(This video is one of those raw videos when I had just started youtube. This video's audio quality is pathetic and hence I think it would be better to write down the article so that I do not need to remake the video and I can share the thought in your language so that it can be beneficial to you. Always remember, I have kept these raw videos because I always believe in progress over perfection and success is just a journey where you gradually grows.)
Welcome to my channel,
Today's topic is Who is Investor and investor's mindset and what is actually being considered as an investor mindset?
see, its very simple. At a point of time you can be either consumer or an investor. Let's understand with an example.
Let's assume, You have already taken a lunch and now you have 100 rupee note in your pocket. Now you come out of home or office and see a vadapav stall and get desire of eating a vadapav. Now its a tough time, see you have already taken lunch and you have 100 rupee in your pocket and still you rush to that vadapav stall and eat the vadapav then you became the consumer and on the other hand, if you told yourself that you are not hungry as of now as you already had lunch and hence you will eat vadapav tomorrow then you became the investor. Now this is the basic difference between the consumer and investor. And this is not the small difference. This is the biggest difference that is driving this world.
In investor language this concept is called "Pareto Principle" - In simple words it means 80/20 rule and its universal. Its found and applicable in all over the world.
For example, Basically everybody has basic needs and hence basically everybody is consumer but in this world 80 % are consumer and 20% are investor. You read it right, in this world 80% are consumer and 20% investors. Investors are also consumer but they resist buying today instead they prefer to wait, wait for buying at the right price level or buying the things at right value. This concept has been evolving since centuries, when we were kids we have read the story of Rabbit and Tortoise from the story book "The Panchtantra". The concept - The pareto principle is also applicable there, The tortoise was investor and the rabbit was the instant gratification seeker, instant success seeker, fly high get success kind of mindset holder consumer and you know the climax of story. The tortoise won the race with big margin taking small small steps consistently.
Investors are always having very high chances of success and that is too with very less efforts in reality.
And hence, through this channel, I will try my level best to bring out the Investor mindset from yourself and if you succeed to develop the investor mindset then rest of things will be be very easy for you. you will succeed in this world with very less efforts and achieve financial freedom. And hence, from now onwards all upcoming videos will be focused on investor mindset, and then mutual fund wisdom and then stock market investing. See, investing is actually very easy thing, it has been made complicated unnecessarily in wrong as being tough, in reality investing is very easy. Stock market and mutual fund investing is very easy, just follow the basics and everything will be fine. life is cool. enjoy it.
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