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#it's really hard with everyone being busy/inactive so it's likely I get detached from everyone for now...
nimilla · 2 months
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4, 11, and 15 for aelf from that ask thing u rb’ed PLEEK 🙏🏼
Hiya, Bunny! 🌟 AELF, MY GENTLEMAN ELF!! 🤭
I haven't talked much about Aelfdene for a while now, especially now that I have made this new blog, haha. Here you go!
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🩵 Aelfdene Marsden 💚
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I had to draw him in his summer wear ^ Also, haha, don't mind how I wrote here. I don't want to use too many emojis here because it clutters my writing and I also still trying to seek a better format for writing since I'm lazy or too tired to draw most of the time, unfortunately. I also tried to be professional, hahahaha.
I hope the answers are good to go! 🙏🏼✨️ Enjoy! ^^
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"Does Aelfdene have a failed friendship or relationship he still thinks about?"
Aelfdene had some failed friendships back in his youth as he grew. And yes, while he has already moved on from that, there are still times when he thinks about his old friendships and a relationship that he could have gotten into if he realised it sooner...
But that thought eventually disappeared when he met his true life partner, though.
"What happened?"
Before he became who he is now, he was incredibly kind and naive. He was so good-natured that people often took advantage of him, even his own friends. When he finally realised that he was being used, he felt like he didn't belong anywhere.
"Is it an unresolved regret, or is there a chance for reconciliation?"
He regretted not being able to become mature sooner, but there might be a chance if his old friends have changed like him that he would like to have a reconciliation. However, that is something he doesn't see anymore now that he has moved on and that they are nowhere to be seen yet.
As for his possible past lover, it can be a possibility if she is still alive and that they meet again.
If fate decides to...
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"What does Aelfdene believe in? God(s)? Monsters? Love?"
Like anyone else (in the universe), he believes in God; Yoba! Being able to survive so many tragedies and almost death situations, proven by the scars and corruption he had on and in him, he believes Yoba has been protecting him. It was unexplainable, but he believed in Yoba.
He kills monsters, so it's unlikely that he believes in it, while for love, he never experienced it deep enough to believe in it... yet.
"Does he believe in the power of unbreakable bonds of friendship to overcome any obstacle? The ability of money to open any door?"
After his experience, there are two things that he despises the most: the 'power of unbreakable friendship' and the 'power of money.' He has learned to lose hope in people and never depend on them again due to the former, while the latter seems to be able to solve many human matters, but never brings much happiness to one's life. As a result, he does not believe in either.
"Or is he indifferent?"
Nope, he believes in Yoba, but not as much as Rousseau (another OC of mine that is paired with Alesia in the future, hehe) does.
(So, yeah, he believes in Yoba, but doesn't show much in public, unlike Alesia, who always wishes the Farmer well with "May Yoba guide you" dialogue.)
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"What places hold significant meaning or memories for Aelfdene?"
The first one would be his hometown, Mossgrove Village, Castle Village, and the ocean; the Gem Sea.
"Does Aelfdene have a positive or negative association with those places?"
Aelfdene has a special attachment to his hometown, Mossgrove Village. He spent most of his life there and has many fond memories of living and exploring the area. His family and true friends still reside there, and the moderate temperature suits him well. Regardless of how far he travels, he always returns to his beloved hometown.
Castle Village was the place where he spent his teenage and early adult years. His father sent him there to improve his skills in magic, combat, and weapons knowledge. However, it was also a place where he learned some harsh realities of life, including betrayal and deceit.
The Gem Sea, or the ocean in general, has an inexplicable positive impact on him. When he visits the beach and gazes out at the horizon, he feels a sense of peace that he can't achieve through meditation or other means. Even when his intrusive thoughts bother him, he can find solace at the beach.
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What It Mean To Be Entrepreneur
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The road to entrepreneurship is often a dangerous one filled with sudden detours, roadblocks and dead ends. There are lots of sleepless nights, plans which don't workout, funding that doesn't come through and clients which never materialize. It may be so challenging to establish a company it might make you wonder why anybody willingly lays out on such a path.
Yet despite these hardships, every year, tens of thousands of entrepreneurs embark on this trip determined to bring their vision to fruition and fulfill a need they see in society. They start brick-and-mortar companies, launching tech startups, or deliver a new service or product into the marketplace.
So what motivates entrepreneurs to go forth when a lot of others would run in another direction? Though each Individual's motivation is nuanced and unique, most entrepreneurs have been spurred on by one or more of these motivators:
Autonomy -- Entrepreneurs would like to be their own bosses, set their own objectives, control their own advancement and run their businesses how they see fit. They recognize that their business's success or failure rests with them, nevertheless they don't see this responsibility as a burden but, rather, as a mark of their freedom.
Purpose -- Many entrepreneurs have a clear vision of what they want to achieve and feel compelled to work tirelessly to make that occur. They genuinely think they have a product or service that fills a void and are compelled by a single-minded commitment to that aim to keep pushing ahead. They abhor stagnation and would rather fail while moving ahead than languish in inactivity.
Flexibility -- Not everyone fits into the rigidity of a traditional corporate culture. Teachers are often seeking to free themselves from these limitations, find a better work-life equilibrium, or work at times and in ways that may be unconventional. This does not mean they're working fewer hours -- oftentimes, especially in the early stages of developing a company, they're working more and harder -- but, rather, that they're working in a means that is natural and instinctual into them.
Financial achievement -- Most entrepreneurs recognize they aren't likely to be instantly billionaires, but it doesn't mean they are not at least a little bit seduced by the capacity of making a bunch of money. Some may want to set a financial safety net for themselves and their families, while some are wanting to generate a huge gain by creating the next big thing.
Legacy -- Entrepreneurs are usually guided by a desire to create something that outlasts them. A segment of this group is led by ego and a craving for notoriety. Other people wish to create a brand that has longevity and becomes an institution. Another group wants to pass on a source of income and safety to their heirs. There are also those entrepreneurs who aspire to make a lasting impression on the planet and leave behind an invention that improves people's lives in some concrete manner.
If you're contemplating an entrepreneurial venture, you must first identify which of the above mentioned motivators serve as your guiding force. Then consider whether you've got the specific character traits and characteristics that will enable you to flourish as a entrepreneur.
To help you figure out if you have got what it takes, here's what 25 company creators and business leaders advised Business News Daily about what they believe makes a really successful entrepreneur.
"Entrepreneurship is in the core of the American dream. It's about blazing new trails, about believing in yourself, your mission, and inspiring others to join you at the journey. What sets [entrepreneurs] apart is the will, guts and at times recklessness to really do it." [It is ] planning to do something much better than it's ever been achieved before and constantly pursuing improvement" -- Blake Hutchinson, CEO and small business pro at Flippa "Entrepreneurship is... that the continuous thirst for making matters better and also the idea that you're never satisfied with how things are." It is all about imagining new strategies to address problems and make value. Basically, entrepreneurship is all about... the capacity to comprehend [and] systematically examine [an] opportunity and, ultimately, to catch [its] value." -- Bruce Bachenheimer, clinical professor of management and executive manager of this Entrepreneurship Lab at Pace University "The most prosperous entrepreneurs are the people who have self explanatory . Grit consists of persistence, passion and resilience. It is the enthusiasm to achieve long-term goals, the courage to try again in the face of rejection, and the will to do anything better than it has been done previously. The most successful entrepreneurs tend to be gritty ones... they don't give up till they exceed their goals. Whenever the going gets rough and they get knocked down, gritty entrepreneurs bounce right back up and try again." -- Deborah Sweeney, CEO of MyCorporation "The ability to listen, whether it be into the opinions of consumers or employees, is also integral to success. While... you should have the confidence to make your own decisions, it's still incredibly important not to become detached from the individuals whose needs you are trying to meet." It's rarely obvious what to do , and you have to rely on your self a lot when you encounter problems. There are many times when you feel as if things will never work out and you are working at a loss for unlimited months. You've got to have the ability to stomach the roller coaster of feelings that includes striking out in your ." -- Amanda Austin, founder and president of Little Shop of Miniatures "To be a successful entrepreneur, you should have a passion for studying -- from clients, employees and even competitors." -- James Bedal, president and CEO of Bare Metal Standard "Entrepreneurship is, fundamentally, the art and science of constructing profitable systems to assist people in ways that other systems do not. The core competency of the entrepreneur is not business acumen or marketing ability but instead compassion -- the capability to comprehend the feelings and needs of others." -- Logan Allec, CPA and owner of Money Done Right
"Being a successful entrepreneur also entails being a good leader. Leadership is the ability to attract people to a location where they want to follow you, not feel as they are made to follow you. This takes investing in your team . They need to know you are not only going to hold them accountable and induce them to be better, but [you will] also watch out for them when they are struggling. It's not transactional, it is a relationship." -- Steve Schwab, founder and CEO of Casago "Entrepreneurship is the ability to comprehend that the bigger image, find where there is an opportunity to make a person's life better, design hypotheses about these chances and continuously test your assumptions. It's experimentation: Some experiments will work; many others will fail. It is not big exits, huge net value or living a life of glamour. It is hard work and persistence to leave the planet a much better place once your time here is done." An entrepreneur must understand who they are and exactly what they need. Self-awareness is the very first step for an entrepreneur to construct their team." -- Krystal Nelson, founder of I Impakt Consulting "[Entrepreneurs] have to be people-oriented. Your company will perish without a good team to back you up. Study management methods, learn from excellent leaders, [and] review where you are succeeding and failing so you can help others improve. An entrepreneur has to have the ability to construct a team who cares about its job, and to do that, you must care about how you create your team." Most successful businesspeople or entrepreneurs have never given up in their idea. When challenges arise, they've found innovative methods of overcoming them. You ought to have the ability to adapt to changing economic conditions, and innovate and embrace technological advances to keep your clients engaged. These things take determination and a strong focus on the end goal." It could be a company idea, but it could also be visiting the chances in the men and women who can assist you to develop that company. This capacity to see many choices in each circumstance is critically important; there'll be endless challenges that will examine your hustle." Attempting to develop a company or implement on an idea is not difficult. Sooner or later, you're likely to run into issues, lose customers and have financial constraints. It's at this stage you want to get back on the horse and take another risk, whether it's in the kind of a new solution, new marketing campaign or a new client recruitment strategy." -- Mathew Ross, co-founder and COO of Slumber Yard "Successful entrepreneurs appear beyond [the]'fast buck' and rather look at the bigger picture to ensure that each action made is moving toward the total aim of the company or concept, whether that implies getting something in return in the instant." -- Allen Dikker, founder and CEO of Potatopia "Being an entrepreneur is ingrained in one's individuality . [It] is the culmination of a certain set of characteristics: determination, creativity, the capacity to threat, leadership and excitement." [They're ] optimistic enough to believe in themselves, conscious enough to see problems around themstubborn enough to keep going, and daring enough to act again and again. Entrepreneurship is not something you do since you've got a notion. It's about with the imagination to questionthe strength to think and the courage to proceed ." --Jordan Fliegel, managing director of Techstars "You may have to also be a tiny contrarian. Occasionally it requires a man who believes differently than the herd to begin something new and resist the possibilities." -- Akshay (Asher) Khanna, creator of CareClinic "Entrepreneurship is seeing an opportunity and amassing the resources to turn into a possibility into a reality. It represents the freedom to envision something new and to make it happen. It includes risk, but in addition, it includes the benefit of developing a legacy." Everyone thinks they could accept failure till they come face-to-face with neglecting at a significant thing they have put their everything into. To be a successful entrepreneur, you have to be someone who is able to threat failure at the most unexpected personal levels." If something is not working, keeping at it will not make you powerful. But changing your strategy, changing your business model, shifting your plans to allow it to function is the ability of the pivot. You're adaptable regardless of what is thrown at you." -- Michael Maher, chief idea officer of Matters of the Cart "Entrepreneurship is about constantly moving ahead : never stopping, never allowing self-doubt or dread to take over, and believing wholeheartedly that a wrong decision is better than no decision." -- Adam Sherwin, founder of Viakix "Entrepreneurs are the dreamers and the visionaries. Society needs entrepreneurs the same manner the body needs air" -- Cynthia Kirkeby, founder and CVO of all Seasonally New
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sunshineweb · 6 years
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3 Iron Rules of Life and Investing
Value Investing Workshop in Hyderabad (Sunday, 7th Oct). Click here to register now. Few seats remain!
You seem to be stressed out today?” asked my Yoga teacher, a gentleman in his late fifties.
“Oh, not really!” I said.
“No, you look a bit stressed. Are you unwell?”
“Not at all. Just feeling a bit confused.”
“May I help?”
“Knowing you, I think you can.”
“Shoot!”
“You see, I have been a stock market investor for many years now, and now also don the role of a teacher trying to help people make saner and better investment decisions. But I am often faced with a dissonance.”
“And what’s that?”
“Well, while I teach people to behave sensibly with their money, be fearful when others are greedy and greedy when others are fearful, I personally realize how difficult it is to practice such sensibility when everyone else around you is walking in another direction. I mean, it’s so difficult to move against the crowd and do the inverse even when your mind says that’s the right thing to do.”
“Great that you realize that, Vishal. I mean most teachers believe that what they teach, if practiced with complete dedication by his or her students, will lead them to success. So every teaching is looked by the teacher and students as a gospel truth.”
“True. Even I think my teachings as a gospel truth while I am teaching, only to realize in the quiet that the reality might not be so. Every human behaves differently in different situations, especially when the situations change so drastically and so soon as in the stock market. So what I am teaching about good behaviour and good investing habits may not help most people because they may not be able to practice them when things get really funny out there, which they often do in the stock market.”
“Very true, Vishal. And thus I wish to leave you today with three iron rules I have practiced in my life and that have helped me stay happy and make better decisions, including my investment decisions.”
“And what are those iron rules?”
“Peace, detachment, acceptance.”
“Oh, that sounds spiritual.”
“Yes, it does. But my experience suggests that most good decisions in life are marked by peace, detachment and acceptance. And I am speaking from more than thirty years of experience.”
“I think I am getting what you are saying. My friend and fellow investor Shyam also told me this when I met him recently. He said that the biggest cause of all our problems as investors is that we are constantly looking, always acting. And he also told me that for most great investors, the masterly inaction they practiced had to do a lot with other activities that they did to keep themselves busy. It’s not inaction. It’s action outside of investing. There is so much action outside of investing – reading, understanding, and thinking. The intellectual pursuits basically dominated their work. That’ why investing could be left only when it was required. They had to do it only when it was needed. That’s detachment, right?”
“Yes, in one way. So what you just said is that if you want to make better investing decisions, it pays to make fewer decisions and rather spend more time not making decisions. That is detachment.”
“Yes, you simplified it further. Thanks!”
“You see Vishal, investing in the stock market is certainly risky. We know that truth, although sometimes we like to deny it and especially when we are teaching others. I am sure most investors like to believe they can enjoy stock market gains without losses. And that denial is what causes them stress and conflict. They feel disappointed when the harsh reality doesn’t align with their rosy expectations, and what they may have learned from teachers like you.”
“I completely agree with that, Sir.”
“And then such investors feel helpless, which further magnifies their disappointment. After all, most of what happens in the stock market is outside of our control. We can’t stop the market from falling and crashing, not can be call up companies or the stock market regulator or the central bank when our stocks tumble.”
“Ha ha, that’s right.”
“So I am sure, through my experiences in life, that investing peace comes from being at peace with the risk, accepting our lack of control and letting go of the outcome, whatever it may be.”
“Despite that the risk is real?”
“Yes, despite that. Many people will work tremendously hard to earn great returns from the stock market only to see them disappear into the thin air. And that’s okay. Investors should learn to relax. Because making and losing money is just the nature of investing, and often outside your control. So just do your work well, and then let it go.
“So what you are saying is exactly what Rudyard Kipling said that when you meet triumph or disaster, treat these imposters alike.”
“Exactly! Kipling described detachment with success or failure in those great words. And I think this should be the mantra for investors too. Investors must focus solely on the amount they invest each month and where they invest (in their control) rather than the performance of those investments (outside their control).”
“Sadly, most investors are only focused on returns that are outside their control, and not on doing their work of selecting good investments intelligently and with complete honesty, something within their control.”
“Right, Vishal. And that is why people end up with the compulsion of checking their stock portfolios again and again as if they control what they see in those portfolios.”
“I can vouch for that because I was once in that situation myself, that is, keeping track of my stock prices daily as if I controlled them. So Monday, when the stock prices started moving, was the best day of the week for me, and Friday, when the stock prices stopped moving, was the worst!”
“That is true for most investors, Vishal. But I have personally followed a very simple plan in my investment life, and it has worked wonders.”
“And what’s that?”
“It’s so simple that you may laugh at me.”
“No no, please share. I believe in simple plans.”
“So, first, try to earn and save more. Minimize your expenses without compromising your life or that of your family. Second, identify investments with risk levels you can tolerate. Like if you cannot withstand losing a bit of your money, please stay away from stocks. But if you are fine with the risk of losing some money in the short run in return of good wealth creation over the long run, choose good stocks and/or good mutual funds. Third, once you have chosen good investments, just get going with other more important things in life like family, work, and self-development…and let go of the outcome of your investments. Review your decisions once a year, but just to ensure that things are fine. And then, accept that whatever happens, happens. And that most of that won’t be in our control.”
“That’s a great process Sir. How I wish every investor can follow that.”
“Wait Vishal, I am not yet done. The fourth thing that I have done that has brought me a great amount of sanity is that I have never discussed my investments with anyone other than my wife, or mentor or a trusted fellow investor. Thank God we did not have social media in our days so we were not busy in ‘social media investing’ and that helped.”
“You have raised a very valid point, Sir. When you are talking about your investments publicly like on social media or stock forums, people would make a hero or zero out of you solely based on what your stock prices do. And more often, they would lead you to panic or over-excitement depending on how they are feeling that day.”
“True Vishal. And you should do neither, panic or get over-excited just because your stock prices are moving in a given direction. It’s so important to embrace detachment from the outcome. That is the only way you can be at peace, and make better, saner investment decisions…saner investment decisions….saner investment decisions.”
I heard an echo here, and then a tap on my head.
“Wake up Vishal!” I heard my wife. “It’s already 8 AM, and you missed your Yoga class.”
“Oh!” I said rubbing my eyes. “But I already did a wonderful Yoga session in my dream, so I am happy I missed my regular class today. You know what, today the class was different and I learned about practicing peace, detachment, and acceptance in my life.”
“Wait till you hear this,” said my wife. “Your son has broken the watch you gifted me recently.”
“Peace…detachment…acceptance!” I told my wife with a smile. “It was just a watch.”
The post 3 Iron Rules of Life and Investing appeared first on Safal Niveshak.
3 Iron Rules of Life and Investing published first on https://mbploans.tumblr.com/
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keaalu · 6 years
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Remember Me, chapter two
Title (chapter): Remember Me (02)
Series: Transformers, G1-based “Blue” AU
Rating: PG-13
Notes: In which we find out that what do you know, Ramjet’s trine aren’t a bunch of total incompetents, or at least not all the time.
               Today was apparently Slipstream’s turn to spark-sit.
               It hadn’t been, to start with – but Footloose had been called away at short notice to an emergency in the recycling plant on the edge of the district and pleaded his help. He didn’t mind giving his twin a hand, especially if it might lead to the opportunity to blackmail her later.
               Skydash might have been small, but that first-instar frame apparently had oversized tanks because she always had energy to spare. Keeping up with her was usually a collective affair. Only her dam Celerity seemed to be able to manage it on her own, and that was probably only because she was big enough for a cold-fusion core generator. (Slipstream tried not to be jealous of it.)
               Slipstream had collected his little cousin from Surefire, currently on spark-duty in the makeshift nursery in Celerity’s office, then joined up with a small group of close friends and family to take his mid-orn break in one of Deixar’s small new parks. It was greener than most Cybertronians were familiar with, but the trees weren’t just decorative – a small energy collector grafted onto each plant’s trunk fed power into the grid, or any tired machine that wanted to take advantage of it.
               After downloading the latest news to his wafer, the blue mech crashed out in the shade of a nice mature tree to read it while he charged. Longbeam and Whitesides sat together nearby, catching up on the gossip, sharing the remains of a bag of bright fulminating candies (probably swiped off Pulsar’s desk). Sunspot, one of Slipstream’s housemates, lounged full length nearby, chewing a stylus and preparing a playlist; the little yellow bike had almost offlined in shock at being invited to put something together for the Vosian celebrations, and had since spent at least ten orns solid doing nothing else.
               All the inactivity had left Skydash bored. Nobody was doing anything except talk and sit. She wanted to call “Unnolawp” and get him to take her flying, but her little transmitter didn’t have a good enough power output yet to reach him (she knew; she’d tried already) and Unnolseem wouldn’t call him for her.
               Unimpressed by having her family refuse to take her with them to New Vos, Skydash was busy trying to get to the tallest point on the small tree nearby, to see if it’d be tall enough for her to see all the way out there. Unfortunately the spindly trunk wasn’t really up to supporting her weight, and every time she got a fraction higher than halfway, it bowed almost all the way in half to dump her back on her small aft.
               So frustrating!
               She sprawled dramatically over her cousin’s lap, on top of his newssheet, scrolling through a dozen or so pages at once. “Unnolseem. Why Day not take?”
               Slipstream set his wafer to one side and flicked one of her tiny wing-nubs. “Didn’t we go through this two breems ago, Scraplet? Because he’s at work, and it’s a building site, and you’re still little and squish-able.”
               “Took before.”
               “He wasn’t at work before.”
               “But want see! Make fly!”
               “Footloose said she’d come and pick you up as soon as she was done with her latest trauma case, remember? Isn’t she good enough for going for a fly with?”
               Skydash thought about it for a few seconds. “Yes? Not Day.”
               “Ugh. Some people are never satisfied.”
               With an exaggerated roll of the optics, Slipstream rolled her out of his lap and tumbled her down the little slope; giggling, she finally fetched up against Longbeam. The tall femme peered down on her for a second before posting a candy into the small mouth that opened expectantly at her, like the gape of a baby bird.
               No wonder Dash kept them running most of the time. She was always getting topups.
               Slipstream stretched out more comfortably and flicked his way back to his place in the news. It surely wouldn’t have been that big a deal to take the little scrap off to Vos? It wasn’t like she often actually detached from Thundercracker’s shoulders when the big jet was looking after her.
               The sound of approaching jet engines shaded subtly into his awareness. Slipstream looked up from his wafer, curiously – of his family, no-one was due back in the region for ten breems, and no other airframes lived very close to Deixar.
               He couldn’t see anything, and sent out a broad-ranging positional request instead.
               …and got nothing.
               Uneasy, he stood up to get a better look around. Why would someone privacy lock their basic signal data? He dipped into a police channel instead, and turned it into an official request for an ident.
               Still nothing. Slag. He felt his pumps clicking subtly into a higher gear and defensive protocols coming online.
               Longbeam picked up on the use of the official cipher and looked up at him. “Problem, Seemo?”
               “You didn’t hear jets, just then?” At her nod, he added; “They’re not responding to my pings.” The sound of engines had disappeared; too abruptly to have just passed over. They must have landed.
               “You think they’re in trouble?” She stood and moved closer, lowering her voice.
               Something about the exact subharmonic frequency of the engine noise had upset his diagnostics in a very familiar way. “I think they are the trouble.”
               She straightened, subtly, suddenly anxious, and mouthed Decepticons? at him.
               “Not sure. Maybe?” He whispered the words back to her, even though he was aware that suddenly everyone was listening closely to him. “Might wanna get everyone out of the open, just in case.”
               “Good idea.” Longbeam crouched next to her sibling. “Whitesides? Might need you to run interference for me…”
               Slipstream turned his attention towards Thundercracker, out in New Vos. -sent anyone to Deixar?- he asked. -got company, no ident-
               No reply. Wait, no. Not no reply… his signal wasn’t even getting out. Something was jamming him-!
               At last, Slipstream realised Skydash was talking to him.
               “…Who they, unnol? Who coming?”
               Slag! Too close already!
               Slipstream turned, alarmed, and barely had the chance to register the large white body hurtling in his direction before he was impacted by a violent tackle that sent them both crashing into the vegetation. The poor tree didn’t stand a chance, exploding into matchsticks around them.
               The final impact with the ground destabilised all his gyroscopes and left him flat on his back, groaning. Ramjet!
               “You’re coming with us, short stuff,” he heard the jet snarl, over the disorienting echo of rebalancing audios. A big hand clamped down on his wrist and yanked him unceremoniously back to his feet. He promptly went all the way over and ended up on his hands and knees instead, almost falling on top of Whitesides.
               The smaller mech was already tensed into a subtle crouch, fingers curled into fists, looking like he was about to hurl himself into the fight; alarm flashed like cold fingers up the back of Slipstream’s helm. What the bike thought he’d actually achieve by joining the brawl, Slipstream had no idea; Ramjet must have out-massed him by three times his own weight, and was damn near impossible to incapacitate through brute force alone. The diminutive mech would get flattened in an instant.
               “No, run! Get helmmmf!” Slipstream managed to splutter, before an arm came around his throat and a big hand flattened over his mouth, hauling him backwards.
               Whitesides didn’t need telling twice. He folded up into his alt mode and was gone in a flash of dust towards the station. Sunspot high-tailed it in the exact opposite direction. Longbeam was already nowhere to be seen.
               Late to the party, his wingmates dithered on the pavement, not sure which one to chase.
               “Leave ‘em!” Ramjet snapped, struggling to wrangle the smaller mech. “Gimme a hand here, will you?”
               “But they’re gonna raise the alarm-!” Thrust protested.
               “Of course they are, Primus-! That’s the point! Leave them! The block on their comms won’t last long, we’ve gotta get back to the bridge before they can stop us getting through-”
               Using his captor’s momentary inattention, Slipstream got his feet back under himself and shoved backwards, hard. It toppled Ramjet past his centre of gravity, and both went sprawling with a crunch. The smaller mech threw himself away to one side, scrabbling for his footing.
               Ramjet secured a tenuous hold on one ankle and tripped their quarry over again. “So help me Primus, if you two frag this thing up-!”
               Stung into action, Thrust finally piled into the fray. Before the teleport could triangulate an escape route, he lunged and landed square on his back. “Well if you could try and keep a grip on the sparkling, that’d be real helpful.” Wrenching Slipstream’s arms back behind him, he hauled him right up off his feet – unintentionally giving their prey a platform to launch a kick that connected with Ramjet’s face with enough force to knock him clean onto his aft.
               Ramjet snarled and cursed; the kick had fractured his cheek. “He’s a slagging cop, for Primus sake, steal his pitfragged cuffs-! Dirge! The frag are you even doing?”
               The blue jet was barely paying attention, approaching the splintered ruins of the tree Ramjet had destroyed. “I think I see something-“
               “Dirge-! Primus, we don’t have time-! ”
               Dirge ignored him, focused on the shape he’d spotted. Rounding the mess of broken branches, he found something tall and white, trying to pick something up off the floor without drawing too much attention to itself.
               Their optics met and for an instant, they just stared at each other.
               Dirge’s lips drew back in an unhealthy smile.
               Longbeam exploded into action, apparently going to try and outpace him on foot, something small clutched in her arms. She barged into him with her shoulder as she passed, overbalancing him into the bushes, and was halfway up the street in seconds, apparently aiming for a narrow alleyway.
               “Oh please.” Dirge watched her run, amused, then revved his thrusters, creating that precise engine harmonic that put even his allies on edge.
               The bike made a little noise of alarm and stumbled, tripped against a kerb and fetched up on her hands and knees. The small bundle slipped from her arms and tumbled away across the pavement, disappearing into the alleyway.
               Dirge followed, at a more casual pace. “Running away? Nice. That’s one I haven’t seen in a while.”
               Longbeam was fast – already back on her feet, her small sidearm was in her hand, her arm swinging up to shoot – but Dirge was faster. He delivered a quick pulse from his cannon, instantly obliterating the weapon… and most of the hand holding it. The force of the blast spun her around and slammed her shoulder-first into the wall. She choked out a horrible half-sob of pain.
               Dirge ambled over, still purring that hideous fear-inducing sing-song. She scrambled backwards on her aft, away from him, injured arm clutched across her chassis and fans huffing out increasingly warm air. She whooped her siren, trying to threaten him away.
               “This almost makes up for not being allowed to shoot Starscream.” The blue jet dropped to one knee beside her, and flattened a palm over her mouth. “Tell Skywarp I said thanks, Squeaky,” he murmured, before pressing the emitter cone of one cannon into her midsection.
               She knew immediately what he was going to do and braced her feet against him, to try and kick his arm away, but the battle was hopelessly one-sided, over before it even started. The shot was underpowered, but tore all the way through her flank, shredding superstructure. She arched under his hands, screaming against his palm, thrashing against the unforgiving dirt. A sludge of energon and other fluids immediately began to puddle beneath her.
               “All right, that’s enough of that.” Keeping his hand flattened over her face, he gave her a single sharp shove, cracking the back of her head into the ground. Her siren died with a strangled squeak of pain. “Now, where did your little friend go?”
               Leaving his wingmates still trying to wrangle Slipstream, Dirge followed the signal into the alley, towards a little gap between dumpsters. A chilly, flickery blue light filled the space, leading him precisely where he needed to go.
               He crouched to find Skydash huddling into a corner, trying ineffectively to hide from him.
               Dirge picked the small body up in both hands, and held the sparkling at arm’s length; she turned her face away, frozen in fear by the subtle noise of his cycling thrusters. “My. You have been a busy mech, Skywarp. I’d have thought your two little pit-spawn were more than enough.”
               He re-emerged to an assortment of glares, and Thrust had his hands over his audio venting, as if that’d somehow help block out the sound. In spite of Dirge’s uncomfortable broadcast, they’d maintained the upper hand; with both his wrists and ankles finally cuffed, Slipstream had crumpled in the restraining arms, huffing softly in fright.
               “Do you have to do that?” Ramjet snapped.
               Dirge smirked. Yellow fingers had left three bright streaks of warpaint across his cheek. “Sorry. Only way I could catch it.” He lifted the sparkling with a hand around her neck, unable to help preening at his wingmates’ sudden looks of amazement.
               “Where in Pit did you find that?!”
               “I’ll tell you on the way.” Dirge tucked his small prisoner into his cockpit. “Didn’t you say we needed to get to the bridge before anyone could raise the alarm?”
----------
               In the recycling plant in Deixar West-13-B, Footloose straightened up bolt upright, promptly dropping the arm of the poor mech she was working on. “Seem?”
               The mech gave a shriek of pain and turned the air briefly blue, making her fellow paramedic jump and almost drop his other arm. Footloose ignored him; no-one capable of that many decibels could be too badly injured.
               Without any warning, her twin brother’s signal had just… vanished. As split sparks, they could almost always perceive each other’s presence in some way, and now there was just nothing. It either meant he was a seriously long way out of range, or had stopped transmitting, and neither was good. For a spark to stop transmitting? Yeah, that was some seriously bad slag.
               She lurched to her thrusters. “Sorry, Braze, I’ve got to go. This is our last patient, right?”
               Her fellow paramedic looked up at her, alarmed. “What’s happened?”
               “Seem’s gone right off the registry. I can’t see him any more. I’ve gotta chase this.” She shook her head. ”You can cope, yeah? Love you!”
               She kicked off and after barely an astro-second of flight, teleported out of view.
               Braze stared at the spot she’d occupied an instant previously, and wondered how bad the trouble was.
----------
               In the breems after the Coneheads had fled, Longbeam had somehow managed to regain her feet, heeling dramatically over on her injured side and trailing dirty purple footprints.
               After a small eternity, she finally staggered into the reception area of Deixar Central Station, still trailing a slimy mess of mixed fluids behind her, and collapsed against Whisper’s desk. She was dimly aware of the desk sergeant leaping from his chair and yelling for help, even as her legs lost their strength and she sagged to the floor, dragging energon-covered paperwork down with her.
               A confusing swirl of colleagues surrounded her, but she couldn’t pick anyone out of the mass, or even process the words being spoken, any more.
               “Decepticons,” she managed, before the light in her optics guttered and consciousness finally left her.
0 notes
sunshineweb · 6 years
Text
3 Iron Rules of Life and Investing
Value Investing Workshop in Hyderabad (Sunday, 7th Oct). Click here to register now. Few seats remain!
You seem to be stressed out today?” asked my Yoga teacher, a gentleman in his late fifties.
“Oh, not really!” I said.
“No, you look a bit stressed. Are you unwell?”
“Not at all. Just feeling a bit confused.”
“May I help?”
“Knowing you, I think you can.”
“Shoot!”
“You see, I have been a stock market investor for many years now, and now also don the role of a teacher trying to help people make saner and better investment decisions. But I am often faced with a dissonance.”
“And what’s that?”
“Well, while I teach people to behave sensibly with their money, be fearful when others are greedy and greedy when others are fearful, I personally realize how difficult it is to practice such sensibility when everyone else around you is walking in another direction. I mean, it’s so difficult to move against the crowd and do the inverse even when your mind says that’s the right thing to do.”
“Great that you realize that, Vishal. I mean most teachers believe that what they teach, if practiced with complete dedication by his or her students, will lead them to success. So every teaching is looked by the teacher and students as a gospel truth.”
“True. Even I think my teachings as a gospel truth while I am teaching, only to realize in the quiet that the reality might not be so. Every human behaves differently in different situations, especially when the situations change so drastically and so soon as in the stock market. So what I am teaching about good behaviour and good investing habits may not help most people because they may not be able to practice them when things get really funny out there, which they often do in the stock market.”
“Very true, Vishal. And thus I wish to leave you today with three iron rules I have practiced in my life and that have helped me stay happy and make better decisions, including my investment decisions.”
“And what are those iron rules?”
“Peace, detachment, acceptance.”
“Oh, that sounds spiritual.”
“Yes, it does. But my experience suggests that most good decisions in life are marked by peace, detachment and acceptance. And I am speaking from more than thirty years of experience.”
“I think I am getting what you are saying. My friend and fellow investor Shyam also told me this when I met him recently. He said that the biggest cause of all our problems as investors is that we are constantly looking, always acting. And he also told me that for most great investors, the masterly inaction they practiced had to do a lot with other activities that they did to keep themselves busy. It’s not inaction. It’s action outside of investing. There is so much action outside of investing – reading, understanding, and thinking. The intellectual pursuits basically dominated their work. That’ why investing could be left only when it was required. They had to do it only when it was needed. That’s detachment, right?”
“Yes, in one way. So what you just said is that if you want to make better investing decisions, it pays to make fewer decisions and rather spend more time not making decisions. That is detachment.”
“Yes, you simplified it further. Thanks!”
“You see Vishal, investing in the stock market is certainly risky. We know that truth, although sometimes we like to deny it and especially when we are teaching others. I am sure most investors like to believe they can enjoy stock market gains without losses. And that denial is what causes them stress and conflict. They feel disappointed when the harsh reality doesn’t align with their rosy expectations, and what they may have learned from teachers like you.”
“I completely agree with that, Sir.”
“And then such investors feel helpless, which further magnifies their disappointment. After all, most of what happens in the stock market is outside of our control. We can’t stop the market from falling and crashing, not can be call up companies or the stock market regulator or the central bank when our stocks tumble.”
“Ha ha, that’s right.”
“So I am sure, through my experiences in life, that investing peace comes from being at peace with the risk, accepting our lack of control and letting go of the outcome, whatever it may be.”
“Despite that the risk is real?”
“Yes, despite that. Many people will work tremendously hard to earn great returns from the stock market only to see them disappear into the thin air. And that’s okay. Investors should learn to relax. Because making and losing money is just the nature of investing, and often outside your control. So just do your work well, and then let it go.
“So what you are saying is exactly what Rudyard Kipling said that when you meet triumph or disaster, treat these imposters alike.”
“Exactly! Kipling described detachment with success or failure in those great words. And I think this should be the mantra for investors too. Investors must focus solely on the amount they invest each month and where they invest (in their control) rather than the performance of those investments (outside their control).”
“Sadly, most investors are only focused on returns that are outside their control, and not on doing their work of selecting good investments intelligently and with complete honesty, something within their control.”
“Right, Vishal. And that is why people end up with the compulsion of checking their stock portfolios again and again as if they control what they see in those portfolios.”
“I can vouch for that because I was once in that situation myself, that is, keeping track of my stock prices daily as if I controlled them. So Monday, when the stock prices started moving, was the best day of the week for me, and Friday, when the stock prices stopped moving, was the worst!”
“That is true for most investors, Vishal. But I have personally followed a very simple plan in my investment life, and it has worked wonders.”
“And what’s that?”
“It’s so simple that you may laugh at me.”
“No no, please share. I believe in simple plans.”
“So, first, try to earn and save more. Minimize your expenses without compromising your life or that of your family. Second, identify investments with risk levels you can tolerate. Like if you cannot withstand losing a bit of your money, please stay away from stocks. But if you are fine with the risk of losing some money in the short run in return of good wealth creation over the long run, choose good stocks and/or good mutual funds. Third, once you have chosen good investments, just get going with other more important things in life like family, work, and self-development…and let go of the outcome of your investments. Review your decisions once a year, but just to ensure that things are fine. And then, accept that whatever happens, happens. And that most of that won’t be in our control.”
“That’s a great process Sir. How I wish every investor can follow that.”
“Wait Vishal, I am not yet done. The fourth thing that I have done that has brought me a great amount of sanity is that I have never discussed my investments with anyone other than my wife, or mentor or a trusted fellow investor. Thank God we did not have social media in our days so we were not busy in ‘social media investing’ and that helped.”
“You have raised a very valid point, Sir. When you are talking about your investments publicly like on social media or stock forums, people would make a hero or zero out of you solely based on what your stock prices do. And more often, they would lead you to panic or over-excitement depending on how they are feeling that day.”
“True Vishal. And you should do neither, panic or get over-excited just because your stock prices are moving in a given direction. It’s so important to embrace detachment from the outcome. That is the only way you can be at peace, and make better, saner investment decisions…saner investment decisions….saner investment decisions.”
I heard an echo here, and then a tap on my head.
“Wake up Vishal!” I heard my wife. “It’s already 8 AM, and you missed your Yoga class.”
“Oh!” I said rubbing my eyes. “But I already did a wonderful Yoga session in my dream, so I am happy I missed my regular class today. You know what, today the class was different and I learned about practicing peace, detachment, and acceptance in my life.”
“Wait till you hear this,” said my wife. “Your son has broken the watch you gifted me recently.”
“Peace…detachment…acceptance!” I told my wife with a smile. “It was just a watch.”
The post 3 Iron Rules of Life and Investing appeared first on Safal Niveshak.
3 Iron Rules of Life and Investing published first on https://mbploans.tumblr.com/
0 notes
sunshineweb · 6 years
Text
3 Iron Rules of Life and Investing
Value Investing Workshop in Hyderabad (Sunday, 7th Oct). Click here to register now. Few seats remain!
You seem to be stressed out today?” asked my Yoga teacher, a gentleman in his late fifties.
“Oh, not really!” I said.
“No, you look a bit stressed. Are you unwell?”
“Not at all. Just feeling a bit confused.”
“May I help?”
“Knowing you, I think you can.”
“Shoot!”
“You see, I have been a stock market investor for many years now, and now also don the role of a teacher trying to help people make saner and better investment decisions. But I am often faced with a dissonance.”
“And what’s that?”
“Well, while I teach people to behave sensibly with their money, be fearful when others are greedy and greedy when others are fearful, I personally realize how difficult it is to practice such sensibility when everyone else around you is walking in another direction. I mean, it’s so difficult to move against the crowd and do the inverse even when your mind says that’s the right thing to do.”
“Great that you realize that, Vishal. I mean most teachers believe that what they teach, if practiced with complete dedication by his or her students, will lead them to success. So every teaching is looked by the teacher and students as a gospel truth.”
“True. Even I think my teachings as a gospel truth while I am teaching, only to realize in the quiet that the reality might not be so. Every human behaves differently in different situations, especially when the situations change so drastically and so soon as in the stock market. So what I am teaching about good behaviour and good investing habits may not help most people because they may not be able to practice them when things get really funny out there, which they often do in the stock market.”
“Very true, Vishal. And thus I wish to leave you today with three iron rules I have practiced in my life and that have helped me stay happy and make better decisions, including my investment decisions.”
“And what are those iron rules?”
“Peace, detachment, acceptance.”
“Oh, that sounds spiritual.”
“Yes, it does. But my experience suggests that most good decisions in life are marked by peace, detachment and acceptance. And I am speaking from more than thirty years of experience.”
“I think I am getting what you are saying. My friend and fellow investor Shyam also told me this when I met him recently. He said that the biggest cause of all our problems as investors is that we are constantly looking, always acting. And he also told me that for most great investors, the masterly inaction they practiced had to do a lot with other activities that they did to keep themselves busy. It’s not inaction. It’s action outside of investing. There is so much action outside of investing – reading, understanding, and thinking. The intellectual pursuits basically dominated their work. That’ why investing could be left only when it was required. They had to do it only when it was needed. That’s detachment, right?”
“Yes, in one way. So what you just said is that if you want to make better investing decisions, it pays to make fewer decisions and rather spend more time not making decisions. That is detachment.”
“Yes, you simplified it further. Thanks!”
“You see Vishal, investing in the stock market is certainly risky. We know that truth, although sometimes we like to deny it and especially when we are teaching others. I am sure most investors like to believe they can enjoy stock market gains without losses. And that denial is what causes them stress and conflict. They feel disappointed when the harsh reality doesn’t align with their rosy expectations, and what they may have learned from teachers like you.”
“I completely agree with that, Sir.”
“And then such investors feel helpless, which further magnifies their disappointment. After all, most of what happens in the stock market is outside of our control. We can’t stop the market from falling and crashing, not can be call up companies or the stock market regulator or the central bank when our stocks tumble.”
“Ha ha, that’s right.”
“So I am sure, through my experiences in life, that investing peace comes from being at peace with the risk, accepting our lack of control and letting go of the outcome, whatever it may be.”
“Despite that the risk is real?”
“Yes, despite that. Many people will work tremendously hard to earn great returns from the stock market only to see them disappear into the thin air. And that’s okay. Investors should learn to relax. Because making and losing money is just the nature of investing, and often outside your control. So just do your work well, and then let it go.
“So what you are saying is exactly what Rudyard Kipling said that when you meet triumph or disaster, treat these imposters alike.”
“Exactly! Kipling described detachment with success or failure in those great words. And I think this should be the mantra for investors too. Investors must focus solely on the amount they invest each month and where they invest (in their control) rather than the performance of those investments (outside their control).”
“Sadly, most investors are only focused on returns that are outside their control, and not on doing their work of selecting good investments intelligently and with complete honesty, something within their control.”
“Right, Vishal. And that is why people end up with the compulsion of checking their stock portfolios again and again as if they control what they see in those portfolios.”
“I can vouch for that because I was once in that situation myself, that is, keeping track of my stock prices daily as if I controlled them. So Monday, when the stock prices started moving, was the best day of the week for me, and Friday, when the stock prices stopped moving, was the worst!”
“That is true for most investors, Vishal. But I have personally followed a very simple plan in my investment life, and it has worked wonders.”
“And what’s that?”
“It’s so simple that you may laugh at me.”
“No no, please share. I believe in simple plans.”
“So, first, try to earn and save more. Minimize your expenses without compromising your life or that of your family. Second, identify investments with risk levels you can tolerate. Like if you cannot withstand losing a bit of your money, please stay away from stocks. But if you are fine with the risk of losing some money in the short run in return of good wealth creation over the long run, choose good stocks and/or good mutual funds. Third, once you have chosen good investments, just get going with other more important things in life like family, work, and self-development…and let go of the outcome of your investments. Review your decisions once a year, but just to ensure that things are fine. And then, accept that whatever happens, happens. And that most of that won’t be in our control.”
“That’s a great process Sir. How I wish every investor can follow that.”
“Wait Vishal, I am not yet done. The fourth thing that I have done that has brought me a great amount of sanity is that I have never discussed my investments with anyone other than my wife, or mentor or a trusted fellow investor. Thank God we did not have social media in our days so we were not busy in ‘social media investing’ and that helped.”
“You have raised a very valid point, Sir. When you are talking about your investments publicly like on social media or stock forums, people would make a hero or zero out of you solely based on what your stock prices do. And more often, they would lead you to panic or over-excitement depending on how they are feeling that day.”
“True Vishal. And you should do neither, panic or get over-excited just because your stock prices are moving in a given direction. It’s so important to embrace detachment from the outcome. That is the only way you can be at peace, and make better, saner investment decisions…saner investment decisions….saner investment decisions.”
I heard an echo here, and then a tap on my head.
“Wake up Vishal!” I heard my wife. “It’s already 8 AM, and you missed your Yoga class.”
“Oh!” I said rubbing my eyes. “But I already did a wonderful Yoga session in my dream, so I am happy I missed my regular class today. You know what, today the class was different and I learned about practicing peace, detachment, and acceptance in my life.”
“Wait till you hear this,” said my wife. “Your son has broken the watch you gifted me recently.”
“Peace…detachment…acceptance!” I told my wife with a smile. “It was just a watch.”
The post 3 Iron Rules of Life and Investing appeared first on Safal Niveshak.
3 Iron Rules of Life and Investing published first on https://mbploans.tumblr.com/
0 notes
sunshineweb · 6 years
Text
3 Iron Rules of Life and Investing
Value Investing Workshop in Hyderabad (Sunday, 7th Oct). Click here to register now. Few seats remain!
You seem to be stressed out today?” asked my Yoga teacher, a gentleman in his late fifties.
“Oh, not really!” I said.
“No, you look a bit stressed. Are you unwell?”
“Not at all. Just feeling a bit confused.”
“May I help?”
“Knowing you, I think you can.”
“Shoot!”
“You see, I have been a stock market investor for many years now, and now also don the role of a teacher trying to help people make saner and better investment decisions. But I am often faced with a dissonance.”
“And what’s that?”
“Well, while I teach people to behave sensibly with their money, be fearful when others are greedy and greedy when others are fearful, I personally realize how difficult it is to practice such sensibility when everyone else around you is walking in another direction. I mean, it’s so difficult to move against the crowd and do the inverse even when your mind says that’s the right thing to do.”
“Great that you realize that, Vishal. I mean most teachers believe that what they teach, if practiced with complete dedication by his or her students, will lead them to success. So every teaching is looked by the teacher and students as a gospel truth.”
“True. Even I think my teachings as a gospel truth while I am teaching, only to realize in the quiet that the reality might not be so. Every human behaves differently in different situations, especially when the situations change so drastically and so soon as in the stock market. So what I am teaching about good behaviour and good investing habits may not help most people because they may not be able to practice them when things get really funny out there, which they often do in the stock market.”
“Very true, Vishal. And thus I wish to leave you today with three iron rules I have practiced in my life and that have helped me stay happy and make better decisions, including my investment decisions.”
“And what are those iron rules?”
“Peace, detachment, acceptance.”
“Oh, that sounds spiritual.”
“Yes, it does. But my experience suggests that most good decisions in life are marked by peace, detachment and acceptance. And I am speaking from more than thirty years of experience.”
“I think I am getting what you are saying. My friend and fellow investor Shyam also told me this when I met him recently. He said that the biggest cause of all our problems as investors is that we are constantly looking, always acting. And he also told me that for most great investors, the masterly inaction they practiced had to do a lot with other activities that they did to keep themselves busy. It’s not inaction. It’s action outside of investing. There is so much action outside of investing – reading, understanding, and thinking. The intellectual pursuits basically dominated their work. That’ why investing could be left only when it was required. They had to do it only when it was needed. That’s detachment, right?”
“Yes, in one way. So what you just said is that if you want to make better investing decisions, it pays to make fewer decisions and rather spend more time not making decisions. That is detachment.”
“Yes, you simplified it further. Thanks!”
“You see Vishal, investing in the stock market is certainly risky. We know that truth, although sometimes we like to deny it and especially when we are teaching others. I am sure most investors like to believe they can enjoy stock market gains without losses. And that denial is what causes them stress and conflict. They feel disappointed when the harsh reality doesn’t align with their rosy expectations, and what they may have learned from teachers like you.”
“I completely agree with that, Sir.”
“And then such investors feel helpless, which further magnifies their disappointment. After all, most of what happens in the stock market is outside of our control. We can’t stop the market from falling and crashing, not can be call up companies or the stock market regulator or the central bank when our stocks tumble.”
“Ha ha, that’s right.”
“So I am sure, through my experiences in life, that investing peace comes from being at peace with the risk, accepting our lack of control and letting go of the outcome, whatever it may be.”
“Despite that the risk is real?”
“Yes, despite that. Many people will work tremendously hard to earn great returns from the stock market only to see them disappear into the thin air. And that’s okay. Investors should learn to relax. Because making and losing money is just the nature of investing, and often outside your control. So just do your work well, and then let it go.
“So what you are saying is exactly what Rudyard Kipling said that when you meet triumph or disaster, treat these imposters alike.”
“Exactly! Kipling described detachment with success or failure in those great words. And I think this should be the mantra for investors too. Investors must focus solely on the amount they invest each month and where they invest (in their control) rather than the performance of those investments (outside their control).”
“Sadly, most investors are only focused on returns that are outside their control, and not on doing their work of selecting good investments intelligently and with complete honesty, something within their control.”
“Right, Vishal. And that is why people end up with the compulsion of checking their stock portfolios again and again as if they control what they see in those portfolios.”
“I can vouch for that because I was once in that situation myself, that is, keeping track of my stock prices daily as if I controlled them. So Monday, when the stock prices started moving, was the best day of the week for me, and Friday, when the stock prices stopped moving, was the worst!”
“That is true for most investors, Vishal. But I have personally followed a very simple plan in my investment life, and it has worked wonders.”
“And what’s that?”
“It’s so simple that you may laugh at me.”
“No no, please share. I believe in simple plans.”
“So, first, try to earn and save more. Minimize your expenses without compromising your life or that of your family. Second, identify investments with risk levels you can tolerate. Like if you cannot withstand losing a bit of your money, please stay away from stocks. But if you are fine with the risk of losing some money in the short run in return of good wealth creation over the long run, choose good stocks and/or good mutual funds. Third, once you have chosen good investments, just get going with other more important things in life like family, work, and self-development…and let go of the outcome of your investments. Review your decisions once a year, but just to ensure that things are fine. And then, accept that whatever happens, happens. And that most of that won’t be in our control.”
“That’s a great process Sir. How I wish every investor can follow that.”
“Wait Vishal, I am not yet done. The fourth thing that I have done that has brought me a great amount of sanity is that I have never discussed my investments with anyone other than my wife, or mentor or a trusted fellow investor. Thank God we did not have social media in our days so we were not busy in ‘social media investing’ and that helped.”
“You have raised a very valid point, Sir. When you are talking about your investments publicly like on social media or stock forums, people would make a hero or zero out of you solely based on what your stock prices do. And more often, they would lead you to panic or over-excitement depending on how they are feeling that day.”
“True Vishal. And you should do neither, panic or get over-excited just because your stock prices are moving in a given direction. It’s so important to embrace detachment from the outcome. That is the only way you can be at peace, and make better, saner investment decisions…saner investment decisions….saner investment decisions.”
I heard an echo here, and then a tap on my head.
“Wake up Vishal!” I heard my wife. “It’s already 8 AM, and you missed your Yoga class.”
“Oh!” I said rubbing my eyes. “But I already did a wonderful Yoga session in my dream, so I am happy I missed my regular class today. You know what, today the class was different and I learned about practicing peace, detachment, and acceptance in my life.”
“Wait till you hear this,” said my wife. “Your son has broken the watch you gifted me recently.”
“Peace…detachment…acceptance!” I told my wife with a smile. “It was just a watch.”
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