_*Money, Investing & Luck_*

Luck - success or failure apparently brought by chance rather than through one's own actions

Is there a bit of luck in everything we do?

YES, for sure 🙂

The 50% probability between the head & tails in a game's toss is the team's luck

The 50% probability between a fielder holding onto or dropping a catch is the batsman's luck

The 50% probability that a batsman can be given out or not using the advanced tech, is the batsman's or the bowler's luck

Is there a 50% probability that our investments cross the boundary ropes of our money & life goals, or will we falter with a very low score and lose the game? 🤔

This is definitely not luck.

It's got more to do with our skill of hard earnings, discipline of savings, patience of staying to play the 5 odd bowlers (assets like - Equity, Fixed Income, Real Estate, Gold & Commodities, and all other misc. assets) & playing a long innings by sticking onto the investing pitch for the entire 50 overs of the game (cricket). 

If the team of assets can bat through the innings without throwing their wickets (hard earnings) into the hands of the eagerly waiting hawkish fielders (investing traps) to lap it up and throw us out of the field, we'll probably do enough scoring to take the later part of the game (retirement), quite comfortably.

If we don't reach the targeted score, at least we'll end up close to it, and fight the game on quite comfortably.

Mostly, Luck plays an important role for events beyond our control, but the rest is in our hands.

Don't throw away your wicket. 

Play carefully, the money game for life.