Wealth With Aakarsh

"More Money has been lost trying to anticipate and protect from corrections than actually in them." - Peter Lynch These words hold true for investors of all levels. Whether you're a first-time investor or have some experience in the market, the question of timing always arises. In this beginner's guide, we'll tackle the common dilemma of "is it a good time to invest?" and explore why trying to time the market can be a futile exercise. Firstly, accurately predicting short-term market fluctuations is nearly impossible. The market is influenced by a multitude of factors, such as economic indicators, geopolitical events, and investor sentiment, making it highly unpredictable. Even the most seasoned professionals struggle to consistently time the market correctly. Secondly, attempting to time the market requires making two correct decisions: when to sell and when to buy back in. This double challenge significantly increases the complexity and risk of achievi...

"The stock market is filled with individuals who know the price of everything, but the value of nothing." — Phillip Fisher No matter the age, gender, beliefs, most of us spend a considerable amount of time on various social media platforms. And most of us are generally influenced by what we see there. It was still okay when we were told to believe that taking 10 holidays a year was supposed to be normal. Seeing everyone was so successful it felt like I was the only one lagging. It felt as if all of humanity was driving luxury cars, sipping martinis and soaking in “Vitamin Sea”.  Research suggests that millennials were prone to buying more things and spending more on products they saw on social media of other users, because of an effect called FOMO, Fear Of Missing Out. The feeling that I will be an outcast if i don't do the same thing is what defines FOMO. Even then, I was willing to forego everything that could potentially make social media toxic. I believed that as an i...