- In Life or while Investing – knowing, what NOT to do is far more important than what TO do
- What goes up rapidly, mostly comes down with double the gravitational force
- What happens in the long run has nothing to do with what happens in the short / medium term
- 2 Upward days in markets (equity) covers up for 7 downward days ??
But the reality of equity is also…
7 years of CAGR can be destroyed in under 7 weeks or lesser
If we’re not ready for the latter, we can’t participate in the former
- One year’s FD rate = One day’s Market return
Beware….there will be many days where it’ll be the reverse too ?