It is said that marriages are made in heaven and stock markets fortunes are made on earth, while marriages and stock markets both are poles apart from each other but when you do a deep analysis of both you will find many similarities between the two. Let’s look at the similarity between marriage and stock markets –
Ups and Down
Stock markets never go in one direction rather they are full of ups as well as downs and volatility is perhaps the single biggest factor which differentiates the stock market from other assets classes, in the same way, marriages are also full of ups and down as for 1 minute you consider yourself to be luckiest person in the world to have your spouse with you and another minute you are cursing and fighting with your spouse. In short, just like stock markets are unpredictable due to the volatile nature of stock markets in the same way marriages cannot be predicted due to the volatile nature of husband and wife.
Analysts and Expert Opinion
In case of stock markets there are many analysts and experts who give recommendations whether to buy or sell stocks and their opinion are biased and also changes very fast according to market direction, in case of marriage your family members and friends play that role of analysts and give their expert opinion on every dispute between the wife and husband and their opinion is biased based on their relationship with you and your partner.
Return and Loss
In case of stock markets if you invest your money in rights stocks than you get handsome returns in the form of dividend and capital appreciation, however, if you invest in wrong stock than you incur losses. In the same in case of marriages if you select the right partner than happiness and peace of mind for a lifetime are your rewards but if you end up selecting the wrong partner than stressful relationship and unhappiness for a lifetime are your losses.
Patience
In case of stock markets, those people who think that they will become rich overnight are the first ones to lose all their capital because stock market requires patience and discipline as stock market tests you on both the parameters and then only you get the rewards from stock markets. In the same way, marriage also requires patience because egos of two individuals are bound to clash but the thing is to have patience and willingness to keep your egos aside so as to have a successful relationship for long period of time.
Control on Emotions
In case of stock markets many people look at fundamental and technical analysis but forget about emotions because majority of times stock market runs on emotions of people so when there is euphoria in stock markets people buy every stock without looking at valuations and charts and when there is panic in stock market people do reverse that is they sell every stock in portfolio without looking at valuations and charts, an individual who has control on emotions can benefit from both situations in case of stock markets. In the same way in case of marriages you should have control on your emotions because many times in case of fights in anger you say or do things which can have a devastating effect on your marriage which can lead to irreversible damage to your marriage, hence people who have control on emotions are more likely to have successful marriages than those people who do not have control on emotions.
As one can see from the above that marriages and stock markets have many similarities and as an individual whether you are investing in stock markets or entering into a relationship by way of marriage you should keep your egos aside and think long term if you want to make money in stock market and earn happiness in case of marriages.