The Formula for Investing Success

Amar Pandit , CFA , CFP

October 27, 2023 | 1 Minute Read

Here is the simple (but not easy) formula for investing success…

The mindset of being optimistic about the future +
The courage to just start (investing)+…If I must add a word here, it would be early…The earlier the better…
The wisdom to focus on your goals and to ignore the noise around you +
The discipline to continue investing regularly especially in bad times +
The patience to let compounding work for you…The patience to know that progress is never visible at the start…

You have to go through the boring (and sometimes even painful) part to get to the exciting part.

That’s the formula.

Were you expecting anything different?

Similar Post

Nano Learning

Intellectual Humility

Amar Pandit , CFA , CFP

In my previous Nano headlined “Horseless Carriages”, I had mentioned about Nobel Prize Winner Paul Krugman’s view on the internet (in 1998). He had outrightly dismissed the i ....Read More

29 October, 2021 | 2 Minute Read

Nano Learning

Same Field or Same Game…

Amar Pandit , CFA , CFP

Imagine a football field in your neighbourhood and you see people playing cricket one day. You might or might not be surprised seeing people play cricket on a footbal ....Read More

12 March, 2021 | 3 Minute Read

Nano Learning

The Time Everything Will be Ok

Amar Pandit , CFA , CFP

In his book, “The Untethered Soul”, Michael A Singer, wrote some profound lines...“The truth is, everything will be okay as soon as you are okay with everything... And that� ....Read More

20 October, 2023 | 1 Minute Read

Nano Learning

The Main Purpose of Education

Amar Pandit , CFA , CFP

What according to you is the main purpose of education?Reflect on this question for some time.Did you come up with any of these answers? I often get these answers from people:To Le ....Read More

28 July, 2023 | 2 Minute Read

Nano Learning

Probability versus Certainty

Amar Pandit , CFA , CFP

We all know the fact that we live in an uncertain world. The only certainty here is the uncertainty we all face (I have mentioned this several times before too). Today I would like ....Read More

24 March, 2023 | 2 Minute Read

Nano Learning

Most Money?

Amar Pandit , CFA , CFP

When do equity investors make most of their money?The answer is simple.In a Bear Market.A better answer. By remaining invested through several bear markets.There is a lovely Shelby ....Read More

28 April, 2023 | 1 Minute Read