It’s Important To Start
Stock markets is the most difficult place to make easy money~ Nithin Kamath
Right from the early days, stock markets were a household concept for me. My father used to be a stockbroker since the early ’90s and market jargons were an integral part of the dinner table. I rode onto the bandwagon fairly quickly while getting intrigued with all the charts and numbers. From the age of 16, I started tracking the markets on a regular basis, but could barely make sense out of it. I knew that theoretically learning about stocks in specific and markets, in general, would be a cumbersome task, and hence I started keenly observing my father’s dealings. Now it did not change things dramatically overnight, but when I look back at this small journey I have had until now, I could connect the dots. Those trifle and minute observations have helped me immensely, just in terms of building a suitable temperament.
Whether it’s markets or otherwise, observations go a long way. Not everything is there in textbooks.
I always wanted to start investing money in the markets but somehow did not start. Until last year. I invested a modest ₹11,000 in the early part of 2020, to begin with. Never did I realize that the start was all I needed. After 12 months, I am entrusted with managing my father’s entire capital.
Bottlenecks trick us into believing that nothing can be done about them. We’ve to break them, anyway.
But why the urge to start early? Compounding. Yes, it is perhaps the most popular market narrative and yet the majority of us fail to understand it clearly. I won’t get into explaining the process but will attach a video link that is one of the best explainers on the concept. The thing we need to realize early on is that there are certain core principles that need to be fathomed in order to create wealth.
Income and Wealth are not one and the same. There may be hacks to the former but none to the latter.
Now the question you would be asking yourself is, ‘Will I make money in the markets?’ Well, no one can answer this but you. And the way to find out is to actually step on the field. Not a single person can tell you what will happen to your money after a trading session. There are uncertainties and volatility and you need to make peace with it.
Certainty has never made anyone an outlier.
The motive behind taking this step to share notes is to nudge each one of you who is waiting on the sidelines to get the ball rolling. It’s incredibly natural for us to have self-doubts and to keep pushing the burden, but nothing seems more fulfilling when our risk bears fruits. In the subsequent blogs, I will be sharing nuanced pieces on the dynamics of the Indian stock markets focusing on specifics. No time is the right one if you're unwilling to take the first step.
