2021-07-21 15:19:36
Investment DiarySome of my friends always ask me why I always dig into the fundamentals of any stock before investing.
According to their logic, if one can earn 2x, 3x, 4x, or 5x returns in a short period of time, why should one wait for a longer period of 5 to 10 years.
Here I have a story for them.
*THE STORY OF PUPPY WEALTH OR ELEPHANT WEALTH:?*
An elephant and a dog became pregnant at the same time. Three months down the line the dog gave birth to six puppies.
Six months later the dog was pregnant again, and nine months on it gave birth to another dozen puppies.
The pattern continued.
On the eighteenth month, the dog approached the elephant questioning, _”Are you sure that you are pregnant?
We became pregnant on the same date, I have given birth three times to a dozen puppies and they are now grown to become big dogs, yet you are still pregnant. What’s going on?”
The elephant replied, _”There is something I want you to understand. What I am carrying is not a puppy but an elephant.
I give birth to only one in two years. When my baby hits the ground, the earth feels it. When my baby crosses the road, human beings stop and watch in admiration, what I carry draws attention.
So what I’m carrying is mighty and great.”
Likewise, if you break your Equity Investments in one or two years, you will get puppy wealth and if you keep your Good Quality Equity Portfolio for 10 to 15 years you make elephant wealth.
Think before you sell your Quality Portfolio Equity Investments mid way.
You want to settle for puppy wealth that lives for 7 to 8 years or do you want elephant wealth that will stay for 100 years.
Be a good saver. Become a better investor.
Happy Investing!
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14.4K viewsKshitij Purohit, edited 12:19
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