PEARLS OF WISDOM - ON INVESTMENT, MONEY SAVING, DEBT FREE,

1. FINANCIAL
WISDOM
DISTILLED LIKE A SINGLE MALT…..!!!

2. BONDS ARE FOR STORING WEALTH ..
&
EQUITIES ARE FOR CREATION OF WELATH ..

3. THE BIGGEST ASSET ONE CAN HAVE IS ZERO DEBT

4. THE GREATEST DISCIPLINE IN PERSONAL FINANCE
IS LIVING BELOW YOUR MEANS.

5. EMOTIONS CAN-NOT BE BACK TESTED,
THAT’S WHY
PAST BEAR MARKET ALWAYS LOOK LIKE
OPPORTUNITIES
&
FUTURE ONE SCARY.

6. DON’T THINK HOW IT WOULD HAVE BEEN IF YOU
HAVE STARTED 10 YEARS AGO.
START TODAY AND VISUALIZE HOW YOU WOULD
FEEL 10 YEARS FROM NOW.

7. THE NEIGHBOURHOOD THAT WE LIVE DETERMINE OUR
LIFE STYLE &
SPENDING
NEED TO BE CAREFUL IN CHOOSING ONE WHICH
MATCHES
OUR GOALS &
PERSONALITY

8. PAYINING MINIMUM BALANCE REGULARLY ON
CREDIT CARD
IS THE MAXIMUM SIGN THAT YOU
ARE GEETING IN DEBT TRAP

9. MANY ARE LONG TERM INVESTOR TILL NEXT
BEAR MARKET.
ONE SHOULD NOT SIT ON BRINK, BUT BE
CAUTIOUS HAVE GOOD ADVICE, EVALUATE &
WAIT.

10. DON’T TAKE AGGRESSIVE BETS.
TAKE MEASURED RISK.
REMEMBER ONE BLUNDER CAN PUSH YOU
BACK BY A DECADE.

11. BIG MONEY CAN BE MADE THROUGH
HIGH SAVINGS
WISE INVESTING
&
LOTS OF PATIENCE

12. ONE SIGN OF PROGRESS IN INDIVIDUAL
INVESTOR’S PORTFOLIO IS
“NO CHURN” OR “VERY LESS CHURN”

13. TRYING TO GET RICH FAST IS THE
“FOOL PROOF”
WAY TO LOSE WHAT WE HAVE

14. LOSING OPPORTUNITY IS FAR BETTER THAN
LOSING MONEY.
DON’T INVEST IN FADS

15. “MAKING AS MUCH MONEY AS QUICKLY AS
POSSIBLE”
IS NOT AN INVESTMENT STRATEGY.
UNFORTUNATELY FOR MOST OF US THAT IS THE
STRATEGY.

16. AGGRESSIVE STRATEGY CAN-NOT BE SUBSITUTE
FOR HIGH SAVING.
SAVE HIGH AND TAKE MODERATE RISK
THAN
SAVING LESS AND TAKING HIGH RISK

17. THE DAY WHEN WE REALIZE THAT NOT LOSING IS
IMPORTANT AS WINNING;
WE WOULD STOP BLINDLY CHASING RETURNS

18. GOOD PERIODS ARE MORE THAN BAD PERIODS.
MISTIMING WILL LEAD TO BAD PEROID,
DON’T MISS EVEN A SINGLE GOOD PERIOD.

19. WE’LL STOP LOOKING FOR QUICK MONEY THE
MOMENT WE CONSIDER STOCKS AS BUSINESS
&
REALIZE THAT OUR WEALTH GROWS IN LINE
WITH BUSINESS GROWTH

20. THERE ARE PERIODS OF
HIGH RETURN,
LOW RETURN,
NO RETURN OR
NEGATIVE RETURNS,
WE NEED TO GO THROUGH ALL THESE TO GET
LONG TERM RETURNS

21. LISTENING TO MARKET FORECAST IS NOT ONLY
USELESS,
BUT CAN BE VERY HARMFUL TOO;
IF YOU JUMP TO CONCLUSIONS.

22. THE HARD TURTH IS ONLY 3% OF OUR
POPULATION ARE IN POSITION TO ASPIRE FOR
FINANCIAL INDEPENDENCE.
DON’T WASTE THIS RARE PRIVILAGE.