DSIJ Mindshare

We agree that trading is not as simple as it appears. What distinguishes successful traders from unsuccessful ones? What do successful traders do differently to benefit themselves? They possess - discipline, courage, and patience! 

The year 2022 has been so far, rough for investors globally, and the situation is no different for an average Indian investor. Standard and Poor's (S&P), Bombay Stock Exchange (BSE) Sensex & Nifty stock market returns have been in the negative this year, being very little for the investor to cheer about. The Indian equity markets are undergoing a cycle of correction. The global crude oil prices and supply chain constraints owing to the Russia-Ukraine war and the post-pandemic global inflation have had a negative impact on the Indian investor.  

Everyone wants to have a safe and happy future. We all have a zest for achieving our goals in life. It is not easy; it takes a lot of hard work and time for us to achieve it. Similarly, financial goals that we set for ourselves for a longer period of time are termed long-term financial goals. 

During the COVID years, the total fiscal stimulus by various nations had exceeded $10.0 trillion, which expanded the money supply and caused global inflation, particularly, in the USA and other such developed nations. Russia and Ukraine war has disrupted the supply chain of essential commodities like energy & food, aggravating global inflation. India is also affected to the extent of importing commodities like energy and fertiliser. However, considering good diplomatic relations with Russia, the impact is somewhat diluted.  

Buying a home is that one dream, which is harboured by every young man or woman. Many people take a lifetime to buy their own house while some achieve it early in their careers. While young, most working professionals do not think about owning a home. However, if they start taking the baby steps towards owning an abode early in their career, they might own property very soon.