Story of the Week. Connect the Dots

 

New Education

New Education

"The illiterate of 21st century will not be those who cannot read and write, but those who cannot learn, unlearn, and re-learn."

1) It's high time that we learn about compounding, unlearn about investing in fixed deposits for the long term and re-learn about equity investing for the long term.

2) It's time we learn about scaling up our business. Unlearn the 'old' paper based method of doing business and re-learn about technology and platforms that have made Geography History.

3) It's time we learn about selling to unknown people. Unlearn about focussing only on traditional referral methods and re-learn about brand building using social media.

4) It's time we learn about our real purpose. Unlearn the art of complicating things and re-learn the the art of simplifying things by simple easy to understand education.

It is easier said than done because it requires courage in the heart to "unlearn" and then re-learn????

Name: Devarajan S 9840177017

http://starhealthdevarajan.com/

 

Rockfeller

 "You make triple-digit gains not when things go from bad to good, but when things go from bad to less bad."...Says Mr. Steve Sjuggerud.

Think long-term. If the long-term outlook is good, then temporary crises are just great buying opportunity to accumulate quality stocks at reasonable valuations. Markets will keep going up or down; you have absolutely no control over it. Periodic volatility is healthy and good for the market; it keeps the herd mentality in control. Make volatility your friend and take advantage of it instead of getting scared. It is always difficult to time the market and when stability returns, there is a chance that prices will once again bounce back without offering an opportunity to buy at the right time.

Devarajan S 9840177017

http://starhealthdevarajan.com/

Sitting on Ur Talent

 

GOD'S OWN COUNTRY GAVE ME A MESSAGE

GOD'S OWN COUNTRY GAVE ME A MESSAGE

Having recently travelled quite extensively in God's own country, Kerala, one thing that caught my attention is the level of cleanliness.

The railway stations are literally spic and span. The moment I reached Mangalore, the usual station smell wafted out of every direction.

We often crib about the state of cleanliness in our country versus foreign countries and then resign to our fate of accepting this stench on account of high population.

Now a small state like Kerala too has a large population and poverty issues.

But cleanliness is like pride of nationality. If one is proud of his culture and state and if cleanliness is an integral part of that pride, then every person tirelessly and with pride work towards making the place clean and beautiful. I saw this in Kerala and felt so nice.

This made me thinking about personal finance. Just like the people make a difference to the state of cleanliness, likewise people's investment habits are responsible for their state of wealth.

There is nothing wrong with the asset classes. What is wrong is the way in which we sometimes conduct ourselves. Investor behaviour is the prime cause of opportunity lost. Greed, fear, lack of education and patience are all human traits that causes wealth degeneration.

If we can manage our behaviours by taking the right guidance of a good Financial Distributor, we would be well on our way of making serious wealth for ourselves.

Devarajan S 9840177017

http://starhealthdevarajan.com/