Driving fast help you to eliminate the impact of small pit holes on the road.
Investing long-term will help eliminate the short term volatility of the market.
Relatable?
Most youngsters have COMMITMENT issue & we can see it in:
- Relationship: More break-up/Divorce
- Health: More consumption of Cigarettes/Alcohol/Drugs/Parties
- Money: Impulsive spending & Debt building with negligible investments
Level up your COMMITMENT game, it compounds!
Dos/Don'ts for Early Earners:
Do:
1 Buy a Term Life Insurance
2 Save Tax using ELSS funds
3 Start SIP for Wealth Creation
Don't:
1 Over leverage of Credit Card
2 Focus on IPOs and F&O
By doing this you are good to start with your financial journey.
#investing#Mindfulness
@TheBigBull_@PranjalKamra It's called Asset Allocation which should never be ignored as all the asset classes have their own downsides and workers differently in different market situations. This allocation strategy will help you to overcome the same.
If you are not considering all this while investing then you are playing by luck and there always be a situation which will hinder with your Peace of Mind & sustainable Happiness.
Make your Personal Financial Game robust with Mindful Investing.
Share this & help others.
Early retirement is possible!
No matter how small you start; 30K/15K/5K or even 1K per month.
Important is to start early! 20s are the best time to initiate the journey of investing.
Compounding is a real power but it works only when time is given to the investments. #investment
Let's eliminate competition with this tweet:
Nothing is original in this world. But a COMBINATION of something; Knowledge, Idea, etc makes it an UNIQUE offering and that uniqueness can be SPECIFIC to yourself which is extremely hard to replicate.
Now it's you! The original one.