Put your hand on your heart and ask yourself till date how much did you earn in stock market and have deposited that profit in your Bank Account and actually used that profit on you and your family or for some other reason best known to you.... hahaha.... anyways jokes apart....
There are 2 Types of Investors...
1.... Wise and Smart Investors
2.... Fool Investors
The Ratio is very dismal betWEen These two types of Investors....
Wise and Smart Investors percentage in Stock Market is only 2%...
Fool Investors percentage in Stock Market is almost 98%...
Well you can argue about the figures but the main point I like to highlight that we all fall in the category of 98% and we are the ones who lose money to the rest 2% of the people who are more wise and Smarter than us.... But because of our over confidence bias we will not accept the fact that we fall in the 98% category of the investors...and believe that we can definitely and easily beat the other 2% of the Investors.... The Battle is between the 98% and the 2% of the Investors.... Because ultimately and Finally Because of our stupid thinking and Strong Emotions our Wealth goes to these 2% Smart Investors....
So be sensible when Investing your hard earned money and try to be on the 2% category of Investors even though your returns are little less because atleast your principal Money is Protected....
I might be wrong about my perspective and understanding so please take the advice of your financial planner....
There are 2 Types of Investors...
1.... Wise and Smart Investors
2.... Fool Investors
The Ratio is very dismal betWEen These two types of Investors....
Wise and Smart Investors percentage in Stock Market is only 2%...
Fool Investors percentage in Stock Market is almost 98%...
Well you can argue about the figures but the main point I like to highlight that we all fall in the category of 98% and we are the ones who lose money to the rest 2% of the people who are more wise and Smarter than us.... But because of our over confidence bias we will not accept the fact that we fall in the 98% category of the investors...and believe that we can definitely and easily beat the other 2% of the Investors.... The Battle is between the 98% and the 2% of the Investors.... Because ultimately and Finally Because of our stupid thinking and Strong Emotions our Wealth goes to these 2% Smart Investors....
So be sensible when Investing your hard earned money and try to be on the 2% category of Investors even though your returns are little less because atleast your principal Money is Protected....
I might be wrong about my perspective and understanding so please take the advice of your financial planner....
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