Tag Archives: #Family

2050?

Posted on by
Reply

Yes.

Why?

Why what?

Why 2050?

Growth trajectory.

Whose?

India’s.

What about it?

Spurts with bottlenecks. Not linear.

So?

Will take 2050 till fruition.

Meaning, for you?

Quest for multibagger accumulation will be successfully achieved.

By 2050?

Yeah.

Anything else?

My own trajectory.

Will you be around?

Not relevant.

Why?

I’ll leave the assets as my legacy.

To whom?

Family. Country. Charity.

Striving and then leaving it?

Doesn’t cause me any reaction.

Why?

It’s cost-free.

Meaning?

My principal is not invested. Pulled it out in profit. What remains in the markets is cost-free. I live and enjoy my life on my income, simultaneously creating a cost-free legacy. The cost-free-ness tricks my mind into an eternal hold. I stop jumping. Vicissitudes of price path have no meaning for me once something has become cost-free.

And why stop in 2050?

Growth culmination. India enters first-world territory. It becomes difficult to create multiples fast. Life is far more efficient, and so is price, then. Loopholes are filled in by artificial intelligence before an EoD chap like me can react. Info-flow is so fast and transparent, that everybody knows. Everyone is smart because they use the appropriate tools. Since all money is smart, there’s no edge anymore. But that’s 2050. Today, oh, there are edges. Inefficiency lasting longer than EoD. Sometimes lasting months. Loopholes. Pattern related. Operator related. Price related. AI is not fully there yet. Most market players are not smart, I think the official statistic reads 88%. Almost all tools look at the wrong stuff. By the time one reacts to indicators, which are a function of price, most of the edge is gone. Information-flow is not fast enough, and if you can read it in the numbers or the chart before it happens, the edge is huge. And, forget about transparency. It’s just not there. We’re sitting of big edges currently.

So, 2050, stop, and then what?

No idea. Let’s go with the flow. Right now the flow is leading up to 2050.

And what if there are world-shattering events before that?

We buy. We are almost always highly liquid. When we’re not, we start creating liquidity. We are never illiquid. 2050 is just a number. We have numbers to go on, like lamp-posts. It’s another lamp-post, like 1984, or Y2k, or what have you.

Do you want to be the person remembered for 2050?

That’s not even a question for me. I’m flowing with 2050 because that works for me. I don’t care about the rest. If you wish to think with that mindset, that’s on you.

Why rude?

Nothing rude or not rude about it. 2050 is part of my framework. Nothing more, nothing less.

I see.

Holding the Line

Posted on by
Reply

Your systems are in place.

They’re implemented. 

Basics are going. Life basics. Family basics.

Then you’ve got your income basics. They’re safe. They generate income. This income goes towards comfortable upkeep of your family. Some of it is saved. 

Your investment portfolios are firing. Savings have built these up. You don’t touch these, but keep adding to them upon opportunity. 

You’ve just finished implementing all your trading systems. 

Some of these are on auto-pilot. 

The other ones demand a little of your time each day. 

They keep you sharp and all there. 

Nothing much. 

Just fifteen to twenty minutes each. 

Skin off your teeth. 

You tackle them with your bed-tea. 

In other words, you are set as far as being income plus plus plus. 

Good. 

Now what?

Now you need to hold the line. 

What does that mean?

It means everything. 

It means no blow-ups…

…no crazy decisions that impact folios and family…

…basically nothing insane coming from you that will threaten your hard-earned situation or worse. 

Holding the line means making sure basics stay intact…

…folios keep growing…

…and new systems keep developing that add to these. 

It’s really that simple. 

When you hold the line, your next step either maintains status quo or adds to you. Preferably, it adds to you.

However, the simpler something is, the more difficult it is to follow. 

What are the demons that can slay you?

Over-confidence.

Over-ambition.

Hubris.

Greed.

Showmanship. 

Debt.

One-up-on-the-Joneses-ideology. 

This stuff looks pretty harmless at first, but is enough to give rise to cracks. 

Cracks grow… 

…till you’ve either come back to your senses and filled and sealed them…

…or till they’ve destroyed you right down to beyond your basics. 

Yeah, a full blow-up is never really far away, once cracks start to appear. 

Therefore…

…while holding the line…

… you keep reminding yourself about what you’re doing…

…why you’re doing it…

…and that you’re never going to blow up, come what may…

…and that you’re going to keep holding the line, come what may…

…and that your next step is always going to add to you.

Happy Holding!

🙂

The Art of Addressing

Posted on by
Reply

Address your goals.

Daily.

Make that part of your basics.

It’s easy to sit back, when a few fundamentals are sorted.

There could be bread and butter on the table.

Family could be in their groove.

Are you quite there yet?

No.

Don’t rest on the laurels of the few fundamentals you might have achieved.

An RJ might light a cigar and open a bottle of single in the evening, but only after his goals have been addressed for the day.

A WB might invite his poker buddies and kick off a game after a round of hamburgers… after his goals for the day have been addressed.

When does BG nip into his chocolates? At bedtime. After you know what. After addressing his goals for the day.

Yeah.

Now it’s your turn.

Have a few simple goals.

What?

Don’t have such goals?

Well, make them.

Then address them.

Break down your goals to their prime number form. For example :

– Research a stock

– Trade some forex.

– Write a piece.

– Learn something new.

See. As simple as possible.

It’s convenient to address simplicity.

Laziness and complacency are enemies, though.

Fight them.

🙂