LIC Agent in Nagpur

LIC Insurance :

You will cross the hurdle - में हूँ ना ?

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Everybody must have seen the viral video where a Japanese boy is unable to clear a hurdle in a gymnasium. 

On repeated attempts when he fails to clear his friends come together to encourage him. 

This encouragement helps him to cross over. 

While most of us speak about how Indians should learn from the Japanese, my thoughts travelled to the investment domain. 

I remembered that whenever the markets crashed and the investor failed to grow his investment, the investor does not find the much needed 'encouragement'. 

On the contrary the media shouts 'blood bath' from the roof top.

As 'advisors' our job is to motivate and encourage the investors and help him or her stay invested so that he can cross over his hurdles and find growth. 

But this can only happen if we ourselves have conviction in the stock markets. I have seen advisors themselves getting cold feet whenever the markets correct.

What will improve business for all of us is to have confidence in our economy and the markets based on logical parameters and certainly not 'prayers'.

Once convinced about the long term growth story based on fundamentals we no longer should ever succumb to 'fear' because of what could be the outcome of the next event whether it is FOMC meeting or ECB meeting or Monetary Policy or Inflation or Company results or Budget or any other macro economic indicator.

All the above may have short term implications. But then, did you sell SIP for the short term?

Let's show Japanese behavior in managing our investors' anxieties