I don’t know is its good news or Bad news.
Let me tell you an old story of Indian Farmer.
There is a Farmer and he lives with his Son and they have one horse. The horse runs away. Everyone from the town comes to that farmer that night and says ‘Your horse ran away. OH, NO Terrible News’. The farmer said ‘I don’t know if it’s good news or Bad news. We don’t know yet.’
The next day horse come back with two other horses. Everyone from the village came back and says, ‘What a great news now you have three horses’. The farmer says ‘Well, I don’t know if it’s good news or bad news.’
Then next day his son went out and trains one of the new horses and fell and breaks his back. Everyone comes back and says ’OH, NO, What terrible news.’ And the farmer says, ‘I don’t know if it’s good or bad news.’
The next day the constable from the military comes and says we are taking all able bodied young men to join the military. But the farmer’s son broke his back so he can’t go to the army. Everyone comes that night and says, ‘OH, Good news. Your Son don’t have to go to the army. He will be staying with you.’ The farmer says, ‘I don’t know if it’s good or bad news.’
The idea of this could on and on and on.
All Investors go with same idea of wishing for things to happen in Favour of their investments. But that’s not true always. Market moves either ways. Profit and loss have probability of 50-50 percent.
At Shalibhadra, we subscribe to the idea of the farmer about ‘Who knows!!!’ of good news or bad news. When you invest on both sides, you detach yourself from daily volatility. That is what SIP stands for.
Nishit Siddharth Shah