Category: Miscellaneous

10 Jul 2024 15:36

Joined:	05/10/2013
Level:	Gold
Points:	40060

Points:	5

If you don't know where to go, it doesn't matter which path you take. Is it so?

Just I was going through an article about the financial implications of investing in Mutual funds, the author quoted the lines - "If you don't know where to go, it doesn't matter which path you take". It made me to think. I doubted whether I moved further without any direction at any point of time. When you turn back to the pages, the simple sentence seemed to be true as we believe in God and leaving the result to the destiny.

While the quote is applicable in fiscal transactions where you afford to take risk in investments and you bound to face the market fluctuations.

What's your take on this quote?

#780875

10 Jul 2024 16:35

Joined:	10/12/2016
Level:	Diamond
Points:	109183

Points:	5

This is a very interesting post by the author. When we don't know where to go!
I think if we do not have an objective or goal in our lives or in any action done by us then it is immaterial how we proceed ahead. A wanderer moves from one place to another and has no fixed place in his mind as where his journey would end. This seems ridiculous but there are people who have just passed their lives without any particular goal in their lives and had a very simple life, contented with what they had, and never bothered for anything and managed within the available resources.
I had seen people living in some remote villages like that only confined to the little annual crop they had and even used to dry and keep many vegetables and roots for a rainy day.
If we analyse this quote from making a career point of view then it is a sign of disaster because we are acquiring some qualifications without knowing what for we are doing that.
Any action without aim or objective is meaningless.

Knowledge is power.

#780882

10 Jul 2024 17:45

Joined:	30/11/2015
Level:	Gold
Points:	1437

Points:	4

The problem with people is they want a risk free life, which is almost impossible. There is always a risk involved wherever you go. When you book a flight ticket and travel on airplane, there is a risk and you never know what may happen but probability is very low for such incidents. In the same way whenever you take a step towards investment in mutual funds, there is a risk because you never know when the next pandemic will arrive or when nation will start a world war. You need to keep all the risks in mind before proceeding. People investing Fixed Deposits also have risk, which is minimal because not many banks become bankrupt. Few years back a Maharashtra Bank collapsed and many senior citizens who had their FDs in that bank had a very tough time.

Thanks and regards.

#780883

10 Jul 2024 17:47

Joined:	02/06/2009
Level:	Diamond
Points:	145594

Points:	5

Just in a lighter vein, in Telangana, all RTC buses are providing the facility of free travel to all the ladies native to the state. So many ladies are travelling without having any plan to pass their time, I heard.
The author has brought out a very important point for discussion. One should not leave anything thinking that whatever has to happen will happen. Of course, destiny will play its role. But as an individual, we should have some goals in our lives and we should plan for reaching the goals. Think before you act. Once you start acting, try all possible ways to reach the destination you planned. Some obstacles may come and they may delay reaching our destination as planned. But don't give up.
There is another way. Take a chance that comes your way. but try maximum with a proper plan to be successful in the attempt. Then the future will be glorious, I feel.

drrao
always confident

#780896

11 Jul 2024 07:21

Joined:	20/01/2017
Level:	Diamond
Points:	25422

Points:	5

This is a thought provoking quote presented by the author.
There are many people in this world who are facing uncertainties in their lives and they do not perceive any concrete future plan or ambition in their lives. As they do not have any objective or aim they do not know what to do in their lives.
Certainly that is not a very happy situation. But when there is no goal in life then a person will not be focused or concentrated in the activities that makes him to reach or achieve that goal.
He would do the things whatever are coming in his way for earning the bread and butter but he will not be able to think beyond that. As he has no defined path in the journey of life so whatever comes in his way he would accept it.
Every action in our lives should be related to some objective to be achieved in future. If it is not then life will be dull and uninteresting.

Thoughts exchanged is knowledge gained.

#780917

11 Jul 2024 17:37

Joined:	04/05/2009
Level:	Gold
Points:	31372

Points:	3

Yes. It is correct. We cannot go to place without minding the place. We can plan the route only if we decide the place of going. We should have some motive to move out. In Tamil one cinematic song was there 'kaal pona pokkile manam pogalaamaa, manam pona pokkile manithan pogalamaa?'. It means , 'no mind should go wherever the leg goes. No man should go wherever the mind goes'.
I read in my PUC English lesson that if the saddles are not tide no horse will go/run in the right direction.

#780927

11 Jul 2024 23:51

Joined:	10/07/2018
Level:	Gold
Points:	33872

Points:	5

Suppose, you are driving a car but don't know where to go. You found a small lane with many trees and entered the lane only to discover that it was the dead end of the road. I am sure many people faced such situations earlier and that's why now we have GPS to get precise locations. Interestingly, you cannot move further after reaching a dead end and need to turn back. Many times we just move ahead without knowing fully the result. There are risks involved but we do it expecting bigger gains.

I do not know how this quote can be applied to investments. In the equity market, people invest with a plan in mind, knowing there are risks. They follow the previous charts of the fund with gains and losses and then make a calculative move. In such a scenario, can it be said that one doesn't know where to go? If one invests in the market without having any idea of risks and gains then I don't think it's a wise decision.

Sankalan

"Life is easier when you enjoy what you do"

If you don't know where to go, it doesn't matter which path you take. Is it so?

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