Many times, people ask how much money can they make in the stock market in the next year. They have high expectations and everyone has Warren Buffett in mind. However, it’s like asking when you join a gym, how much weight will you lose in the next 6 months. Or say you join Tennis, and you already have a state or national tournament in mind.
You are contemplating getting quick returns on investments done v/s low risk-bearing investments, which yield a fixed but very low return on investments. If you carefully notice, the higher purpose of both options is to gain a return.
One should realize that the journey is important and not the destination. The end is just a means to an end. On achieving a specific outcome, you may tend to lose the entire motivation of starting it all over again for the next destination or may set new unreasonable targets to be achieved, and so on..
While you are on your journey, you will be consistently taking feedback from your failures, and keep working on the same unlike reaching a destination, which leaves no scope for improvement.
If you are on the journey of investing you will benefit through better returns, better financial management, etc. Similarly, as you will benefit by improving overall fitness by going to the gym or taking up a sport. The destination such as 20% returns or 10 kg weight loss or winning a tournament is incidental. There will always be someone better in the race, however, you have already won the race just because you have taken part in it!
Investing is similar to a Yoga practice. Just getting on to it consistently, is the only formula of success. It’s important to just start.
What is a better stock market investment plan, to start or delay?
Filling up that Gym enrolment form and payment of subscription fees is just not enough, it’s equally important to visit the Gym and exercise consistently and enjoy the journey of fitness and be healthy, fit, and fine. You can see your transformation happening, you will feel the new you being noticed by everyone, and you can think about the various ways in which the Gym journey is helping you throughout, instead of just focusing on one specific outcome. Losing 10 kgs, wearing new stylish clothes, impressing someone with your fitness, and not suffering from any ailments, is incidental. It will anyways happen once you are consistent at Gym training.
Similarly, in any sport, you consistently keep preparing for at least a decade before you start hitting national and international tournaments. Your everyday routine of disciplined eating, fitness, training, family life, and school-college-office commitments, is a part and parcel of your wheel of life, and all this becomes a habit for you during the journey of your preparations.
Your participation in the tournament is just another day with all your learnings and experience built up for the past so many years of your practice. Even if your opponent is better off than you and even if he/she may win the match, you have won, because you have made it to the tournament which many just dreams of, you have won because people know you more than anyone else, you have won because you are much more disciplined than you yourself might have thought. So, you have won the journey, if not the destination.
Change in belief to get Return on Investment in stock market
Actions and behaviors lead to results. Limited actions will produce limited results. Better actions will yield better results.
If you are dissatisfied with not getting fixed income from stock investments(results) –
• evaluate the actions you’ve been taking-Have you started your journey of investing in stock markets?
• then delve deeper into what potential you’ve been tapping into- Do you yourself have the capability to invest in the stock market?
• and then ask yourself
o “What beliefs would I have needed to tap into such little potential?”- Do I need to change my belief of self-investing to finding an investment partner?
o “How long am I willing to hold on to those old beliefs of either not starting stock investments or trying to self-invest or just seeing some Youtube videos and reading some blogs to get a sense of investing without actually investing?”
o “What beliefs would I need in order to produce the results that I want in my life?”- Only an investment partner, who is experienced, knowledgeable, skilled, passionate, and capable of handling and managing my fund will help me get started into taking action in my journey of stock investments.
People who are tremendously successful focus on beliefs and actions. People who are not being so successful are focusing on potential and results.
Success Formula
Focus your energy on your beliefs and your actions, your potential and results will take care of themselves.
Develop a powerful set of beliefs to set that ball of success in motion and focus on the journey and not the destination.
It’s your turn now to comment below and let me know your thoughts on investment in share market.
When you are ready to invest, do connect with me at [email protected]
Cheers,
Fund Manager Akalp Gupta,
Founder at StockInvest2Grow.com