The Growth Personality

The Growth Personality Editor: Uday Desai (UdaySoft Media Publications) Writer, Psychologist, NLP, Life Coach, Crypto, Software Expert, Educational Consultant I Believe in Ideas and not people behind it. I focus on Solution and Growth. Individual Reporting Note: Hi there Readers: This is my very first attempt to publish magazines meant for development and growth- oriented people. My Aim is to develop an appetite in everyone for reading and create a value in everyone. My only aim is to benefit those who want to learn and grow. I will touch base on topics like economy, health, finance, Trading tips, new ideas, science, nature, literature, culture, religion and many more. All these are my personal views and as a good practice I never target or pinpoint anyone or use hurtful language. I am not affiliated with any political parties and none of my comments will be towards any party in rule. My contents shell always remain pleasant and informative and no criticism on anyone. For any Feedback and Training: [email protected] ( I conduct Online and offline Training in Psychology, crypto, programming and various other subjects If you like and appreciate my ideas and caliber then please approach me on the mentioned email address. Also Let me know which topics you would like me to cover in my next issue. WhatsApp: +919834114894 ) Donation: ETH: 0x71b09fff2ba77448d826083d69930b9049233239 (ERC20 Address) BTC: 14SwXDJL1FB1xJLCrrkd6AzMnVdDncvpoP (BTC Address) BNB: 0x71b09fff2ba77448d826083d69930b9049233239 (BEP20(BEP)) (I Only accept above mentioned Crypto Coins as Donation)

GDP and Your family Most of us know what is GDP and if not let me brief about it. It is a measure of how effectively a currency will circulate in economy or in other words the higher the sales of goods and services the higher the GDP. It is also an indicator of how much people feel about market, if the GDP is going high meaning people are buying without any worry. Now the famous news that we saw in pandemic, GDP is going down and in negative side. The major reason for this as we know is partly due to lockdown that every government has to put to prevent spread of corona virus that had affected people going out and making purchase. Also, in case of affected areas the online shopping also got affected and things where not delivered. This caused a spiraling effect in economy and GDP took a downturn and hit an all time low. As the purchasing power goes low the goods are not sold and also not produced as the workers are trapped at home. As the employers can’t pay salaries and people lose their jobs. So partly we can say when GDP goes low then we see people lose Jobs for sure. The other factors associated with GDP is that as the purchasing power goes low, new business or new investment in business will stop till the sentiment of market changes. As the jobs are lost and people’s income is halted that forces people to cut down on expenditure and market moves to depression. The loop is thus created which keeps market on down side and spreads negative sentiment. As the business are not growing the debt grows and the liquidity in market goes significantly down. Now as a family your saving style and portfolio will come in picture. It all depends now how you saved your money or invested in which instrument. A diversified portfolio is the general strategy of everyone like combination of FDs, Mutual funds, Stocks, Crypto, real estate, cumulative funds, metals. But as the depression in market widens with no regular income your portfolio and savings take a downturn. So how do you manage to grow your account even in crisis or at least be on a safer side. There are few action points discussed below which you may prefer. I am just sharing my views and I am not an authorized finance advisor and this is just for your education. 1. One of the biggest winners in all crises has been Gold and Silver. It has been proven in last 5000 years. Those who own it, they went ahead. All though sometime it becomes difficult to sell so it is not advised to put everything in Gold. But yes, your portfolio must have metals.

2. Cut down expenses in planned manner. As a standard Indian practice, we fill up all the grains, oils and tea in the respective seasons to avoid overspending in price hike rest of the year. Make a purchase in group with your friends and family, this will give you chances to Bargain. Make use of OTT apps, control expenditure on electronic media. It actually makes no sense to enjoy all day on devices and not make any attempt to create a better future. Make use of Online purchase for health and daily expenses with good cashbacks. 3. One of the biggest killers is health, education and monthly bills of gas and electricity. You can’t do anything about it. If you fall back in this then few ways out is good health insurance, education loans etc, 4. Refrain to buy any real estate or gold or any investment on loan. If you really have something extra then on the downturn you may go for it in a way that the cash flow needed for your daily and monthly expenses are maintained. The reason is market may stay down for long time. 5. One of the good strategies is to slice the instrument which has inflated and invest in the one which has deflated. Real estate has never gone down but you need to keep an eye. It is not expected to go further up but yes, its time of collapse is unpredictable The opposite relationship exists between Gold and real estate and also Gold and stocks. If the Gold is overshooting in price, then generally people sell some of the gold and invest either in stock or real estate. 6. It is observed one of the biggest winners in the crisis was not all these but Crypto. Yes, Crypto has attracted so many new investors. But considering it is non- fungible and highly volatile, so at any given point in time crypto crashes and we have seen it in past few years. SO, it is only advisable to invest 10% of your total wealth in crypto and try your luck. 7. At the point of deflation in market the FDs rates will fall. This is not the right way of keeping all your investment in FDs. You need to move certain part at least in metals. If any metal price falls then please go ahead and buy some metals and store it in safe place. It’s an all-time great instrument. Certain part of your FDs can move to MFs or Stocks Or Crypto of blue-chip in nature for better returns. 8. All-time best situation is regular income. One can’t rely on judging and timing when to swap wealth from one side to other. Very few people have mastered this strategy and have gained billions. Everyone is not successful in these, infect rest of all are donners to the one who makes a way out of these. Its better we don’t dream of making millions from 1000 bucks. As you know we do spend and we do get emotional and spend heavily. So be it business, consulting or job a regular income in family is needed. Do learn, grow and acquire new skills to get to the point where you earn regularly.

9. Also everyone need to keep calm and be self-aware and do self-regulation. You might say how does it relate to GDP. So yes the more you don’t allow your insecurities to overpower your own self and you don’t allow it to be transferred to others, You gradually will contribute and become positive and you will inspire others. Hence the cumulative effect may lift everyone and hence GDP. 10. Don’t stop at your small expenses. I will give you my example. I wanted to buy a CYCLE, so I searched online but was expensive. So finally went to a nearby store. Along with expensive cycles I found a cycle which was just crap. I asked the vendor “Can you fix this cycle for normal Use?” He said yes but it will require some replacement and maintenance. I asked him to prepare a list and reviewed it myself. It came out to be at least 70% cheaper than the same brand sold in new condition. So, I was happy to ask him to go for it. So, for me it was very cheap and for cycle owner, he made best use of his experience and made money out of crap. So that was a win-Win situation. Likewise, you need not stop and prevent your self of very small expenses, if you do so you will make yourself feel stuck or blocked which will eventually become viral. 11. People in India help each other in crises. Above all if you feel you can’t make a day, ask for help from family or friends. Indians are well known and are accomplished in this respect. Try to be as flexible as possible when there is due from any of your customers or vendors. Be compassionate and ask people to be more compassionate. You are not asking their body organs. These are my best personal views and not any financial advice. I would still emphasize heavily on Gold as a winner in the prevailing situation. OverThinking Problem: People who stayed at home for long or due to their inherent habit, they feel they are overthinking and they get emotional, angry or agitated. These behaviors are becoming significantly high today due to social media, lonely ness and the major factor is fear. The worst is people in groups are feeling this way. Solution: There are overwhelmingly high number of videos and literature to teach this or advise how ot to think much. I don’t intend to overload you with one more idea. But best way to resolve something is to understand it in a basic way. So those who are big thinkers. What is really a thought or thinking. A thought is nothing but an abstract form of perception of reality. Yes you had an experience in real life and you will decode it and put it into words to express or to be self-aware. This is thinking. What you really know in your conscious mind is the language to interpret experiences. This is thought. The simplest way to avoid overthinking is to be engaged in work and not be or emphasize

or give importance to thinking. Your physical activity should gel with your thinking process. The more you are able to link thoughts with actions and vice versa you will evolve. The other side is when you are just thinking and not performing, you can lose contact with reality. That’s how things go wrong. But not to worry, no one is a master of this game. But you can limit your overthinking behavior by this theory along with Meditation. The best way to calm your mind. Please remember doing productive work which also gives you money should get rid of this issue. So keep yourself busy and enjoy your life. In the end I would say thinking is humanity’s best ability and everything we have created is due to thinking. But anything we do in out of proportion becomes harmful for us by principle. Hence thinking in right proportion is a great advantage but too much of it will do harm to self. Politics In the recent critical pandemic situations, we have seen lot of pain and sufferings in political arena as well. We have seen governments falling partly due to their inability and carelessness and partly due to the situation going out of control. The real effectiveness of any system is tested in tough times. It shows everything out in open. How people are and how their government is. We all have ugly things beneath our skins. I would say and it is always said by big philosophers that in critical times try to be as honest as possible and accept your mistakes no matter what is the punishment. Accepting mistake will open the door for correction and progress. The more we disown our mistake more we get lost in further miseries and make others suffer as well. Religion and Faith Religion is created for the benefit of humanity. We all pray and preach in different ways to our Gods to gain help or benefit. We are all believers since the reality is not seen by anyone. All religions are different ways to reach God or Truth. We need to make sure that we don’t get overwhelmed and overemphasize our own religion over others. It is the identity of a person who was born with it. Such forceful preference enforced on others brings insanity and war. More we propagate our ideas of religion to others; more we insult other religion. Everyone has the rights to practice their religion and faith and at least that much we can claim from 21st century.

Finally: (Please Search with my Name “Uday Desai” in Spotify for my series of Podcast and also search with same name on YouTube for my Informative Videos. I also written Few Books which are available on Amazon as an eBooks.)