“You miss 100 percent of the shots you don't take." Wayne Gretzky, NHL Hall of Famer Markets are down by over 8% from their peaks. Many reasons can be attributed to that like geo-political & economical concerns, domestic political/social events, inflation, interest rates, weather etc. Are these concerns over or are they deepening further. Honestly no one can answer this question, you can only guesstimate them based on your experience and understanding. Israel has retaliated to Iran’s attack, how is Iran going to reply this? How the US economic policies will shape up after elections that are just a couple of weeks away. Domestically too train incidents over last couple of months and bomb hoax in flights over two weeks now, rising insurgency post J&K elections, bomb explosion in Delhi this week definitely concerns us. And kind of political slugfest we are witnessing now-a-days, don’t comfort us of a good future at times. FIIs also withdrew 1.07 lakhs crores ove
Lord Ganesha – the Vighnaharta or “destroyer of all obstacles that come our way”, is source of so much wisdom and power that we begin all our auspicious work only after worshipping him. Each year we indulge in 10 days extravaganza to commemorate his birth. On the day of Vinayaka Chaturthi, we bring Ganapati to our home and worship it daily for next 10 days and immerse it on the day of Anant Chatudashi in holy waters. This is a usual process that devotees of Ganesha follow every year. Does this have any resemblance to what we do to our investments? Let’s seek guidance from the Lord of Wisdom himself. This whole process involves three sub-processes – Sthapana – placing the Ganesha’s idol, worshipping it for ten days and then Visarjana – immersing it on completion of the period. Sthapana – It is akin to construction of your investment portfolio. We select a statue, cloths and accessories etc. having an image in our minds as how our God should look like (goal). Similarly we work on d