Glad that a disastrous October is already behind us. Disastrous on many counts indeed.. one of the more talked about being the equity markets. People all around have lost tons of money ranging from anywhere between 30% to 90% over the last 10 months, with the most crucial blow coming in the last month. Unfortunately, most people I knew were fully invested during the beginning of the year and hence did not have liquidity to buy more at prices that looks like a steal in many cases.
Looking forward to a better November and overall a good year ahead. Good, in relative sense, that is. Add more money on dips and stay invested for atleast 3 years. You will be a very happy investor post that period. Remember, trusting my words are also risky - a disclaimer.
Life, like markets, is very strange. Just when you think it cannot get better, you get a hit to pull you back to 'reality'. Greed and fear that people exhibit in markets are reflected in real life too. We get overly excited when things are good and severely depressed when things are not so good. Both reactions, from a spiritual sense, are unwarranted. One needs to be patient, like in market and stick to what is the original plan. Move towards the target irrespective of the near-term volatility. Planning for 3-5 years makes a lot more sense than few months. That said, trading in futures can be fun if you have deep pockets and the risk appetite. Same way, short phases of joy in life too can be exciting, provided we take short-term jolts in the same spirit.
Life, as with markets, in the long run is an exciting profitable ride. Even if it does not turn out to be, makes a lot of sense thinking it would be. We would not come to know of the difference then.
Happy investing.. Happy living!