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So many myths busted by data:
1. In the long term, equity is the best asset class
2. Gold can only be a hedge
3. If you are young, invest only in Equity....
Can continue adding!
I must say, this has also been a huge unlearning for me too!
Hence... #assetallocation
Which areas of your pyramid feel strong and grounded? Which areas have been neglected? Find ways to embrace each core aspect of emotional agility on a regular basis.
Urging people to be positive doesn’t boost their resilience. It denies their reality.
When times are tough, we don’t need good vibes only. We need a hand to keep us steady through all the vibrations.
Strength doesn’t come from forced smiles. It comes from feeling supported.…
I believe the best way to think about niche marketing is this: Find a problem you are interested in solving and people who need help solving it.
Step-by-step niche marketing:
1- Find a niche (occupation-based niches work best).
What is a problem you’re interested in solving?…
I've spent countless hours of my life talking with people all over the world about money.
During these conversations, one theme comes up again and again.
Anxiety.
Almost everybody has an idea of what the financial life of their dreams would look like.
Almost nobody has a plan…
This is why I don't fear financial planners ever being replaced by robots. The software can give you the right answers, but it takes a conversation with a financial planner to ask the right questions.
At the top of the market, we can’t buy fast enough.
At the bottom, we can’t sell fast enough.
And we repeat that over and over until we’re broke.
No wonder most people are unsatisfied with their investing experience.
It makes far more sense to ignore what the crowd is doing…
Interesting fact:
In 1998, the average market cap of a large cap (top 100 company) was ~3000 cr.
Today, the average market cap of a small cap is ~12000 cr.
What we thought of as large mid and small have changed in colour and size, and opportunities now exist across the…
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