Saturday, May 15, 2021

Why meditation makes you a better investor?

As an investor, you will have to make 3 decisions continuously. Which stock to buy, at what price and when to exit? But that is not it.

 

Things do not go as you anticipate, and markets routinely surprise everyone. Stock that you bought goes down beyond your expectation, making you wonder what to do. Few go up too much in too little time, again you begin to wonder if there is any upside left. Many times, the stocks you bought do not move at all, boring you and making you to switch counter.

 

Exactly when things do not go as anticipated, you become emotional, misjudge the situation and make investment mistakes. This is when meditation can be of great help. Meditation teaches you to have patience, so when your stocks do not move, you won’t act out of boredom but make a rational choice. When market moves against you, you would not lose hope and probably add to your investments. And when things are working in your favor, you would not be caught in euphoria but remain grounded and book some decent profits.

 

Meditation basically calms you down. It removes chaos and brings clarity. It brings stability to your being by avoiding emotional tantrums and that reflects in the choices you make in everyday life. You would not only become a better person but a better investor too. The less biased, the less emotional person you become, the better investor you would transform into.

 

Get into meditation and know yourself. The clarity you get lets you understand why you are in the market and what the crowd does won’t bother you anymore. Then assess the investment opportunities available in the market. More likely you would get them right.

No comments:

Post a Comment