@YESBANK
No wonder..why some brands..fall and can never come back...been trying to connect with yes RM and also with customer support for an issue but no luck..
#poorservice#poorcustomersupport
Jump into the colder pool. Walk instead of drive. Pick up the book instead of your phone. Take responsibility instead of hoping it goes unnoticed. In matters big and small, courage is choosing the more difficult option.
Some basics
1) Have an emergency fund of not less than 1 year of your expenses.
2) Insure: Term, medical, personal accident and fire insurance for your house.
3) Don’t use revolving credit on your credit cards.
4) Simplify: have two bank accounts, two credit cards and two demat a/c.
5) Write a will.
6) Don’t borrow except for buying a house.
7) Ensure the value of the house is not more than 5 times your annual salary.
8) Create a corpus of not less than 30 times your annual expenses before considering retirement.
9) Spend less than you earn.
10) Try to save 30% of your salary.
11) Invest regularly.
12) Invest for long term; not less than 10 years, preferably 20 years or more.
13) Never stop your SIPs, especially in bear markets.
14) Never forget that all asset classes would always be cyclical.
15) Equity would provide the best return over long run than all other asset classes.
16) Follow portfolio diversification.
17) Follow asset allocation.
18) Have an advisor. The reward is worth the cost.
19) Check and review your portfolio only once a year.
20) More than your knowledge, it’s your behaviour which matters most for success in markets.
21) Come what may; always stay the course.
A SIP between 25 to 55 is Powerful:
- Travel, Explore Cuisines, Cultures. Don't Lock into Debt.
- After 60, you will not Relish most of the Stuff done in Youth
So don't Lose your Prime Stressing & Planning for Old Age alone.
Love. Laugh. Live!!!
#FI
7 questions to ask every day:
1. Is this in my control?
2. Is this necessary?
3. What's the worst case? Am I prepared?
4. Where can I do better?
5. What habit bonfires am I fueling?
6. How can I make the best of this?
7. (When people irritate you) When have I acted like that?