The stock market is the story of cycles and of the human behavior that is responsible for overreactions in both directions.
–Seth Klarman
Do you think you missed the bus this time? This one is for you. Actually, the stock market bus is a shuttle service. If you missed this bus, another will come by. But, you still need to be on the bus soon enough to make the journey. The investment journey can only be made by those who know it is a long one. For those who believe it is anything else, risks rise exponentially. The way one mobilizes savings and invests them is what keeps your risks down. While we over emphasize the importance of investment choices, you need to focus on what we do during a waiting phase. A waiting phase should be spent preparing. Financial preparation is always a precursor to intelligent investing. The preparation phase should be spent accumulating money, sifting through choices and deciding what will work best. This clearly is planning hour.
