When your stock is down, you say: "Aaj nhi toh Kal Chal hi jaayega." When it's up 5%, you say: "Abhi Paisa ban Raha hai toh Nikal le!" 📉📈

This emotional strategy—selling winners early and holding losers indefinitely—is Myth 24, the classic Disposition Effect that destroys capital growth.

In this deep behavioral episode of The Middle-Class Mistake, we uncover how short-term trades (made to beat FD returns) turn into unintentional long-term portfolio mistakes.

🎧 Join the conversation to learn:

• The Emotional Trap: Why fear makes you rush to book small profits, leading to regret over "notional losses" when the stock runs higher.
• The Sunk Cost Lie: Why hope ("Aaj nahi toh kal...") forces you to hold onto losing stocks, preventing your portfolio from generating positive returns even during a bullish market.
• The Solution: You must develop Discipline. Investment is not based on quarterly results, but on a defined long-term strategy.

💡 The 5-Point Strategy Check:Sanchit Taksali insists you must determine your strategy before investing. If you have an unwanted loss, ask:

2. Current Status: Has this short-term trade unintentionally become a long-term investment?
4. Risk Cost: What is the actual strategy behind holding this specific risk?
6. Capital Efficiency: What is the cost of the capital currently stuck in this loss?
8. Risk-Reward: How does the current risk-reward ratio compare to when I first invested?
10. Past Success: Has this "hold and hope" strategy ever worked for me consistently?

🔮 Next Episode Teaser:Are you confusing return percentages with time? Next time, we address Myth 25: The Time Factor – "Itne Time me itna return Mill Jaayega." We break down the true relationship between time and returns in your portfolio.

[ Financial Literacy | Sanchit Taksali | Behavioral Finance | Disposition Effect | Hindi Podcast | Investment Mistakes | Trading Strategy ]

You see a stock performing well and think: "Issme bhi Invest kar lete hai!" (Let's invest in this one too!) 💸

This casual, indiscriminate approach to buying every stock in the limelight is Myth 23, the belief that over-diversification reduces risk and maximizes returns.

In this crucial episode of The Middle-Class Mistake, we reveal how buying too many related stocks actually concentrates your risk and results in a portfolio that underperforms the market index.

🎧 Join the conversation to learn:

• The "More is Better" Flaw: Why investing in dozens of companies (especially in the same sector) doesn't make you safe; it just guarantees your winners will be weighed down by your losers.
• The Concentrated Risk: How diversification becomes a mistake when you invest in correlated businesses (e.g., buying 10 similar tech stocks), leaving you vulnerable to a single sectoral downturn.
• The Solution: Investment is an Art. Learn why true diversification means investing in non-correlated assets that perform well in different market cycles.

💡 Sanchit Taksali's Portfolio Focus:Stop focusing on the Number of Stocks you own! The "More, the Merrier" rule applies to the Quantity of Shares in a carefully selected, quality company, not the overall count.

🔮 Next Episode Teaser:You’ve invested, and now the stock is down 15%. What do you do? Next time, we address Myth 24: Emotional Trading – "Aaj nhi toh Kal Chal hi jaayega - Abhi Paisa ban Raha hai toh Nikal le." (Hold losses forever, book profits quickly). Is this a strategy or a behavioral flaw?

[ Financial Literacy | Sanchit Taksali | Over-Diversification | Portfolio Management | Hindi Podcast | Investment Mistakes | Risk-Reward ]

When you see a stock tip, do you immediately calculate: "₹100 lagaunga toh Kam se Kam ₹30 toh ban jaayenge?" (If I invest ₹100, I'll make at least ₹30.) 🧠

This habit of calculating easy, handsome returns in your mind is known as Mental Accounting Bias (मानसिक लेखांकन), and it’s Myth 22 in Chapter 3 of Sanchit Taksali's book.

In this insightful episode of The Middle-Class Mistake, we break down why this mental math—often based on minimal effort and information—is the number one reason short-term investments end up becoming long-term disappointments.

🎧 Join the conversation to learn:

• The Mental Math Error: Why thinking in easy percentages (like 10-30%) drives you to chase stocks that aren't necessary for your portfolio, leading to emotional investing.

• The "Short-Term Trap": How investments made with the quick profit motive often fail to meet expectations and are held for too long, underperforming the market index.

• The Solution: Mental calculations are only valid if they are based on in-depth analysis. Otherwise, this bias forces you to hold losses for an unnecessarily long time.

💡 The 5-Point Reality Check:

Sanchit Taksali insists you must challenge your mental math with these questions before investing:

1. Style Check: Is this investment compatible with my overall investing style?

2. Expectation: Are my return expectations realistic or unrealistic?

3. Contingency Plan: What is my plan if the investment underperforms?

4. Research Vetting: Did I rely solely on the information's accuracy, or did I conduct my own research?

5. Advisory Input: Has a qualified advisor recommended this?

🔮 Next Episode Teaser:

Now that you have your list of stocks, should you buy them all? Next time, we address Myth 23: Over-Diversifying – "Issme bhi Invest kar lete" (Let's invest in this one too), and how it minimizes your actual returns.

[ Financial Literacy | Sanchit Taksali | Behavioral Finance | Mental Accounting | Hindi Podcast | Investment Mistakes | Risk-Reward ]