How Lord Krishna's teachings can help you sail through the volatile tides of the markets?

Janmashtami is a Hindu festival and is celebrated to mark the birth anniversary of Lord Krishna. He helped Arjuna in the battle of Mahabharata to victory. Imagine applying his teachings to fight our daily battles in the stock markets.


This Janmashtami let us dive into the teachings of Lord Krishna and select a few stocks based on his teachings to help us safeguard our portfolio from market volatility.


Act with conviction


Whatever is done without faith — whether it is sacrifice, charity, austerity, or any other act — is useless. It has no value here or hereafter.

This means you need to have a strong confidence over your investment which only come through deep and rigorous research. There’s a common story about villagers who had come out of their homes to pray for the much-awaited rain. Amid all these people, there was one small boy who had carried an umbrella. This little boy had true “faith”…

Setting out to do anything is an action, but being ready for it is faith.


In our line of work, this faith or confidence comes only if you have performed deep research on your Investments.


Be ready for the change


Arjuna, when inertia is predominant; ignorance, inactivity, carelessness, and delusion arise.

Change is the law of nature and we should be ready to adapt to these changes. Few years back, IT and Infrastructure stocks were leading the market rallies and then came the turn of banking and finance companies who are struggling to perform and have been overtaken by the Pharma sector. Similarly, you also need to be ready for the change and adapt to it.


Constructing a diversified portfolio with stocks across sectors can help you achieve this and get gains across sectors. Also, we should make a thumb rule i.e. never to put all our investment into a single stock.


Strategic Approach


All wars first exist in the mind; winning in the mind is the first step to winning on the battlefield and in real life.

This means that we need to create a strategic approach towards our investments by being prepared for all odds and sticking to a plan of action.


If you're new to this field, prepare a course of action and stick to it. Start in small quantities and note your results. Regularly compare these results to check your progress. Eventually this practice will help you do some introspection into your trades and will help you take better decisions.

#investing #jamnashtami

29 views
 

Subscribe Form

+91 77399 66817

4/902 DB Ozone, Mira Road East, Mumbai, Maharashtra, India

  • Google Places
  • Twitter
  • Instagram
  • Facebook