True, people don't share all their trading secrets. I was referring to people who once they become experts or knowledgeable in a field, are bursting with enthusiasm to spread the gyan and share it. Especially those who are self-taught and amazed at the results of their hard work and research. Such "experts" are not always the best teachers. I was like that about the way to supplement public school education in grades K-5. : ) A mum looking for this info would have been well advised to take my help and knowledge-outpour with caution and imbibe in very small doses. : )
There is this "course" that I was making for DD. Writing down assets, money market account, stock, diversifying etc etc. With practicals. I initially thought of sharing that here. Then, I felt like @shravs3 and @Anusha2917 will wonder why they asked a question in the first place. So I get this completely!
I love all your posts in the thread lavani! All are FP winners in my books. I particularly liked the above quote. I'm going to use your quote with my DD. This is something that I often forgot back in the day! Very few people I know have been successful in timing the market. The lure was so real though. Thanks for mentioning this, love the way you put it.
Please share! I had once created a bunch of bookmarks. For some I wrote "read sections # this and that." LOL.. sarey sapney kahin kho gaye. DH and I have decided until a kid starts a real job, she won't know the value of money or care about investing related gyan. Naah.. they won't wonder like that... They are good girls. : ) Do share if you can. We could even collaborate in curriculum creation. : ) ====== @Anusha2917, jokes aside... the next few months and year or two are going to be among life's busiest for you. Unsolicited advice: If you are looking to get back to work, let that preparation take priority over learning about the stock market. An 8 hour job is a prized possession for reasons beyond the money it can bring.
Love this thread ! It will be great if newbies like us can be guided by experienced folks. I feel quite excited to come back to this thread for finance education .. with that indusladies touch and we already hit gold on the advise of first investing time on career than trading !!
Bingo!! The most sensible advice you give which is why I love your replies. My mind n heart lies in a 9-7 job.. However my husband had this plan for me (plan B in his mind ,maybe, he doesn't reveal because he feels I may not get that dream job but then I trust myself more than he trusts my ability ) . In the month of May he wanted to me to start on a course related to stock markets. I don't know if I can get into this full time. I'm praying by then I can land into that dream job. I understand from here that I need to invest that "extra cash " into stocks/shares . At this point of time neither me nor hubby have that extra. New house ,new baby Old in laws and parents. You'll understand where the money would just be flowing. However just wanted to start somewhere to assess myself. Whether or not this is for me. As long as I'm clearing my cache in IL and able to login for the next few years this thread is going to be handy for me. These tips are going to help me if not today but say 5 years from now ? Oh BTW here in a apartment finance group there are these talks going on every day. He asked me to Join and I did only to notice that I know nothing of what they are discussing. I don't want that group to be another dead Group where I see and there are 400+ messages and I just scroll to the last message. Someday I wish to participate in that discussion. Someday!
Bullish from what I can see. I went back to look at an ETF I used to own and some giants. All seem to be in a deep slumber. I would assume so but in a year since the pandemic those funds haven’t shown the gains. It could be the low before the peak. Logic points one way and the market behaves another sometimes! This is a good question for a professional. Do you have services like that where you live? You could avail an hour or two from a vetted pro to understand and plan.
Random thoughts: Totally random... not specific to you even it says "you" anywhere. - It is very important for the (long term) sanity of a mother to get regular time away from home. That "time away" should come with job like requirements. "me time" or "volunteering" do not serve the purpose of giving a non-negotiable break from home. - It is very important for a girl child to see mother earning a salary or making significant money from own business. - Husband (and others) and sometimes the (new) mom herself will think she has dispensable time now that the "baby" is a toddler, now that the baby is sleeping through the night, now that the child is going to play-school 2 hours daily. That is a false perception. The list of things a mom does that do not even make it to her own mental to-do list is endless. : ) Not scaring you.. you already know the nature of these lists, I am sure. Net-net there is nothing like an 8 hour job. Even if there are gaps in that employment, as long as one is employed or actively looking for a job, all is well. I sometimes wonder what if I had gone back to gainful employment earlier ... then I invoke all of my mindfulness chops to acknowledge that train of thought and send it on its merry choo-choo way. : )
Really good points and exactly how I reclaimed my sanity and identity after working from home for almost 6+ years. I was working from home during my first pregnancy and until my son turned 3 years old. I was already working from home from almost 2 years by the time I got pregnant. I had this emptiness in me and could not feel that deep satisfaction. I travelled once or twice a year for trainings or seminars, and gave me some sort of solace but still there was this vacuum. By the time my son became 3 I was almost cruising in my job and was torn if I am giving enough on both fronts - job and raising my kid. Then we had to relocate and I started going to work right before the second pregnancy. Externally the setup felt good but lot has changed internally and before I could connect the dots and navigate efficiently, I fell extremely sick in first trimester and had to start working from home again under special circumstances. My team and technology is male dominant. During this second pregnancy and baby's first year I lost very good opportunities for promotion and recognition as I was unable to travel and had little support at home. By the time my second kid turned 2, I completely lost myself - and it rolled over to every area of my life. My routines, relations , self talk victimizing myself .. It was probably post partum depression too and I did not have time to pay attention. I had couple of good friends who supported me and slowly I started addressing mental health. Now, it is a journey from around 1.5 years understanding myself on how I should prioritize my day , my values , how much to sacrifice and who to pay attention to and whom to ignore. The wonderful responses I have been reading here on Indusladies also helped a lot and supported my views on how to navigate adversity and conflict women face every day ... Coming back to the topic - I see learning about stock market, finance education or paying attention to news from market perspective is more like a way to keep yourself engaged in a slightly productive way. I have stopped binge watching netflix or amazon and just watch one movie per week. So, this will be more like a hobby or something I can learn in spare time. - I can have conversations or be around the people who are talking about stocks with out getting bored, especially male colleagues who day trade at work or boast their knowledge in a subtle way - Understand how my husband is investing and kind of keep an eye on him . He went big on Tesla and made good gains in past 2 years. He is more of into value investing. These days he is also into day trading and I am little scared and want to know what he is doing exactly. - It also give us another topic to chat few minutes a day as we are becoming more and more aloof with our own interests and priorities outside of family responsibilities. I may have hijacked the thread a bit but I feel it is so relevant to kind of understand your WHY and WHEN and HOW mindfully and choose the right ones. More so for women for whom free time or spare time is mostly a myth !!!
