Investing In Quality Stocks And Meditating: For Wealth And Well-being.

What does quality investing entail?

Quality investing means looking for companies that are fundamentally strong on certain key parameters such as:

-An established track record

-A great portfolio of products/services

-Honest, credible and efficient management

-Market leader within the Industry

The focus is on gauging the overall financial health of a company before investing in it since it improves the chances of growing your wealth manifold while simultaneously minimizing any risk.

When looking at making a quality investment, the idea is to stay invested over a long period, through all the ups and downs that the market may experience. Investors have better chances of multiplying their fortune when investing by taking on lower risk via such quality stocks.

Building a worry free portfolio

People are constantly seek to multiply their wealth and inner happiness. Looking at it practically, you cannot really lead a life of contentment if either of these elements (wealth or inner happiness) are missing.

Given below are some similarities between Vipassana and quality investing that will also help you understand how practicing both simultaneously can prove beneficial for your health and wealth. This holistic sense of equilibrium is sure to help you lead a more contented life:

-Foster self-discipline

Discipline is a vital pillar for both Vipassana practice and wealth creation as it ensures you stick to your goals regardless of any hindrances you might face in the form of stock market volatility, sickness, body ache or plain laziness.

-Better clarity

Meditation has been proven to give better clarity, thus ensuring better decision-making. Similarly, a quality investment strategy will ensure you have all relevant information and, hence, complete clarity about the companies in your portfolio. A data-backed decision will also rid you of any day-to-day worries on account of any market fluctuations.

Improved focus & patience

Amongst the key benefits of Vipassana meditation are improved focus and patience.  While deep breathing is known to improve patience, the effort needed to visualize your breath compels you to focus on the present moment.

Similarly, once you identify the goal driving your investment strategy, you need to focus on finding 10-15 high quality stocks to add to your portfolio. Then comes the stage to be patient, since you need to give your portfolio time to grow and reap the desired rewards.

Better awareness

In Vipassana meditation, you become aware of every sensation arising within yourself without getting attached, excited or depressed. Similarly, in quality investing, while you must be aware of the market buzz, especially related to your portfolio companies, you need not react to every news unless it’s important.

Reduce stress, anxiety and fear

Vipassana meditation is about staying mindful of the present moment and not drifting into the past or future, thus helping ease any stress, anxiety or fear. In quality investing too, once you understand the underlying businesses thoroughly and focus on a few high-quality stocks you have invested in, it becomes easier to stay the course with your investment strategy, without stressing over the unnecessary ‘noise’ or daily happenings in the stock markets.

Compounding effect

When practised with full commitment, meditation compounds your happiness while investing compounds your wealth.