Kishanlal Kori

Nothing is lost in life as we have everything to gain

[Kishanlal Kori @kishank12983]

@CMOfficeUP Sir khet par kabja aaj bhi ho raha hai aur kamjor kuch nhn kar pa rahe. Mankapur mein aaj tak checkbundi lagu nhn hua. @narendramodi ek sawal apse hamare desh abhi tak lachar hai.. sarkar chup hai. Lekpal aur khet se jude sabhi adhikari dhokhadhadi kar rahe hain..

[Kishanlal Kori @kishank12983]

@0ivankaTrump1 16

[Kishanlal Kori @kishank12983]

@MathurSunn69674 1

[Kishanlal Kori @kishank12983]

@CMOfficeUP @narendramodi sir please be aware that today also the farmer land acquisition is taken place and when give complaint on jansunwai many of them are departed to court. I am also a part of such distraction. Please help from Lekpal and Tehsil staffs & Thana also

[Kishanlal Kori @kishank12983]

school annually has numerous number of holidays but then too this school bus charge whole fees. The government should decide per day wise bus fees so that parents are not looted by them ..@EduMinOfIndia @CMOMaharashtra @PMOIndia @pres

[Kishanlal Kori @kishank12983]

It's an idea sirji. Wwomen's who have account in banks should not be charged for sms; Debit card etc so that it will help them to use banking properly. @PMOIndia @rashtrapatibhvn @FinMinIndia

[Kishanlal Kori @kishank12983]

Guardians of Earth https://t.co/JZI53m6pM8

Please give response to this Young Author...

[Kishanlal Kori @kishank12983]

@PMOIndia @CMOfficeUP @CMOMaharashtra @presi The Indian coins made are in same shapes. Please make it in shape and sizes as it was in olden days. It helps small childrens to learn shapes sir...

[Kishanlal Kori @kishank12983]

Lucknow outer ring road ko agar Metro line se connect kar diya jaye to aam janta aur sarkar ko iska fayda hoga...@myogiadityanath @narendramodi @rashtrapatibhvn

[Kishanlal Kori @kishank12983]

@dmuthuk Without hardwork nothing is achieved and Generations move towards poverty if they don't understand the power of hardwork...

[Muthukrishnan Dhandapani @dmuthuk]

Preserving wealth

“The father buys, the son builds, the grandchild sells and his son begs.” says a Scottish Proverb.

The Chinese have a saying, “Fu bu guo san dai”, which means wealth never survives three generations.

Traditional wisdom holds good for modern days as well. I come across data, articles and stories in this regard.

It is very difficult to be rich. Only 1% can be in top 1%. According to Credit Suisse if you have more than Rs.5 crores, you are among top 1% of the world population. A million dollars (Rs.6.5 crores) puts you in top 0.7%.

We have to get rich only once as long as we don’t do anything foolish. As both investor and advisor, our focus is always on avoiding permanent loss of capital and at the same time to grow wealth at a reasonable rate.

Ben Carlson in a recent article points out that about 70% of people who receive a financial windfall lose it within a few years. Also nearly 80% of NFL players are broke or bankrupt after being out of the league for two years. Sixty percent of NBA players are broke after being out for 5 years.

If you are interested like me in studying about wealth, there is so much of information and data available.

The above example shows how difficult it is to stay rich in our generation itself. I’ve also seen people lose their wealth by taking unwanted risks.

I came across an article in Time magazine. It says that 70% of wealthy families lose their wealth by the second generation, and a stunning 90% by the third generation.

Out of the people who get rich, not all stay rich. Even amongst those who are able to stay rich, 70% lose it in second generation and by third generation it becomes 90%.

One way to minimise such happening is to teach children and grand children the value of money and the art of money management. There is no such thing as easy money and by design only few are endowed with good wealth. If we don’t value something we have, it would start slipping away. Not to talk us up, but having a financial advisor who can be a mentor and coach would definitely help.

This should also make us ponder over giving, as part of wealth management. Not all focus on giving as much as saving and spending. We all create wealth because of the opportunities provided by the society and we need to give at least something back.  In our case, our family has decided to allocate 10% of our wealth for charity when I turn 60. There is no hard and fast rule for giving. But we thought 10% is the least we should do.

Like all things in life, wealth is also ephemeral. By teaching next generation, you can at least prolong it. By giving, you can make positive impact in the life of less privileged.

Some points to ponder for the weekend.

(I wrote this piece in 2017)

[Kishanlal Kori @kishank12983]

Cidco Homes Lottery 2026 delayed also EWS and others category amount is with Cidco. Who will pay interest of the amount paid to us? @CIDCO_Ltd need answer for same as our money is utilised for more than 6 months

[Kishanlal Kori @kishank12983]

This is the quality of ration distribution done in L ward Kurla. Can it be eaten by any human. You can see the wheat has been spoiled in rain water and also so much stones insects etc @MOFPI_GOI @cm

[Kishanlal Kori @kishank12983]

Why school want fees in advance? A question to @EduMinOfIndia ; Also school bus appointed by them increase bus fare every year. Just to bring u in notice stop this A poor can't learn in such school due to this rules. Till https://t.co/chJ0MmjmAX fees starts from 86k & so on....

[Kishanlal Kori @kishank12983]

@MTPHereToHelp From Chunabhatti
MH01BM5293 on 15/06/2026 refused me to take Gandhi Market in the morning at 9am. My children were there with me for 1st day school. Kindly take action on this taxiwala
@MTPHereToHelp https://t.co/r7CUGqwHX4

[Kishanlal Kori @kishank12983]

MH01BM5293 on 15/06/2026 refused me to take Gandhi Market in the morning at 9am. Kindly take action on this taxiwala @MTPHereToHelp

[Kishanlal Kori @kishank12983]

MH01BM5293 on 15/06/2026 refused me to take Gandhi Market in the morning at 9am. My children were there with me for 1st day school. Kindly take action on this taxiwala
@MTPHereToHelp

[Kishanlal Kori @kishank12983]

MH01BM5293 on 15/06/2026 refused me to take Gandhi Market in the morning at 9am. Kindly take action on this taxiwala @MTPHereToHelp

[Kishanlal Kori @kishank12983]

@PMOIndia @narendramodi @myogiadityanath Mankapur tehsil mein beimani ka business chalanewalon par na to koi karwayi hui na koi faisla Lekpal Bana hain Dalal Bairipur 1014mi ki paimaish ke liye kehte hai nyayalaya jao...mujhe Darr hai aise logon se...aur inse mile logon se...

[Kishanlal Kori @kishank12983]

@BPCLimited ,@Bharat_Gas This is to bring you in notice that Vimal Gas Agency Chembur not giving proper service to consumer for delivery of LPG Gas. Consumer no 45052 please help