10/07/2021
Keep it simple
Wealth gets created by keeping things simple.
1) Invest regularly : like regular morning exercises builds health, regular investing builds wealth.
2) Make it a marathon : 'Being regular' is vital but what is even more crucial is being regular for very long (for 10, 15 or 20 years)
3) Knowing Less is More : What is important to remember is invariably wealth creation is inversely proportional to common market knowledge.
Just like incomplete knowledge of medicines can be damaging to health, similarly little knowledge of markets does more harm than good.
In fact it would not be inappropriate to say that one can create wealth by knowing less. The more you think you know, the higher the probability of going wrong.
This is because 'nobody' really has seen the 'unseen' and even if you guess it right once it is not sustainable. This path is fraught with failure.
Little knowledge means our wealth is at the mercy of speculative thinking.
With little knowledge we may win some battles that would subsequently get balanced by excruciating defeats.
Instead staying invested oblivious of the surrounding noise is a better strategy for wealth creation.
Start early, start small, stay invested for long, be lazy, be ignorant, stay stubbornly invested.
This is the path that leads to wealth creation.
Firm Name: SHUBH-NIVESH FINSERV
Name: Sandesh Ghadi
Mobile No: 9821379669
Email: [email protected]
Website: Www.shubhniveshfinserv.com
