Friday, July 30, 2021

Money Makes More Money

 

MONEY MAKES MORE MONEY 

Money makes more money under these 5 conditions

1. You must own the money
Money can work for its master. If you choose to spend your money, it can no longer work for you because you are no longer the master.

2. Time can help or hurt you
An idle money becomes less valueable over time. A working money becomes more valueable over time. Don't let your money sit idle - make sure time is on your side. 

3. Put your money to work
Invest in things like Mutual Funds. Money aren't picky where they work, but they need to be invested in order to go to work.

4. Debt destroys Money
Eliminating high interest debt is effectively an investment. A penny saved is a penny earned. You can earn more money by resuing your rupees from debt.

5. Money makes more money
Compound interest is going to help you Get Rich Quick'ish. Ben Franklin said it best, "Money makes money. And the money that money makes, makes money."

Think of money as employees. The more employees you've got working for you, the more money they can make for you and the faster you can reach financial independence!.

Source: www.getrichquickish.net
Name: Devarajan S
Firm Name: Devarajan, Insurance Advisor
Mobile: 9840177017
Email: customerwin@gmail.com
Email: myfamilyagent@gmail.com
Website URL: http://starhealthdevarajan.com/



Saturday, July 10, 2021

do Not


 If you avoid the wrong things in investing the right things will happen to you


1) Don't delay your investing

2) Don't invest for short periods

3) Don't be greedy when markets rock

4) Don't be fearful when markets suck

5) Don't check your returns too oftern

6) Don't listen to tips

7) Don't watch CNBC

8) Don't follow the herd

9) Don't get affected by past events

10) Don't get affected by recent events

11) Don't invest to save taxes

12) Don't invest in a single asset class

13) Don't invest without guidance

14) Don't blame the markets

15) Don't flirt with your investments

16) Don't invest without ascertaining your goals

17) Don't invest in too many schemes

18) Don't invest without acquiring basic education

19) Don't invest in FD for the long term 

20) Don't invest in Equity for the short term

Name: Devarajan S

Firm Name: Devarajan, Insurance Advisor

Mobile: 9840177017

Email: customerwin@gmail.com

Email: myfamilyagent@gmail.com

Website URL: http://starhealthdevarajan.com/

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Friday, July 2, 2021

Focus on Ur goals


 Once, two monks were returning to their home. It had rained heavily, and water had blocked the roads in the village.

At one place a beautiful young lady was stuck and was unable to cross the road. The elder monk went up to her, lifted her up, helped her to cross the road, and continued on his journey home.

The other monk was confused, and wondered, How can he touch the lady? As monks, we are not to touch a woman. He walked to the elder monk and asked him, "Sir, as a monk we are not allowed to touch a woman, right?"

The elder monk replied, "That's true brother."

"Then how come you carried that woman to the other side of the road?"

The elder monk replied, "I dropped her on the other side, but you are still carrying her in your thoughts."

Like the younger monk, many people carry the burden of things that have happened in the past like past market crashes.

These thoughts act like chains that impede our progress.

Strange as it may sound, but nobody carries positive memories of bull runs.

The environment is dynamic. Both good and bad news would ebb and flow from time to time without us having any control over them.

Hence as investors one must keep the market noise out of our lives and simply focus on taking one SIP step at a time in the direction of our financial goals.

The economy is young and has the potential to grow based on strong economic fundamentals.

Name: Devarajan S

Firm Name: Devarajan, Insurance Advisor

Mobile: 9840177017

Email: customerwin@gmail.com

Email: myfamilyagent@gmail.com

Website URL: http://starhealthdevarajan.com/