Saturday, May 23, 2020

Stress Management!

 Hi all!

 We live in an age where it is too easy to feel stressed.


                                     OfComm Series - Collapsed


What is more important is to understand how stress works, and how to deal with it. Today let us discuss about 'stress' and the ways to reduce it.

It can be illustrated by an example:

Suppose I have a glass of water...

                                                          water glass

 Now, I ask you to hold it and let me know the weight. You would find it easy and you could tell me that it weighs about 300 gms or something like that.

What you must remember is that it is its relative weight.

If I ask you to keep holding the glass for 10-15 minutes at a stretch, you will surely feel as if the glass weighs a ton!

That is exactly what stress does. If you keep holding everything in your heart- accumulating it, storing it, the pressure will rise steadily.

Initially you may not feel it, but with the passage of time you will feel the stress.

I recommend two techniques to get rid of stress -


1. The principle of 'letting go'

Don't allow things to unnecessarily bother you. There are so many things that you keep holding with a tight grip. Sometimes it is better if you can just let them go, and you will gain happiness. There are times when we enter into a really silly debate or an argument about who is the best player, or the best actor, etc. These things are all unnecessary. You can 'agree to disagree' and not take things to heart!

Do not insist on proving your point. Make your point, place the facts, and move on....

(Remember that everyone has their own opinion - and that is normal)




2. Cut the stress at the source

 Suppose you have a habit of forgetting the payment dates. Due to this, many a times your bills go unpaid or you have to pay the late fee.

                           Man is shopping online with laptop


You should then set up some reminder that will alert you well before time/before the due date, and you will then not be in any stress at all.

Make good use of the technology and set reminders - use the cell phone, keep a small pocket diary ...whatever works for you!

Even the students can implement this technique.

So often they procrastinate- thinking they have lot of time at hand. Then, one fine day they realize that the exams are fast approaching and they haven't finished their revision.

Result - Stress.

If they plan properly, they would not be in stress. Therefore 'planning' is important!

It is rightly said that - "Failing to plan is planning to fail!"

Hope this added value!


 Watch my video and leave your comments!

    
   Cheers!





The stock markets -How to start? What money should be brought into share market?

Portrait of handsome bearded man in eyeglasses
What should I do?




 Hello!

So, often I am asked this question: "I wish to start trading in stocks, but I do not have any money right now. Should I take a loan and start?"

I bet you know a lot of people who would have faced the same situation. Maybe you were in such a conundrum yourself.


Let us deal with the topic then -


This one question leads to many other questions such as -


  1. What would be a sufficient amount?
  2. How to acquire that amount?
  3. Will I be able to arrange it?
  4. Where to open the trading account?
  5. Should I start with a small amount or a lump sum amount?
  Let us start with all of these one by one - 


Q.1 Should I take a loan? 

Answer: NO. NOT AT ALL. 

Q.2 Should I start with a lump sum amount?

Answer: NO. You should start with a small amount (a thousand rupees even). Remember that gaining experience, knowledge is critical when you begin your stock market journey. 
Keep in mind that 1,00,000 - 1,00,000 is ZERO, but so is 1000 - 1000 !! 

In fact, with 1000, you could try a 100 times if you have a lakh of rupees!

Q.3 How to arrange for this amount?

Answer: I am going to recommend four simple ways to arrange for the capital.



   1. STOP wasting money on flop movies!  

   

     
 
    OK, now I'm not saying you shouldn't watch movies at all, but you should avoid splurging!

The movie tickets, the popcorn tubs, the water bottle costs...you know that!


2. STOP throwing unnecessary parties!

 "Hey....the Sun still rises in the east!" 😆

 Again, I am not saying that you should stop celebrating success. But avoid unnecessary expenditure.


3. STOP the unwanted shopping!

 

There are so many things/products that we buy only to regret later. You can save this money and use it wisely. 

4. Quit bad habits/addictions!


 



Actually, this one is the easiest thing to do. This is important for a dual benefit. If you quit your addictions/bad habits you will gain wealth and health!


Q.4 Where should I open the trading and demat account?

Answer: Any broker authorized by SEBI will do. (in India)



 
There are two types of brokers - a) Full broker  and  b) Discount broker


a) Full brokers

 They have higher brokerage charges because they can be easily approached. They have their offices in all the big suburbs. They can even assign a personal manager for you sometimes.

Examples: 
(I do not have any vested interests. These are only examples. You should make your own choice.)

 





b) Discount brokers - 

 They have lesser brokerage because they do not have shops/offices all over. They simply provide you with a trading platform. You can open an account with them once you have gathered enough experience. 
  
Examples: Again, make your own choice. I have an account with Zerodha.


               


Q.5 Will I be able to do it? 

Answer: Yes. You can! Let me quote my own example. I had no one in my family who was into the stock market. In fact, I come from a background where even the word 'stock market' was looked upon very suspiciously. So, if I can, so can you!

As I said - Go steadily. Have a positive approach. Try to learn. Start with a small sum.

You will surely succeed!


Hope you liked the detailed explanation.

Leave a comment.

Cheers!





 
 नमस्कार ! 


सरल, शुद्ध हिंदी प्रतिशब्द - २ 



आशा करता हूँ की आप अपने दैनंदिन संभाषण में इन शब्दोंका अवश्य उपयोग करेंगे।

आपका आभारी !




Is share market just gambling?

Hi guys!

So is share market just gambling?

To answer this, we must first ask- what is 'gambling'?

In my opinion, any act done without knowledge, without study, without experience, and without practice can be termed as gambling.

For instance, what if someone took you to the cockpit and suddenly asked you to fly the plane...

The result ...?

Now you will have understood my simple definition of gambling stated above. In this situation if you attempt to fly the plane, it is gambling!

The reverse of that is also true. Any act done with proper knowledge, with proper study, with enough experience, and with regular practice will not and cannot become gambling!

(Just like when mom is cooking in the kitchen - fine! But when dad enters the kitchen for the very first time and attempts...!! Risky!) 😆


Another example: Let's consider a situation where you need to go someplace. There are two people who offer you 'a lift'. One is Mintoo, and the other is Pintoo.
                 
        
        Mintoo
    Pintoo

1. Mintoo has a driving licence                              1. Pintoo does not have a driving licence
2. Mintoo drives regularly                                      2. Pintoo has no regular driving experience
3. Mintoo is a teetotaller                                         3. Pintoo is a barfly
                                                                                4. Pintoo has only seen others drive!


Whose offer should you accept?

Well, going with Mintoo is a better decision, and as per my definition accepting Pintoo's offer is a gamble - a risk of life!

Does it mean that when you're with Mintoo there is NO RISK?

There is always a risk, but at least if you go with Mintoo, the risk is what is called - 'a calculated risk'!!

Do watch this video (it is in Marathi)!



Hope this helped!
Do leave a comment.

Cheers!

Friday, May 22, 2020


  May 22, 2020 - Friday

   It was a great day. The students of the Vaidya's Chess HubⓇ decided to contest in a private tournament. I've posted the image of the final standings below.

Well on the economic front- the RBI governor today cut the REPO rates, but I feel more was needed.
After all, as they say, extraordinary circumstances demand extraordinary measures!

Today there was a plane crash in Pakistan, and while listening to the news, I realized that the Indian Hindi news channels speak a lot of Urdu words. There was little difference between their language and their Pakistani counterparts.

Since I am into pure Hindi as well... I feel the kids need to be taught Hindi well. Else the next generation might not be able to speak Hindi. (They would speak Urdu NOT Hindi)

Hindi words are really easy, but it is all a matter of usage, and habit.

एक उदहारण प्रस्तुत करता हूँ.


    हिंदी इतनी मधुर एवं सुंदर है किन्तु हमे इसका प्रचार करने की आवश्यकता है.


OK. Anyway, it was a satisfying day.

Cheers!








Purvesh is a piece up! And he could have won!

The performance of the students!

A win in the classical game! [Scandinavian defence] 1-0


One minute English challenge # 2


Hi guys!
This is the "One minute English challenge # 2"


Leave your score!

Cheers!

Do not try to be likeable!


    Hi guys!

  I wish to share an important thought with you - "Do NOT try to be likeable!"



Leave your comments!

Cheers!

ameyav (me- white) vs Durvang (my student- black)


Enjoy the simple yet effective attack on the castled king!

Leave your comments!

One minute English challenge # 1

Hi guys!

Here is a good one minute English challenge - Affect vs Effect

Cheers!