At some stage or the other, in our market-life.
Is it good?
When we are in this mode, we shoot.
We don’t look too much.
We just shoot.
Either we don’t know any better.
Or, we’re not able to control the impulse.
We want to do something.
We want action.
If we’re not getting it, we forcefully create it.
Is this wrong?
How do we rectify it?
Yeah, just use the “out of sight” principle.
Pray what’s that?
Well, if funds hit your bank account, pick up your smart-device and transfer them online to your liquid fund account.
Funds are not present in your feeder account.
Try firing now.
However, the funds are not far away. In fact they are just a few button-clicks away.
These few button-clicks are activation-barrier enough.
They make you stop and think.
You do your proper due diligence before moving them out of your liquid mutual fund account back to your feeder account.
You use them for proper investing opportunities.
You’re not trigger-happy anymore.
All it took was a simple trick.
There’s no law against liquid mutual fund accounts. Probably never will be.
Those five or six button-clicks have converted you from trigger-fingers to duly diligent!