Hi and Welcome to InvestMindset. This website is dedicated to you to help you level up your game of money, investing, mindset, and happiness.
Why did I start this site?
Vast majority of individuals are failing financially. Some of the common mistakes they make: taking too much debt, becoming the victim of lifestyle inflation, not being able to understand compounding, mixing insurance with investments, buying stocks based on tips, not being able to crack the credit card mystery, not having a term or medical plan, not maintaining emergency funds, in fact, not being able to distinguish between assets and liabilities.
All these things are not taught in schools. So instead of understanding all of these basics themselves, people leave it on chance and when the time is bad, they say: “Life is hard.”
I was born in a typical conservative middle-class family where investing in stock is considered a kind of glorified gambling or you’d lose all your money. “It’s too risky,” they say.
The only investment options we consider “safe” are Gold, Real Estate, or Fixed Deposit. But what people don’t know is that gold doesn’t make you rich, it only keeps up with inflation. If you’re starting from scratch to build your fortune, investing in real estate is not possible for many because you need huge capital at start and people often fall into the 30 year home loan trap. And the fixed deposit is a useless investment. Absolutely useless.
Since childhood, we’re taught to work by selling our time until our children are young enough to work and take responsibility to feed us. However, my approach to life has always been different. I like to discover things on my own and viewed everything that came across me from a broader perspective.
When I understood the concept of the power of compounding, I was amazed. Especially it’s application in the stock market. Because it is such a powerful force that can make or break your financial health in long term. It’s unfortunate that people ignore utilizing it to their benefit because of lack of knowledge and most often ignorance.
The second thing that amazes me is the Internet and the power of words. Its truly fascinating that just a few words can change someone’s life forever. Someone sitting in a different part of the globe whom you’ve never met and probably never will but can still communicate with them and share your thoughts.
Hence the idea of invest mindset developed. This web site is for people who are willing to learn stocks, investing, build an ever-growing invest mindset, and everything that helps them achieve financial freedom, peace, happiness and worry-free life.
I read whatever I get my hands on but my preferred genre are investing, corporate finance, history, and a philosophy. I aim to read a few hours every day and share my learning here or on Twitter. I have stopped watching the news, TV, and using social media for the past few years. I only use two social media for this blog. I’m more active on Twitter.
Imagine being 60+ years old and needing your children’s help to survive for all the expenses. When you had a 40+ year-long career, time, internet, and all the resources to learn and grow. I couldn’t imagine something like this hence I took some risks that have paid off. Based on my experience, I think the world is changing constantly and it is now a mandate to have an invest mindset instead of a fixed mindset should you wish to live a happy life or at least retire happily.
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I mostly use one social media platform to stay engaged. You can follow me on Twitter to stay updated with the latest information about finance and investing.