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Navigating Financial Prosperity Through Disciplined Investing

Panelists at Outlook Money’s 40After40 Retirement Expo collectively reinforced the mantra for wealth creation: disciplined, long-term investing, patience, and a thoughtful approach to asset allocation.

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Amit Shanbaug
January 24, 2024
Disciplined Investing

Disciplined Investing

Understanding the mantra for wealth creation becomes paramount in the quest for financial prosperity. This timeless principle revolves around disciplined, long-term investment strategies. It emphasises the importance of navigating market fluctuations with patience, seizing opportunities during downturns, and avoiding emotional decisions.

This was the topic of the panel discussion at the Outlook Money Retirement Expo 40After40, where four subject experts gave their valuable insights. The panel discussion, The Mantra for Wealth Creation, was moderated by the editor of Outlook Money, Nidhi Sinha.

Deepak Shenoy, Founder and CEO of Capitalmind Financial Services, explained the significance of consistency in wealth creation. He advocated for a disciplined approach, especially as one age, highlighting the impact of staying invested during challenging times. Shenoy drew parallels between the Harshad Mehta scam in 1992 and the positive market performance during the Covid year, underscoring the resilience of staying the course.

Also Read: At 40 I Became Courageous: Neelesh Misra Shares Story Of Continuity At 40After40 Retirement Expo

Shenoy stated, “It is very difficult to time the markets and predict. The diversification possible in the stock markets is difficult in other asset classes. In a long-term time horizon, every fall is an opportunity.”

Anshul Arzare, MD & CEO of YES Securities (India), expressed concern over the growing trading trend over investing, particularly in the futures and options (F&O) segment. He urged the younger generation to adopt a more long-term and disciplined approach, emphasising the importance of value investing. Arzare cautioned against emotional investing and encouraged rebalancing, drawing a relatable analogy to maintaining a healthy lifestyle.

Arzare advised, “Don’t get into emotional investing; value investing is more important. Rebalancing is important. Just like if you have too many sweets on a single day, it is important to run a bit extra to ensure your well-being.”

Also Read: 40After40 Retirement Expo: How Is Mythology Intertwined In Our Lives, Is ‘Vanaprastha’ About Retirement? Devdutt Pattanaik Explains

Sushant Bhansali, CEO of Ambit Asset Management, stressed the need to define wealth creation goals and highlighted the role of assets working for individuals. He informed about the importance of thorough research and personal viewpoints in addition to financial planners’ advice. Bhansali recognised the inherent risks in equity investments and encouraged proactive retirement planning.

Bhansali stated, “Wealth creation can be for income generation and also for financial freedom. Assets should be working for you. Equity is one of the riskiest asset classes. Invest towards your retirement and proactively do so.”

Vasanth Kamath, Founder & CEO of Smallcase Technologies, stated that he believes that true wealth creation is achieved when our assets work for us, providing financial freedom. He said, “It’s crucial to avoid assuming historical trends will persist without scrutiny. Rather than blindly following performance, understanding one’s financial landscape is the key,”

Also Read: In India, 100 Mn Families Are Heading For A Retirement Disaster, Says Saurabh Mukherjea Of Marcellus Investment Managers

Kamath stressed that while professional advice is valuable, personal education empowers us to make informed decisions, ensuring confidence and the ability to course-correct when needed.

The panellists collectively reinforced the mantra for wealth creation: disciplined, long-term investing backed by research, patience, and a thoughtful approach to asset allocation. The convergence of their insights serves as a valuable guide for individuals navigating the ever-evolving financial planning landscape.

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