Lessons and Life after COVID-19

Today the whole world is facing a unique challenge due to COVID19 virus. Just three months back If someone has told us that the whole world will stop and people will be afraid of meeting other persons, we would have been laughing on them, but today it is the truth. But every dark side has brighter side too, so let’s look at what we can learn from this crisis and how the life would be after we sail through this challenge.

1) Always act before it is too late. Starting the lockdown early is perhaps the biggest lesson for controlling the spread of the virus. Start your investment journey early to control poverty and create wealth.

2) Even if ‘Risk’ looms large (next to your home) don’t go out, just stay put. Even if market volatility troubles you, don’t sell Just stay put.

3) You may be Rich but if you are Careless, Complacent and over confident the Virus or the Market will smash your ego and leave you in tatters.

4) Self-control and Resolve (सय्यम और संकल्प) are the key to reach your goals of defeating the Virus as well as Poverty.

5) Doing nothing is an important strategy to keep the virus away and keep your healthy. Similarly in Investment also sometimes Doing nothing is the best strategy.

6) Nature does not discriminate, whether it is the battle of health or wealth. Every community and Religion has Equal Opportunities to create wealth as well as catch the virus.

7) Compounding is the 8th wonder of the world and provides huge gain in wealth creation but huge pain by virus spread/creation.

8) Breaking the Chain is the only way to stall the virus. In investing too breaking the chain of SIPs will stall wealth creation.

9) First worry about life, then the world (जान है तो जहान है). In Investment also first focus on Safety, Liquidity and then on Returns.

10) Politics is the biggest enemy during these times. Like wise Speculation is the biggest enemy of investing. Like Politics Keep Speculation at bay.

11) Hygenie and Social Distance are important points to fight virus similarly porfolio hygine(simple and clean portfolio) and keeping distance from risky instruments is good for wealth.

12) Our immune system is the best protection against the virus. In wealth creation immune system comprising of Habits, Actions, Perseverance, Patience and Yearning for your goals (HAPPY) is best for wealth creating and thereby protection against inflation.

And finally I end with a small story. Once an 80 year old man came out of ICU and doctors told him that he is alright now and this a bill of Rs. 10 lakhs for 10 days in hospital. The old man cried, seeing the old man crying doctor said don’t worry if you don’t have money we will waive it off. For this the man says No, I am not crying for the bill I can pay all dues. I am crying because I have been breathing God’s Air for 80 years and never paid for it and now it takes 1 lakh per day in a hospital to use ventilator, Do you know how much I owe to God. I never thanked God for that.

When we breathe air freely we never take it seriously but when we go to hospital breathing oxygen costs money.

When we change the way to look at the things, the things we look at CHANGE. Gratitude is a strong, powerful and empowering emotion, we should be more grateful for the things we get in life.

Gratitude improves our immune system and makes us strong on the other hand stress makes us weak.

WHEN WE ARE GRATEFUL FOR THE THINGS IN OUR LIFE, WE WILL HAVE MORE THINGS TO BE GRATEFUL FOR.
Be Healthy and Safe !!