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We can make a lot of money by investing steadily in a set of SIPs, but at some level, many of us have a gambling instinct, and they are driven to equity investing by it

Small-cap investing: Balancing thrill and strategizing

हिंदी में भी पढ़ें read-in-hindi

I never normally talk about it, but there's a huge element of excitement in equity investing. This excitement, a sort of 'thrill of the hunt', is something that drives a lot of equity investors. Over a long period, we can make a lot of money by investing steadily in a set of SIPs, but at some level, many of us have a gambling instinct, and they are driven to equity investing by it. Many investors do not need this (I personally do not), but, as I've said earlier, there's something to be said for such investors having an allocation for 'fun money'. This is the sum of money that you invest in stocks, which might have a basis for investing, but you know it's mostly a gamble. How much of your investments you risk on the fun money is up to you. I think just being aware that some investments are fun money while others are serious would keep gambling-prone investors on the straight and narrow path of limiting the fun m


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