Investing lessons to be learnt from cricket

Many Indians love cricket. Cricket is one of the most discussed topics in any group of Indian men. We surely can learn investing lessons from cricket. Time for fun, shall we begin?

There is a popular saying in cricket “No match is over till the last ball is bowled.” Go ahead, read and understand the statement before proceeding.

In case you are wondering if you read the title and the previous paragraphs right, here is a clarification. We are indeed talking about lessons from cricket that can be applied to investing. Some imperative investing lessons that cricket has to offer can be applied to investing too.

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Be aware of the game you are playing

Cricket is played in various forms. Similarly, investing is done in time frames or horizons of time such as short term, midterm and long term. Short term goals can be completed by three years while midterm goals take 3 to 5 years to complete and long term goals take longer than 5 years for completion.

Build your team

Asset allocation and diversification is your team in investing. You might want to decide your risk appetite and move ahead with your investments. Having a good mixture of assets and diversifying them well (neither too much nor too less) will provide optimal results.

Captain

The captain is expected to bring out the best in his/her players. You, as a captain of your investments, have to estimate the circumstance, determine what method has to be implemented and take appropriate actions. This can be done if the captain knows his/her players well (their strengths and weaknesses).

Burdens have never been good

Save and invest regularly. Start doing this at the earliest. This is because delay puts pressure on you which make you put pressure on your investments. Putting pressure on your investments works like Karma, you suffer losses. Start investing responsibly as early as possible and continue investing regularly.

Take calculated risks

If you target a large score, you won’t blindly hit the ball in any direction. You plan, you check what has to be done. This is the same while investing. wealth creation and meeting financial goals take some amount of risk but you must take calculated risks.

Patience is a virtue

In general, in cricket and even in investing, patience truly is a virtue. Rome wasn’t built in a day. Don’t be hasty, remember the adage “Haste makes waste”.

That is all for now!! Do like, share, comment and follow for more content!

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Sunshine Blogger Award

Thank you very much, itslifelyn, for selecting me to be a part of the Sunshine Blogger Awards.

Kindly do visit his blog at the below link.

itslifelyn.home.blog

I’m indeed honored to be a part of this.

The Rules-

Thank the person who nominated you and provide a link back to their blogging sites.

Answer the questions.

Nominate 11 other bloggers and ask them 11 new questions.

Notify the nominees about it by commenting on one of their blog posts.

List the rules and display the Sunshine Blogger Award logo on your site or on your post.

Q & A

  • From what part of the world are you?

I am from India, which is a country in Asia.

  • Which is the most beautiful place to visit in your country?

There are many beautiful places in India, but I would say Ooty, which is in Tamil Nadu, a state in Southern India.

  • What do you advice tourists to do when they visit your country?

“Guests are treated like God in India. Savor the spices and get mesmerized in the rich cultural heritage of India.”

  • What is your hobby?

My hobby is writing, drawing and travelling.

  • What kind of books do you read?

I generally read historic narratives, fantasies, fiction and legendary tales of yore (Indian, Greek, and so on)

  • Who is the world leader you admire?

APJ Abdul Kalam

  • What do you admire about him/her?

Known as the missile man of India, Abdul Kalam sir was everything from being a teacher, scientist, innovator to being the Honorable President of our country, etc.

  • What is your favorite possession at the moment?

Some of my old books and the toy scooter I used as a kid

  • What is your dream vacation?

Japan, China, Europe and the Americas.

  • What is your biggest dream as a blogger?

To travel countries and write about them, to become a blogger and writer, and have many readers.

Shantanu Baruah @shantanubaruah ckon@fab.com

Image Earth Travel @nilla2014 imageearthtravel.com

Enjoy blogging

Thank you

Good luck

The Importance of the Navarathri festival

Navarathri (Sanskrit- नवरात्रि) means nine nights. The other names of this Hindu festival are Vijayadashami (Sanskrit- विजयदशमि), Dusshera (Sanskrit- दशहरा), Dasara and Durga Puja. This year (2018) the festival starts today (10/10/2018).

This grand 10 day festival celebrates the victory of good over evil. There are multiple legends related to this festival and why it is celebrated.

This festival carries utmost importance in many parts of India. Mysore, for instance, has a long tradition of celebrating the Dasara festival with grandeur and pomp. It has been over 4 centuries (400 years) since this tradition began in Mysore.

The legends associated with this festival are as follows:-

1. Goddess Chamundeshwari slays the demon, Mahishasura

Mahishasura was an evil demon who took the form of a buffalo and hence his name Mahisha. Asura means demon. He practically destroyed planet earth and would often wage wars with the Devatas or Gods so Goddess Durga led a battle against Mahishasura and killed him.

2. The day Lord Ram, his wife, Sita and brother, Lakshman returned to Ayodhya

In the Ramayana, Lord Ram is exiled to the forest for 14 years by his stepmother. His ever dutiful wife, Sita refuses to stay in the palace and wants to accompany him. Ram’s brother Lakshman decides to go with Ram and Sita rather than stay in the palace. Sita is kidnapped by Ravan in the jungle, due to which a huge battle ensues and Ram’s army emerges victorious. After slaying the demon Ravana and the completion of their 14 year exile, Ram, Sita and Lakshman return to Ayodhya during Vijayadashami.

What is done during this festival?

Reverence is paid to Goddess Durga (Chamundeshwari), Goddess Saraswati and Goddess Lakshmi. The Goddess of knowledge, Saraswati is worshipped by placing books (and any learning material such as musical instruments, etc.) in front of her. The Goddess of wealth, Lakshmi is also worshipped. Even other Gods such as Ganesha, Kartikeya, Shiva and Krishna are remembered and worshipped regionally.

Vehicles and instruments are worshipped, fasting is done and mantras are chanted. It is remembered that virtue always reigns over vice and that truth always triumphs.

Today, this festival is celebrated worldwide mainly by Hindus especially in countries where Hindus are significant or large in number.

Wishing you all a Happy Navarathri, Vijayadashami, Dusshera (or Dasara) and Durga Puja. May Goddess Durga, Goddess Lakshmi, Goddess Saraswathi, Goddess Sita, Lord Ganesh, Lord Kartikeya, Lord Ram and Lord Krishna bless you.

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The Chronicles of Mahishmati

The sky was crystal clear and soft music was being heard. Birds were chirping merrily while the people joyfully went about their daily tasks. The palace was looking majestic and had not succumbed to the ravages of time.

It was a pleasant morning. Just then, the wails of a newborn was heard! The royal family was pleased!! They promptly gave gifts to everyone who visited the palace to see the mother and the newborn. The people were so happy that festive celebrations were held! The boy was named Ashwath.

Around the same time in the house of a wealthy but prestigious family, the wails of a newborn was heard! The relatives were happy and blessed the mother and the newborn. The newborn was a girl and was named Deepa.

Meanwhile, Ashwath always had visions of having seen the palace in an earlier time. He remembered vague faces and even knew by heart the names of the portraits that were there in a large room at the top of the palace. He had met them before, yet was seeing them for the first time. So he often asked his parents who the people in the portraits were. They would say “Your forefathers who ruled this great land for centuries before the Europeans came to India” The land was a metro city and a heritage city, Mahishmati.

Similarly, Deepa had a longing to visit Mahishmati since her childhood for reasons she herself didn’t know. She often felt something was void. She had an unexplained feeling that she had lost something valuable and important and would find that in Mahishmati. She was a history and archeology student. She was fascinated by the past and the rich cultural heritage of the country.

Ashwath would also have dreams of being stabbed in the back at the age of 25! Not to mention that he had such visions when he was only 20!

He knew that something was void but didn’t know what. He lived in the 21st Century yet had memories of living with the people in those portraits at a time prior to the arrival of Europeans.

Deepa wanted to complete her studies and go to Mahishmati to find out what she really wanted. She remembered vague faces and even felt a close connection to some names in her history textbook. She felt as though she knew them and lived with them in another era.

She knew she lived in the 21st century yet had such visions. She particularly found the history of Mahishmati interesting. She liked the story of that king who was bought up as a commoner, slayed the wicked emperor of Mahishmati (who not only happened to be his fathers murderer but also happened to be his uncle) and became king. This was the same with Ashwath.

Deepa and Ashwath ‘remembered’ that Kunthala and Mahishmati were two separate kingdoms once upon a time. This was even before they studied this fact!

A few years passed by. Both of them continued having strange visions from the past.

Deepa landed at Mahishmati International Airport after finishing her studies. She was determined to find out what urged her to visit this land so much. She had landed a job in Mahishmati, to her immense joy.

During the weekend, she would travel Mahishmati and visit historic sites. She went to a place called Kunthala and saw two large statues. She immediately recollected them! She knew from the depth of her heart that she knew the people whose statues were standing!

Ashwath had also visited Kunthala that day. He too had vivid memories of the people whose statues were erected. Then his glance fell on Deepa. She too looked at him.

A strange connection happened instantly, as though an electric current passed through both of them. They thought they knew each other, not in this life, but in a previous life.

Instantly they became friends. Ashwath took Deepa to the palace and introduced her to his parents. This was his habit, introducing every new friend he made to his parents. He also had a habit of making his friends stay at the palace for a few days at least once during their friendship.

Deepa looked at the palace with wide eyes! Just like Ashwath had felt in his childhood, she too felt she was familiar to this place despite visiting it for the first time. She recognised the people in the portraits by name and she was right!

Their friendship grew. They felt a deep connection with each other which they didn’t know the reason for. Ashwath asked Deepa to stay in the palace and go to work rather than stay in a tiny PG near her workplace. She agreed reluctantly as she felt she might be troubling Ashwath.

She got used to living in the palace rather sooner than any other friend of Ashwath had in the past! Her friendship with Ashwath grew stronger as days passed by.

When Deepa’s parents visited her, they were shown the royal palace too. They were happy that their daughter, otherwise a shy girl who never made many friends, had made such a good and trustworthy friend.

When they left, Deepa was unhappy. She knew she would miss them again. Ashwath decided to cheer her up so he played his favorite music. He himself didn’t know why he liked that ‘ancient’ music but he always played it whenever he felt unhappy or someone he knew felt unhappy. The music he played would often cheer up everybody who heard it.

Deepa was awe-struck for a moment! She was hearing it for the first time yet it sounds so familiar! (Check the music Bahubali plays at the end of Dandaalayya <Tamil- Vandhai Ayya; Hindi- Jay Jaykara> song)

That instant turned out to be the realization moment! Deepa was Devasena in her past life. Ashwath was Amarendra Bahubali in his past life! They remembered scenes from their past lives in the form of visions and dreams all these years!

They stared at each other as their eyes welled up. They were madly in love by then. They were, by now, convinced that they were Bahubali and Devasena, had lived before but for less than a year!

They then remembered the statues at Kunthala which were those of Devasena’s elder brother Jayavarma who was the last ruler of independent Kunthala, and that of Kumaravarma, a warrior and close friend of senior Bahubali.

They rushed to the top floor and stared at the portraits again. There was Shivagami, Bhallaladeva, Amarendra Bahubali, Devasena and even their son Mahendra Bahubali. There was a family photo of Ashwath as a baby with his parents and grandparents.

In that room, they had tears of both joy and sorrow. They had received all memories of their past lives such as how they met at Kunthala, what happened after they went to Mahishmati and the rest of what happened till their respective deaths in their past lives.

Deepa rushed to Ashwath as she sobbed. With her head on his chest, she remembered her struggle as Devasena and was glad that she was reunited with her past life lover and husband.

Ashwath too was glad. He embraced her warmly even as he too wept. He had lived a short life in his past life and couldn’t even meet his son (Amarendra was was killed during his sons birth).

They decided that they get married and live together, something they couldn’t do (Bahubali was killed by Kattappa in the first year of his marriage with Devasena).

Ashwaths family and Deepas family were happy and so were the people of Mahishmati. The wedding took place with great pomp and splendour. Deepa continued her job while Ashwath continued taking care of the palace and the Mahishmati University that was run by his family. It was founded by Surendra Bahubali’s son, Veerendra Bahubali.

Ashwath and Deepa lived happily together and were blessed with a son too. On the day of delivery they had another vision in which their son from their past lives, Mahendra Bahubali would be reborn as their son in the current life!

The boy was named Madhava. Madhava had memories of his past life even before being shown the portraits as an infant. He remembered everything and knew that a secret dream from his last life as Mahendra Bahubali, that of living with his parents, had come true.

We discussed about Mahishmati after Mahendra in the previous post. We learnt that Mahendra Bahubali’s descendant, Surendra Bahubali and his posterity would live in the Mahishmati palace but wouldn’t rule.

This story is the continuation of the previous one, Mahishmati after Mahendra. This is set in modern day Mahishmati. I felt Amarendra should live happily with his wife Devasena and their son Mahendra in a future life. That was why this post was written. For more information, like, share, comment and follow me.

Also read Bahubali Teachings

Easy ways to beat Lifestyle Inflation

Inflation is one of the biggest financial obstacles we constantly face. The bad news is that inflation will continue to rise. But the good news is that we can beat inflation by investing wisely.

What is inflation?

Inflation is a constant rise in the rates of goods and services in a particular economy over a span of time. In other words, inflation is the rate at which the prevailing level of rates for goods and services increases, consequently reducing the purchasing power of currency.

What is Lifestyle inflation?

Lifestyle inflation means rising your lifestyle habits along with the rise of your income. For example, going to Starbucks for coffee now that you have money to afford coffee there.

Why does this happen?

When you start getting surplus money, you tend to feel like purchasing more, showing off, etc. Keeping up with the Joneses or trying to impress society is one major reason for this.

What are the consequences of this?

There are negative consequences of doing this such as getting into more debt or staying in debt and forgetting to save for emergency, retirement and other goals.

How to avoid Lifestyle Inflation?

Here are some tips to avoid Lifestyle Inflation

1. No need to keep up with the Joneses

Quit trying to impress other people or copy others lifestyles. See if you really want something rather than wanting it because society thinks it is status to possess it. Be satisfied with what you have rather than competing to buy the latest and newest things all the time.

2. Understand that material goods bring happiness only to a certain extent

Material items bring happiness as long as you don’t go overboard, compare what you have with others, and desire what others have. If the limit is crossed, it becomes greed.

3. Know the difference between “need” and “want”

A need is a basic necessity like food, shelter, clothing, medicine, etc. A want is a desire for more (greed). Mahatma Gandhiji once said “The Earth has sufficient resources to fulfill every mans need but not every mans greed”.

4. Maintain a budget

A budget contains your monthly income, expenses, savings, investments, insurance products, financial goals and time frame to achieve them. Having a budget will show you how much you spend versus how much you save out of how much you earn.

5. Delay gratification

When you think you want something, wait for some time and ask yourself if you still want it really. This will help you figure out what you really want and what you don’t. Don’t go for impulse purchases.

6. Do it the old fashioned way

Keep your cards and online shopping at home. Walk around the corner, go to shops with a list of what you “need” and carry relevant cash. Since you are paying by cash, you will spend up to the limit. Since you aren’t shopping online, you will only buy what you need. Since you actually go out and make purchases, you will be less lazy.

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Mahishmati after Mahendra

There was a grand celebration. Delicacies were prepared. The streets were decorated and the people wore a festive look for the first time in many years. Freedom was granted to the people after a 25 year slavery period by the wicked tyrant who ruled earlier. But he was killed by the rightful heir to the throne. It was his coronation today.

The new Queen mother and the foster parents of the new king were waiting on the dais. There came the new King and Queen in all their glory!! It was the coronation of Mahendra Bahubali, the virtuous son of Queen Devasena and the deceased King Amarendra Bahubali. Devasena had suffered for 25 years as the evil king, Bhallaldeva chained her and tortured her. She waited for her son and he came!! His foster mother, Sangha was the head of the tribe he grew up in. Mahendra and his Queen, Avantika took the blessings of the elders.

The coronation went well, the people were all excited. They thought everything would finally be normal in Mahishmati and Kunthala kingdoms, which was later merged. Now Kunthala would remain a part of Mahishmati for the centuries to come.

Back in the palace, Devasena, Mahendra, Avantika, Sangha, her husband and some soldiers along with Kattappa were taking a look at some old portraits. Mahendra was surprised to see how he resembled his father and grandfather. Avantika mistook them for Mahendra when she saw them the first time!!

“You don’t have to keep asking forgiveness, Kattappa”, said Devasena, “you are forgiven”. “I am not a royal member of the family, but I am just putting forth my opinion. I think you should retire, Kattappa. You’re already bent with age” said Sangha. Kattappa smiled and said “My retirement shall be when I die protecting the King” Little did he or anybody know that evil was lurking in the shadows. The snake had been wounded, not killed.

The queen soon gave good news and the entire kingdom began preparing to welcome the new heir of Mahishmati. One day, Mahendra along with the ever dutiful Kattappa was looking at the portrait of the late Queen mother, Shivagami and wishing that he had met his dear grandmother. Well, he was about to!!

In came Saketha’s son with a mask and stabbed both Kattappa and Mahendra in their backs in a split second!! The Queen was just giving birth at the time and the Queen Mother along with Mahendra’s foster parents was also present. The Queen Mother happily announced that the newborns name would be Vijayendra Bahubali. Everything was fine until certain screams were heard from the other side of the palace. A guard suddenly walked in and said “Bijjaladeva’s men have teamed up with the Mughals and assassinated His Majesty, Mahendra Bahubali and Kattappa! They are on the lookout for the Queen Mother, the Queen and the newborn! They want to kill the newborn especially! They have taken control over the palace! I have come here to safely escort you all to a safer place.”

Everyone was devastated!! Crying, they all ran towards the river. All their dreams were shattered. The Queen had dreamt of a life with her husband and newborn. The Queen Mother had lost her son again, this time to death. She had waited for her for 25 years since his birth, had reunited with him only to lose him again in a span of one year! The foster parents of Mahendra were killed by arrows even before they left the palace.

Avantika couldn’t run and she fell down, but not before giving her son to Devasena. She was killed later on. Devasena escaped into the river but couldn’t swim as she was sad. She drowned in the river while holding her grandson in one hand above her head similar to how Shivagami held infant Mahendra many years ago. The citizens of Mahishmati were devastated. They had lost their rightful heir yet again.

The Mughals took over Mahishmati and merged it with their empire. They appointed one of their men to take care of Mahishmati. The Europeans started coming to Mahishmati and they built English schools, hospitals, etc.

Vijayendra Bahubali meanwhile had come back. He was rescued by a relative of a Mahishmati citizen and was bought up in Mahishmati as a commoner. He got to know about his heritage and raised his voice. The Maratha King, Shivaji helped him the most in this regard. They released Mahishmati from the clutches of the Mughals and even made Vijayendra Bahubali the King of Mahishmati.

But the British conquered Mahishmati by taking over when Vijayendra wasn’t keeping well. Vijayendra died an early death, but in bed. The British took possession of Mahishmati and gave Vijayendra’s son, Surendra Bahubali a monthly pension. From then on, Surendra and his descendants would live in the Mahishmati palace but not take part in the ruling of the kingdom. The people had had enough by now.

They began killing British officers and civilians; they even took part in the famous 1857 revolt also known as the First War of Indian Independence. They gave their sweat and blood only to see Surendra Bahubali installed on the throne again. Then came World War I from 1914-18 and the British took their soldiers from Mahishmati promising to give independence.

However they broke their promise and didn’t grant independence to India. Leaders like Mahatma Gandhi, Subhash Chandra Bose, and many others came to Mahishmati to inspire people to fight for independence as one nation, i.e. India. The British wanted to put an end to this so they stopped giving pensions to Surendra’s grandson. This enraged the people more. They took part in the Salt Satyagraha, Swadeshi movement, Quit India Movement and what not.

The World War II started in 1939 and ended in 1945 but the British broke their promises again. They took soldiers from Mahishmati but refused to grant independence. Finally on the midnight of August 14th 1947, Britain granted independence to India.

Today, Mahishmati is one of the states in India and attracts millions of tourists per year due to the palaces and temples left behind in Mahishmati and Kunthala. The history of Mahishmati and Kunthala is taught proudly in all history classes. Prominent people who contributed to India in many ways and subjects like science, technology, music, arts, dance, literature, architecture and many more subjects, have been from this region. Statues of Shivagami, Amarendra Bahubali, Devasena, Mahendra Bahubali, Avantika, Kattappa, Jayasena and Kumaravarma have been built in this region.
Amarendra Bahubali, Devasena and Mahendra Bahubali were reborn in the same family! Read The Chronicles of Mahishmati 

Also Read Bahubali Teachings

Financial Commandments from the “Sacred Games”

Vikram Chandra had written a novel in 2006 titled “Sacred Games”. Based on the same novel, a web television series were made as the first Netflix Original from India. In June and July 2018, the series was broadcasted across several countries apart from India. The story is set in Mumbai, India.

While the series was appreciated by many and enjoyed by most people, here are some financial lessons one can learn from the series.

There are little to no spoilers in this article.

  1. Practice with patience

Gaitonde rose from trash to the king of Gopalmath with patience. He tried new avenues but failed time and again. He bore the brunt of financial losses and dismissed those who were potentially harmful to his business. Like they say “Rome wasn’t built in a day”. You have to be patient and practice hard.

When you invest your money, you have to be patient enough to let it grow. Be disciplined and work towards increasing your investments. Invest in the right schemes. Wait for the fruits of your labour to grow.

  1. Plan everything

You have to have a plan for everything. A goal is necessary as it will show you the path. If you don’t know where you are going, you will go anywhere, rather than a particular place.

Investing isn’t a piece of cake, so you should plan wisely. Start investing early; invest the right amount at the right place and be smart with your money.

  1. Teamwork is imperative

If in a team, not all members cooperate with each other, the team cannot progress. The team ought to be united in the first place. Remember the adage; united we stand, divided we fall.

While running a business, you are essentially investing money in your team. Their motivations, strengths and talent become important. You should ensure there is satisfaction and unity. The same goes for your investments also.

  1. Heed to professional advice whenever needed

A person who assumes himself/herself to be a Know-it-all will find it hard to succeed. When you don’t know something, better take quality advice. Gaitonde succeeded as he mostly listened to the advice of Kanta Bai, who had sufficient knowledge of how to conduct businesses.

It is good to consult a Financial Advisor, who is trustworthy and smart, for advice. Such a person would be able to advise you for the better.

  1. Control your emotions and think rationally

Emotions dominate our lives, but should not dominate our finances. Be rational when you invest money or take financial decisions. Emotions should never influence what you buy or sell, etc. Keep emotional thinking away from you while handling money.

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