Where is risk?
How many of us remember the dark night when a few terrorists killed people in the Taj, Trident and Leopald cafe?
Is it riskier to go there?
All of us remember a few air accidents in 2014, do we not?
Is it riskier to fly in 2015? or is the risk over in 2014?
How many of us ride to our work?
Er..did driving not get riskier? I do not have the statistics, but surely in Indian conditions, the road is riskier than the air.
Is it risky to travel to Australia, Egypt, Pakistan, …
Well statistics is useless here..it is in your head, but how many people will want to go to Pakistan.
If you are living in a nice quaint place like Switzerland you are likely to think that the world is falling apart and it is not worth travelling to any part of the world.
Should we get out of equity? What if there is a Russian default? What if Greece…What if the terrorism activities go up in Europe and China too?
Get real guys, there is no point in panic. When risk comes, we need to react. It does not mean that now you sit and wonder what will happen – the sitting on cash for 5 years wondering what will happen is what is RISK. Just be invested in nice portfolios – either self created or in a good fund from a good fund house. Investing (living) is risky. You cannot give up living just because it is risky. We attend funerals – regularly in my case – and that ACTUALLY removes the fear of death, does not make me worried that I will die. Of course I will die, and I have no clue when. Just waiting for death for the next 20 years of my life is just likely to ruin my next 20 years, right?
So get on in life, plan a little, continue your dull and boring SIPs – where ever you are doing it and relax.
You handle what you can. For the rest, there is God. If you are an atheist, find your God.
moronbuffett
Where is risk?
everywhere
We attend funerals – regularly in my case – and that ACTUALLY removes the fear of death, does not make me worried that I will die. Of course I will die, and I have no clue when.
WELL SAID
“Everybody knows they’re going to die, but nobody believes it. If we did, we would do things differently” – Tuesdays with Morrie
Babu
Sir,
Very well said. Total concept of life cycle explained in few lines.
Carl
If you are an atheist, find your God.
If you succeed its its “return”
If you don’t its “risk”
S K Roy
Subra Sir, well said. But you simplify the concept of investing (SIP or otherwise) so much that it becomes somewhat scary. I wish all can be less scared of ‘investment’ than ‘death’. Thanks for your oversimplified way of putting the idea.