Skip to main content

Time Misconception: What Is the Right Time to Start?

Several weeks ago one of my friends was texting me, ''You know what, the stock market has gone bull in the last few days, I should have invested a year earlier.''

I replied, ''So be ready to invest now, it will come down again no worry...''

''But I am too late you know, now I have to start from scratch.''

You are stopping yourself from success
Imagine a highly successful person, who had completed her Ph.D. by the age of 25, had become a CEO in her mid forty and died from stress in her late fifty. Her friend who had completed her graduation in her late 20s is now 65 and running her own pet shop.
Which life would you prefer?
Even I don't know, it's hard to tell whether the later lady has been more successful in her life. Success subjectively depends on the human perspective. Perhaps, a high achiever at an early age is revered for her steep success curve, but I'm pretty much sure those high achievers would have wanted to be a person who could stop by and appreciate the beauties of life.
If you repent for being late today, you will do the same 10 years later. Most of us forget to live in the present. You are in control of the present only. Your past is gone, the future will come as you do in the present. But trust me, you have the choice to make the right decisions that will lead you towards a long, healthy, and prosperous life. Try to be happy and productive even at the age of 100. Take healthy foods, avoid late nights, do exercises: your persistence will beat the competitors who are even 20 years younger than you. 
I had suggested to my friend at the end, ''look, people who invested 1 year earlier could hardly anticipate today's market. The same will happen one year later, but it's your choice to determine which side will you be on.''
He somewhat agreed.
Note: I had also invested last year and got a return, but the ticket size was so small. Hopefully one day my financial crisis will go away. Living with an empty pocket is literally utter-pathetic. 

Labels:
Location: Dhaka, Bangladesh

Comments

Post a Comment

Popular posts from this blog

A Trader with an Investment Mindset

Invest in good stock... Being a finance student, I have always been told that investors make much more profit compared to traders in the long run.  In a sense, that statement is apparently true. If you take the historical gain reference of traders vs. investors, the latter will come triumphant without any confusion. But remember, few traders make much more profit compared to investors.  For the traders, the profit curve is seemingly positively skewed, only a few can truly make a profit, but most of them lose money and cancel out the average profit. For the investors, the profit curve follows a normal distribution and returns an average profit to the clients in the long haul. And most importantly, it is always the small ticket-sized shares that give you the best return. For instance, a stock priced at BDT 10 has the potential to go up to 20 or 30 TK, giving you a return from 100% to 200%. But imagine a good stock that is already priced at BDT 600, how much can it go up? I always calcula
2 comments
Read more

I Know How Fake Everything Is

We had an AC installation project today at Manikgonj. Our technician team went to the site, saw a 30'' thick wall that has to be pierced for copper piping. And they backed off. I was communicating over the phone with my PSL, with a heavy voice, pretending everything is under control.  Those are miniature life hick-ups that an entrepreneur has to face, regularly, and for me - intentionally. Only a few have the guts to continue after all these. I want to be one of them of course. January 2022 Update: Another year has gone by without any fruitful progress. Still, we don't see any tangible source of revenue. We are kinda parasite of Muspana. This burns me like hell, I wanted to live an independent life. That's why I chose to be an entrepreneur Now is the real challenge. What value am I providing to my users? What is the one big vision that can change the lives of billions? Can I acquire a big investment ever? Why am I so self-centered? Am I all after money? Today a kid 10 y
2 comments
Read more

Network = Net Worth

Need to boost up my networking skill So far I have been a socially awkward person. I don't like public gatherings, I avoid phone calls, even I don't have any active social media account. For me, deciding to do business was an internal soul call, which I hardly could relate to my shortcomings. Almost three years back when I was an employee of LankaBangla Finance, my SME head told me, ''Why don't you laugh man? There is a Chinese Proverb you know - if you can't laugh, don't open a shop.'' I thought a smiling face is a mere redundant verbal expression. Unnecessary, showy, sycophantic.  At this moment, after almost a year in the business world, I am to words changing my mind. In fact, a smiling face can win million hearts, and those million hearts are money in business. Am I sounding too commercial? Probably am, but smiling is also prophylactic. If you love yourself, you should smile. Another reason behind smiling is - human nature is precoded to accept
2 comments
Read more