Investing in equities teaches you a lot about living…Infact, it can also lead to a better life. Here are some reasons:
- Teaches you to be patient: Over night returns are not sustainable. You got to be patient to have gains that last long.
- Choose the battles: There may be 50000 companies available for investing. But you choose the company that you want to invest in. Similarly, in life- you will have plethora of options and multitude of problems you can solve. However, you dont get into everything. You choose what is worth your time.
- Get Stronger: It takes courage to see your portfolio and your life long savings go down by 50%. In the end, (if it turns out to be so), you emerge stronger.