Everyone Has a Story in Life - Life Truth

A 24-year-old boy shouted as he looked out the train window….

"Dad, the trees are coming up behind you!"

Dad smiled as a young couple nearby watched the 24-year-old's young behavior with sympathy. Suddenly, he repeated his exclamation.

"Look, Dad, the clouds run alongside us!"

The couple could not help but speak to the elderly man.

Why don't you take your son to a reputable physician? The elderly man said with a smile. My son, who was born blind, just received his eyes today, and we have just left the hospital.

Everyone on the earth has a story to tell. Never pass judgement on someone before getting to know them. You might be surprised by the truth.

MORAL OF THE STORY:

Never pass judgement on someone before getting to know them well. You might be shocked by the truth.

An Office Boy : MOTIVATION STORY

At a very large company, an unemployed man applied for the post of "office boy." 

After an interview, he had to sweep the floor as a test. 

The employer announced, "You are hired." "If you give me your email address, I'll send you the application to complete and the start date." 

I don't have a computer or email, the man answered. 

I'm sorry, but if you don't have an email, you don't exist," the employer said. Whoever does not exist cannot hold the position. 

Without any hope, the man left. He had only $10 USD in his pocket and had no idea what to do.

He made the decision to buy a 10 Kg tomato crate from the grocer and sell the tomatoes door to door after that. He was successful and more than doubled his wealth in less than two hours.

He carried out the action three more times, earning $60 USD, and left for home. The man began to leave earlier each day and return later after realising he could survive in this manner. His money grew by a factor of two to three every day. He soon acquired a cart, a truck and eventually his own fleet of delivery vehicles.

The man's business was among the largest food sellers five years later. He began to make plans for his family's future and made the choice to get life insurance. 

He made an insurance broker phone call and decided on a safety measure. The broker requested his email when the conversation was over. The man answered, "I don't have an email." 

You don't have an email, yet you've managed to create a massive empire, the broker responded inquisitively. Do you consider what you might have achieved if you had access to email? 

After pausing for a while, the man responded, "An office boy!" 

Moral of the story

Don’t be discouraged if something is not in your favor today. Better opportunities are waiting ahead.

Struggles of The BUTTERFLY

A man noticed a butterfly's cocoon.

One day a tiny gap suddenly materialised. He stayed and watched the butterfly try to fit its body through that tiny hole for several hours.

Up until that point, when it appeared to have reached a dead end.

The man made the decision to assist the butterfly. He grabbed a pair of scissors and cut the last of the cocoon off. The butterfly then easily emerged, despite having a bloated body and tiny, shrivelled wings.

The man sat there waiting for the wings to spread out and grow larger in order to support the butterfly without giving it any thought. But it didn't go like that. The rest of the butterfly's life was spent crawling around with little wings and an enlarged body since it was unable to fly.

Despite the man's good intentions, he was unaware that the butterfly's effort to squeeze through the tiny entrance and the constricting cocoon were ways for God to force fluid from the butterfly's body onto its wings. to be ready for flight as it emerged from the cocoon.

Moral of the story:

Life's challenges help us build our capabilities. We must face obstacles on our own and not rely on the assistance of others since without struggles, we cannot develop and become stronger.

CHILD INSURANCE: Too Little Return On Child Plans

-R.Kain

In order to assist build a corpus over time, life insurance firms that sell child plans combine insurance with investments. When the policy matures, the insurance provider will pay a lump payment that can be applied to the child's higher education costs or wedding costs. Maturity benefits are also exempt from tax under Section 10(10D) of the Act, in addition to the tax deduction provided under Section 80C of the Income Tax Act on the premium paid.

Either conventional policies or unit-linked insurance plans are available for children. With child plans, insurers include extras like accidental death and disability coverage. Make sure the plan contains a premium waiver provision in the event of the policyholder's death before purchasing a child plan.

The child or another nominee will get the entire death benefit in the event that the policyholder passes away during the policy's term. These plans also provide the option for partial withdrawals in the event of any pressing financial needs, such as medical care.

To establish a sizeable corpus for the child's financial needs, it is preferable to purchase such a policy with a tenure of 15 to 25 years when the child is still very young because of the rising expense of higher education. The policy can be used as collateral for an education loan by the parent.

SMALL RETURNS

The returns from these plans are only 5-6%, though. In order to ensure the financial stability of the family, a parent should ideally purchase a term plan. When compared to conventional insurance policies or even unit-linked insurance plans, Term Plans are more affordable.

If you decide to cancel/surrender the insurance, you would lose the majority of the premiums you have paid over the years because the policy's surrender value is so low. Additionally, child plans have relatively little insurance coverage.

It is preferable to invest in diversified Equity,  Mutual Funds and PPF for a girl child, a Higher-Education savings account, Samriddhi Yojana-Sukanya

Courtesy: Financial Express

Classic Strategies to Beat the Markets" by MARTIN J. PRING Book (INVESTMENT PSYCHOLOGY EXPLAINED)

-R.Kain

Rule 01: Trade with a strategy and follow it.

Rule 02:  Invest in the trend. "The fashion trend is your buddy!"

Rule 03:  If possible, use stop loss orders.

Rule 04:  Get out if in doubt!

Rule 05:  Be patience. Do not overtrade.

Rule 06:  Cut your losses short and let your profits run.

Rule 07:  Never allow a gain to become a loss. (Or always take a free position if you can.)

Rule 08:  Buy strength and sell weakness. Be just as eager to sell as to purchase.

Rule 09:  Invest in bull markets while they are just starting out. In bear markets and the latter stages of bull markets, engage in speculation.

Rule 10:  Never add to a losing position by averaging a loss.

Rule 11:  Never purchase something just because it's cheap. Never give in to pressure to sell at a premium.

Rule 12:  Trade only in liquid markets.

NEW TRADER RICH TRADER - 18 Lessons from The book

-R.Kain

"NEW TRADER RICH TRADER" - 18 Lessons from the Book  

1. New traders are greedy and have exaggerated hopes. Rich traders are honest about their potential profits. 

2. New traders make bad decisions as a result of stress. Rich traders can control their stress. 

3. New traders have short attention spans and demand constant action. Rich traders take their time. 

4. New traders trade as a result of emotional effect. Good investors utilise a trading strategy. 

5. New traders believe that learning never ends. Rich traders are lifelong students of the market. Management of Risk 

6. New traders behave like gamblers. Rich Traders conduct themselves like entrepreneurs. 

7. New Traders risk everything. Rich traders have rigorous control over trade size. 

8. For New Traders outsized profits are the #1 priority. Rich Traders know that managing risk is the #1 Priority. 

9. New Traders try to prove they are right. Rich Traders admit when they are wrong. 

10. New Traders give back profits by not having an exit strategy. Rich Traders lock in profits while they are there. 

Trading Methodology

11. New Traders give up. Rich Traders persevere until they are successful.

12. New Traders hop from system to system when they lose. Rich Traders stick with a winning system even when it is losing.

13. New Traders place trades based on opinions. Rich Traders place trades based on probabilities.

14. New Traders try to predict. Rich Traders follow what the market is telling them.

15. New Traders trade against the trend. Rich Traders follow the market trends.

16. New Traders follow their emotions to their disadvantage. Rich Traders follow systems that give them an advantage.

17. New Traders do not know when to cut losses or lock in gains. Rich Traders have an exit plan.

18 New Traders cut profits short and let losses run. Rich Traders let profits run and cut losses short.

Monkey And Stock Market Story

-R.Kain

The well-known tale of the monkey contains insightful insights for stock market investors.

When you make poor stock market bets, you will adore the narrative and remember it.

Monkey Story

Once upon a time, a wealthy city dweller visited a village. The people heard him say that he would buy monkeys for ₹ 100 each.

Since there were so many monkeys in the neighbouring forest, the villagers were overjoyed.

The monkeys were captured and delivered to the wealthy man. He paid ₹ 100 for each monkey the villagers gave him, purchasing hundreds of them.

They started to survive by removing monkeys from the forest and selling them to the wealthy man.

The number of simple-to-catch monkeys in the jungle soon began to decrease.

The wealthy man recognises this and offers ₹ 200 for each monkey. The locals were overjoyed.

They returned to the forest, where they set up traps, captured the monkeys, and delivered them to the wealthy man.

The wealthy man declared he would pay ₹ 300 per monkey a few days later.

The locals started scaling trees and taking dangerous risks in order to capture monkeys and deliver them to the wealthy man, who bought them all.

In the forest, there were no longer any monkeys.

One day, the wealthy man declared he wanted to purchase additional monkeys, but this time for ₹ 800 each.

The villagers found it hard to believe. They were scrambling to capture additional monkeys.

The wealthy guy explained that until he returned, his manager would handle all of the business till he could return to the city.

The villagers were upset when he went. They were selling monkeys for quick cash, but the forest was now empty of monkeys.

The wealthy man's manager intervened at this point.

The peasants couldn't turn down his offer.

Pointing out all of the caged monkeys that the wealthy man owned. The people were informed that he would sell the monkeys for ₹ 400 each.

When the wealthy man returns, sell them back to him for ₹ 800 each, the manager instructed.

The villagers were thrilled to pieces. Purchase for ₹ 400 and quickly sell for ₹ 800. They had just discovered the quickest way to multiply their wealth.

The people saved up all of their money and even took out loans.

There were lengthy lines, and in a short period of time, practically all the monkeys had been sold.

Sadly, their joy was short-lived because the manager disappeared the following day and the wealthy man never returned.

In the hopes that the wealthy man would return, many villagers kept the monkeys with them. But as time went on, they lost heart and were forced to release the noisy monkeys back into the bush because it was impossible to feed and care for them.

What exactly does the stock market monkey story mean?

If the connection wasn't clear enough, this is what occurs when you invest in low-quality companies on the stock market.

There will be a cheap supply that no one wants to purchase. It will suddenly start selling to a few wealthy folks.

Because there are suddenly many buyers and few sellers, the stock price will increase. 

The classic example of a lack of supply due to high demand is the monkeys in the forest.

Newspapers and business media frequently cover the stock. These wealthy men would also employ deceptions like mass SMS distribution to entice others to purchase shares in exchange for enormous returns.

They attract novice and inexperienced investors who are looking to quadruple and triple their investment.

Finally, the major players sell the stock back to novice investors at high prices after having purchased it early when no one else was interested.

Similar developments are currently taking place in Ruchi Soya and a few other companies on the stock market!

There won't be any buyers or sellers one day. Those who purchased the stock in the last phases of its climb will lose all of their money.

They plan to keep the shares for a few years in the hopes that the stock price would recover. As a result, the story comes to an end.

The stock market story's lesson is, in a nutshell, to only invest in reputable businesses that are marketing items that consumers like and use.

There is no instant money in the stock market or in life, so don't be greedy.

Gaining wealth requires patience and work. There are also no short cuts.

10 Reasons Why Many Stock Investors Lose Money

The Stock Market Is Nothing But A Gamble.

"The Key To Investing Successfully Is Luck,"

"The Stock Market Is The Quickest Route To Financial Ruin."

How frequently do you hear the aforementioned or comparable phrases being used? In fact, if you looked at how the ordinary individual views the stock market, you would be persuaded that it is hell on earth. On the other hand, every now and then you hear about those folks who are profiting greatly from the market. You could have questioned how a few number of people were able to profit from the market when other people lost money. Is there a secret recipe?

But first, let's slightly reverse the situation. Losses on the stock market can either be attributed to the market or the investor. Contrary to popular belief, the investor is to responsible for market failure, not the market itself. Why? because the Indian stock market has consistently had an upward tendency throughout time, like the majority of global stock markets. In 1991, the Sensex had ended at 1,908 points. The Sensex is currently trading at about 51,700. Do you still believe that the market is the issue?

Why then do the majority of investors lose money? This is where the holy grail is found. The solution had always been there; it just needed to be placed in the appropriate setting. It can be found in the stock investment gurus' words. Here is a condensed version of the gurus' knowledge that will give you the key to succeeding in the stock market.

I.    NOT REALIZING WHAT COMMON STOCKS ARE

Although it's easy to forget sometimes, a share is not a lottery ticket... it's part-ownership of a business.
- Peter Lynch

Behind every stock is a company. Find out what it's doing.
- Peter Lynch

II.    BUYING STOCK WITHOUT FIRST STUDYING THE BUSINESS

Know what you own, and know why you own it.
- Peter Lynch

If you don't study any companies, you have the same success buying stocks as you do in a poker game if you bet without looking at your cards.
- Peter Lynch

III.    NOT INVESTING OR MAINTAINING INVESTMENT IN A GOOD STOCK DURING A CRISE

Unless you can watch your stock holding decline by 50 per cent without becoming panic-stricken, you should not be in the stock market.
- Warren Buffett

Cash combined with courage in a time of crisis is priceless.- Warren Buffett

IV.    not exercising patience, discipline, or long-term thinking

If you are not willing to own a stock for 10 years, do not even think about owning it for 10 minutes.

- Warren Buffett

Successful Investing takes time, discipline and patience. No matter how great the talent or effort, some things just take time: You can't produce a baby in one month by getting nine women pregnant.
- Warren Buffett

V.    STOCK TRADING AND DERIVATIVES ABUSE

Derivatives are financial weapons of mass destruction.
- Warren Buffett

As in roulette, same is true of the stock trader, who will find that the expense of trading weights the dice heavily against him.
- Benjamin Graham

VI.    BUYING THE STOCK FOR TOO MUCH

If you are shopping for common stocks, choose them the way you would buy groceries, not the way you would buy perfume.

- Benjamin Graham

Confronted with a challenge to distill the secret of sound investment into three words, we venture the motto, Margin of Safety.
- Benjamin Graham

VII.    FOLLOWING THE CROWD BLINDLY

We simply attempt to be fearful when others are greedy and to be greedy only when others are fearful.
- Warren Buffett

Wall Street is the only place that people ride to in a Rolls Royce to get advice from those who take the subway.
- Warren Buffett

VIII.    AVOIDING SOUND INVESTING PRINCIPLES IN ACCORDANCE WITH THE LATEST CRAZE

The individual investor should act consistently as an investor and not as a speculator.
- Benjamin Graham

With every new wave of optimism or pessimism, we are ready to abandon history and time-tested principles; but we cling tenaciously and unquestioningly to our prejudices.
- Benjamin Graham

IX.    UNDERESTIMATING YOUR INVESTMENT ABILITY

Twenty years in this business convince me that any normal person using the customary three percent of the brain can pick stocks just as well, if not better, than the average Wall Street expert.

- Peter Lynch

If you have more than 120 or 130 I.Q. points, you can afford to give the rest away. You don't need extraordinary intelligence to succeed as an investor.
- Warren Buffett

X.    AUTHENTICATE YOUR INVESTMENT POTENTIAL

It is remarkable how much long-term advantage people like us have gotten by trying to be consistently not stupid, instead of trying to be very intelligent.

- Charlie Munger

Rule #1: Never lose money; Rule #2: Never forget Rule #1.
- Warren Buffett

It's MATADIN BHANGI Not The Mangal Pandey - First Person Who Sowed Seeds 1857 Revolt

 

Indian independence warrior MATADIN VALMIKI was instrumental in the events that took place just before the Indian insurrection of 1857 began. He was a Valmiki employee of the British East India Company's cartridge manufacturing facility. He was the first to plant the seeds for the 1857 uprising, not the Mangal Pandey.

History

According to historical accounts, Matadin worked in an East India Company facility that produced cartridges. He was engaged there since at the time, working with dead animal skin and leather was seen as a low caste employments

They were regarded as "impure" by the traditional upper caste Hindus. When Matadin asked Mangal Pandey, a soldier in the company, for water one day, he refused because he had the ingrained conviction that touching someone from a lower caste was "polluting." Thus, Matadin helped him see how absurd it is for him to be proud of his birth into a high Caste Brahmin family while still biting cartridges made of cow and pig fat. This inspired both the Hindu and the Muslim members of the company to raise the flag of insurrection because, while pigs were taboo for Muslims, cows were sacrosanct to Hindus.

Both Dalit activists and Subaltern historians claim that he should be acknowledged as the true leader of the 1857 uprising. This is so that Mangal Pandey would know that the British were either intentionally or unintentionally hurting their religious sensibilities. He thus planted the initial seeds of the 1857 uprising.

Legacy

As an homage to him, the Meerut Municipal Corporation renamed the Hapur Adda crossing in Meerut Shaheed Matadin Chowk in 2015.

ICONIC GOLE MARKET - NEW DELHI

In the centre of New Delhi, India, Edwin Lutyens constructed the Gole Market area within a traffic circle in 1921. It is regarded as an important architectural structure and one of the oldest colonial markets still standing in New Delhi. The dodecagonal market was constructed along an axis that Edwin Lutyens designed as part of the planning of New Delhi. Four radial routes that leave the market are Peshwa Road, Ramakrishna Ashram Road, Shaheed Bhagat Singh Road, and Bhai Veer Singh Road.

History

The Edwin Lutyens-designed octagonal market was erected in 1921 as a significant component of a larger expansion scheme. The Connaught Place shopping district was constructed next to it in the years that followed, providing for the everyday requirements of thousands of government workers residing in neighbouring housing developments constructed for them in 1925. The majority of government offices had moved from Old Delhi a decade before the new capital's 1931 inauguration, therefore these personnel worked at the nearby Secretariat Building. A large number of workers were sent to the new capital from far-off regions of India, such as the Bengal Presidency and Madras Presidency.

Famous painter B.C. Sanyal and his wife Snehlata, a ghazal singer and actress, relocated to Gole Market following the partition of India. Their "refugee studio" ultimately became known as Gallery 26 and served as a gathering place for local artists and students. The Delhi Shilpi Chakra, which Sanyal and some of her artist friends formed, was later born in the studio. This group had a significant impact on North Indian modern art.

The market had 28 active stores at the turn of the twenty-first century, the majority of which were vintage from the 1920s. Several fast food restaurants, confectioneries, and sweet stores were among them, including Kaleva, Bengali Sweet Shop, Karachi Sweet Shop, and a number of meat markets. Unauthorized building and extensions caused the facade to degrade over time, and it was in poor condition. Many business owners received fines from the New Delhi Municipal Council (NDMC) for operating without the necessary permits or in unsanitary circumstances.

The structure was deemed hazardous in 2007, and the NDMC offered the shop owners substitute locations. Nevertheless, they refused this proposal. The NDMC was compelled to start restoration work as a result. Eventually, the NDMC suggested giving the structure full heritage protection and stopping all commercial activity. The decision was supported by the traffic police since holding a market in the major roundabout clogged up traffic. By May 2009, the NDMC had six shops under its control and had given the shop owners with eviction papers. The remaining owners launched a campaign to stop the forced relocation.

Eventually, the NDMC disclosed updated plans for the heritage market's transformation into a museum. 28 of the market's store owners filed a lawsuit with the Delhi High Court in February 2013 protesting the NDMC's purported attempt to seize control of their establishments. On June 20, 2013, the court found in favour of the NDMC but issued a warning about using the land for non-commercial purposes. The shop owners were ordered by the court to vacate their premises by June 30, 2013. The High Court's eviction deadline was upheld by the Supreme Court on June 27.

Gole Market locality

The distance between the Gole Market and the New Delhi General Post Office, which was constructed in 1931, is roughly 800 metres (2,600 feet). Due to the octagonal shape of the structure, it is additionally known as Gole Dak Khana. Robert Tor Russell, the Public Works Department's head architect, created the design (PWD). Its height was kept low to provide a clear view of the surrounding Sacred Heart Cathedral, which is located near the roundabout that was formerly known as Alexandra Place.

Education

There are several schools in the vicinity of Gole Market, including St. Columbas School, Convent of Jesus and Mary, NP Boys Senior Secondary School, Harcourt Butler Senior Secondary School, Elisabeth Hall-Shiv Niketan School, Kali Bari Dayanand Model Public School, Ranoor Paathshaala, Raisina Bengali School, Kaali Bari, NP Primary School, Kendriya Vidyalaya Gole Market, and D.T.E.A Senior Secondary School are some other schools in this category.

Politics

The President's House and the Parliament House are both two kilometres (1.2 mi) distant from Gole Market, which is situated approximately one kilometre (0.62 mi) from Connaught Place's business district. It also serves as home to the Delhi headquarters of the Communist Party of India, which is situated adjacent to other political structures.

Between 1966 and 1993, the Gole Market neighbourhood served as a Delhi Metropolitan Council constituency within the New Delhi Lok Sabha district, and from 1993 to 2008, it served as a Delhi State Assembly constituency within the South Delhi Lok Sabha district. When the Gole Market seat was up for election in the 1998 and 2003 assembly elections, Chief Minister Sheila Dikshit ran for and won it. The seat, however, was eliminated during the delimitation process in 2008, and is now known as the New Delhi constituency.