p><p style="background-color: white; border: 0px; box-sizing: inherit; color: #334155; font-family: Helvetica, Verdana, Arial, sans-serif; font-size: 16px; margin: 0px 0px 1.49em; outline: 0px; padding: 0px; vertical-align: baseline;">Mark illustrates this. He tended to focus on failure and doubt his abilities. Mark gained confidence by consciously retraining his mind to think, encouraging thoughts, and affirming his strengths. His grades and performance improved dramatically at school and work.</p><h2 style="background-color: white; border: 0px; box-sizing: inherit; clear: both; color: var(--ast-global-color-2); font-family: Helvetica, Verdana, Arial, sans-serif; font-size: 1.5625rem; font-weight: 400; line-height: 1.25em; margin: 0px 0px 20px; outline: 0px; padding: 0px; text-decoration-line: initial; text-transform: capitalize; vertical-align: baseline;">On Living In The Present</h2><p style="background-color: white; border: 0px; box-sizing: inherit; color: #334155; font-family: Helvetica, Verdana, Arial, sans-serif; font-size: 16px; margin: 0px 0px 1.49em; outline: 0px; padding: 0px; vertical-align: baseline;"><span style="box-sizing: inherit; font-weight: 700;">“Do not dwell in the past, do not dream of the future, concentrate the mind on the present moment.”</span></p><p style="background-color: white; border: 0px; box-sizing: inherit; color: #334155; font-family: Helvetica, Verdana, Arial, sans-serif; font-size: 16px; margin: 0px 0px 1.49em; outline: 0px; padding: 0px; vertical-align: baseline;">Buddha teaches that being fully engaged in the present is vital to inner peace. Letting go of past regrets and future worries brings clarity. Each moment is an opportunity to practice mindfulness.</p><p style="background-color: white; border: 0px; box-sizing: inherit; color: #334155; font-family: Helvetica, Verdana, Arial, sans-serif; font-size: 16px; margin: 0px 0px 1.49em; outline: 0px; padding: 0px; vertical-align: baseline;">Liz found herself constantly overanalyzing the past and worrying about the future. She started doing 10 minutes of mindful breathing every morning to anchor herself in the present. Liz also tried to catch her mind wandering and gently bring it back to the now. Her stress levels decreased significantly.</p><h2 style="background-color: white; border: 0px; box-sizing: inherit; clear: both; color: var(--ast-global-color-2); font-family: Helvetica, Verdana, Arial, sans-serif; font-size: 1.5625rem; font-weight: 400; line-height: 1.25em; margin: 0px 0px 20px; outline: 0px; padding: 0px; text-decoration-line: initial; text-transform: capitalize; vertical-align: baseline;">On Persistence And Commitment</h2><span class="ezoic-autoinsert-video ezoic-mid_content" face="Helvetica, Verdana, Arial, sans-serif" style="background-color: white; box-sizing: inherit; color: #334155; font-size: 16px;"></span><p style="background-color: white; border: 0px; box-sizing: inherit; color: #334155; font-family: Helvetica, Verdana, Arial, sans-serif; font-size: 16px; margin: 0px 0px 1.49em; outline: 0px; padding: 0px; vertical-align: baseline;"><span style="box-sizing: inherit; font-weight: 700;">“There are only two mistakes one can make along the road to truth: not going all the way and not starting.”</span></p><p style="background-color: white; border: 0px; box-sizing: inherit; color: #334155; font-family: Helvetica, Verdana, Arial, sans-serif; font-size: 16px; margin: 0px 0px 1.49em; outline: 0px; padding: 0px; vertical-align: baseline;">This inspirational quote emphasizes the importance of starting your spiritual path immediately while sticking with it. The journey requires commitment and persistence.</p><p style="background-color: white; border: 0px; box-sizing: inherit; color: #334155; font-family: Helvetica, Verdana, Arial, sans-serif; font-size: 16px; margin: 0px 0px 1.49em; outline: 0px; padding: 0px; vertical-align: baseline;">For years, Jamal thought about meditating and living more mindfully, but never began. Once he finally started a simple mindfulness routine, he gained tremendous benefits. Jamal wishes he had started sooner but is glad he found the courage to begin.</p><h2 style="background-color: white; border: 0px; box-sizing: inherit; clear: both; color: var(--ast-global-color-2); font-family: Helvetica, Verdana, Arial, sans-serif; font-size: 1.5625rem; font-weight: 400; line-height: 1.25em; margin: 0px 0px 20px; outline: 0px; padding: 0px; text-decoration-line: initial; text-transform: capitalize; vertical-align: baseline;">On Embodying Your Path</h2><p style="background-color: white; border: 0px; box-sizing: inherit; color: #334155; font-family: Helvetica, Verdana, Arial, sans-serif; font-size: 16px; margin: 0px 0px 1.49em; outline: 0px; padding: 0px; vertical-align: baseline;"><span style="box-sizing: inherit; font-weight: 700;">“You cannot travel the path until you have become the path itself.”</span></p><p style="background-color: white; border: 0px; box-sizing: inherit; color: #334155; font-family: Helvetica, Verdana, Arial, sans-serif; font-size: 16px; margin: 0px 0px 1.49em; outline: 0px; padding: 0px; vertical-align: baseline;">Buddha suggests that understanding virtues like compassion is not just intellectually enough. We must fully embody and live them to progress spiritually.</p><p style="background-color: white; border: 0px; box-sizing: inherit; color: #334155; font-family: Helvetica, Verdana, Arial, sans-serif; font-size: 16px; margin: 0px 0px 1.49em; outline: 0px; padding: 0px; vertical-align: baseline;">Julia took this quote to heart. Instead of occasionally donating to charity when it was convenient, she made volunteering a regular part of her schedule. This shifted her perspective profoundly, helping her develop genuine empathy and selflessness.</p><span class="ezoic-autoinsert-video ezoic-long_content" face="Helvetica, Verdana, Arial, sans-serif" style="background-color: white; box-sizing: inherit; color: #334155; font-size: 16px;"></span><h2 style="background-color: white; border: 0px; box-sizing: inherit; clear: both; color: var(--ast-global-color-2); font-family: Helvetica, Verdana, Arial, sans-serif; font-size: 1.5625rem; font-weight: 400; line-height: 1.25em; margin: 0px 0px 20px; outline: 0px; padding: 0px; text-decoration-line: initial; text-transform: capitalize; vertical-align: baseline;">On Anger Hurting You Most</h2><p style="background-color: white; border: 0px; box-sizing: inherit; color: #334155; font-family: Helvetica, Verdana, Arial, sans-serif; font-size: 16px; margin: 0px 0px 1.49em; outline: 0px; padding: 0px; vertical-align: baseline;"><span style="box-sizing: inherit; font-weight: 700;">“Holding on to anger is like grasping a hot coal with the intent of throwing it at someone else; you are the one who gets burned.”</span></p><p style="background-color: white; border: 0px; box-sizing: inherit; color: #334155; font-family: Helvetica, Verdana, Arial, sans-serif; font-size: 16px; margin: 0px 0px 1.49em; outline: 0px; padding: 0px; vertical-align: baseline;">This analogy emphasizes how anger and resentment are ultimately self-destructive. Letting go leads to inner peace and harmony with others.</p><p style="background-color: white; border: 0px; box-sizing: inherit; color: #334155; font-family: Helvetica, Verdana, Arial, sans-serif; font-size: 16px; margin: 0px 0px 1.49em; outline: 0px; padding: 0px; vertical-align: baseline;">When Amit’s business partner betrayed him, he was outraged and wanted revenge. But after reflecting on this quote, he realized that nurturing grudges would only hurt himself, not the other person. Amit forgave his partner and moved forward.</p><h2 style="background-color: white; border: 0px; box-sizing: inherit; clear: both; color: var(--ast-global-color-2); font-family: Helvetica, Verdana, Arial, sans-serif; font-size: 1.5625rem; font-weight: 400; line-height: 1.25em; margin: 0px 0px 20px; outline: 0px; padding: 0px; text-decoration-line: initial; text-transform: capitalize; vertical-align: baseline;">On What Truly Matters Most</h2><p style="background-color: white; border: 0px; box-sizing: inherit; color: #334155; font-family: Helvetica, Verdana, Arial, sans-serif; font-size: 16px; margin: 0px 0px 1.49em; outline: 0px; padding: 0px; vertical-align: baseline;"><span style="box-sizing: inherit; font-weight: 700;">“Health is the greatest gift, contentment the greatest wealth, faithfulness the best relationship.”</span></p><p style="background-color: white; border: 0px; box-sizing: inherit; color: #334155; font-family: Helvetica, Verdana, Arial, sans-serif; font-size: 16px; margin: 0px 0px 1.49em; outline: 0px; padding: 0px; vertical-align: baseline;">This wise quote helps provide perspective on what matters most in life. The key to balance is prioritizing your health, finding inner fulfillment, and nurturing good relationships.</p><p style="background-color: white; border: 0px; box-sizing: inherit; color: #334155; font-family: Helvetica, Verdana, Arial, sans-serif; font-size: 16px; margin: 0px 0px 1.49em; outline: 0px; padding: 0px; vertical-align: baseline;">Emma worked long hours chasing professional success and accolades. Eventually, she became burned out and unfulfilled. Reflecting on this Buddha quote helped her realize that she needed to focus more on self-care, contentment, and spending time with family.</p><h2 style="background-color: white; border: 0px; box-sizing: inherit; clear: both; color: var(--ast-global-color-2); font-family: Helvetica, Verdana, Arial, sans-serif; font-size: 1.5625rem; font-weight: 400; line-height: 1.25em; margin: 0px 0px 20px; outline: 0px; padding: 0px; text-decoration-line: initial; text-transform: capitalize; vertical-align: baseline;">On The Present Being A Gift</h2><p style="background-color: white; border: 0px; box-sizing: inherit; color: #334155; font-family: Helvetica, Verdana, Arial, sans-serif; font-size: 16px; margin: 0px 0px 1.49em; outline: 0px; padding: 0px; vertical-align: baseline;"><span style="box-sizing: inherit; font-weight: 700;">“Every morning we are born again. What we do today is what matters most.”</span></p><span class="ezoic-autoinsert-video ezoic-longer_content" face="Helvetica, Verdana, Arial, sans-serif" style="background-color: white; box-sizing: inherit; color: #334155; font-size: 16px;"></span><p style="background-color: white; border: 0px; box-sizing: inherit; color: #334155; font-family: Helvetica, Verdana, Arial, sans-serif; font-size: 16px; margin: 0px 0px 1.49em; outline: 0px; padding: 0px; vertical-align: baseline;">Start each day with this positive mindset. Let go of the past, which you cannot change, and focus on making the present count through good deeds, mindfulness, and gratitude.</p><p style="background-color: white; border: 0px; box-sizing: inherit; color: #334155; font-family: Helvetica, Verdana, Arial, sans-serif; font-size: 16px; margin: 0px 0px 1.49em; outline: 0px; padding: 0px; vertical-align: baseline;">Manuel applied this lesson by setting a daily morning intention to live with purpose and appreciation. He also did a nightly review to improve the next day. His attitude gradually became more optimistic.</p><h2 style="background-color: white; border: 0px; box-sizing: inherit; clear: both; color: var(--ast-global-color-2); font-family: Helvetica, Verdana, Arial, sans-serif; font-size: 1.5625rem; font-weight: 400; line-height: 1.25em; margin: 0px 0px 20px; outline: 0px; padding: 0px; text-decoration-line: initial; text-transform: capitalize; vertical-align: baseline;">On Making Your Thoughts Constructive</h2><p style="background-color: white; border: 0px; box-sizing: inherit; color: #334155; font-family: Helvetica, Verdana, Arial, sans-serif; font-size: 16px; margin: 0px 0px 1.49em; outline: 0px; padding: 0px; vertical-align: baseline;"><span style="box-sizing: inherit; font-weight: 700;">“The trouble is, you think you have time.”</span></p><p style="background-color: white; border: 0px; box-sizing: inherit; color: #334155; font-family: Helvetica, Verdana, Arial, sans-serif; font-size: 16px; margin: 0px 0px 1.49em; outline: 0px; padding: 0px; vertical-align: baseline;">This quote is a profound reminder not to procrastinate and to appreciate each moment. It encourages you to make the most of your thoughts and time here.</p><p style="background-color: white; border: 0px; box-sizing: inherit; color: #334155; font-family: Helvetica, Verdana, Arial, sans-serif; font-size: 16px; margin: 0px 0px 1.49em; outline: 0px; padding: 0px; vertical-align: baseline;">After pondering this insight, Nina decided to stop delaying activities that brought her joy. She asked herself – if today was her last day, what would she do? Nina started writing again, reconnecting with old friends, and traveling more.</p><h2 style="background-color: white; border: 0px; box-sizing: inherit; clear: both; color: var(--ast-global-color-2); font-family: Helvetica, Verdana, Arial, sans-serif; font-size: 1.5625rem; font-weight: 400; line-height: 1.25em; margin: 0px 0px 20px; outline: 0px; padding: 0px; text-decoration-line: initial; text-transform: capitalize; vertical-align: baseline;">On Finding Inner Peace</h2><p style="background-color: white; border: 0px; box-sizing: inherit; color: #334155; font-family: Helvetica, Verdana, Arial, sans-serif; font-size: 16px; margin: 0px 0px 1.49em; outline: 0px; padding: 0px; vertical-align: baseline;"><span style="box-sizing: inherit; font-weight: 700;">“Peace comes from within. Do not seek it without.”</span></p><p style="background-color: white; border: 0px; box-sizing: inherit; color: #334155; font-family: Helvetica, Verdana, Arial, sans-serif; font-size: 16px; margin: 0px 0px 1.49em; outline: 0px; padding: 0px; vertical-align: baseline;">True happiness and fulfillment come from nurturing inner qualities like compassion, wisdom, and mindfulness. It cannot be found in external circumstances alone.</p><p style="background-color: white; border: 0px; box-sizing: inherit; color: #334155; font-family: Helvetica, Verdana, Arial, sans-serif; font-size: 16px; margin: 0px 0px 1.49em; outline: 0px; padding: 0px; vertical-align: baseline;">James believed a high-paying job and a lovely house would bring happiness. In reality, his busy lifestyle left him drained. After reading this quote, James cut back on work to free up time and energy for the people and activities he loved most. His contentment increased significantly.</p><h2 style="background-color: white; border: 0px; box-sizing: inherit; clear: both; color: var(--ast-global-color-2); font-family: Helvetica, Verdana, Arial, sans-serif; font-size: 1.5625rem; font-weight: 400; line-height: 1.25em; margin: 0px 0px 20px; outline: 0px; padding: 0px; text-decoration-line: initial; text-transform: capitalize; vertical-align: baseline;">Conclusion</h2><p style="background-color: white; border: 0px; box-sizing: inherit; color: #334155; font-family: Helvetica, Verdana, Arial, sans-serif; font-size: 16px; margin: 0px 0px 1.49em; outline: 0px; padding: 0px; vertical-align: baseline;">Implementing Buddha’s teachings on self-responsibility, living in the present, letting go of anger, and nurturing inner peace can help transform your life. You can achieve greater wisdom, purpose, and serenity by regularly reflecting on his quotes as guides and integrating their lessons into your daily practices.</p><span class="ezoic-autoinsert-video ezoic-longest_content" face="Helvetica, Verdana, Arial, sans-serif" style="background-color: white; box-sizing: inherit; color: #334155; font-size: 16px;"></span><p style="background-color: white; border: 0px; box-sizing: inherit; color: #334155; font-family: Helvetica, Verdana, Arial, sans-serif; font-size: 16px; margin: 0px 0px 1.49em; outline: 0px; padding: 0px; vertical-align: baseline;">What quote resonated most with you? Find one to return to any time you need inspiration or perspective. With an open mind and commitment, your path to positive change can unfold one mindful step at a time.</p><p style="background-color: white; border: 0px; box-sizing: inherit; color: #334155; font-family: Helvetica, Verdana, Arial, sans-serif; font-size: 16px; margin: 0px 0px 1.49em; outline: 0px; padding: 0px; vertical-align: baseline;">Source:www.newtraderu.com</p></div>Srirangan Kathiraveluhttp://www.blogger.com/profile/05582587451681053792noreply@blogger.com0tag:blogger.com,1999:blog-8080901532999179108.post-53293232316120817052023-08-08T12:20:00.004+05:302023-08-08T12:20:59.496+05:30Top 5 Mistakes Beginners In The Stock Market Make<p> <span style="background-color: white; color: #046bd2; font-family: Helvetica, Verdana, Arial, sans-serif; font-size: 16px;">By </span><span class="posted-by vcard author" itemprop="author" itemscope="" itemtype="https://schema.org/Person" style="background-color: white; box-sizing: inherit; color: #046bd2; font-family: Helvetica, Verdana, Arial, sans-serif; font-size: 16px; line-height: 1.45; word-break: break-word;">Steve Burns</span></p><p><span style="color: #334155; font-family: Helvetica, Verdana, Arial, sans-serif; font-size: 16px; font-style: inherit; font-weight: inherit;">Navigating the vast landscape of the stock market can be both exhilarating and overwhelming, especially for those just starting their investment journey. Tales of overnight fortunes can be enticing, but they often overshadow the pitfalls that can trap the unprepared. Equipping yourself with knowledge is the first step towards avoiding these common traps. This article will shed light on five prevalent mistakes new investors often fall victim to and provide insights on how to avoid them. By understanding these errors and the principles behind sound investing, you’ll be better positioned to safeguard your investment capital and thrive in the dynamic world of stocks. Keep reading to fortify your foundation and become a more informed investor.</span></p><article class="post-55109 post type-post status-publish format-standard has-post-thumbnail hentry category-investing tag-investment tag-investors tag-stock-market ast-article-single" id="post-55109" itemscope="" itemtype="https://schema.org/CreativeWork" style="background-image: none; border-bottom: 0px; box-sizing: inherit; color: #334155; font-family: Helvetica, Verdana, Arial, sans-serif; font-size: 16px; margin: 0px; padding: 3em;"><div class="ast-post-format- single-layout-1" style="box-sizing: inherit;"><div class="entry-content clear" itemprop="text" style="box-sizing: inherit; overflow-wrap: break-word;"><div class="bialty-container" style="box-sizing: inherit; margin-bottom: 0px;"><p style="border: 0px; box-sizing: inherit; font-style: inherit; font-weight: inherit; margin: 0px 0px 1.49em; outline: 0px; padding: 0px; vertical-align: baseline;"><span style="box-sizing: inherit; font-weight: 700;">5 Common mistakes made by beginners while investing:</span></p><ol style="border: 0px; box-sizing: border-box; font-style: inherit; font-weight: inherit; list-style-image: initial; list-style-position: initial; margin: revert; outline: 0px; padding: revert; vertical-align: baseline;"><li style="border: 0px; box-sizing: inherit; font-style: inherit; font-weight: inherit; margin: 0px; outline: 0px; padding: 0px; vertical-align: baseline;"><span style="box-sizing: inherit; font-weight: 700;">Lack of a defined investment strategy or plan.</span></li><li style="border: 0px; box-sizing: inherit; font-style: inherit; font-weight: inherit; margin: 0px; outline: 0px; padding: 0px; vertical-align: baseline;"><span style="box-sizing: inherit; font-weight: 700;">Chasing small gains or getting into trends too late.</span></li><li style="border: 0px; box-sizing: inherit; font-style: inherit; font-weight: inherit; margin: 0px; outline: 0px; padding: 0px; vertical-align: baseline;"><span style="box-sizing: inherit; font-weight: 700;">Letting your emotions drive investment decisions.</span></li><li style="border: 0px; box-sizing: inherit; font-style: inherit; font-weight: inherit; margin: 0px; outline: 0px; padding: 0px; vertical-align: baseline;"><span style="box-sizing: inherit; font-weight: 700;">Failing to diversify.</span></li><li style="border: 0px; box-sizing: inherit; font-style: inherit; font-weight: inherit; margin: 0px; outline: 0px; padding: 0px; vertical-align: baseline;"><span style="box-sizing: inherit; font-weight: 700;">Insufficient research or relying solely on tips and rumors.</span></li></ol><h2 style="border: 0px; box-sizing: inherit; clear: both; color: var(--ast-global-color-2); font-size: 1.5625rem; font-style: inherit; font-weight: 400; letter-spacing: 0px; line-height: 1.25em; margin: 0px 0px 20px; outline: 0px; padding: 0px; text-decoration-line: initial; text-transform: capitalize; vertical-align: baseline;">1. Lack Of A Defined Investment Strategy Or Plan.</h2><p style="border: 0px; box-sizing: inherit; font-style: inherit; font-weight: inherit; margin: 0px 0px 1.49em; outline: 0px; padding: 0px; vertical-align: baseline;">For many beginners, the stock market appears as a tempting opportunity to grow wealth quickly. New investors become enthralled by stories of overnight successes or individuals turning small investments into fortunes. Many dive in without a well-defined plan. However, successful investing is less about luck and more about strategy. Let’s explore why not having a clear investment plan can be a critical misstep:</p><p style="border: 0px; box-sizing: inherit; font-style: inherit; font-weight: inherit; margin: 0px 0px 1.49em; outline: 0px; padding: 0px; vertical-align: baseline;">1. <span style="box-sizing: inherit; font-weight: 700;">Flying Blind</span>: Without a strategy, you’re essentially gambling. While some bets might pay off, the odds are not in your favor over the long run. Investors with a plan have clear objectives and milestones, enabling them to measure their performance and adjust accordingly.</p><p style="border: 0px; box-sizing: inherit; font-style: inherit; font-weight: inherit; margin: 0px 0px 1.49em; outline: 0px; padding: 0px; vertical-align: baseline;">2. <a href="https://www.newtraderu.com/2023/03/20/proactive-vs-reactive-be-proactive/" style="box-sizing: inherit; transition: all 0.2s linear 0s;"><span style="box-sizing: inherit; font-weight: 700;">Reactivity Over Proactivity</span>:</a> Without a plan, you become vulnerable to market volatility. The ebbs and flows of the stock market can be unsettling. Without a strategy, an investor will likely react impulsively to short-term events, potentially selling low and buying high, which is the opposite of a profitable approach.</p><p style="border: 0px; box-sizing: inherit; font-style: inherit; font-weight: inherit; margin: 0px 0px 1.49em; outline: 0px; padding: 0px; vertical-align: baseline;">3.<a href="https://www.newtraderu.com/2023/07/13/a-complete-guide-to-goal-setting/" style="box-sizing: inherit; transition: all 0.2s linear 0s;"> <span style="box-sizing: inherit; font-weight: 700;">Lack of Clear Goals</span>:</a> A strategy clarifies financial goals. Are you investing for retirement, to buy a home, or for your child’s education? Each goal may require a different approach and timeline. Without defining these, it’s easy to lose sight of why you began investing in the first place.</p><p style="border: 0px; box-sizing: inherit; font-style: inherit; font-weight: inherit; margin: 0px 0px 1.49em; outline: 0px; padding: 0px; vertical-align: baseline;">4. <span style="box-sizing: inherit; font-weight: 700;">Difficulty in Assessing Performance</span>: How do you know if you’re on the right track without a plan? Regularly reviewing and comparing your portfolio’s performance against your objectives is essential. Without set benchmarks or goals, such evaluations become challenging. You can improve what you measure.</p><p style="border: 0px; box-sizing: inherit; font-style: inherit; font-weight: inherit; margin: 0px 0px 1.49em; outline: 0px; padding: 0px; vertical-align: baseline;">5. <span style="box-sizing: inherit; font-weight: 700;">Increased Risk of Loss</span>: A structured investment plan often considers risk tolerance and time horizon factors. Jumping into investments without assessing these factors can expose one to undue risk, potentially leading to significant losses.</p><p style="border: 0px; box-sizing: inherit; font-style: inherit; font-weight: inherit; margin: 0px 0px 1.49em; outline: 0px; padding: 0px; vertical-align: baseline;">Think of entering the stock market as setting out on a journey. Would you venture into unknown territory without a map, compass, or destination? Similarly, diving into the vast world of stocks without a strategy or plan is precarious. A well-defined <a href="https://www.newtraderu.com/2022/05/09/the-ultimate-trading-plan-template/" style="box-sizing: inherit; transition: all 0.2s linear 0s;">investment plan</a> not only offers direction but also provides a safety net against the inherent uncertainties of the market.</p><span class="ezoic-autoinsert-video ezoic-mid_content" style="box-sizing: inherit;"></span><h2 style="border: 0px; box-sizing: inherit; clear: both; color: var(--ast-global-color-2); font-size: 1.5625rem; font-style: inherit; font-weight: 400; letter-spacing: 0px; line-height: 1.25em; margin: 0px 0px 20px; outline: 0px; padding: 0px; text-decoration-line: initial; text-transform: capitalize; vertical-align: baseline;">2. Chasing Small Gains Or Getting Into Trends Too Late</h2><p style="border: 0px; box-sizing: inherit; font-style: inherit; font-weight: inherit; margin: 0px 0px 1.49em; outline: 0px; padding: 0px; vertical-align: baseline;">When you’re new to the stock market, the allure of quick profits can be hard to resist. However, this can often lead to a trap of chasing minuscule gains or jumping on the bandwagon of a trend when it’s already at its peak. Let’s delve into why these strategies can be detrimental to novice investors:</p><ol style="border: 0px; box-sizing: border-box; font-style: inherit; font-weight: inherit; list-style-image: initial; list-style-position: initial; margin: revert; outline: 0px; padding: revert; vertical-align: baseline;"><li style="border: 0px; box-sizing: inherit; font-style: inherit; font-weight: inherit; margin: 0px; outline: 0px; padding: 0px; vertical-align: baseline;"><span style="box-sizing: inherit; font-weight: 700;">Short-term vs. Long-term Vision</span>: The stock market is inherently volatile. Aiming for small gains might work in the short term, but it’s not sustainable. Constantly trying to time the market for minor profits can lead to frequent trading, higher transaction costs, and added stress. A longer-term vision with a focus on value can provide more stable returns.</li><li style="border: 0px; box-sizing: inherit; font-style: inherit; font-weight: inherit; margin: 0px; outline: 0px; padding: 0px; vertical-align: baseline;"><span style="box-sizing: inherit; font-weight: 700;">Risk of Late Entries</span>: Hearing stories of stocks that have skyrocketed can be tempting. But when a trend becomes mainstream news, it might have already peaked. Buying into stock at its all-time high is risky, as there’s often limited room for growth and a higher potential for decline.</li><li style="border: 0px; box-sizing: inherit; font-style: inherit; font-weight: inherit; margin: 0px; outline: 0px; padding: 0px; vertical-align: baseline;"><span style="box-sizing: inherit; font-weight: 700;">Emotional Trading</span>: Reacting to market movements and media buzz can lead to emotional decisions rather than ones based on sound research. Emotions like <a href="https://www.newtraderu.com/2022/10/31/trading-psychology-how-to-handle-fomo/" style="box-sizing: inherit; transition: all 0.2s linear 0s;">FOMO (Fear of Missing Out)</a> can push beginners to make hasty investments without proper analysis.</li><li style="border: 0px; box-sizing: inherit; font-style: inherit; font-weight: inherit; margin: 0px; outline: 0px; padding: 0px; vertical-align: baseline;"><span style="box-sizing: inherit; font-weight: 700;">Lack of Diversification</span>: When chasing after a specific trend or stock, beginners might neglect the fundamental principle of <a href="https://www.newtraderu.com/2021/07/06/what-is-diversification/" style="box-sizing: inherit; transition: all 0.2s linear 0s;">diversification.</a> Investing all resources in one trend can expose one’s portfolio to unnecessary risks.</li><li style="border: 0px; box-sizing: inherit; font-style: inherit; font-weight: inherit; margin: 0px; outline: 0px; padding: 0px; vertical-align: baseline;"><span style="box-sizing: inherit; font-weight: 700;">Ignoring Fundamentals</span>: Trends come and go, but a <a href="https://www.newtraderu.com/2020/01/07/fundamental-analysis-of-stocks-using-can-slim/" style="box-sizing: inherit; transition: all 0.2s linear 0s;">company’s fundamentals</a> – earnings, liabilities, and growth prospects – remain crucial. Instead of just following the crowd, it’s imperative to understand the company you’re investing in.</li></ol><span class="ezoic-autoinsert-video ezoic-long_content" style="box-sizing: inherit;"></span><p style="border: 0px; box-sizing: inherit; font-style: inherit; font-weight: inherit; margin: 0px 0px 1.49em; outline: 0px; padding: 0px; vertical-align: baseline;">While wanting quick returns or being part of the latest stock market trend is natural, beginners should be cautious. Investing requires patience, research, and a well-thought-out strategy. Instead of chasing the wind, build a solid foundation for your investment journey.</p><h2 style="border: 0px; box-sizing: inherit; clear: both; color: var(--ast-global-color-2); font-size: 1.5625rem; font-style: inherit; font-weight: 400; letter-spacing: 0px; line-height: 1.25em; margin: 0px 0px 20px; outline: 0px; padding: 0px; text-decoration-line: initial; text-transform: capitalize; vertical-align: baseline;">3. Letting Your Emotions Drive Investment Decisions</h2><p style="border: 0px; box-sizing: inherit; font-style: inherit; font-weight: inherit; margin: 0px 0px 1.49em; outline: 0px; padding: 0px; vertical-align: baseline;">The <a href="https://www.newtraderu.com/2022/12/26/stock-market-for-beginners-step-by-step-guide/" style="box-sizing: inherit; transition: all 0.2s linear 0s;">stock market</a> is a complex interplay of numbers, trends, and predictions. But one factor that can unpredictably skew all three is <a href="https://www.newtraderu.com/2012/02/18/understanding-a-traders-emotions/" style="box-sizing: inherit; transition: all 0.2s linear 0s;">emotion.</a> For beginners especially, the emotional rollercoaster of investing can be overwhelming. Understanding why letting your feelings drive your investments can be problematic is essential. Here’s why:</p><ol style="border: 0px; box-sizing: border-box; font-style: inherit; font-weight: inherit; list-style-image: initial; list-style-position: initial; margin: revert; outline: 0px; padding: revert; vertical-align: baseline;"><li style="border: 0px; box-sizing: inherit; font-style: inherit; font-weight: inherit; margin: 0px; outline: 0px; padding: 0px; vertical-align: baseline;"><span style="box-sizing: inherit; font-weight: 700;">Fear and Panic</span>: The most immediate emotion new investors often grapple with is <a href="https://www.newtraderu.com/2023/06/21/how-to-overcome-fear-2/" style="box-sizing: inherit; transition: all 0.2s linear 0s;">fear.</a> The immediate reaction might be to sell everything, whether it’s a sudden market downturn or bad news regarding a particular stock. However, market volatility is natural, and panicking can lead to locking in losses unnecessarily.</li><li style="border: 0px; box-sizing: inherit; font-style: inherit; font-weight: inherit; margin: 0px; outline: 0px; padding: 0px; vertical-align: baseline;"><span style="box-sizing: inherit; font-weight: 700;">Overconfidence</span>: On the flip side of fear is overconfidence. A few initial successful trades can give beginners a sense of invulnerability, leading them to make reckless decisions or over-leverage their positions.</li><li style="border: 0px; box-sizing: inherit; font-style: inherit; font-weight: inherit; margin: 0px; outline: 0px; padding: 0px; vertical-align: baseline;"><span style="box-sizing: inherit; font-weight: 700;">Attachment to Specific Stocks</span>: Sometimes, beginners buy shares in a company they have a personal affinity for, whether a favorite tech brand or a local business. While loyalty is commendable, an emotional attachment can blind investors to red flags, preventing them from selling a consistently underperforming stock.</li><li style="border: 0px; box-sizing: inherit; font-style: inherit; font-weight: inherit; margin: 0px; outline: 0px; padding: 0px; vertical-align: baseline;"><span style="box-sizing: inherit; font-weight: 700;">Chasing Past Performance</span>: It’s easy to get emotionally tied to the success stories of yesteryear. Just because a stock performed well in the past doesn’t guarantee future success. Basing decisions on historical performance without considering the current context can be misleading.</li><li style="border: 0px; box-sizing: inherit; font-style: inherit; font-weight: inherit; margin: 0px; outline: 0px; padding: 0px; vertical-align: baseline;"><span style="box-sizing: inherit; font-weight: 700;">Avoidance of Loss Acceptance</span>: No one likes to admit they made a mistake. But in investing, refusing to accept and<a href="https://www.newtraderu.com/2018/07/20/a-guide-to-stop-losses/" style="box-sizing: inherit; transition: all 0.2s linear 0s;"> cut a loss</a> can be detrimental. Holding onto a plummeting stock in the hopes it will bounce back, driven by pride or hope, can lead to even more significant losses.</li></ol><span class="ezoic-autoinsert-video ezoic-longer_content" style="box-sizing: inherit;"></span><p style="border: 0px; box-sizing: inherit; font-style: inherit; font-weight: inherit; margin: 0px 0px 1.49em; outline: 0px; padding: 0px; vertical-align: baseline;">The stock market isn’t a place for emotional decisions. It demands research, understanding, and a rational approach. Beginners should always take a step back, evaluate their motives, and ensure they make decisions based on data and strategy rather than feelings. Developing a habit of objective decision-making early on can set the stage for long-term investing success.</p><h2 style="border: 0px; box-sizing: inherit; clear: both; color: var(--ast-global-color-2); font-size: 1.5625rem; font-style: inherit; font-weight: 400; letter-spacing: 0px; line-height: 1.25em; margin: 0px 0px 20px; outline: 0px; padding: 0px; text-decoration-line: initial; text-transform: capitalize; vertical-align: baseline;">4. Failing To Diversify</h2><p style="border: 0px; box-sizing: inherit; font-style: inherit; font-weight: inherit; margin: 0px 0px 1.49em; outline: 0px; padding: 0px; vertical-align: baseline;">“Diversification” is a term that seasoned investors swear by, but beginners often overlook its significance. Legendary investor <a href="https://www.newtraderu.com/2019/05/03/ray-dalio-explains-his-holy-grail/" style="box-sizing: inherit; transition: all 0.2s linear 0s;">Ray Dalio says it is the holy grail</a> of investing. Diversification involves spreading your investments across various assets to reduce the risk of a poor-performing investment. However, beginners sometimes pour their resources into just one or two stocks, believing they’ve found the next “big thing.” Let’s delve into the dangers of this approach and the advantages of a diversified portfolio:</p><span class="ezoic-autoinsert-ad ezoic-long_content" style="box-sizing: inherit;"></span><ol style="border: 0px; box-sizing: border-box; font-style: inherit; font-weight: inherit; list-style-image: initial; list-style-position: initial; margin: revert; outline: 0px; padding: revert; vertical-align: baseline;"><li style="border: 0px; box-sizing: inherit; font-style: inherit; font-weight: inherit; margin: 0px; outline: 0px; padding: 0px; vertical-align: baseline;"><span style="box-sizing: inherit; font-weight: 700;">All Eggs in One Basket</span>: Investing heavily in a single stock or sector is high-risk. If that particular stock or sector underperforms, it can substantially impact the entire investment. Diversification ensures that even if one asset underperforms, others can offset the losses.</li><li style="border: 0px; box-sizing: inherit; font-style: inherit; font-weight: inherit; margin: 0px; outline: 0px; padding: 0px; vertical-align: baseline;"><span style="box-sizing: inherit; font-weight: 700;">Overexposure to Specific Risks</span>: Different sectors have their own risks. By concentrating investments in one area, beginners expose themselves to the unique risks associated with that sector, whether they’re regulatory changes, technological shifts, or market demand dynamics.</li><li style="border: 0px; box-sizing: inherit; font-style: inherit; font-weight: inherit; margin: 0px; outline: 0px; padding: 0px; vertical-align: baseline;"><span style="box-sizing: inherit; font-weight: 700;">Missing Out on Growth Opportunities</span>: The stock market is vast, with numerous sectors showing growth potential. By not diversifying, beginners might miss out on opportunities in areas they haven’t explored or considered.</li><li style="border: 0px; box-sizing: inherit; font-style: inherit; font-weight: inherit; margin: 0px; outline: 0px; padding: 0px; vertical-align: baseline;"><span style="box-sizing: inherit; font-weight: 700;">Increased Volatility</span>: A non-diversified portfolio is often more volatile. This means its value can fluctuate dramatically over a short period, leading to potential panic and poor decision-making in response to these fluctuations.</li><li style="border: 0px; box-sizing: inherit; font-style: inherit; font-weight: inherit; margin: 0px; outline: 0px; padding: 0px; vertical-align: baseline;"><span style="box-sizing: inherit; font-weight: 700;">Compromised Long-Term Returns</span>: Historically, a well-diversified portfolio has been shown to offer more stable and consistent returns over the long term. By not diversifying, beginners might jeopardize their long-term investment goals and returns.</li></ol><span class="ezoic-autoinsert-video ezoic-longest_content" style="box-sizing: inherit;"></span><p style="border: 0px; box-sizing: inherit; font-style: inherit; font-weight: inherit; margin: 0px 0px 1.49em; outline: 0px; padding: 0px; vertical-align: baseline;">In investing, there’s no way to predict the future with absolute certainty. Diversification acts as a safety net, ensuring that the impact of unforeseen adverse events is minimized. As the adage goes, “Don’t put all your eggs in one basket.” By spreading investments across different assets and sectors, beginners can navigate the unpredictable waters of the stock market with a bit more stability and confidence.</p><h2 style="border: 0px; box-sizing: inherit; clear: both; color: var(--ast-global-color-2); font-size: 1.5625rem; font-style: inherit; font-weight: 400; letter-spacing: 0px; line-height: 1.25em; margin: 0px 0px 20px; outline: 0px; padding: 0px; text-decoration-line: initial; text-transform: capitalize; vertical-align: baseline;">5. Insufficient Research Or Relying Solely On Tips And Rumors</h2><p style="border: 0px; box-sizing: inherit; font-style: inherit; font-weight: inherit; margin: 0px 0px 1.49em; outline: 0px; padding: 0px; vertical-align: baseline;">In an age where information is readily available, it’s surprisingly common for stock market beginners to take shortcuts in their research or, worse, base decisions on unsubstantiated tips and rumors. While acting on a “hot tip” might sound enticing, it’s a dangerous financial path that lacks the depth and understanding required for sustainable investing. Let’s explore the pitfalls of this approach:</p><ol style="border: 0px; box-sizing: border-box; font-style: inherit; font-weight: inherit; list-style-image: initial; list-style-position: initial; margin: revert; outline: 0px; padding: revert; vertical-align: baseline;"><li style="border: 0px; box-sizing: inherit; font-style: inherit; font-weight: inherit; margin: 0px; outline: 0px; padding: 0px; vertical-align: baseline;"><span style="box-sizing: inherit; font-weight: 700;">The Danger of Herd Mentality</span>: Acting on tips often means following the crowd. But who’s left to keep buying and driving prices higher if everyone has already bought in? When you act on a tip, the price may reflect the rumor, leaving limited potential for gains.</li><li style="border: 0px; box-sizing: inherit; font-style: inherit; font-weight: inherit; margin: 0px; outline: 0px; padding: 0px; vertical-align: baseline;"><span style="box-sizing: inherit; font-weight: 700;">Unverified Information</span>: Rumors are just that – unverified pieces of information. Basing investment decisions on unconfirmed news can lead to significant financial setbacks if the rumor is false. Also, even if the rumor is true, that is when the market sells off when it’s confirmed. <a href="https://www.newtraderu.com/2021/07/12/buy-the-rumor-sell-the-news/" style="box-sizing: inherit; transition: all 0.2s linear 0s;">The rumor was already priced in. </a><span class="ezoic-autoinsert-ad ezoic-mid_content" style="box-sizing: inherit;"></span><span id="ez-clearholder-box-4" style="box-sizing: inherit; clear: both; display: block;"></span></li><li style="border: 0px; box-sizing: inherit; font-style: inherit; font-weight: inherit; margin: 0px; outline: 0px; padding: 0px; vertical-align: baseline;"><span style="box-sizing: inherit; font-weight: 700;">Overlooking Fundamentals</span>: Stock tips rarely comprehensively assess a company’s financial health. By neglecting proper research, beginners miss out on evaluating crucial factors like a <a href="https://www.newtraderu.com/2023/07/06/how-to-calculate-the-intrinsic-value-of-a-stock-like-benjamin-graham-step-by-step/" style="box-sizing: inherit; transition: all 0.2s linear 0s;">company’s earnings, debt levels, growth prospects,</a> and competitive positioning.</li><li style="border: 0px; box-sizing: inherit; font-style: inherit; font-weight: inherit; margin: 0px; outline: 0px; padding: 0px; vertical-align: baseline;"><span style="box-sizing: inherit; font-weight: 700;">Susceptibility to Pump and Dump Schemes</span>: Some unscrupulous traders spread positive rumors about a stock to inflate its price artificially (“pump”) and then sell off their shares for a profit (“dump”), leaving unsuspecting investors with losses.</li><li style="border: 0px; box-sizing: inherit; font-style: inherit; font-weight: inherit; margin: 0px; outline: 0px; padding: 0px; vertical-align: baseline;"><span style="box-sizing: inherit; font-weight: 700;">Missed Learning Opportunities</span>: Relying solely on tips denies beginners the opportunity to understand the market dynamics and hone their analytical skills. Over time, this lack of experience can hinder their ability to make informed decisions independently.</li></ol><p style="border: 0px; box-sizing: inherit; font-style: inherit; font-weight: inherit; margin: 0px 0px 1.49em; outline: 0px; padding: 0px; vertical-align: baseline;">In investing, knowledge truly is power. While shortcuts might offer temporary gains, they’re no substitute for thorough research and a deeper understanding of market mechanisms. Beginners would remember there’s no substitute for hard work and due diligence. By cultivating a habit of comprehensive research and skepticism towards unverified information, new investors can pave the way for long-term success in the stock market.</p><span class="ezoic-autoinsert-ad ezoic-longer_content" style="box-sizing: inherit;"></span><h2 style="border: 0px; box-sizing: inherit; clear: both; color: var(--ast-global-color-2); font-size: 1.5625rem; font-style: inherit; font-weight: 400; letter-spacing: 0px; line-height: 1.25em; margin: 0px 0px 20px; outline: 0px; padding: 0px; text-decoration-line: initial; text-transform: capitalize; vertical-align: baseline;">Key Takeaways</h2><ul style="border: 0px; box-sizing: border-box; font-style: inherit; font-weight: inherit; list-style-image: initial; list-style-position: initial; margin: revert; outline: 0px; padding: revert; vertical-align: baseline;"><li style="border: 0px; box-sizing: inherit; font-style: inherit; font-weight: inherit; margin: 0px; outline: 0px; padding: 0px; vertical-align: baseline;"><span style="box-sizing: inherit; font-weight: 700;">Short-term Temptations</span>: Avoid the lure of quick, minor profits and late trend entries.</li><li style="border: 0px; box-sizing: inherit; font-style: inherit; font-weight: inherit; margin: 0px; outline: 0px; padding: 0px; vertical-align: baseline;"><span style="box-sizing: inherit; font-weight: 700;">The Power of Planning</span>: Navigate the stock market confidently with a well-defined strategy.</li><li style="border: 0px; box-sizing: inherit; font-style: inherit; font-weight: inherit; margin: 0px; outline: 0px; padding: 0px; vertical-align: baseline;"><span style="box-sizing: inherit; font-weight: 700;">Emotional Detachment</span>: Base decisions on data, not feelings, to prevent rash choices.</li><li style="border: 0px; box-sizing: inherit; font-style: inherit; font-weight: inherit; margin: 0px; outline: 0px; padding: 0px; vertical-align: baseline;"><span style="box-sizing: inherit; font-weight: 700;">Spread Your Assets</span>: Protect your investments by diversifying across sectors and stocks.</li><li style="border: 0px; box-sizing: inherit; font-style: inherit; font-weight: inherit; margin: 0px; outline: 0px; padding: 0px; vertical-align: baseline;"><span style="box-sizing: inherit; font-weight: 700;">Validate Before Investing</span>: Be skeptical of tips and prioritize in-depth research.</li></ul><h2 style="border: 0px; box-sizing: inherit; clear: both; color: var(--ast-global-color-2); font-size: 1.5625rem; font-style: inherit; font-weight: 400; letter-spacing: 0px; line-height: 1.25em; margin: 0px 0px 20px; outline: 0px; padding: 0px; text-decoration-line: initial; text-transform: capitalize; vertical-align: baseline;">Conclusion</h2><p style="border: 0px; box-sizing: inherit; font-style: inherit; font-weight: inherit; margin: 0px 0px 1.49em; outline: 0px; padding: 0px; vertical-align: baseline;">Venturing into the stock market without a roadmap is a recipe for pitfalls. By resisting immediate gratifications, crafting a well-structured investment blueprint, keeping emotions at bay, diversifying holdings, and prioritizing thorough due diligence over hearsay, beginners can position themselves for a successful and informed journey in the world of stocks. The market rewards patience, strategy, and knowledge; it’s essential to cultivate these traits for long-term success.</p><p style="border: 0px; box-sizing: inherit; font-style: inherit; font-weight: inherit; margin: 0px 0px 1.49em; outline: 0px; padding: 0px; vertical-align: baseline;">Source: www.newtraderu.com</p></div></div></div></article><p><span class="posted-by vcard author" itemprop="author" itemscope="" itemtype="https://schema.org/Person" style="background-color: white; box-sizing: inherit; color: #046bd2; font-family: Helvetica, Verdana, Arial, sans-serif; font-size: 16px; line-height: 1.45; word-break: break-word;"></span></p><nav aria-label="Posts" class="navigation post-navigation" role="navigation" style="background-color: #f9fafb; border-top: 0px; box-sizing: inherit; color: #334155; font-family: Helvetica, Verdana, Arial, sans-serif; font-size: 16px; margin: 0px; overflow: hidden; padding: 2em 3.33333em 0px;"></nav>Srirangan Kathiraveluhttp://www.blogger.com/profile/05582587451681053792noreply@blogger.com0tag:blogger.com,1999:blog-8080901532999179108.post-4063735187704654272023-06-18T18:13:00.005+05:302023-06-18T18:14:43.020+05:30Warren Buffett: On How To Pick Stocks And Invest Properly<p><span style="color: red;"><span face="Helvetica, Verdana, Arial, sans-serif" style="background-color: white; font-size: 16px;">By </span><span class="posted-by vcard author" face="Helvetica, Verdana, Arial, sans-serif" itemprop="author" itemscope="" itemtype="https://schema.org/Person" style="background-color: white; box-sizing: inherit; font-size: 16px; line-height: 1.45; word-break: break-word;">Steve Burns</span></span></p><p><span face="Helvetica, Verdana, Arial, sans-serif" style="background-color: white; color: #334155; font-size: 16px;">In investing, few voices carry as much weight and wisdom as that of the Oracle of Omaha himself, Warren Buffett. With a storied career and unrivaled success in the fields of investing, business, and as a CEO, his insights form the bedrock of many investment strategies around the globe. Known for his profound understanding of business and the marketplace, his approach to stock selection and investment has consistently proven successful.</span></p><p style="background-color: white; border: 0px; box-sizing: inherit; color: #334155; font-family: Helvetica, Verdana, Arial, sans-serif; font-size: 16px; margin: 0px 0px 1.49em; outline: 0px; padding: 0px; vertical-align: baseline;">This blog post distills his thoughts and advice in his own words, presenting them in an accessible and practical way. Whether you’re a seasoned investor or just starting, these pearls of wisdom will guide you toward a more informed and strategic investment pathway.</p><h2 style="background-color: white; border: 0px; box-sizing: inherit; clear: both; color: var(--ast-global-color-2); font-family: Helvetica, Verdana, Arial, sans-serif; font-size: 1.5625rem; font-weight: 400; line-height: 1.25em; margin: 0px 0px 20px; outline: 0px; padding: 0px; text-decoration-line: initial; text-transform: capitalize; vertical-align: baseline;">Warren Buffett On The Stock Market</h2><p style="background-color: white; border: 0px; box-sizing: inherit; color: #334155; font-family: Helvetica, Verdana, Arial, sans-serif; font-size: 16px; margin: 0px 0px 1.49em; outline: 0px; padding: 0px; vertical-align: baseline;">This transcript is from an interview Warren Buffett gave in 1985. </p><p style="background-color: white; border: 0px; box-sizing: inherit; font-family: Helvetica, Verdana, Arial, sans-serif; font-size: 16px; margin: 0px 0px 1.49em; outline: 0px; padding: 0px; vertical-align: baseline;"><em style="box-sizing: inherit;"><span style="color: #2b00fe;">“The first rule in investment is ‘don’t lose.’ And the second rule in investment is ‘don’t forget the first rule.’ And that’s all the rules there are. I mean, if you buy things for far below what they’re worth and you buy a group of them, you basically don’t lose money.” </span><span style="color: #334155;">– Warren Buffett</span></em></p><p style="background-color: white; border: 0px; box-sizing: inherit; font-family: Helvetica, Verdana, Arial, sans-serif; font-size: 16px; margin: 0px 0px 1.49em; outline: 0px; padding: 0px; vertical-align: baseline;"><em style="box-sizing: inherit;"><span style="color: #334155;">The interviewer asked, </span><span style="color: red;">“What do you consider the most important quality for an investment manager?”</span></em></p><p style="background-color: white; border: 0px; box-sizing: inherit; color: #334155; font-family: Helvetica, Verdana, Arial, sans-serif; font-size: 16px; margin: 0px 0px 1.49em; outline: 0px; padding: 0px; vertical-align: baseline;"><em style="box-sizing: inherit;">Buffett replied, “It’s the temperamental quality, not an intellectual one. You don’t need tons of IQ in this business. I mean, you have to have enough IQ to get from here to downtown Omaha, but you do not have to be able to play three-dimensional chess or be in the top leagues in terms of bridge playing or something of the sort. You need a stable personality; you need a temperament that neither derives great pleasure from being with the crowd or against the crowd. Because this is not a business where you take polls, it’s a business where you think. And Ben Graham would say that you’re not right or wrong because a thousand people agree with you, and you’re not right or wrong because a thousand people disagree with you. You’re right because your facts and your reasoning are right.”</em></p><p style="background-color: white; border: 0px; box-sizing: inherit; font-family: Helvetica, Verdana, Arial, sans-serif; font-size: 16px; margin: 0px 0px 1.49em; outline: 0px; padding: 0px; vertical-align: baseline;"><em style="box-sizing: inherit;"><span style="color: #334155;">The interviewer’s next question was, </span><span style="color: red;">“Warren, what do you do that’s different than 90% of the many managers who are in the market?”</span></em></p><p style="background-color: white; border: 0px; box-sizing: inherit; color: #334155; font-family: Helvetica, Verdana, Arial, sans-serif; font-size: 16px; margin: 0px 0px 1.49em; outline: 0px; padding: 0px; vertical-align: baseline;"><em style="box-sizing: inherit;">Buffett went on to explain his stock investing strategy, “Certainly, most of the professional investors focus on what the stock is likely to do in the next year. They avail all kinds of arcane methods of approaching that, but they do not really think of themselves as owning a piece of a business. The real test of whether you’re investing from a value standpoint or not is whether you care whether the stock market is open tomorrow. If you’re making a good investment in a security, it shouldn’t bother you if they close down the stock market for five years.”</em></p><p style="background-color: white; border: 0px; box-sizing: inherit; color: #334155; font-family: Helvetica, Verdana, Arial, sans-serif; font-size: 16px; margin: 0px 0px 1.49em; outline: 0px; padding: 0px; vertical-align: baseline;"><em style="box-sizing: inherit;">“All the ticker tells me is the price, and I can look at the price occasionally to see whether the price is outlandishly cheap or outlandishly high. But prices don’t tell me anything about a business. Business figures themselves tell me something about the business, but the price of the stock doesn’t tell me anything about a business. I would rather value a stock or a business first, and not even know the price so that I’m not influenced by the price in establishing my valuation, and then look at the price later to see whether it’s way out of line with what my value is.”</em></p><p style="background-color: white; border: 0px; box-sizing: inherit; color: #334155; font-family: Helvetica, Verdana, Arial, sans-serif; font-size: 16px; margin: 0px 0px 1.49em; outline: 0px; padding: 0px; vertical-align: baseline;"><em style="box-sizing: inherit;">The narrator explains, “So, Buffett chose to stay in Omaha, Nebraska – this world where corn grows just minutes from downtown. Now, Omaha is a nice town, but nobody claims it’s a world financial center. Here, the only thundering heard is actually on four feet, off the beaten track.”</em></p><span class="ezoic-autoinsert-video ezoic-mid_content" face="Helvetica, Verdana, Arial, sans-serif" style="background-color: white; box-sizing: inherit; color: #334155; font-size: 16px;"></span><p style="background-color: white; border: 0px; box-sizing: inherit; font-family: Helvetica, Verdana, Arial, sans-serif; font-size: 16px; margin: 0px 0px 1.49em; outline: 0px; padding: 0px; vertical-align: baseline;"><em style="box-sizing: inherit;"><span style="color: #334155;">The interviewer continues with his next question,</span><span style="color: red;"> “Don’t you find Omaha a little bit off the beaten track for the investment world?”</span></em></p><p style="background-color: white; border: 0px; box-sizing: inherit; color: #334155; font-family: Helvetica, Verdana, Arial, sans-serif; font-size: 16px; margin: 0px 0px 1.49em; outline: 0px; padding: 0px; vertical-align: baseline;"><em style="box-sizing: inherit;">Buffett explains his location doesn’t matter, “Well, believe it or not, we get mail here, and we get periodicals, and we get all the facts needed to make decisions. And unlike Wall Street, you’ll notice we don’t have 50 people coming up and whispering in our ears that we should be doing this or that this afternoon.”</em></p><p style="background-color: white; border: 0px; box-sizing: inherit; font-family: Helvetica, Verdana, Arial, sans-serif; font-size: 16px; margin: 0px 0px 1.49em; outline: 0px; padding: 0px; vertical-align: baseline;"><em style="box-sizing: inherit;"><span style="color: red;">“You appreciate the lack of stimulation here?” </span><span style="color: #334155;">the interviewer asks. </span></em></p><p style="background-color: white; border: 0px; box-sizing: inherit; color: #334155; font-family: Helvetica, Verdana, Arial, sans-serif; font-size: 16px; margin: 0px 0px 1.49em; outline: 0px; padding: 0px; vertical-align: baseline;"><em style="box-sizing: inherit;">“I like the lack of stimulation; we get facts, not stimulation, here,” replies Buffett. </em></p><p style="background-color: white; border: 0px; box-sizing: inherit; font-family: Helvetica, Verdana, Arial, sans-serif; font-size: 16px; margin: 0px 0px 1.49em; outline: 0px; padding: 0px; vertical-align: baseline;"><em style="box-sizing: inherit;"><span style="color: red;">“How can you stay away from Wall Street?” </span><span style="color: #334155;">The interviewer questions. </span></em></p><p style="background-color: white; border: 0px; box-sizing: inherit; color: #334155; font-family: Helvetica, Verdana, Arial, sans-serif; font-size: 16px; margin: 0px 0px 1.49em; outline: 0px; padding: 0px; vertical-align: baseline;"><em style="box-sizing: inherit;">Buffett explains, “Well if I were in Wall Street, I’d probably be a lot poorer. You get overstimulated in Wall Street, and you hear lots of things, and you may shorten your focus. And a short focus is not conducive to long profits. And here I can just focus on what businesses are worth, and I don’t need to be in Washington to figure out what the Washington Post newspaper is worth, and I don’t need to be in New York to figure out what some other company is worth. </em><em style="box-sizing: inherit;">It’s simply an intellectual process. The less static there is in that intellectual process, the better off you are.”</em></p><span class="ezoic-autoinsert-video ezoic-long_content" face="Helvetica, Verdana, Arial, sans-serif" style="background-color: white; box-sizing: inherit; color: #334155; font-size: 16px;"></span><p style="background-color: white; border: 0px; box-sizing: inherit; font-family: Helvetica, Verdana, Arial, sans-serif; font-size: 16px; margin: 0px 0px 1.49em; outline: 0px; padding: 0px; vertical-align: baseline;"><em style="box-sizing: inherit;"><span style="color: red;">“What is the intellectual process?” </span><span style="color: #334155;">the interviewer asked curiously. </span></em></p><p style="background-color: white; border: 0px; box-sizing: inherit; color: #334155; font-family: Helvetica, Verdana, Arial, sans-serif; font-size: 16px; margin: 0px 0px 1.49em; outline: 0px; padding: 0px; vertical-align: baseline;"><em style="box-sizing: inherit;">Buffett explains, “The intellectual process is defining your level, defining your area of competence, and valuing businesses. Then within that area of competence, find whatever sells at the cheapest price in relation to value. There are all kinds of things I’m not competent to value, but there are a few that I am competent to value.”</em></p><p style="background-color: white; border: 0px; box-sizing: inherit; font-family: Helvetica, Verdana, Arial, sans-serif; font-size: 16px; margin: 0px 0px 1.49em; outline: 0px; padding: 0px; vertical-align: baseline;"><em style="box-sizing: inherit;"><span style="color: red;">“Have you ever bought a technology company?”</span><span style="color: #334155;"> the interviewer asks. </span></em></p><p style="background-color: white; border: 0px; box-sizing: inherit; color: #334155; font-family: Helvetica, Verdana, Arial, sans-serif; font-size: 16px; margin: 0px 0px 1.49em; outline: 0px; padding: 0px; vertical-align: baseline;"><em style="box-sizing: inherit;">“No, I really haven’t,” Buffett assures. </em></p><p style="background-color: white; border: 0px; box-sizing: inherit; font-family: Helvetica, Verdana, Arial, sans-serif; font-size: 16px; margin: 0px 0px 1.49em; outline: 0px; padding: 0px; vertical-align: baseline;"><em style="box-sizing: inherit;"><span style="color: red;">“In 30 years of investing, not one?” </span><span style="color: #334155;">the interviewer asks again.</span></em></p><p style="background-color: white; border: 0px; box-sizing: inherit; color: #334155; font-family: Helvetica, Verdana, Arial, sans-serif; font-size: 16px; margin: 0px 0px 1.49em; outline: 0px; padding: 0px; vertical-align: baseline;"><em style="box-sizing: inherit;">“I haven’t understood any of them,” Buffett answers. </em></p><p style="background-color: white; border: 0px; box-sizing: inherit; font-family: Helvetica, Verdana, Arial, sans-serif; font-size: 16px; margin: 0px 0px 1.49em; outline: 0px; padding: 0px; vertical-align: baseline;"><em style="box-sizing: inherit;"><span style="color: red;">“So you haven’t ever owned, for example, IBM? We’ve never owned IBM.” </span><span style="color: #334155;">The interviewer asks for a third time, puzzled. </span></em></p><p style="background-color: white; border: 0px; box-sizing: inherit; color: #334155; font-family: Helvetica, Verdana, Arial, sans-serif; font-size: 16px; margin: 0px 0px 1.49em; outline: 0px; padding: 0px; vertical-align: baseline;"><em style="box-sizing: inherit;">“It’s a sensational company, but I haven’t known IBM.” Buffett confirms. </em></p><span class="ezoic-autoinsert-video ezoic-longer_content" face="Helvetica, Verdana, Arial, sans-serif" style="background-color: white; box-sizing: inherit; color: #334155; font-size: 16px;"></span><p style="background-color: white; border: 0px; box-sizing: inherit; font-family: Helvetica, Verdana, Arial, sans-serif; font-size: 16px; margin: 0px 0px 1.49em; outline: 0px; padding: 0px; vertical-align: baseline;"><em style="box-sizing: inherit;"><span style="color: red;">“And so, here is this technological revolution going on, and you’re not going to be a participant,”</span><span style="color: #334155;"> asks the interviewer. </span></em></p><p style="background-color: white; border: 0px; box-sizing: inherit; color: #334155; font-family: Helvetica, Verdana, Arial, sans-serif; font-size: 16px; margin: 0px 0px 1.49em; outline: 0px; padding: 0px; vertical-align: baseline;"><em style="box-sizing: inherit;">“Going right past me,” Buffett admits without caring. </em></p><p style="background-color: white; border: 0px; box-sizing: inherit; font-family: Helvetica, Verdana, Arial, sans-serif; font-size: 16px; margin: 0px 0px 1.49em; outline: 0px; padding: 0px; vertical-align: baseline;"><em style="box-sizing: inherit;"><span style="color: red;">“Is that alright with you?” </span><span style="color: #334155;">questions the interviewer. </span></em></p><p style="background-color: white; border: 0px; box-sizing: inherit; color: #334155; font-family: Helvetica, Verdana, Arial, sans-serif; font-size: 16px; margin: 0px 0px 1.49em; outline: 0px; padding: 0px; vertical-align: baseline;"><em style="box-sizing: inherit;">Buffett gives a detailed response, “It’s okay with me. I don’t have to make money in every game. I mean, I don’t know what cocoa beans are going to do. There are all kinds of things I don’t know about, and that may be too bad, but why should I know all about them? I haven’t worked that hard on them. In securities business, you literally, every day, you have thousands of the major American corporations offered to you at a price and a price that changes daily. You don’t have to make any decisions; nothing is forced upon you. There are no called strikes in this business.”</em></p><p style="background-color: white; border: 0px; box-sizing: inherit; color: #334155; font-family: Helvetica, Verdana, Arial, sans-serif; font-size: 16px; margin: 0px 0px 1.49em; outline: 0px; padding: 0px; vertical-align: baseline;"><em style="box-sizing: inherit;">“The pitcher just stands there and throws balls at you. If you’re playing real baseball, and it’s between the knees and the shoulders, you either swing or you get a strike called. If you get too many called on you, you’re out. In the securities business, you sit there, and they throw US Steel at 25, and they throw General Motors at 16. You don’t have to swing at any of them. They may be wonderful pitches to swing at, but if you don’t know enough, you don’t have to swing. You can sit there and watch thousands of pitches, and finally, get one right there where you want it, something that you understand. Then you swing.”</em></p><span class="ezoic-autoinsert-video ezoic-longest_content" face="Helvetica, Verdana, Arial, sans-serif" style="background-color: white; box-sizing: inherit; color: #334155; font-size: 16px;"></span><p style="background-color: white; border: 0px; box-sizing: inherit; font-family: Helvetica, Verdana, Arial, sans-serif; font-size: 16px; margin: 0px 0px 1.49em; outline: 0px; padding: 0px; vertical-align: baseline;"><em style="box-sizing: inherit;"><span style="color: red;">“So, you might not swing for six months,” </span><span style="color: #334155;">asks the interviewer.</span></em></p><p style="background-color: white; border: 0px; box-sizing: inherit; color: #334155; font-family: Helvetica, Verdana, Arial, sans-serif; font-size: 16px; margin: 0px 0px 1.49em; outline: 0px; padding: 0px; vertical-align: baseline;"><em style="box-sizing: inherit;">“I might not swing for two years,” Buffett explains.</em></p><p style="background-color: white; border: 0px; box-sizing: inherit; font-family: Helvetica, Verdana, Arial, sans-serif; font-size: 16px; margin: 0px 0px 1.49em; outline: 0px; padding: 0px; vertical-align: baseline;"><em style="box-sizing: inherit;"><span style="color: red;">“Isn’t that boring?”</span><span style="color: #334155;"> wonders the interviewer. </span></em></p><p style="background-color: white; border: 0px; box-sizing: inherit; color: #334155; font-family: Helvetica, Verdana, Arial, sans-serif; font-size: 16px; margin: 0px 0px 1.49em; outline: 0px; padding: 0px; vertical-align: baseline;"><em style="box-sizing: inherit;">Buffett explains, “It would bore most people. And certainly, boredom is a problem with most professional money managers. If they sit out an inning or two, not only do they get somewhat antsy, but their clients start yelling, ‘Swing, you bum!’ from the stands. And that’s very tough for people to do.”</em></p><p style="background-color: white; border: 0px; box-sizing: inherit; font-family: Helvetica, Verdana, Arial, sans-serif; font-size: 16px; margin: 0px 0px 1.49em; outline: 0px; padding: 0px; vertical-align: baseline;"><em style="box-sizing: inherit;"><span style="color: red;">“Warren your approach seems so simple. Why doesn’t everybody do it?” </span><span style="color: #334155;">asks the interviewer.</span></em></p><p style="background-color: white; border: 0px; box-sizing: inherit; color: #334155; font-family: Helvetica, Verdana, Arial, sans-serif; font-size: 16px; margin: 0px 0px 1.49em; outline: 0px; padding: 0px; vertical-align: baseline;"><em style="box-sizing: inherit;">Buffett explains his investing edge, “Well, I think partly because it is so simple. The academics, for example, focus on all kinds of variables. Because the data is there, they focus on whether if you buy stocks on Tuesday and sell them on Friday, you’re better off. Or if you buy them in election years and sell them in other years, you’re better off. Or if you buy small company stocks. All these variables because the data is there. They’ve learned how to manipulate data. As a friend of mine says, to a man with a hammer, everything looks like a nail. Once you have these skills, you’re just dying to utilize them in some way. But they aren’t important.”</em></p><p style="background-color: white; border: 0px; box-sizing: inherit; color: #334155; font-family: Helvetica, Verdana, Arial, sans-serif; font-size: 16px; margin: 0px 0px 1.49em; outline: 0px; padding: 0px; vertical-align: baseline;"><em style="box-sizing: inherit;">“If I were being asked to participate in a business opportunity, would it make any difference to me whether I bought it on a Tuesday or Saturday or in an election year? That’s not what a businessman thinks about when buying businesses. So, I why think about it when buying stocks because stocks are just pieces of a business,” Buffett concludes. </em></p><h2 style="background-color: white; border: 0px; box-sizing: inherit; clear: both; color: var(--ast-global-color-2); font-family: Helvetica, Verdana, Arial, sans-serif; font-size: 1.5625rem; font-weight: 400; line-height: 1.25em; margin: 0px 0px 20px; outline: 0px; padding: 0px; text-decoration-line: initial; text-transform: capitalize; vertical-align: baseline;"><span style="box-sizing: inherit; font-weight: 700;">Key Takeaways</span></h2><ul style="background-color: white; border: 0px; box-sizing: border-box; color: #334155; font-family: Helvetica, Verdana, Arial, sans-serif; font-size: 16px; list-style-image: initial; list-style-position: initial; margin: revert; outline: 0px; padding: revert; vertical-align: baseline;"><li style="border: 0px; box-sizing: inherit; font-style: inherit; font-weight: inherit; margin: 0px; outline: 0px; padding: 0px; vertical-align: baseline;">The two fundamental rules of investing, according to Buffett, are: to avoid loss and remember this rule always.</li><li style="border: 0px; box-sizing: inherit; font-style: inherit; font-weight: inherit; margin: 0px; outline: 0px; padding: 0px; vertical-align: baseline;">Investing in success is not necessarily correlated with IQ; temperament plays a crucial role.</li><li style="border: 0px; box-sizing: inherit; font-style: inherit; font-weight: inherit; margin: 0px; outline: 0px; padding: 0px; vertical-align: baseline;">Stock picking should be grounded in rationality and careful analysis, not influenced by market hype or noise.</li><li style="border: 0px; box-sizing: inherit; font-style: inherit; font-weight: inherit; margin: 0px; outline: 0px; padding: 0px; vertical-align: baseline;">Buffett emphasizes the importance of investing within your “circle of competence,” understanding the business you’re investing in.</li><li style="border: 0px; box-sizing: inherit; font-style: inherit; font-weight: inherit; margin: 0px; outline: 0px; padding: 0px; vertical-align: baseline;">It’s perfectly fine not to participate in every market trend or sector, especially if you don’t fully understand it.</li><li style="border: 0px; box-sizing: inherit; font-style: inherit; font-weight: inherit; margin: 0px; outline: 0px; padding: 0px; vertical-align: baseline;">Patience is a virtue in investing; it’s not necessary to constantly swing at every investment opportunity.</li><li style="border: 0px; box-sizing: inherit; font-style: inherit; font-weight: inherit; margin: 0px; outline: 0px; padding: 0px; vertical-align: baseline;">Investing isn’t about finding complex strategies or systems. The simplicity of the process can be its greatest strength.</li><li style="border: 0px; box-sizing: inherit; font-style: inherit; font-weight: inherit; margin: 0px; outline: 0px; padding: 0px; vertical-align: baseline;">The value of a business and its stock are often disconnected; as an investor, focus on the business’s intrinsic value rather than its stock price.</li></ul><h2 style="background-color: white; border: 0px; box-sizing: inherit; clear: both; color: var(--ast-global-color-2); font-family: Helvetica, Verdana, Arial, sans-serif; font-size: 1.5625rem; font-weight: 400; line-height: 1.25em; margin: 0px 0px 20px; outline: 0px; padding: 0px; text-decoration-line: initial; text-transform: capitalize; vertical-align: baseline;"><span style="box-sizing: inherit; font-weight: 700;">Conclusion</span></h2><p style="background-color: white; border: 0px; box-sizing: inherit; color: #334155; font-family: Helvetica, Verdana, Arial, sans-serif; font-size: 16px; margin: 0px 0px 1.49em; outline: 0px; padding: 0px; vertical-align: baseline;">Warren Buffett’s investing philosophy is simplicity, patience, and knowledge. It’s essential to understand that investing is not about reacting to every market trend or making constant transactions. Instead, it’s about knowing what you’re investing in, waiting patiently for the right opportunity, and focusing on preserving your capital. Remember that stocks represent partial ownership in a business; thus, understanding the business is vital to making informed investment decisions. Lastly, a calm and stable temperament is crucial for long-term investing success, emphasizing the significance of emotional intelligence in this sphere. You can approach investing more grounded, focused, and profitable through these principles.</p><p style="background-color: white; border: 0px; box-sizing: inherit; color: #334155; font-family: Helvetica, Verdana, Arial, sans-serif; font-size: 16px; margin: 0px 0px 1.49em; outline: 0px; padding: 0px; vertical-align: baseline;">Source:www.newtraderu.com</p>Srirangan Kathiraveluhttp://www.blogger.com/profile/05582587451681053792noreply@blogger.com0tag:blogger.com,1999:blog-8080901532999179108.post-86524710958247850832023-06-18T17:40:00.003+05:302023-06-18T17:40:18.363+05:30Quote for the day"Trust in time rather than timing." - Burton MalkielSrirangan Kathiraveluhttp://www.blogger.com/profile/05582587451681053792noreply@blogger.com0tag:blogger.com,1999:blog-8080901532999179108.post-63679455631529162302023-06-17T05:24:00.000+05:302023-06-17T05:24:43.292+05:30Bob Parsons® 16 Rules for Success in Business and Life in General<div dir="ltr" style="text-align: left;" trbidi="on">
<span style="font-family: Trebuchet MS, sans-serif;"><b>1. Get and stay out of your comfort zone.</b><br />I believe that not much happens of any significance when we're in our comfort zone. I hear people say, "But I'm concerned about security." My response to that is simple: "Security is for cadavers."<br /><br /><b>2. Never give up.</b><br />Almost nothing works the first time it's attempted. Just because what you're doing does not seem to be working, doesn't mean it won't work. It just means that it might not work the way you're doing it. If it was easy, everyone would be doing it, and you wouldn't have an opportunity.<br /><br /><b>3. When you're ready to quit, you're closer than you think.</b><br />There's an old Chinese saying that I just love, and I believe it is so true. It goes like this: "The temptation to quit will be greatest just before you are about to succeed."<br /><br /><b>4. With regard to whatever worries you, not only accept the worst thing that could happen, but make it a point to quantify what the worst thing could be.</b>Very seldom will the worst consequence be anywhere near as bad as a cloud of "undefined consequences." My father would tell me early on, when I was struggling and losing my shirt trying to get Parsons Technology going, "Well, Robert, if it doesn't work, they can't eat you."<br /><br /><b>5. Focus on what you want to have happen.</b><br />Remember that old saying, "As you think, so shall you be."<br /><br /><b>6. Take things a day at a time.</b><br />No matter how difficult your situation is, you can get through it if you don't look too far into the future, and focus on the present moment. You can get through anything one day at a time.<br /><br /><b>7. Always be moving forward.</b><br />Never stop investing. Never stop improving. Never stop doing something new. The moment you stop improving your organization, it starts to die. Make it your goal to be better each and every day, in some small way. Remember the Japanese concept of Kaizen. Small daily improvements eventually result in huge advantages.<br /><br /><b>8. Be quick to decide.</b><br />Remember what General George S. Patton said: "A good plan violently executed today is far and away better than a perfect plan tomorrow."<br /><br /><b>9. Measure everything of significance.</b>I swear this is true. Anything that is measured and watched, improves.<br /><br /><b>10. Anything that is not managed will deteriorate.</b><br />If you want to uncover problems you don't know about, take a few moments and look closely at the areas you haven't examined for a while. I guarantee you problems will be there.<br /><br /><b>11. Pay attention to your competitors, but pay more attention to what you're doing.</b><br />When you look at your competitors, remember that everything looks perfect at a distance. Even the planet Earth, if you get far enough into space, looks like a peaceful place.<br /><br /><b>12. Never let anybody push you around.</b><br />In our society, with our laws and even playing field, you have just as much right to what you're doing as anyone else, provided that what you're doing is legal.<br /><br /><b>13. Never expect life to be fair.</b><br />Life isn't fair. You make your own breaks. You'll be doing good if the only meaning fair has to you, is something that you pay when you get on a bus (i.e., fare).<br /><br /><b>14. Solve your own problems.</b><br />You'll find that by coming up with your own solutions, you'll develop a competitive edge. Masura Ibuka, the co-founder of SONY, said it best: "You never succeed in technology, business, or anything by following the others." There's also an old saying that I remind myself of frequently. It goes like this: "A wise man keeps his own counsel."<br /><br /><b>15. Don't take yourself too seriously.</b><br />Lighten up. Often, at least half of what we accomplish is due to luck. None of us are in control as much as we like to think we are.<br /><br /><b>16. There's always a reason to smile.</b><br />Find it. After all, you're really lucky just to be alive. Life is short. More and more, I agree with my little brother. He always reminds me: "We're not here for a long time, we're here for a good time!"<br /><br />"Copyright © 2004 Bob Parsons - http://www.bobparsons.me. All rights reserved. Reproduced with permission."</span></div>
Srirangan Kathiraveluhttp://www.blogger.com/profile/05582587451681053792noreply@blogger.com0tag:blogger.com,1999:blog-8080901532999179108.post-28413662427270965132023-05-29T00:30:00.001+05:302023-05-29T00:30:00.138+05:30Quote for the day"Everyone has the brainpower to make money in stocks. Not everyone has the stomach." - Peter LynchSrirangan Kathiraveluhttp://www.blogger.com/profile/05582587451681053792noreply@blogger.com0tag:blogger.com,1999:blog-8080901532999179108.post-74381724692659411972023-05-28T14:54:00.003+05:302023-05-28T14:54:19.618+05:30Quote for the day"Investing is not supposed to be easy. Anyone who finds it easy is stupid." - Charlie MungerSrirangan Kathiraveluhttp://www.blogger.com/profile/05582587451681053792noreply@blogger.com0tag:blogger.com,1999:blog-8080901532999179108.post-13734466694792055462023-05-28T11:59:00.005+05:302023-05-28T11:59:43.491+05:3050 Entrepreneurs Share Priceless Advice<p><span style="font-family: verdana;"> By Steve Burns</span></p><p><span style="font-family: verdana;"><span style="color: #334155; font-size: 16px; font-style: inherit; font-weight: inherit;">As a life-long entrepreneur, I can’t help but admire the individuals who transformed their dreams into reality. They’ve inspired countless others to pursue their passions and build successful businesses. These are the most educational quotes from the entrepreneurs who built the best products, services, and businesses over the past 50 years. This blog post will explore 50 pieces of priceless advice from some of the world’s most successful entrepreneurs. These insights, straight from the minds of business moguls, may motivate you to take your ideas to the next level.</span></span></p><article class="post-52689 post type-post status-publish format-standard has-post-thumbnail hentry category-business tag-entrepreneur tag-entrepreneur-profession tag-entrepreneurship-field-of-study ast-article-single" id="post-52689" itemscope="" itemtype="https://schema.org/CreativeWork" style="background-image: none; border-bottom: 0px; box-sizing: inherit; color: #334155; font-size: 16px; margin: 0px; padding: 3em;"><div class="ast-post-format- single-layout-1" style="box-sizing: inherit;"><div class="entry-content clear" itemprop="text" style="box-sizing: inherit; overflow-wrap: break-word;"><div class="bialty-container" style="box-sizing: inherit; margin-bottom: 0px;"><h2 style="border: 0px; box-sizing: inherit; clear: both; color: var(--ast-global-color-2); font-size: 1.5625rem; font-style: inherit; font-weight: 400; letter-spacing: 0px; line-height: 1.25em; margin: 0px 0px 20px; outline: 0px; padding: 0px; text-decoration-line: initial; text-transform: capitalize; vertical-align: baseline;"><span style="font-family: verdana;">Entrepreneur Quotes For Success</span></h2><ol style="border: 0px; box-sizing: border-box; font-style: inherit; font-weight: inherit; list-style-image: initial; list-style-position: initial; margin: revert; outline: 0px; padding: revert; vertical-align: baseline;"><li style="border: 0px; box-sizing: inherit; font-style: inherit; font-weight: inherit; margin: 0px; outline: 0px; padding: 0px; vertical-align: baseline;"><em style="box-sizing: inherit;"><span style="font-family: verdana;">“Your most unhappy customers are your greatest source of learning.” – Bill Gates</span></em></li><li style="border: 0px; box-sizing: inherit; font-style: inherit; font-weight: inherit; margin: 0px; outline: 0px; padding: 0px; vertical-align: baseline;"><em style="box-sizing: inherit;"><span style="font-family: verdana;">“Your time is limited, don’t waste it living someone else’s life.” – Steve Jobs</span></em></li><li style="border: 0px; box-sizing: inherit; font-style: inherit; font-weight: inherit; margin: 0px; outline: 0px; padding: 0px; vertical-align: baseline;"><em style="box-sizing: inherit;"><span style="font-family: verdana;">“Price is what you pay. Value is what you get.” – Warren Buffet</span></em></li><li style="border: 0px; box-sizing: inherit; font-style: inherit; font-weight: inherit; margin: 0px; outline: 0px; padding: 0px; vertical-align: baseline;"><em style="box-sizing: inherit;"><span style="font-family: verdana;">“If you never want to be criticized, for goodness’ sake, don’t do anything new.” – Jeff Bezos</span></em></li><li style="border: 0px; box-sizing: inherit; font-style: inherit; font-weight: inherit; margin: 0px; outline: 0px; padding: 0px; vertical-align: baseline;"><em style="box-sizing: inherit;"><span style="font-family: verdana;">“You never lose a dream; it just incubates as a hobby.” – Larry Page</span></em></li><li style="border: 0px; box-sizing: inherit; font-style: inherit; font-weight: inherit; margin: 0px; outline: 0px; padding: 0px; vertical-align: baseline;"><em style="box-sizing: inherit;"><span style="font-family: verdana;">“Solving big problems is easier than solving little problems.” – Sergey Brin</span></em></li><li style="border: 0px; box-sizing: inherit; font-style: inherit; font-weight: inherit; margin: 0px; outline: 0px; padding: 0px; vertical-align: baseline;"><em style="box-sizing: inherit;"><span style="font-family: verdana;">“Move fast and break things. Unless you are breaking stuff, you are not moving fast enough.” – Mark Zuckerberg</span></em></li><li style="border: 0px; box-sizing: inherit; font-style: inherit; font-weight: inherit; margin: 0px; outline: 0px; padding: 0px; vertical-align: baseline;"><em style="box-sizing: inherit;"><span style="font-family: verdana;">“When something is important enough, you do it even if the odds are not in your favor.” – Elon Musk</span></em></li><li style="border: 0px; box-sizing: inherit; font-style: inherit; font-weight: inherit; margin: 0px; outline: 0px; padding: 0px; vertical-align: baseline;"><em style="box-sizing: inherit;"><span style="font-family: verdana;">“Do not be embarrassed by your failures; learn from them and start again.” – Richard Branson</span></em></li><li style="border: 0px; box-sizing: inherit; font-style: inherit; font-weight: inherit; margin: 0px; outline: 0px; padding: 0px; vertical-align: baseline;"><em style="box-sizing: inherit;"><span style="font-family: verdana;">“The biggest adventure you can take is to live the life of your dreams.” – Oprah Winfrey</span></em></li><li style="border: 0px; box-sizing: inherit; font-style: inherit; font-weight: inherit; margin: 0px; outline: 0px; padding: 0px; vertical-align: baseline;"><em style="box-sizing: inherit;"><span style="font-family: verdana;">“When you innovate, you’ve got to be prepared for everyone telling you you’re nuts.” – Larry Ellison</span></em></li><li style="border: 0px; box-sizing: inherit; font-style: inherit; font-weight: inherit; margin: 0px; outline: 0px; padding: 0px; vertical-align: baseline;"><em style="box-sizing: inherit;"><span style="font-family: verdana;">“You don’t have to be a genius, or a visionary, or even a college graduate to be successful. You just need a framework and a dream.” – Michael Dell</span></em></li><li style="border: 0px; box-sizing: inherit; font-style: inherit; font-weight: inherit; margin: 0px; outline: 0px; padding: 0px; vertical-align: baseline;"><em style="box-sizing: inherit;"><span style="font-family: verdana;">“Play by the rules, but be ferocious.” – Phil Knight</span></em></li><li style="border: 0px; box-sizing: inherit; font-style: inherit; font-weight: inherit; margin: 0px; outline: 0px; padding: 0px; vertical-align: baseline;"><em style="box-sizing: inherit;"><span style="font-family: verdana;">“Vision is perhaps our greatest strength… it has kept us alive to the power and continuity of thought through the centuries.” – Li Ka-Shing</span></em></li><li style="border: 0px; box-sizing: inherit; font-style: inherit; font-weight: inherit; margin: 0px; outline: 0px; padding: 0px; vertical-align: baseline;"><em style="box-sizing: inherit;"><span style="font-family: verdana;">“The entrepreneur’s ambition is the only cap to the company’s potential.” – Masayoshi Son</span></em></li><li style="border: 0px; box-sizing: inherit; font-style: inherit; font-weight: inherit; margin: 0px; outline: 0px; padding: 0px; vertical-align: baseline;"><em style="box-sizing: inherit;"><span style="font-family: verdana;">“Never give up. Today is hard, tomorrow will be worse, but the day after tomorrow will be sunshine.” – Jack Ma</span></em></li><li style="border: 0px; box-sizing: inherit; font-style: inherit; font-weight: inherit; margin: 0px; outline: 0px; padding: 0px; vertical-align: baseline;"><em style="box-sizing: inherit;"><span style="font-family: verdana;">“Our mission is to inspire creativity and bring joy.” – Pony Ma</span></em></li><li style="border: 0px; box-sizing: inherit; font-style: inherit; font-weight: inherit; margin: 0px; outline: 0px; padding: 0px; vertical-align: baseline;"><em style="box-sizing: inherit;"><span style="font-family: verdana;">“I think that our fundamental belief is that for us growth is a way of life and we have to grow at all times.” –Mukesh Ambani</span></em></li><li style="border: 0px; box-sizing: inherit; font-style: inherit; font-weight: inherit; margin: 0px; outline: 0px; padding: 0px; vertical-align: baseline;"><em style="box-sizing: inherit;"><span style="font-family: verdana;">“Getting the job done has been the basis for the success my company has achieved.” -Michael Bloomberg</span></em></li><li style="border: 0px; box-sizing: inherit; font-style: inherit; font-weight: inherit; margin: 0px; outline: 0px; padding: 0px; vertical-align: baseline;"><em style="box-sizing: inherit;"><span style="font-family: verdana;">“If I’m going to do something, I do it spectacularly or I don’t do it at all.” -Prince Alwaleed Bin Talal Alsaud</span></em></li><li style="border: 0px; box-sizing: inherit; font-style: inherit; font-weight: inherit; margin: 0px; outline: 0px; padding: 0px; vertical-align: baseline;"><em style="box-sizing: inherit;"><span style="font-family: verdana;">“All that interests me is promoting my brands, never myself.” – Bernard Arnault</span></em></li><li style="border: 0px; box-sizing: inherit; font-style: inherit; font-weight: inherit; margin: 0px; outline: 0px; padding: 0px; vertical-align: baseline;"><em style="box-sizing: inherit;"><span style="font-family: verdana;">“I have no sense of nostalgia. Tomorrow is what interests me.”- Francois Pinault</span></em></li><li style="border: 0px; box-sizing: inherit; font-style: inherit; font-weight: inherit; margin: 0px; outline: 0px; padding: 0px; vertical-align: baseline;"><em style="box-sizing: inherit;"><span style="font-family: verdana;">“Competition makes you better, always, always makes you better, even if the competitor wins.” – Carlos Slim Helú</span></em></li><li style="border: 0px; box-sizing: inherit; font-style: inherit; font-weight: inherit; margin: 0px; outline: 0px; padding: 0px; vertical-align: baseline;"><em style="box-sizing: inherit;"><span style="font-family: verdana;">“The two most important requirements for major success are: first, being in the right place at the right time, and second, doing something about it.” – Ray Kroc</span></em></li><li style="border: 0px; box-sizing: inherit; font-style: inherit; font-weight: inherit; margin: 0px; outline: 0px; padding: 0px; vertical-align: baseline;"><em style="box-sizing: inherit;"><span style="font-family: verdana;">“High expectations are the key to everything.” – Sam Walton</span></em></li><li style="border: 0px; box-sizing: inherit; font-style: inherit; font-weight: inherit; margin: 0px; outline: 0px; padding: 0px; vertical-align: baseline;"><em style="box-sizing: inherit;"><span style="font-family: verdana;">“The role of business is to produce goods and services that make people’s lives better.” –Charles Koch</span></em></li><li style="border: 0px; box-sizing: inherit; font-style: inherit; font-weight: inherit; margin: 0px; outline: 0px; padding: 0px; vertical-align: baseline;"><em style="box-sizing: inherit;"><span style="font-family: verdana;">“No person will make a great business who wants to do it all himself or get all the credit.” -Andrew Carnegie</span></em></li><li style="border: 0px; box-sizing: inherit; font-style: inherit; font-weight: inherit; margin: 0px; outline: 0px; padding: 0px; vertical-align: baseline;"><em style="box-sizing: inherit;"><span style="font-family: verdana;">“Leaders get out in front and stay there by raising the standards by which they judge themselves – and by which they are willing to be judged.” – Fred Smith</span></em></li><li style="border: 0px; box-sizing: inherit; font-style: inherit; font-weight: inherit; margin: 0px; outline: 0px; padding: 0px; vertical-align: baseline;"><em style="box-sizing: inherit;"><span style="font-family: verdana;">“My son is now an ‘entrepreneur’. That’s what you’re called when you don’t have a job.” – Ted Turner</span></em></li><li style="border: 0px; box-sizing: inherit; font-style: inherit; font-weight: inherit; margin: 0px; outline: 0px; padding: 0px; vertical-align: baseline;"><em style="box-sizing: inherit;"><span style="font-family: verdana;">“The ultimate definition of success is: you could lose everything that you have and truly be okay with it. Your happiness isn’t based on external factors.” -Tony Hsieh</span></em></li><li style="border: 0px; box-sizing: inherit; font-style: inherit; font-weight: inherit; margin: 0px; outline: 0px; padding: 0px; vertical-align: baseline;"><em style="box-sizing: inherit;"><span style="font-family: verdana;">“Don’t be afraid to change the model.” – Reed Hastings</span></em></li><li style="border: 0px; box-sizing: inherit; font-style: inherit; font-weight: inherit; margin: 0px; outline: 0px; padding: 0px; vertical-align: baseline;"><em style="box-sizing: inherit;"><span style="font-family: verdana;">“The entrepreneur always searches for change, responds to it, and exploits it as an opportunity.” – Travis Kalanick</span></em></li><li style="border: 0px; box-sizing: inherit; font-style: inherit; font-weight: inherit; margin: 0px; outline: 0px; padding: 0px; vertical-align: baseline;"><em style="box-sizing: inherit;"><span style="font-family: verdana;">“Never assume you can’t do something. Push yourself to redefine the boundaries.” – Brian Chesky</span></em></li><li style="border: 0px; box-sizing: inherit; font-style: inherit; font-weight: inherit; margin: 0px; outline: 0px; padding: 0px; vertical-align: baseline;"><em style="box-sizing: inherit;"><span style="font-family: verdana;">“Most of the world will make decisions by either guessing or using their gut. They will be either lucky or wrong.” – Suhail Doshi</span></em></li><li style="border: 0px; box-sizing: inherit; font-style: inherit; font-weight: inherit; margin: 0px; outline: 0px; padding: 0px; vertical-align: baseline;"><em style="box-sizing: inherit;"><span style="font-family: verdana;">“I have not failed. I’ve just found 10,000 ways that won’t work.” – Thomas Edison</span></em></li><li style="border: 0px; box-sizing: inherit; font-style: inherit; font-weight: inherit; margin: 0px; outline: 0px; padding: 0px; vertical-align: baseline;"><em style="box-sizing: inherit;"><span style="font-family: verdana;">“If you cannot do great things, do small things in a great way.” – Napoleon Hill</span></em></li><li style="border: 0px; box-sizing: inherit; font-style: inherit; font-weight: inherit; margin: 0px; outline: 0px; padding: 0px; vertical-align: baseline;"><em style="box-sizing: inherit;"><span style="font-family: verdana;">“If Google teaches you anything, it’s that small ideas can be big.” – Ben Silbermann</span></em></li><li style="border: 0px; box-sizing: inherit; font-style: inherit; font-weight: inherit; margin: 0px; outline: 0px; padding: 0px; vertical-align: baseline;"><span style="font-family: verdana;"><em style="box-sizing: inherit;">“When you cease to dream you cease to live.” – Malcolm Forbes</em><span class="ezoic-autoinsert-ad ezoic-mid_content" style="box-sizing: inherit;"></span></span><span id="ez-clearholder-box-4" style="box-sizing: inherit; clear: both; display: block;"></span></li><li style="border: 0px; box-sizing: inherit; font-style: inherit; font-weight: inherit; margin: 0px; outline: 0px; padding: 0px; vertical-align: baseline;"><em style="box-sizing: inherit;"><span style="font-family: verdana;">“It’s not about working harder; it’s about working the system” -Evan Spiegel</span></em></li><li style="border: 0px; box-sizing: inherit; font-style: inherit; font-weight: inherit; margin: 0px; outline: 0px; padding: 0px; vertical-align: baseline;"><em style="box-sizing: inherit;"><span style="font-family: verdana;">“Success is never accidental.” – Jack Dorsey</span></em></li><li style="border: 0px; box-sizing: inherit; font-style: inherit; font-weight: inherit; margin: 0px; outline: 0px; padding: 0px; vertical-align: baseline;"><em style="box-sizing: inherit;"><span style="font-family: verdana;">“Brilliant thinking is rare, but courage is in even shorter supply than genius.” – Peter Thiel</span></em></li><li style="border: 0px; box-sizing: inherit; font-style: inherit; font-weight: inherit; margin: 0px; outline: 0px; padding: 0px; vertical-align: baseline;"><em style="box-sizing: inherit;"><span style="font-family: verdana;">“Formal education will make you a living; self-education will make you a fortune.” – Jim Rohn</span></em></li><li style="border: 0px; box-sizing: inherit; font-style: inherit; font-weight: inherit; margin: 0px; outline: 0px; padding: 0px; vertical-align: baseline;"><em style="box-sizing: inherit;"><span style="font-family: verdana;">“Whether you think you can or think you can’t — you’re right.” – Henry Ford</span></em></li><li style="border: 0px; box-sizing: inherit; font-style: inherit; font-weight: inherit; margin: 0px; outline: 0px; padding: 0px; vertical-align: baseline;"><em style="box-sizing: inherit;"><span style="font-family: verdana;">“Don’t limit yourself. Many people limit themselves to what they think they can do. You can go as far as your mind lets you. What you believe, remember, you can achieve.”- Mary Kay Ash</span></em></li><li style="border: 0px; box-sizing: inherit; font-style: inherit; font-weight: inherit; margin: 0px; outline: 0px; padding: 0px; vertical-align: baseline;"><em style="box-sizing: inherit;"><span style="font-family: verdana;">“Knowledge is not a passion from without the mind, but an active exertion of the inward strength, vigor and power of the mind, displaying itself from within.” – Ralph Lauren</span></em></li><li style="border: 0px; box-sizing: inherit; font-style: inherit; font-weight: inherit; margin: 0px; outline: 0px; padding: 0px; vertical-align: baseline;"><em style="box-sizing: inherit;"><span style="font-family: verdana;">“Risk more than others think is safe. Dream more than others think is practical.” – Howard Schultz</span></em></li><li style="border: 0px; box-sizing: inherit; font-style: inherit; font-weight: inherit; margin: 0px; outline: 0px; padding: 0px; vertical-align: baseline;"><em style="box-sizing: inherit;"><span style="font-family: verdana;">“If you think you’re too small to have an impact, try going to bed with a mosquito.” – Anita Roddick</span></em></li><li style="border: 0px; box-sizing: inherit; font-style: inherit; font-weight: inherit; margin: 0px; outline: 0px; padding: 0px; vertical-align: baseline;"><em style="box-sizing: inherit;"><span style="font-family: verdana;">“Fearlessness is like a muscle. I know from my own life that the more I exercise it, the more natural it becomes to not let my fears run me.” – Arianna Huffington</span></em></li><li style="border: 0px; box-sizing: inherit; font-style: inherit; font-weight: inherit; margin: 0px; outline: 0px; padding: 0px; vertical-align: baseline;"><em style="box-sizing: inherit;"><span style="font-family: verdana;">“When you find an idea that you just can’t stop thinking about, that’s probably a good one to pursue.” – Josh James</span></em></li><li style="border: 0px; box-sizing: inherit; font-style: inherit; font-weight: inherit; margin: 0px; outline: 0px; padding: 0px; vertical-align: baseline;"><span style="font-family: verdana;"><em style="box-sizing: inherit;">“Don’t be intimidated by what you don’t know. That can be your greatest strength and ensure that you do things differently from everyone else.” – Sara Blakely</em><span class="ezoic-autoinsert-ad ezoic-long_content" style="box-sizing: inherit;"></span></span><span id="ez-clearholder-banner-1" style="box-sizing: inherit; clear: both; display: block;"></span></li></ol><h2 style="border: 0px; box-sizing: inherit; clear: both; color: var(--ast-global-color-2); font-size: 1.5625rem; font-style: inherit; font-weight: 400; letter-spacing: 0px; line-height: 1.25em; margin: 0px 0px 20px; outline: 0px; padding: 0px; text-decoration-line: initial; text-transform: capitalize; vertical-align: baseline;"><span style="font-family: verdana;">Key Takeaways</span></h2><ul style="border: 0px; box-sizing: border-box; font-style: inherit; font-weight: inherit; list-style-image: initial; list-style-position: initial; margin: revert; outline: 0px; padding: revert; vertical-align: baseline;"><li style="border: 0px; box-sizing: inherit; font-style: inherit; font-weight: inherit; margin: 0px; outline: 0px; padding: 0px; vertical-align: baseline;"><span style="font-family: verdana;">Embrace failure as a learning experience</span></li><li style="border: 0px; box-sizing: inherit; font-style: inherit; font-weight: inherit; margin: 0px; outline: 0px; padding: 0px; vertical-align: baseline;"><span style="font-family: verdana;">Pursue your dreams, even in the face of adversity</span></li><li style="border: 0px; box-sizing: inherit; font-style: inherit; font-weight: inherit; margin: 0px; outline: 0px; padding: 0px; vertical-align: baseline;"><span style="font-family: verdana;">Innovate and adapt to changing circumstances</span></li><li style="border: 0px; box-sizing: inherit; font-style: inherit; font-weight: inherit; margin: 0px; outline: 0px; padding: 0px; vertical-align: baseline;"><span style="font-family: verdana;">Focus on creating value, not just making money</span></li><li style="border: 0px; box-sizing: inherit; font-style: inherit; font-weight: inherit; margin: 0px; outline: 0px; padding: 0px; vertical-align: baseline;"><span style="font-family: verdana;">Maintain high expectations and standards for yourself and your business</span></li><li style="border: 0px; box-sizing: inherit; font-style: inherit; font-weight: inherit; margin: 0px; outline: 0px; padding: 0px; vertical-align: baseline;"><span style="font-family: verdana;">Strive to make a positive impact on society</span></li><li style="border: 0px; box-sizing: inherit; font-style: inherit; font-weight: inherit; margin: 0px; outline: 0px; padding: 0px; vertical-align: baseline;"><span style="font-family: verdana;">Recognize the importance of patience and perseverance</span></li><li style="border: 0px; box-sizing: inherit; font-style: inherit; font-weight: inherit; margin: 0px; outline: 0px; padding: 0px; vertical-align: baseline;"><span style="font-family: verdana;">Find inspiration in small ideas, as they can lead to significant changes</span></li><li style="border: 0px; box-sizing: inherit; font-style: inherit; font-weight: inherit; margin: 0px; outline: 0px; padding: 0px; vertical-align: baseline;"><span style="font-family: verdana;">Measure and manage your progress to ensure success</span></li><li style="border: 0px; box-sizing: inherit; font-style: inherit; font-weight: inherit; margin: 0px; outline: 0px; padding: 0px; vertical-align: baseline;"><span style="font-family: verdana;">Embrace your unique strengths and use them to your advantage</span></li></ul><h2 style="border: 0px; box-sizing: inherit; clear: both; color: var(--ast-global-color-2); font-size: 1.5625rem; font-style: inherit; font-weight: 400; letter-spacing: 0px; line-height: 1.25em; margin: 0px 0px 20px; outline: 0px; padding: 0px; text-decoration-line: initial; text-transform: capitalize; vertical-align: baseline;"><span style="font-family: verdana;">Conclusion</span></h2><p style="border: 0px; box-sizing: inherit; font-style: inherit; font-weight: inherit; margin: 0px 0px 1.49em; outline: 0px; padding: 0px; vertical-align: baseline;"><span style="font-family: verdana;">In the world of entrepreneurship, there’s no one-size-fits-all recipe for success. However, the advice these 50 influential entrepreneurs share can serve as valuable guidance for anyone seeking to make their mark in the business world. By embracing failure, pursuing your passions, and creating value, you can set yourself on a path toward success. Learn from these trailblazers, remain adaptable, and never lose sight of the impact you can have on society. With patience, perseverance, and a willingness to challenge the status quo, you may join the ranks of these extraordinary individuals who have made a lasting impression on the world through innovation and determination.</span></p><p style="border: 0px; box-sizing: inherit; font-style: inherit; font-weight: inherit; margin: 0px 0px 1.49em; outline: 0px; padding: 0px; vertical-align: baseline;"><span style="font-family: verdana;">Source:www.newtraderu.com</span></p><span style="font-family: verdana;"><span class="ezoic-autoinsert-video ezoic-long_content" style="box-sizing: inherit;"></span></span></div></div></div></article><nav aria-label="Posts" class="navigation post-navigation" role="navigation" style="background-color: #f9fafb; border-top: 0px; box-sizing: inherit; color: #334155; font-size: 16px; margin: 0px; overflow: hidden; padding: 2em 3.33333em 0px;"></nav>Srirangan Kathiraveluhttp://www.blogger.com/profile/05582587451681053792noreply@blogger.com0tag:blogger.com,1999:blog-8080901532999179108.post-37479880269570646072023-05-25T17:36:00.003+05:302023-05-25T17:36:18.813+05:30Types Of Investors In The Stock Market: Tier ListBy Steve Burns<br /><br /> <br /><b><span style="font-size: medium;">The Stock Market Zoo: Animal Metaphors In Trading And Investing</span></b><br /><br /><b><span style="font-size: medium;">Tier list for the ten types of investors:</span></b><div><br /></div><div>1. <b>Whales: </b>Large investors who move the market through size. <br />2. <b>Sharks:</b> Opportunists who make money quickly and efficiently. <br />3. <b>Turtles:</b> Slow and steady trend followers.<br />4. <b>Wolves:</b> Contrarian traders who go against the majority. <br />5. <b>Rabbits:</b> Day traders and scalpers whose edge is speed. <br />6. <b>Bulls:</b> Too optimistic but make money in uptrends. <br />7. <b>Bears:</b> Too negative but makes money in downtrends. <br />8. <b>Pigs:</b> Trade too big and hold on to positions too long. <br />9. <b>Sheep:</b> They focus on others’ opinions and predictions. <br />10. <b>Chickens:</b> Too scared to trade real money. <br /><br />The world of trading and investing has always been filled with interesting terminology. One of the fascinating aspects is the use of animal metaphors to describe different types of traders and investors. These metaphors are fun and help paint a picture of the various approaches and strategies people employ in the market. In this blog post, we will explore the most common animal metaphors traders and investors use and provide insights into the characteristics and behaviors that define each one.</div><div><br /><b>The Bear</b><br /><br />Regarding stock market animals, the bear is synonymous with pessimism. Bears are traders who believe the market is headed for a downturn and are eager to take advantage of it. They “short” stocks sell shares they don’t own, hoping to repurchase them later at a lower price to profit from the decline. As a result, a bearish trader is often seen as cautious or even skeptical, always looking for signs of weakness in the market.</div><div><br /><b>The Bull</b><br /><br />On the opposite side of the spectrum, we have the bull. Bulls are optimistic traders who believe the market will rise and are eager to buy in anticipation of profits. They are known for their confidence and bullish outlook, often taking long positions in stocks they believe will experience growth. A bull’s screen is typically green when profitable, reflecting their positive expectations for the market.</div><div><br /><b>The Pig</b><br /><br />Pigs are traders who love the thrill of the trade, often taking on significant positions and trading frequently. However, their appetite for big gains can also be their downfall, as they may struggle with knowing when to exit a winning trade. Pigs often have unrealistic targets, overly large position sizes, and excessively long timeframes, leading to losses when the market inevitably turns against them.<br /><br />This famous quote captures these three stock market types: “Bulls make money, bears make money, pigs get slaughtered.” This quote warns against trading too big and staying too late in a big trend.<br /><b><br /></b></div><div><b>The Whale</b><br /><br />Whales are the big players in the market, with the financial firepower to move prices significantly when they buy or sell. They often have to be cautious when entering or exiting positions to avoid making waves that attract piggybackers – traders who try to profit by following the moves of these market giants. Trading alongside the right whale can be highly profitable, as their actions often set the stage for significant market moves.<br /><br /></div><div><b>The Shark</b><br /><br />Sharks are the ultimate opportunists in the market, with a keen focus on making money quickly and efficiently. These traders are not interested in complex theories or esoteric methods; they prefer to keep things simple. Sharks are known for their ability to spot and seize opportunities, making money from trades before moving on to the next one.<br /><b><br /></b></div><div><b>The Chicken</b><br /><br />Chickens are traders who are held back by their fear. They struggle to take on significant positions or make confident entries because they constantly worry about losing money. This excessive caution can prevent chickens from capitalizing on good opportunities, as they hesitate and miss out on potential gains.<br /><br /></div><div><b>The Rabbit</b><br /><br />Rabbits are the quintessential day traders, operating on extremely short timeframes and looking to make quick profits. They avoid holding positions overnight, focusing instead on scalping small profits throughout the day. Rabbits are fast and agile, constantly hopping from one opportunity to another.<br /><b><br /></b></div><div><b>The Sheep</b><br /><br />Sheep traders prefer to follow the crowd or a particular guru rather than develop their trading strategies. They often join the market late in a trend and exit, leading to diminished returns or losses. Sheep are more comfortable in the company of others, preferring to let someone else make decisions on their behalf.</div><div><br /><b>The Wolf</b><br /><br />Wolves are contrarian traders, always looking for opportunities to trade against the majority. They thrive on market turning points, shorting overextended stocks or buying when there’s “blood in the streets.” Wolves love to sell out-of-the-money options with terrible odds to gamblers, capitalizing on the misguided bets of the sheep and other less informed market participants. The wolf’s primary goal is to profit from the mistakes of the suckers, gamblers, and sheep.</div><div><br /><b>The Turtle</b><br /><br />Turtles are the embodiment of patience in the world of trading. They take a slow and steady approach, trading on long-term timeframes and focusing on the more significant trends. Turtles are not concerned with the minute-by-minute action of the market; they are more interested in the end-of-day results and weekly charts. By taking their time to enter and exit positions, turtles aim to minimize the number of trades they make while maximizing their profits.</div><div><br /><b><span style="font-size: medium;">Conclusion</span></b><br /><br />Using animal metaphors in the stock market provides a fascinating glimpse into the various types of traders and investors that participate in the market. Understanding these different “animals” and their distinct characteristics can be entertaining and educational, as it sheds light on the diverse strategies and mindsets people employ when navigating the world of finance.<br /><br />Whether you identify as a bear, bull, or any other animal on this list, recognizing your trading style and the styles of others can be an invaluable tool for navigating the stock market. It can help you adapt your approach, capitalize on the behavior of others, and ultimately, become a more prosperous and informed trader or investor. So, the next time you find yourself in the market jungle, remember these animal metaphors and use them to help guide your decisions and strategies.</div><div>Source: www.newtraderu.com</div>Srirangan Kathiraveluhttp://www.blogger.com/profile/05582587451681053792noreply@blogger.com0tag:blogger.com,1999:blog-8080901532999179108.post-82837759757507354692023-03-25T12:19:00.002+05:302023-03-25T12:19:56.100+05:30How Inflation Ruined The Roman Economy<p>By Steve Burns</p><p> <span style="background-color: white; color: #334155; font-family: Helvetica, Verdana, Arial, sans-serif; font-size: 16px;">In this blog post, we will delve into the fascinating world of the Roman Empire’s economy and unravel how the phenomenon of inflation played a significant role in its eventual collapse. As someone interested in economics and monetary policy, I will guide you through this intriguing journey. You will learn the specific economic conditions, monetary policy, and societal trends that lead to the demise of one of the greatest civilizations the world has ever seen.</span></p><h2 style="background-color: white; border: 0px; box-sizing: inherit; clear: both; color: var(--ast-global-color-2); font-family: Helvetica, Verdana, Arial, sans-serif; font-size: 1.5625rem; font-weight: 400; line-height: 1.25em; margin: 0px 0px 20px; outline: 0px; padding: 0px; text-decoration-line: initial; text-transform: capitalize; vertical-align: baseline;">A Brief Overview Of The Roman Empire’s Economy</h2><p style="background-color: white; border: 0px; box-sizing: inherit; color: #334155; font-family: Helvetica, Verdana, Arial, sans-serif; font-size: 16px; margin: 0px 0px 1.49em; outline: 0px; padding: 0px; vertical-align: baseline;">The Roman Empire’s economy was a complex system that involved trade, agriculture, and various industries. At its peak, the empire was an economic powerhouse, boasting a vast network of trade routes and a plethora of resources. Let’s break down the critical components of this economic behemoth:</p><h3 style="background-color: white; border: 0px; box-sizing: inherit; clear: both; color: var(--ast-global-color-2); font-family: Helvetica, Verdana, Arial, sans-serif; font-size: 1.625rem; font-weight: 400; line-height: 1.2em; margin: 0px 0px 20px; outline: 0px; padding: 0px; text-decoration-line: initial; text-transform: capitalize; vertical-align: baseline;">Trade</h3><ul style="background-color: white; border: 0px; box-sizing: border-box; color: #334155; font-family: Helvetica, Verdana, Arial, sans-serif; font-size: 16px; list-style-image: initial; list-style-position: initial; margin: revert; outline: 0px; padding: revert; vertical-align: baseline;"><li style="border: 0px; box-sizing: inherit; font-style: inherit; font-weight: inherit; margin: 0px; outline: 0px; padding: 0px; vertical-align: baseline;">The Roman Empire was central to a vast trade network, with goods and services flowing from various regions.</li><li style="border: 0px; box-sizing: inherit; font-style: inherit; font-weight: inherit; margin: 0px; outline: 0px; padding: 0px; vertical-align: baseline;">Key trade routes included the Mediterranean Sea and the Silk Road.</li><li style="border: 0px; box-sizing: inherit; font-style: inherit; font-weight: inherit; margin: 0px; outline: 0px; padding: 0px; vertical-align: baseline;">Imported goods ranged from spices and silks to precious metals and exotic animals.</li></ul><h3 style="background-color: white; border: 0px; box-sizing: inherit; clear: both; color: var(--ast-global-color-2); font-family: Helvetica, Verdana, Arial, sans-serif; font-size: 1.625rem; font-weight: 400; line-height: 1.2em; margin: 0px 0px 20px; outline: 0px; padding: 0px; text-decoration-line: initial; text-transform: capitalize; vertical-align: baseline;">Agriculture</h3><ul style="background-color: white; border: 0px; box-sizing: border-box; color: #334155; font-family: Helvetica, Verdana, Arial, sans-serif; font-size: 16px; list-style-image: initial; list-style-position: initial; margin: revert; outline: 0px; padding: revert; vertical-align: baseline;"><li style="border: 0px; box-sizing: inherit; font-style: inherit; font-weight: inherit; margin: 0px; outline: 0px; padding: 0px; vertical-align: baseline;">Agriculture was the backbone of the Roman Empire’s economy, with a majority of the population engaged in farming.</li><li style="border: 0px; box-sizing: inherit; font-style: inherit; font-weight: inherit; margin: 0px; outline: 0px; padding: 0px; vertical-align: baseline;">The empire’s fertile lands produced a variety of crops, including wheat, olives, and grapes.</li><li style="border: 0px; box-sizing: inherit; font-style: inherit; font-weight: inherit; margin: 0px; outline: 0px; padding: 0px; vertical-align: baseline;">The abundance of food allowed the Roman Empire to support its large population and urban centers.</li></ul><h3 style="background-color: white; border: 0px; box-sizing: inherit; clear: both; color: var(--ast-global-color-2); font-family: Helvetica, Verdana, Arial, sans-serif; font-size: 1.625rem; font-weight: 400; line-height: 1.2em; margin: 0px 0px 20px; outline: 0px; padding: 0px; text-decoration-line: initial; text-transform: capitalize; vertical-align: baseline;">Industries</h3><ul style="background-color: white; border: 0px; box-sizing: border-box; color: #334155; font-family: Helvetica, Verdana, Arial, sans-serif; font-size: 16px; list-style-image: initial; list-style-position: initial; margin: revert; outline: 0px; padding: revert; vertical-align: baseline;"><li style="border: 0px; box-sizing: inherit; font-style: inherit; font-weight: inherit; margin: 0px; outline: 0px; padding: 0px; vertical-align: baseline;">The Roman Empire boasted various industries, from mining and metallurgy to pottery and textiles.</li><li style="border: 0px; box-sizing: inherit; font-style: inherit; font-weight: inherit; margin: 0px; outline: 0px; padding: 0px; vertical-align: baseline;">Roman engineering prowess allowed for the construction of large-scale projects, such as aqueducts, roads, monumental buildings, and the Roman Colosseum.</li><li style="border: 0px; box-sizing: inherit; font-style: inherit; font-weight: inherit; margin: 0px; outline: 0px; padding: 0px; vertical-align: baseline;">These industries provided employment opportunities, generated wealth, and fueled economic growth.</li></ul><div><p style="background-color: white; border: 0px; box-sizing: inherit; color: #334155; font-family: Helvetica, Verdana, Arial, sans-serif; font-size: 16px; margin: 0px 0px 1.49em; outline: 0px; padding: 0px; vertical-align: baseline;">With this background in mind, let’s now turn our attention to the role of inflation in the decline of the Roman Empire’s economy.</p><span class="ezoic-autoinsert-video ezoic-mid_content" style="background-color: white; box-sizing: inherit; color: #334155; font-family: Helvetica, Verdana, Arial, sans-serif; font-size: 16px;"></span><h2 style="background-color: white; border: 0px; box-sizing: inherit; clear: both; color: var(--ast-global-color-2); font-family: Helvetica, Verdana, Arial, sans-serif; font-size: 1.5625rem; font-weight: 400; line-height: 1.25em; margin: 0px 0px 20px; outline: 0px; padding: 0px; text-decoration-line: initial; text-transform: capitalize; vertical-align: baseline;">The Emergence Of Inflation</h2><p style="background-color: white; border: 0px; box-sizing: inherit; color: #334155; font-family: Helvetica, Verdana, Arial, sans-serif; font-size: 16px; margin: 0px 0px 1.49em; outline: 0px; padding: 0px; vertical-align: baseline;">Inflation, the continuous rise in prices for goods and services, slowly began to creep into the Roman Empire’s economy. As the empire expanded, its monetary policy became increasingly complex, ultimately leading to devastating consequences.</p><h3 style="background-color: white; border: 0px; box-sizing: inherit; clear: both; color: var(--ast-global-color-2); font-family: Helvetica, Verdana, Arial, sans-serif; font-size: 1.625rem; font-weight: 400; line-height: 1.2em; margin: 0px 0px 20px; outline: 0px; padding: 0px; text-decoration-line: initial; text-transform: capitalize; vertical-align: baseline;">Debasement Of Currency</h3><ul style="background-color: white; border: 0px; box-sizing: border-box; color: #334155; font-family: Helvetica, Verdana, Arial, sans-serif; font-size: 16px; list-style-image: initial; list-style-position: initial; margin: revert; outline: 0px; padding: revert; vertical-align: baseline;"><li style="border: 0px; box-sizing: inherit; font-style: inherit; font-weight: inherit; margin: 0px; outline: 0px; padding: 0px; vertical-align: baseline;">The Roman Empire’s primary currency was the silver denarius, widely accepted across the empire and beyond.</li><li style="border: 0px; box-sizing: inherit; font-style: inherit; font-weight: inherit; margin: 0px; outline: 0px; padding: 0px; vertical-align: baseline;">Over time, emperors began to debase the denarius by reducing its silver content to fund wars, public works, and other expenses.</li><li style="border: 0px; box-sizing: inherit; font-style: inherit; font-weight: inherit; margin: 0px; outline: 0px; padding: 0px; vertical-align: baseline;">This debasement decreased the coin’s intrinsic value, resulting in inflation and a decline in purchasing power.</li></ul><div><p style="background-color: white; border: 0px; box-sizing: inherit; color: #334155; font-family: Helvetica, Verdana, Arial, sans-serif; font-size: 16px; margin: 0px 0px 1.49em; outline: 0px; padding: 0px; vertical-align: baseline;">Emperors debased the currency by reducing the precious metal content in the coins, primarily the silver content in the denarius, which was the principal currency of the Roman Empire. This process allowed them to create more coins using the same amount of precious metal, thus increasing the money supply to fund their various expenses, such as wars, public works, and administrative costs.</p><p style="background-color: white; border: 0px; box-sizing: inherit; color: #334155; font-family: Helvetica, Verdana, Arial, sans-serif; font-size: 16px; margin: 0px 0px 1.49em; outline: 0px; padding: 0px; vertical-align: baseline;">There were several methods of debasement, including:</p><span class="ezoic-autoinsert-video ezoic-long_content" style="background-color: white; box-sizing: inherit; color: #334155; font-family: Helvetica, Verdana, Arial, sans-serif; font-size: 16px;"></span><ol style="background-color: white; border: 0px; box-sizing: border-box; color: #334155; font-family: Helvetica, Verdana, Arial, sans-serif; font-size: 16px; list-style-image: initial; list-style-position: initial; margin: revert; outline: 0px; padding: revert; vertical-align: baseline;"><li style="border: 0px; box-sizing: inherit; font-style: inherit; font-weight: inherit; margin: 0px; outline: 0px; padding: 0px; vertical-align: baseline;">Reducing the coin’s weight: Emperors would order the production of coins with a lower weight, thus using less precious metal for each coin.</li><li style="border: 0px; box-sizing: inherit; font-style: inherit; font-weight: inherit; margin: 0px; outline: 0px; padding: 0px; vertical-align: baseline;">Alloying: Another method involves mixing a precious metal, such as silver or gold, with a less valuable metal, like copper or bronze. This created an alloy with a lower percentage of precious metal content in each coin. The appearance of the coin would remain somewhat similar, but its intrinsic value would be lower due to the reduced amount of precious metal.</li><li style="border: 0px; box-sizing: inherit; font-style: inherit; font-weight: inherit; margin: 0px; outline: 0px; padding: 0px; vertical-align: baseline;">Clipping and shaving: In some cases, metal from the edges of the coins would be clipped or shaved off and then used to produce new coins. This method reduced the weight and value of the existing coins while creating new ones with the collected shavings.</li></ol><p style="background-color: white; border: 0px; box-sizing: inherit; color: #334155; font-family: Helvetica, Verdana, Arial, sans-serif; font-size: 16px; margin: 0px 0px 1.49em; outline: 0px; padding: 0px; vertical-align: baseline;">The debasement of currency was a short-term solution for emperors to finance their expenditures, but it had long-term negative consequences. As the currency’s intrinsic value decreased, people began to lose faith in the denarius, leading to inflation, reduced purchasing power, and a decline in trade and commerce. This, in turn, contributed to the overall weakening of the Roman Empire’s economy.</p><p style="background-color: white; border: 0px; box-sizing: inherit; color: #334155; font-family: Helvetica, Verdana, Arial, sans-serif; font-size: 16px; margin: 0px 0px 1.49em; outline: 0px; padding: 0px; vertical-align: baseline;">As the debased currency circulated throughout the empire, people started to recognize the decline in its value. This led to a phenomenon known as Gresham’s Law, which states that “bad money drives out good.” In this context, people would hoard the older, more valuable coins with higher precious metal content and spend the debased coins instead. Consequently, the older, more valuable coins would disappear from circulation, leaving the debased currency as the primary medium of exchange.</p><p style="background-color: white; border: 0px; box-sizing: inherit; color: #334155; font-family: Helvetica, Verdana, Arial, sans-serif; font-size: 16px; margin: 0px 0px 1.49em; outline: 0px; padding: 0px; vertical-align: baseline;">This hoarding behavior further aggravated the economic situation by decreasing the amount of sound money in circulation, making transactions more complex and promoting barter as an alternative to monetary exchange. As the economy continued to decline, the Roman Empire faced increased social unrest, a widening gap between the rich and poor, and a reduced ability to respond to external threats such as invasions and migrations.</p><h3 style="background-color: white; border: 0px; box-sizing: inherit; clear: both; color: var(--ast-global-color-2); font-family: Helvetica, Verdana, Arial, sans-serif; font-size: 1.625rem; font-weight: 400; line-height: 1.2em; margin: 0px 0px 20px; outline: 0px; padding: 0px; text-decoration-line: initial; text-transform: capitalize; vertical-align: baseline;">Excessive Government Spending</h3><ul style="background-color: white; border: 0px; box-sizing: border-box; color: #334155; font-family: Helvetica, Verdana, Arial, sans-serif; font-size: 16px; list-style-image: initial; list-style-position: initial; margin: revert; outline: 0px; padding: revert; vertical-align: baseline;"><li style="border: 0px; box-sizing: inherit; font-style: inherit; font-weight: inherit; margin: 0px; outline: 0px; padding: 0px; vertical-align: baseline;">The Roman Empire’s expenditures grew as the empire expanded, requiring increased funding for military campaigns, public works, and administrative costs.</li><li style="border: 0px; box-sizing: inherit; font-style: inherit; font-weight: inherit; margin: 0px; outline: 0px; padding: 0px; vertical-align: baseline;">To cover these expenses, the government often resorted to increasing taxes, debasing the currency, or both.</li><li style="border: 0px; box-sizing: inherit; font-style: inherit; font-weight: inherit; margin: 0px; outline: 0px; padding: 0px; vertical-align: baseline;">This practice weakened the empire’s financial position, further exacerbating inflationary pressures.</li></ul><p style="background-color: white; border: 0px; box-sizing: inherit; color: #334155; font-family: Helvetica, Verdana, Arial, sans-serif; font-size: 16px; margin: 0px 0px 1.49em; outline: 0px; padding: 0px; vertical-align: baseline;"><span class="ezoic-autoinsert-video ezoic-longer_content" style="box-sizing: inherit;"></span></p><h2 style="background-color: white; border: 0px; box-sizing: inherit; clear: both; color: var(--ast-global-color-2); font-family: Helvetica, Verdana, Arial, sans-serif; font-size: 1.5625rem; font-weight: 400; line-height: 1.25em; margin: 0px 0px 20px; outline: 0px; padding: 0px; text-decoration-line: initial; text-transform: capitalize; vertical-align: baseline;">How Inflation Impacted The Roman Empire’s Economy</h2></div></div><div><p style="background-color: white; border: 0px; box-sizing: inherit; color: #334155; font-family: Helvetica, Verdana, Arial, sans-serif; font-size: 16px; margin: 0px 0px 1.49em; outline: 0px; padding: 0px; vertical-align: baseline;">The consequences of inflation were far-reaching and detrimental to the overall health of the Roman Empire’s economy.</p><p style="background-color: white; border: 0px; box-sizing: inherit; color: #334155; font-family: Helvetica, Verdana, Arial, sans-serif; font-size: 16px; margin: 0px 0px 1.49em; outline: 0px; padding: 0px; vertical-align: baseline;">Let’s examine some of the critical effects:</p><h3 style="background-color: white; border: 0px; box-sizing: inherit; clear: both; color: var(--ast-global-color-2); font-family: Helvetica, Verdana, Arial, sans-serif; font-size: 1.625rem; font-weight: 400; line-height: 1.2em; margin: 0px 0px 20px; outline: 0px; padding: 0px; text-decoration-line: initial; text-transform: capitalize; vertical-align: baseline;">Erosion Of Wealth</h3><ul style="background-color: white; border: 0px; box-sizing: border-box; color: #334155; font-family: Helvetica, Verdana, Arial, sans-serif; font-size: 16px; list-style-image: initial; list-style-position: initial; margin: revert; outline: 0px; padding: revert; vertical-align: baseline;"><li style="border: 0px; box-sizing: inherit; font-style: inherit; font-weight: inherit; margin: 0px; outline: 0px; padding: 0px; vertical-align: baseline;">As inflation took hold, the purchasing power of the denarius decreased, making it difficult for individuals to maintain their wealth and living standards.</li><li style="border: 0px; box-sizing: inherit; font-style: inherit; font-weight: inherit; margin: 0px; outline: 0px; padding: 0px; vertical-align: baseline;">Savings were eroded, and individuals began to hoard precious metals, such as gold and silver, as a means of preserving their wealth.</li><li style="border: 0px; box-sizing: inherit; font-style: inherit; font-weight: inherit; margin: 0px; outline: 0px; padding: 0px; vertical-align: baseline;">This behavior reduced the amount of sound money in circulation, further exacerbating the economic downturn.</li></ul><h3 style="background-color: white; border: 0px; box-sizing: inherit; clear: both; color: var(--ast-global-color-2); font-family: Helvetica, Verdana, Arial, sans-serif; font-size: 1.625rem; font-weight: 400; line-height: 1.2em; margin: 0px 0px 20px; outline: 0px; padding: 0px; text-decoration-line: initial; text-transform: capitalize; vertical-align: baseline;">A Decline In Trade And Commerce</h3><ul style="background-color: white; border: 0px; box-sizing: border-box; color: #334155; font-family: Helvetica, Verdana, Arial, sans-serif; font-size: 16px; list-style-image: initial; list-style-position: initial; margin: revert; outline: 0px; padding: revert; vertical-align: baseline;"><li style="border: 0px; box-sizing: inherit; font-style: inherit; font-weight: inherit; margin: 0px; outline: 0px; padding: 0px; vertical-align: baseline;">As the value of the denarius continued to decline, merchants were less willing to accept it as payment for goods and services.</li><li style="border: 0px; box-sizing: inherit; font-style: inherit; font-weight: inherit; margin: 0px; outline: 0px; padding: 0px; vertical-align: baseline;">This reluctance led to a slowdown in trade and commerce as transactions became more cumbersome and less efficient.</li><li style="border: 0px; box-sizing: inherit; font-style: inherit; font-weight: inherit; margin: 0px; outline: 0px; padding: 0px; vertical-align: baseline;">The decline in trade had a ripple effect on other sectors of the economy, such as agriculture and industry, which also suffered as a result.</li></ul><h3 style="background-color: white; border: 0px; box-sizing: inherit; clear: both; color: var(--ast-global-color-2); font-family: Helvetica, Verdana, Arial, sans-serif; font-size: 1.625rem; font-weight: 400; line-height: 1.2em; margin: 0px 0px 20px; outline: 0px; padding: 0px; text-decoration-line: initial; text-transform: capitalize; vertical-align: baseline;">Social Unrest And Class Struggles</h3><span class="ezoic-autoinsert-video ezoic-longest_content" style="background-color: white; box-sizing: inherit; color: #334155; font-family: Helvetica, Verdana, Arial, sans-serif; font-size: 16px;"></span><ul style="background-color: white; border: 0px; box-sizing: border-box; color: #334155; font-family: Helvetica, Verdana, Arial, sans-serif; font-size: 16px; list-style-image: initial; list-style-position: initial; margin: revert; outline: 0px; padding: revert; vertical-align: baseline;"><li style="border: 0px; box-sizing: inherit; font-style: inherit; font-weight: inherit; margin: 0px; outline: 0px; padding: 0px; vertical-align: baseline;">The effects of inflation were not evenly distributed across the population, with the lower classes bearing the brunt of the economic hardship.</li><li style="border: 0px; box-sizing: inherit; font-style: inherit; font-weight: inherit; margin: 0px; outline: 0px; padding: 0px; vertical-align: baseline;">The widening gap between the rich and the poor fueled social unrest and exacerbated existing class struggles.</li><li style="border: 0px; box-sizing: inherit; font-style: inherit; font-weight: inherit; margin: 0px; outline: 0px; padding: 0px; vertical-align: baseline;">As discontent grew, it contributed to the overall instability of the empire, making it more susceptible to external threats.</li></ul><div><h2 style="background-color: white; border: 0px; box-sizing: inherit; clear: both; color: var(--ast-global-color-2); font-family: Helvetica, Verdana, Arial, sans-serif; font-size: 1.5625rem; font-weight: 400; line-height: 1.25em; margin: 0px 0px 20px; outline: 0px; padding: 0px; text-decoration-line: initial; text-transform: capitalize; vertical-align: baseline;">The Final Blow: External Factors And The Fall Of The Roman Empire</h2><p style="background-color: white; border: 0px; box-sizing: inherit; color: #334155; font-family: Helvetica, Verdana, Arial, sans-serif; font-size: 16px; margin: 0px 0px 1.49em; outline: 0px; padding: 0px; vertical-align: baseline;">While inflation played a significant role in the decline of the Roman Empire’s economy, it was not the sole factor responsible for its eventual collapse. External factors, such as invasions, migrations, and political instability, also played a part in bringing down the once-mighty empire.</p><h3 style="background-color: white; border: 0px; box-sizing: inherit; clear: both; color: var(--ast-global-color-2); font-family: Helvetica, Verdana, Arial, sans-serif; font-size: 1.625rem; font-weight: 400; line-height: 1.2em; margin: 0px 0px 20px; outline: 0px; padding: 0px; text-decoration-line: initial; text-transform: capitalize; vertical-align: baseline;">Invasions And Migrations</h3><ul style="background-color: white; border: 0px; box-sizing: border-box; color: #334155; font-family: Helvetica, Verdana, Arial, sans-serif; font-size: 16px; list-style-image: initial; list-style-position: initial; margin: revert; outline: 0px; padding: revert; vertical-align: baseline;"><li style="border: 0px; box-sizing: inherit; font-style: inherit; font-weight: inherit; margin: 0px; outline: 0px; padding: 0px; vertical-align: baseline;">As the Roman Empire’s economy weakened, it became increasingly vulnerable to invasions from barbarian tribes, such as the Visigoths, Vandals, and Huns.</li><li style="border: 0px; box-sizing: inherit; font-style: inherit; font-weight: inherit; margin: 0px; outline: 0px; padding: 0px; vertical-align: baseline;">These invasions not only disrupted trade and commerce but also placed additional strain on the empire’s already fragile economy.</li><li style="border: 0px; box-sizing: inherit; font-style: inherit; font-weight: inherit; margin: 0px; outline: 0px; padding: 0px; vertical-align: baseline;">The influx of migrants and refugees from conquered territories further strained the empire’s resources and infrastructure.</li></ul><div><h3 style="background-color: white; border: 0px; box-sizing: inherit; clear: both; color: var(--ast-global-color-2); font-family: Helvetica, Verdana, Arial, sans-serif; font-size: 1.625rem; font-weight: 400; line-height: 1.2em; margin: 0px 0px 20px; outline: 0px; padding: 0px; text-decoration-line: initial; text-transform: capitalize; vertical-align: baseline;">Political Instability And Corruption</h3><ul style="background-color: white; border: 0px; box-sizing: border-box; color: #334155; font-family: Helvetica, Verdana, Arial, sans-serif; font-size: 16px; list-style-image: initial; list-style-position: initial; margin: revert; outline: 0px; padding: revert; vertical-align: baseline;"><li style="border: 0px; box-sizing: inherit; font-style: inherit; font-weight: inherit; margin: 0px; outline: 0px; padding: 0px; vertical-align: baseline;">The Roman Empire’s political landscape was marred by frequent power struggles, assassinations, and corruption.</li><li style="border: 0px; box-sizing: inherit; font-style: inherit; font-weight: inherit; margin: 0px; outline: 0px; padding: 0px; vertical-align: baseline;">This instability made it difficult for the empire to implement effective economic policies and address the growing inflation problem.</li><li style="border: 0px; box-sizing: inherit; font-style: inherit; font-weight: inherit; margin: 0px; outline: 0px; padding: 0px; vertical-align: baseline;">The internal turmoil ultimately weakened the empire’s ability to respond to external threats and control its vast territories.</li></ul><h2 style="background-color: white; border: 0px; box-sizing: inherit; clear: both; color: var(--ast-global-color-2); font-family: Helvetica, Verdana, Arial, sans-serif; font-size: 1.5625rem; font-weight: 400; line-height: 1.25em; margin: 0px 0px 20px; outline: 0px; padding: 0px; text-decoration-line: initial; text-transform: capitalize; vertical-align: baseline;">Lessons From The Roman Empire’s Economic Collapse</h2><p style="background-color: white; border: 0px; box-sizing: inherit; color: #334155; font-family: Helvetica, Verdana, Arial, sans-serif; font-size: 16px; margin: 0px 0px 1.49em; outline: 0px; padding: 0px; vertical-align: baseline;">The fall of the Roman Empire is a cautionary tale for modern societies, illustrating the dangers of unchecked inflation and the importance of sound monetary policy. Some key takeaways from this historical episode include:</p><ul style="background-color: white; border: 0px; box-sizing: border-box; color: #334155; font-family: Helvetica, Verdana, Arial, sans-serif; font-size: 16px; list-style-image: initial; list-style-position: initial; margin: revert; outline: 0px; padding: revert; vertical-align: baseline;"><li style="border: 0px; box-sizing: inherit; font-style: inherit; font-weight: inherit; margin: 0px; outline: 0px; padding: 0px; vertical-align: baseline;">The importance of maintaining a stable currency to ensure economic stability and growth.</li><li style="border: 0px; box-sizing: inherit; font-style: inherit; font-weight: inherit; margin: 0px; outline: 0px; padding: 0px; vertical-align: baseline;">The need for governments to exercise fiscal responsibility and avoid excessive spending and debt accumulation.</li><li style="border: 0px; box-sizing: inherit; font-style: inherit; font-weight: inherit; margin: 0px; outline: 0px; padding: 0px; vertical-align: baseline;">The value of addressing economic disparities and promoting social cohesion to maintain a stable and united society.</li></ul><h2 style="background-color: white; border: 0px; box-sizing: inherit; clear: both; color: var(--ast-global-color-2); font-family: Helvetica, Verdana, Arial, sans-serif; font-size: 1.5625rem; font-weight: 400; line-height: 1.25em; margin: 0px 0px 20px; outline: 0px; padding: 0px; text-decoration-line: initial; text-transform: capitalize; vertical-align: baseline;">Key Lessons</h2><p style="background-color: white; border: 0px; box-sizing: inherit; color: #334155; font-family: Helvetica, Verdana, Arial, sans-serif; font-size: 16px; margin: 0px 0px 1.49em; outline: 0px; padding: 0px; vertical-align: baseline;">The Roman Empire’s economy, once a marvel of the ancient world, was brought to its knees by the insidious effects of inflation. The debasement of the currency, excessive government spending, and many external factors combined to create a perfect storm that led to the empire’s downfall. By studying this pivotal moment in history, we can better understand the factors that contribute to economic decline and work to prevent similar catastrophes in the future.</p><p style="background-color: white; border: 0px; box-sizing: inherit; color: #334155; font-family: Helvetica, Verdana, Arial, sans-serif; font-size: 16px; margin: 0px 0px 1.49em; outline: 0px; padding: 0px; vertical-align: baseline;">Source: www. newtraderu.com</p></div></div></div>Srirangan Kathiraveluhttp://www.blogger.com/profile/05582587451681053792noreply@blogger.com0tag:blogger.com,1999:blog-8080901532999179108.post-30023667300215489102023-03-11T10:59:00.002+05:302023-03-11T11:05:44.119+05:3020 Lessons From The Psychology Of Money That Will Change How You Think About MoneyBy Steve Burns<br /><br /> If you want to achieve financial success, it’s super important to understand the psychology of money. Money isn’t just a physical thing; it’s got emotional and psychological implications too. How we think about money affects our financial decisions, which can significantly impact our lives.<br /><br />There’s an excellent book called “The Psychology of Money” by Morgan Housel that can help change your perspective on finances. In this article, we’ll talk about 20 lessons from the book that can help you understand money better and make smarter financial choices.<div><br /><b><span style="font-size: medium;">Lesson 1: Our Worldview Is Limited</span></b><br /><br />What we experience is just a tiny part of what’s happening worldwide. But it shapes how we see things 80% of the time. This is especially true regarding money because our experiences shape our attitudes and beliefs. If we recognize that our experiences are limited, we can be more open to new ideas and perspectives.</div><div><br /><b><span style="font-size: medium;">Lesson 2: Luck Vs. Risk</span></b><br /><br />Knowing the difference between luck and risk is essential when making financial decisions. Sometimes, bad luck can mess up a good decision, and sometimes, good luck can make a wrong decision look good. Understanding the difference between luck and risk can help you make better decisions and avoid unnecessary risks.</div><div><br /><b><span style="font-size: medium;">Lesson 3: Knowing When Enough Is Enough</span></b><br /><br />Most of us have enough to live on, but we always want more. We should recognize when we have enough and be content with it. It doesn’t mean we shouldn’t try to improve our financial situation, but we should be mindful of our priorities and avoid unnecessary stress and anxiety.</div><div><br /><b><span style="font-size: medium;">Lesson 4: Don’t Risk What’s Important</span></b><br /><br />Things like our reputation, freedom, family, friends, and happiness are never worth risking. Money can be a motivator, but we should always consider the consequences of our actions and avoid taking unnecessary risks that could harm our personal and professional lives.<br /><br /><b><span style="font-size: medium;">Lesson 5: The Magic Of Compound Interest</span></b><br /><br />Compound interest can be a powerful tool when used correctly. You can create wealth by putting money into low-cost index funds over time. This takes patience and discipline but can lead to significant financial gains.</div><div><br /><b><span style="font-size: medium;">Lesson 6: Plan For The Worst</span></b><br /><br />Having emergency funds and planning for the worst is essential. Setting aside six months to a year’s living expenses can help weather any storm. This can also give you peace of mind and reduce financial uncertainty.</div><div><br /><b><span style="font-size: medium;">Lesson 7: Take Control Of Your Finances</span></b><br /><br />Taking control of your finances, you are in charge of your financial destiny. You should do what’s right for you, even if everyone else does something different. This means avoiding trends and focusing on long-term goals and strategies.</div><div><br /><b><span style="font-size: medium;">Lesson 8: Freedom Is Key</span></b><br /><br />Building freedom in your life is essential. Even if you love your job, you should focus on building freedom because things can change quickly. This means saving money, investing in your education, and building a safety net that can help you weather any storm.</div><div><br /><b><span style="font-size: medium;">Lesson 9: Nobody Cares About Your Stuff</span></b><br /><br />We often think material things will impress others, but no one cares. It’s liberating to realize that we don’t need to impress anyone. Instead, we should focus on what truly matters, like our relationships, health, and personal growth.</div><div><br /><b><span style="font-size: medium;">Lesson 10: Be Wealthy, Not Flashy</span></b><br /><br />True wealth is measured by freedom, not how much money you spend. You should focus on building wealth to live life on your terms.</div><div><br /><b><span style="font-size: medium;">Lesson 11: The Importance Of Time</span></b><br /><br />Time is one of the most valuable things we have. The earlier we start saving and investing, the more time we have to grow our wealth. Don’t waste time procrastinating or making excuses. Start now, even if it’s just a little bit.</div><div><br /><b><span style="font-size: medium;">Lesson 12: Understand Your Biases</span></b><br /><br />We all have biases that can affect our financial decisions. Recognizing these biases and working to overcome them can help us make better choices.</div><div><br /><b><span style="font-size: medium;">Lesson 13: Money Is A Means To An End</span></b><br /><br />Money is just a tool to help us achieve our goals. It’s not the end goal in itself. Focus on what you want and use the money to get there.</div><div><br /><b><span style="font-size: medium;">Lesson 14: It’s Not About Timing The Market</span></b><br /><br />Trying to predict the market is a losing game. Instead, focus on profitable long-term investment strategies and avoid getting caught up emotionally in short-term market fluctuations.</div><div><br /><b><span style="font-size: medium;">Lesson 15: Don’t Follow The Herd</span></b><br /><br />Just because everyone else is doing something doesn’t mean it’s right for you. Avoid the herd mentality and make financial decisions based on your goals and values.</div><div><br /><b><span style="font-size: medium;">Lesson 16: The Value Of Simplicity</span></b><br /><br />Simple financial strategies are often the most effective. Avoid overly complicated investments or strategies that are difficult to understand.</div><div><b><br /><span style="font-size: medium;">Lesson 17: Make Peace With Risk</span></b><br /><br />Risk is a natural part of investing. Instead of avoiding it, learn to manage and accept it. Don’t let fear of risk prevent you from achieving your financial goals.</div><div><br /><b><span style="font-size: medium;">Lesson 18: Invest In Yourself</span></b><br /><br />Investing in yourself, whether it’s through education, personal development, or health, is one of the best investments you can make. The returns on self-investment can be substantial and long-lasting.</div><div><br /><b><span style="font-size: medium;">Lesson 19: Learn From Mistakes</span></b><br /><br />We all make mistakes, but the key is to learn from them. Analyze your financial mistakes and use them as a learning opportunity to make better decisions in the future.</div><div><br /><b><span style="font-size: medium;">Lesson 20: Stay Humble</span></b><br /><br />No matter how successful you become, always stay humble. Be grateful for what you have; remember, there’s always more to learn. Financial success should never come at the expense of your values or character.</div><div><br /><span style="font-size: medium;"><b>Conclusion</b></span><br /><br />Understanding the psychology of money is essential for achieving financial freedom and making intelligent financial decisions. The lessons from <a href="https://amzn.to/41TFYLX">“The Psychology of Money”</a> is powerful for anyone interested in personal finance and investing. Morgan Housel has an enjoyable writing style and provides valuable insights into how we think about money and how it can affect our lives. By recognizing our biases, avoiding unnecessary risks, staying disciplined, and focusing on our long-term goals, we can build wealth and achieve financial security. It’s important to remember that money is a means to an end, and that true wealth is measured by the freedom to live on our terms. With patience, discipline, and a willingness to learn, anyone can achieve financial success and build a secure future for themselves and their loved ones.</div><div>Source: www.newtraderu.com<br /><br /></div>Srirangan Kathiraveluhttp://www.blogger.com/profile/05582587451681053792noreply@blogger.com0tag:blogger.com,1999:blog-8080901532999179108.post-73754141994391258622023-02-18T00:30:00.001+05:302023-02-18T00:30:00.261+05:30Quote for the day"Wealth consists not in having great possessions, but in having few wants." - EpictetusSrirangan Kathiraveluhttp://www.blogger.com/profile/05582587451681053792noreply@blogger.com0tag:blogger.com,1999:blog-8080901532999179108.post-69509914347581295342023-02-17T22:57:00.001+05:302023-02-17T22:57:34.954+05:30Quote for the day<div>"Happiness is not found in living a safe and secure life, but in taking risks and facing challenges." - Diogenes</div>Srirangan Kathiraveluhttp://www.blogger.com/profile/05582587451681053792noreply@blogger.com0tag:blogger.com,1999:blog-8080901532999179108.post-88006516860886661862022-12-21T13:20:00.001+05:302022-12-21T13:20:59.985+05:3016 Habits of MindBy Steve Burns<br /><br />The 16 Habits of Mind are a framework for how to think and behave intelligently when problems are encountered and challenges are faced in life for learning and growing. These habits were discovered by the research of authors Costa and Kallick and primarily studied in educational environments. These habits were quantified by drawing on their research and experience in applying the habits of mind to achieve results in education but can be implemented in any area of life like business, sports, and family life. These mind habits are the keys to the mental behaviors for every step in making intelligent behavior a practical outcome in any situation or pursuit in life.<br /><br /><b><span style="font-size: large;">What are mind habits?</span></b><br /><br />Habits of Mind are repetitive thinking patterns that intelligent people use to solve problems they encounter. They use different mental models from their mental toolbox like logic, social intelligence, emotional intelligence, and experience. The best mental habits create heuristic shortcuts to allow smart people to act in effective ways when encountering difficult problems.<div><br /><b><span style="font-size: large;">What are the critical Habits of Mind?</span></b><br /><br />Below are the 16 Habits of Mind identified by Costa and Kallick in their book Learning and Leading with Habits of Mind: 16 Essential Characteristics for Success<br /><br /><span style="font-size: medium;"><b>1. Persistence</b></span><br /><br />Not giving up is a powerful habit as perseverance can overcome the obstacles of time and inexperience.<br /><br /></div><div><b><span style="font-size: medium;">2. Thoughtful communication</span></b><br /><br />Clear and precise communication and thinking can be life changing. The key to communication is making sure you know what your audience needs to hear to understand based on their own perspective. Most of the best communication is in the listening and then the focus on just saying the minimum needed to get your point across. Telling people what you need from them is also crucial. It’s a skill to think clearly using logic and reason and not letting your emotions, opinions, and ego cloud your thinking.</div><div><br /><b><span style="font-size: medium;">3. Managing impulsiveness</span></b><br /><br />The ability to say no to your own impulses and desires in the short-term to achieve more desired long-term goals is one of the most important mental habits for success in any area of life. Waiting, patience, and self-discipline can pay large future returns.</div><div><br /><span style="font-size: medium;"><b>4. Use all senses to gather data</b></span><br /><br />Complete observation is the process of using all of your five senses to gather all available information. This means allowing information into our brains from as many senses as possible and not just a few.<br /><br />Being mindful of all our sensory pathways can make us more open and alert to absorbing more information from a situation than those who don’t realize how to use their full senses. Studies are learning more about the impact of art and music on improved mental functioning. Forming clear mental images is essential in math and engineering. Other professional fields use a variety of senses to improve their work. The wider the perspective we can get in a situation from the most senses the more we will understand the different angles of a problem.<br /><br /><b><span style="font-size: medium;">5. Social Intelligence</span></b><br /><br />Listening with understanding and empathy is a form intelligence practiced in social settings. Social intelligence is a crucial mental habit that will open up networking and relationships to your life that can help exponentially in all areas of achievement and happiness in general.</div><div><br /><b><span style="font-size: medium;">6. Creativity</span></b><br /><br />Creating, imagining, and innovating is a mental edge as so many people just do what they’re told and manage what already exists for them. Creating new things is one of the most powerful mental habits you can develop.</div><div><br /><b><span style="font-size: medium;">7. Flexible thinking</span></b><br /><br />Thinking flexibly helps react to situations as they unfold and adapt to best take advantage of opportunities. A flexible thinker always adjusts to change and looks for the best new pathway for success.</div><div><br /><b><span style="font-size: medium;">8. Enthusiastic responses</span></b><br /><br />Responding with wonderment and awe makes people feel special and important. How we react to others sets their tone for how they feel about us and how willing they are to help us in anything we need.<br /><br /><b><span style="font-size: medium;">9. Metacognition</span></b><br /><br />Thinking about thinking is having the awareness and understanding of your own thought processes. Metacognition is the mental habit of knowing yourself, being mindful of your thoughts as they play out. It’s the practice of mindfulness or being aware of your own biases, strengths, and weaknesses. This is one of the most powerful mental habits as it gives you the higher perspective of self-awareness.<br /><br /></div><div><b><span style="font-size: medium;">10. Risk Management</span></b><br /><br />Taking responsible risks is a crucial mental habit to stay safe mentally, emotionally, and financially. It allows learning and growing to be safely done in the context of a risk management framework.<br /><b><span style="font-size: medium;"><br /></span></b></div><div><b><span style="font-size: medium;">11. Precision in action</span></b><br /><br />Striving for accuracy is a mental skill that helps focus effort, energy, and time for optimal results.<br /><br /></div><div><b><span style="font-size: medium;">12. Humor</span></b><br /><br />Finding humor is a mental skill for both stress reduction for yourself and others.<br /><br /></div><div><b><span style="font-size: medium;">13. Thinking in possibilities</span></b><br /><br />Questioning and posing problems helps see all possible outcomes both good and bad. This can help establish good risk/reward ratios and see the best and worst cash scenarios before committing to one path of action.</div><div><br /><b><span style="font-size: medium;">14. Seeing confluences</span></b><br /><br />Thinking interdependently on how things work together is the mental habit of seeing the big picture. This mental habit of seeing confluences can see underlying risks and unintended consequences as well as how to create big wins be combining things that are not obviously related.</div><div><br /><b><span style="font-size: medium;">15. Using experience</span></b><br /><br />Applying past knowledge to new situations. The mental habit of using experience for learning lessons and not making the same mistake multiple times. Using old lessons to solve new problems. Don’t work the same year over and over again, each new year of experience should see growth and improvement not repeating patterns of mistakes.</div><div><br /><b><span style="font-size: medium;">16. Life-long learner</span></b><br /><br />Remaining open to continuous learning is a crucial mental habit with the current rate of change in education, business, and technology. If you’re not learning and growing as an individual you are being left behind in a fast changing world.</div><div><br /></div><div><b><span style="font-size: large;">Why are the Habits of Mind important?</span></b><br /><br />Using the Habits of Mind allows people to continue to optimize positive experiences and overcome negative experiences and continue to learn even when needing to guess or making mistakes. When we use the Habits of Mind we can realize that when a mind is reaching for new information and making connections for problem solving we learn during the process of arriving at conclusions for what to do.<br /><br />The key to getting the maximum value from the Habits of the Mind is to make them your natural default thought filter through continuously using them in place of emotional reactions or letting ego interfere with the decision making process. Repetition is the key to developing habits.</div><div>Source: www.newtraderu.com</div>Srirangan Kathiraveluhttp://www.blogger.com/profile/05582587451681053792noreply@blogger.com0tag:blogger.com,1999:blog-8080901532999179108.post-50024476247889674412022-11-07T01:00:00.001+05:302022-11-07T01:00:00.263+05:30Quote for the day"The poor and the middle class work for money. The rich have money work for them." – Robert KiyosakiSrirangan Kathiraveluhttp://www.blogger.com/profile/05582587451681053792noreply@blogger.com0tag:blogger.com,1999:blog-8080901532999179108.post-7757959969272415972022-11-01T08:41:00.001+05:302022-11-01T08:41:00.223+05:30Quote for the day"Rule #1: You must know the difference between an asset and a liability, and buy assets. If you want to be rich, this is all you need to know. It is rule number one. It is the only rule. This may sound absurdly simple, but most people have no idea how profound this rule is. Most people struggle financially because they do not know the difference between an asset and a liability. “Rich people acquire assets. The poor and middle class acquire liabilities that they think are assets, “ said rich dad." – Robert KiyosakiSrirangan Kathiraveluhttp://www.blogger.com/profile/05582587451681053792noreply@blogger.com0tag:blogger.com,1999:blog-8080901532999179108.post-86049015591459931682022-10-24T00:30:00.001+05:302022-10-24T00:30:00.253+05:30Quote for the day"While enthusiasm may be necessary for great accomplishments elsewhere, on Wall Street it almost invariably leads to disaster." – Benjamin GrahamSrirangan Kathiraveluhttp://www.blogger.com/profile/05582587451681053792noreply@blogger.com0tag:blogger.com,1999:blog-8080901532999179108.post-4569858844673893572022-10-23T00:30:00.001+05:302022-10-23T00:30:00.269+05:30Quote for the day"Wealth is a person’s ability to survive so many number of days forward — or, if I stopped working today, how long could I survive?" – Robert KiyosakiSrirangan Kathiraveluhttp://www.blogger.com/profile/05582587451681053792noreply@blogger.com0tag:blogger.com,1999:blog-8080901532999179108.post-72154463778352442522022-10-17T00:30:00.002+05:302022-10-17T00:30:00.265+05:30Quote for the day"Abnormally good or abnormally bad conditions do not last forever." – Benjamin GrahamSrirangan Kathiraveluhttp://www.blogger.com/profile/05582587451681053792noreply@blogger.com0tag:blogger.com,1999:blog-8080901532999179108.post-12485273063541092002022-10-10T00:30:00.001+05:302022-10-10T00:30:00.272+05:30Quote for the day"You will be much more in control, if you realize how much you are not in control." – Benjamin GrahamSrirangan Kathiraveluhttp://www.blogger.com/profile/05582587451681053792noreply@blogger.com0tag:blogger.com,1999:blog-8080901532999179108.post-58657656432759919832022-10-07T15:45:00.001+05:302022-10-07T15:45:03.770+05:30The 20 Rules of Money<span style="font-size: medium;">There are rules for making money, losing money, holding on to money, and growing money. There are principles for practicing medicine or law and a framework of rules for success, the same applies to finance. There are strategies for winning at sports or in business and there are also ways to win at money.<br /><br />Here are a set of definitive principles governing the behavior of money.<br /><br /></span><div><b><span style="font-size: large;">1. Money is neutral</span></b><br /><br /><span style="font-size: medium;">Money is neither good nor bad, its user is what determines its value. Money just makes a person more of what they already are, greedy people become more greedy and generous people become more generous. The love of money can lead to greed but money itself has no emotions.</span></div><div><span style="font-size: medium;"><br /></span><b><span style="font-size: large;">2. If you hate money you will stay broke</span></b><br /><br /><span style="font-size: medium;">You will never have money if you think it’s bad or evil and hate it. People that think money is bad will immediately spend it as they will have the subconscious desire to get rid of what they think is bad. The love of money can lead to immoral behavior to get it but the hatred of money leads to wastefulness to get rid of it.</span></div><div><br /><b><span style="font-size: large;">3. Wealth is created through compounding</span></b><br /><br /><span style="font-size: medium;">The magic of becoming rich lies in the ability to compound growth in business or on capital. Things can grow exponentially when you compound returns on top of returns. This goes for investments or business growth. A 10% return on $100,000 is $10,000 but a 10% return on the new total amount of $110,000 is $11,000. This is money making money as the compounding is on the new total. Business sales and profits can grow the same way as a growth rate is compounded on the new business size.</span></div><div><br /><b><span style="font-size: large;">4. Money flows to those that know how to manage it</span></b></div><div><span style="font-size: medium;"><br /></span></div><div><span style="font-size: medium;">Money flows from those who don’t know how to manage it to those who do. Money flows from those who waste it to those who know how to grow it. Money flows from consumers to creators of value with products, services, and businesses. If you want to have money create things people will want to give you money for. Invest in businesses that grow. Buy assets that cash flow and go up in value not depreciating consumer goods.</span><br /><br /><span style="font-size: medium;"><span style="color: #2b00fe;">"The whole world is simply nothing more than a flow chart for capital."</span> – Paul Tudor Jones </span><br /><span style="font-size: medium;"><br /></span></div><div><b><span style="font-size: large;">5. Entries and Exits</span></b><br /><br /><span style="font-size: medium;">Money is made on the entry when you buy an asset at a great value based on its intrinsic value like a stock or real estate, you will almost always be able to sell it higher. However for speculative trades and flipping properties the money is only made at the exit when you find someone to buy it for a higher price and you can take your profits while they are still there. Timing is importance for making money. You must be right in price and in the time frame.</span></div><div><br /><b><span style="font-size: large;">6. Controlling Yourself</span></b><br /><br /><span style="font-size: medium;">Most of personal finance is not about math it’s about self-control. Investing can also be about controlling your fear and greed to make the right decisions. If you can’t control your own actions you will never be able to control your money.</span></div><div><span style="font-size: medium;"><br /></span><b><span style="font-size: large;">7. Risk/Reward Ratio</span></b><br /><br /><span style="font-size: medium;">The key to making money and building wealth is to always measure the possible risk and the potential reward in every financial decision you make. You want all your financial risks to be worth the reward. Limit the downside and optimize the upside in your financial life.</span><br /><span style="font-size: medium;"><br /></span></div><div><b><span style="font-size: large;">8. Spend money on value</span></b><br /><br /><span style="font-size: medium;">Spend money on only the things that are worth it and have the most value for you. Optimize your personal finances for value not frugality or being cheap. You can’t buy everything you want but you can buy the things that give you the best quality of life improvements. Spend your money wisely, don’t waste it. Focus on value.</span><br /><span style="font-size: medium;"><br /></span></div><div><b><span style="font-size: large;">9. Acquire cash flow not payments</span></b><br /><br /><span style="font-size: medium;">If you use debt then use it for cash flowing assets not consumer goods. Create or buy cash flowing assets that pay you instead of acquiring things with payments. Anything that pays you is a long-term asset, anything you pay a payment on is a short-term liability. Focus on assets.</span><br /><br /><b><span style="font-size: large;">10. Wealth Mindset</span></b><br /><br /><span style="font-size: medium;">Building wealth starts with the belief that it’s possible for you. Becoming rich also requires working hard and working smart to build a business or investment portfolio but that’s only possible with the right wealth psychology. The right mindset doesn’t guarantee wealth but the wrong mindset almost always causes failure to achieve it.</span></div><div><br /><b><span style="font-size: large;">11. Follow the Money</span></b><br /><br /><span style="font-size: medium;">When you are curious about why something is happening in business, entertainment, politics, religion, charities, or sports, always follow the money. Things are created and pushed for the goal of money in almost every situation you see. You can learn a lot from tracking the money back through the system from the end product.</span></div><div><br /><b><span style="font-size: large;">12. Model Financial Success</span></b><br /><span style="font-size: medium;"><br /></span></div><div><span style="font-size: medium;">If you want to be financially successful find someone who has accomplished the goals you seek and study them in detail. Look at both what they do and what they say. Find the principles of their financial success and create your own systematic process to achieve your own goals.</span><br /><br /><b><span style="font-size: large;">13. Design your own process for wealth building</span></b><br /><br /><span style="font-size: medium;">Create your own wealth building strategy that fits your own time frame, risk tolerance, monetary goals, beliefs, and personality. You must find what process works best for you to achieve your goals.</span></div><div><br /><b><span style="font-size: large;">14. Your friends and family can affect you finances</span></b><br /><br /><span style="font-size: medium;">Who you hang around with can have a huge impact on your personal finances as you can pick up their belief systems. It’s important to make friends that match your own mindset and have similar goals. It’s also crucial to read books and learn how others think about finances outside your own family. Expand your circle with like-minded people and expand your mind with books by people you want to be like.</span><br /><b><span style="font-size: large;"><br /></span></b></div><div><b><span style="font-size: large;">15. You are your most important investment</span></b><br /><br /><span style="font-size: medium;">Invest money in yourself. Your education, mental health, happiness, and physical health are your most important assets. Learning, growing, exercising, healthy eating, and your daily habits are where you should invest time and money for greater success in life overall. A healthy lifestyle is cheaper in the long-term than an unhealthy lifestyle.</span><br /><br /><span style="font-size: medium;"><span style="color: #2b00fe;">"You have only one mind and one body for the rest of your life,” Buffett says. “If you aren’t taking care of them when you’re young, it’s like leaving that car out in hailstorms and letting rust eat away at it."</span> – Warren Buffett </span><br /><br /><span style="font-size: medium;"><span style="color: #2b00fe;">"The most important investment you can make is in yourself."</span> – Warren Buffett </span><br /><span style="font-size: medium;"><br /></span></div><div><b><span style="font-size: large;">16. The power of leverage</span></b><br /><br /><span style="font-size: medium;">Wealth is created through leverage. Financial leverage comes from the loans of other people’s money. Investing leverage comes from margin and option contracts. Housing leverage comes from mortgages. Business leverage comes from controlling assets and having employees. Leverage increases returns on your original capital exponentially. Leverage is one of the biggest secrets of money that few know or understand.</span><br /><span style="font-size: medium;"><br /></span></div><div><b><span style="font-size: large;">17. Business Partnerships</span></b><br /><br /><span style="font-size: medium;">Almost all great businesses were built through a partnership of at least two people at the top. It generally takes two people to found and build a business. Even Steve Jobs teamed up with Steve Wozniak to build Apple at the beginning and Warren Buffett had Charlie Munger to help him scale Berkshire-Hathaway. Business partnerships help both sides exponentially benefit from each other’s strengths and overcome their own weaknesses.</span></div><div><br /><b><span style="font-size: large;">18. The Get Rich Quick Fallacy</span></b><br /><br /><span style="font-size: medium;">The fastest way to lose all your money and end up broke is to try to get rich quick with risky gambles. Greed leads people to lose money in the attempt to make the most they can in the shortest period of time. Money doesn’t work that way and there is no such thing as easy money, much less fast and easy big money. Even if people do get lucky enough to make a lot of money they don’t know how to manage it and just spend it all quickly as the majority of lottery winners find out as they end up broke. Only the people that build their wealth correctly end up keeping their wealth over the long-term.</span></div><div><b><span style="font-size: large;"><br />19. Risk Management</span></b><br /><br /><span style="font-size: medium;">Once you have money and assets your focus must be on keeping what you have. The first goal may be to get rich but the second goal must be to stay rich. It is crucial to manage your financial risk at all times. Always maintain adequate insurance on all of your assets. Never take risks so big that if they don’t work out they can ruin you financially. Never bet the farm for the chance to win a few more chickens.</span></div><div><br /><b><span style="font-size: large;">20. Perseverance until the financial goal is reached</span></b><br /><br /><span style="font-size: medium;">Most people don’t fail on their path to building wealth, the truth is most just give up and quit early. The best way to win the money game is simply to not quit. Setbacks should slow you down not make you give up. All financial success stories about people who won the money game have one thing in common, they never gave up on their financial goals.</span></div><div><span style="font-size: medium;">Source: www.newtraderu.com</span></div>Srirangan Kathiraveluhttp://www.blogger.com/profile/05582587451681053792noreply@blogger.com0tag:blogger.com,1999:blog-8080901532999179108.post-74927062203185557622022-10-03T00:30:00.001+05:302022-10-03T00:30:00.221+05:30Quote for the day"An investment operation is one which, upon thorough analysis, promises safety of principal and an adequate return. Operations not meeting these requirements are speculative." – Benjamin GrahamSrirangan Kathiraveluhttp://www.blogger.com/profile/05582587451681053792noreply@blogger.com0tag:blogger.com,1999:blog-8080901532999179108.post-20128902072373029702022-09-30T01:00:00.001+05:302022-09-30T01:00:00.245+05:30Quote for the day<div>"Workers work hard enough to not be fired, and owners pay just enough so that workers won’t quit." – Robert Kiyosaki</div>Srirangan Kathiraveluhttp://www.blogger.com/profile/05582587451681053792noreply@blogger.com0tag:blogger.com,1999:blog-8080901532999179108.post-81623275023381821792022-09-29T01:30:00.001+05:302022-09-29T01:30:00.249+05:30Quote for the day "Anything or anyone capable of angering you becomes your master." – EpictetusSrirangan Kathiraveluhttp://www.blogger.com/profile/05582587451681053792noreply@blogger.com0