Psychological ways to look at Equity Investing
I have always felt that Equity Investing is a Journey which give goosebumps . Its like you are in casino with chips chances of you keep on playing the rounds are much higher till night last .
Idea of creating wealth is also to enjoy the wealth you.create for comforts / luxuary . I feel it is very difficult for most people to sell equity to say buy a nice car or spend money on things they love .
The love was compounding stops the notion of spending . Eventually creating a second source of income through Dividends / bonds / swp / real estate / f.d helps to enjoy a static income.every month which gives a good cashflow .
This stage is once you have decent enough corpus to compound are done with or provided for responsibility ( education.goal or home.goal ) post which a certain corpus towards income.creation is how i would look to diversify .
ROL ( Retun on Life ) should be top priority .
ROI will anyways take place
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