Tuesday, September 28, 2010

How to be happy in life !

We have four important assets to enjoy our life. Time, Money, People and Health.We exercise different influences over each of them. Today I shall discuss similarities between Time and Money.

Time can not be stored but Money can be.Time moves in only forward direction but Money can move back and forth. Time can not be created but Money can be. Since Time can not be replenished it is imperative that we control the quality of our Time. Neither Time nor Money management is taught to us in our growing up days. We attach less value to our Time and more value to our Money, generally speaking. This is so because we have not understood how to value our Time. Secondly even though we value our Money we are not taught how to deploy it effectively. Money must work most efficiently for us and grow large enough to sustain us for our lifetime. Most of us know how to chase Money, generate large income but very few of us know how to convert Money into a great appreciating asset.Do remember that Money is a Poor Master but an Excellent Servant.Stock market is the place where we can convert Money into a precious asset.So we must know where,when,how and how long to deploy our funds so as to achieve Financial Freedom at the earliest. This is one learning that would greatly add to our quality of life. Unfortunately this learning is available to very few. Hence most investors entering stock markets lose money to these wise men.

Time well spent in learning the ropes of sound investing techniques will go a long way in achieving Financial Freedom. Charts, TA are our footsteps towards that goal. Dedication, patience, passion, self discipline are certain essential qualities to become a wise investor.

rgds
Vibhas

2 comments:

Irfan said...

hi good evening sir thanks to god for giving me such opportunity to have teacher like u i want to enter in share market kindly advise me how to start it i m attending ur class but i want more what can i do i foloing ur chart anylisis but found some difficulties will tell u later thanks again good night have sweet dream irfan

Vibhas Pande said...

Thank you Irfan, for your compliments.

1. Learn to read charts. Use this blog to educate yourself.
2. Trade/invest only in bluechip stocks with atleast one year horizon.
3. Please do not listen to any tips. Do your own study and take decisions.

rgds
Vibhas

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Investments in stock markets is risky. Information and advice is based on technical analysis and is provided without any liability (financial or otherwise).

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