In the current market scenario it is important to re emphasize on certain quotes and points in order to be successful in one’s investing journey.

1.Need to follow Asset Allocation. Debt has a key role to play in portfolio. Compared to other countries we are fortunate enough to protect value of money from inflation even by investing and holding debt instruments in portfolio.

2.Investments should not be made in anticipation to earn high returns. It is for fulfilling investment objectives. Examples are planning for retirement, children’s education, wealth creation, cash flow management etc.

3.In the short term markets are sentiment driven. But it is only earnings which drive the markets in the long term.

4.Every asset class is cyclical. No asset class goes up in a straight line. Do not look at past performances and invest.

5.Always keep a check on your emotions while investing, as they are subject to behavior risk.

6.Most of you have seen bull and bear markets in your life time. Those you ignored noise, followed asset allocation and stay the course have made decent returns over a 10 year period.

7.No fund performs well continuously. There will be periods of under performance in its journey. What matters is the process and investment strategy.

8.More than earning high returns, losing less is extremely important for good long term results.

9.Corrections are inherent nature of stock market. Do not get panic with it.

10.Beware of past performance “proofs” in finance: If history books were the key to riches, the Forbes 400 would consist of librarians.-Buffett

11.The biggest mistake in investing is believing the last 3 years is representative of what the next 3 years is going to be like.-Ray Dalio

12.investing is a popularity contest, and the most dangerous thing is to buy something at the peak of its popularity.- Howard marks

13.“Over short time increment, one observes the variability of the portfolio, not the returns.”- Nassim Taleb.

14.We have control on our savings, asset allocation, discipline and behaviour. Things like Macro’s, interest rates, future returns are not in our control.

15.”Grade yourself on your temperament. Temperament is the ability to not be swayed by the market.”- Warren Buffett

Hope you find it useful.