India 
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A monk saw that some men were carving on stones in a village.
He asked a man working there, “What is being made here?”
The man replied angrily, “Do you not see that I am cutting stones?”
The monk replied, “I can see that but what is being made here?”
He shouted back, “I don’t know. I am dying here working and you are worried about what will be made here. Just leave.”
The monk then asked another man, “What will be made here?”
The laborer replied, “I will get Rs100 as daily wages that’s what matters to me. I have no idea what is being made here.”
The monk then asked another man, “What is being made here?”
He replied, “A sculpture of a Bird. This will be the tallest stone structure in the entire state. It will be housed on top of that hill there.
When I chisel the stone, I start imagining tourists flocking my town to see this wonderful sculpture.
This will help the people in my town with more jobs and better incomes.
When I think about all this, it doesn’t feel like work to me. It’s fun.”
The monk smiled and thought, “Some consider work as a burden while some enjoy the same work.”
Like the third person in the story, investors should not consider savings and investments as a burdensome process.
One should enjoy this wealth creation process holistically and patiently wait for the results to follow
Due to short-term volatility, investors often sell their investments in panic which hampers the power of compounding in the long term.
Here are the three things to keep in mind in your investment process:
1) Keep a long term view,
]2) Invest regularly and
3) Ignore the noise
About the author
Satish Prabhu is an avid blogger and has written close to 300 blogs on the basics of investing. He prefers the short story-telling format for his blogs and writes motivational life stories which are then weaved to give a message on investing. While content writing is his forte, financial literacy initiatives are close to his heart. He feels that investors can create wealth not by investing more money but by improving their behaviour with money. His stories give the message of patience, perseverance and resilience, the keys behavioral traits to be imbibed by investors. He is greatly inspired by the book ‘Psychology of Money’ by Morgan Housel. You can read all his blogs on his LinkedIn page.
On the professional front, Satish is the Vice President & Head of Content & Direct Customer Engagement at Franklin Templeton (FT) Asset Management (India) Pvt. Ltd since December 2013. Prior to FT, he worked for 8 years with CRISIL Ltd. (a Standard and Poor’s Company) and for over 7 years with the Stock Holding Corporation of India Ltd. (SHCIL).
He speaks at various investor education forums, conducts knowledge sharing sessions, webinars, podcasts for investors, advisors, relationship managers, corporates, among others.
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