Equity, Sales, Golf, Chess – things about many books are written..and NEVER been mastered by anybody! Nobody can claim to be a master in these 4 things. You can be very good, great, super – but not invincible. I believe this is true in case of Bridge too, but I do not know. Don’t play it.

So some more of my learning….like so many in the past..

1. Even if you had bought shares on the WORST day every week every week from 1979 till 2019…you would have made an awesome return. N is more important than r in the Compounding Formula. What you require is patience. Not timing.
2. Investing requires a reasonable understanding of risk, patience, math, and willingness to sit doing NOTHING for real long periods of time.
3. What would have happened if you had invested one day before the Satyam scandal hit the market? Well not much especially if you had invested in a portfolio and had held it till TODAY.
4. Whatever you lose by way of depreciation, you are getting something called “dividend” which reduces the impact of the fall. TRI should be at least at 50k now while the regular plans would be less than that because of the costs involved. For example, if the stock market falls in value by 20% over a 12-month period and the dividend yield of the market is 4%, then the loss of accumulation index is 20% – 4% = -16%.

All this is theory. You should be asking yourself the following questions:

1. Would have I stayed put in the whole journey or worried like shit about falling equity returns, would I have sold, would have I stopped the sip, etc.?
2. Would I have read a lots of shit and panicked about my portfolio?
3. If I had sold would have I got back into the market?
4. Would I have sold the shares to buy Real estate?
5. If I wanted to get in…whom would have I asked about timing?
6. Would have I listened to the person who gave the advice or did my own stuff?
7. Would have I shuffled the portfolio – just on a hunch?