Health and Wealth – The Investing Buddies
While planning for the Asset Allocation, we have a sections of assets – create diversification by dividing assets. Diversification is an important factor on Investing, the Investing strategy looks like how we take care of our health. Similarly, Wealth is equal to our Health. If we look both these, it mostly suggests a better reason why we need it all times.
In a Financial term, there are two friends and two enemies were working together. Power of Compounding and Equity Investing are the two friends. Inflation and Taxation are the two enemies for everyone in their financial life.
You know neither or not, there is a sharp knife that hurts your dream – It’s Inflation. Recently we know that taxes were disturbing Long term capital gains on equity, after the Budget India 2018 announcement. Here, we can see how the Health and Wealth correlate,
Health Investing vs Wealth Investing:
Getup Early is the key factor for a good health.
Exercise up Regularly is the thing that everyone knows, but it is not an easy one. So, make it regularly.
Avoid anger and be relax. Drink Enough water to get energy and do not diagnose yourself while on your sickness.
Stay and be healthy, live your long life as peacefully is the betterment for health.
Invest with your savings regularly.
Invest by Systematic Investment Plan (SIP) or make a regular plan yourself.
Stay always with patience, Bull-to-Bear and vice versa is the natural one for the stock market. So, Wait for your turn to get higher returns.
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Having enough liquidity is the matter, when you need on Emergency due to personal financial crisis. Pick up a Fixed Deposit or Liquid fund to put your money for the Emergency fund, It’s like your Pocket box (Hundyal) !
Always seek for the Professional’s help for your Financial planning like Education, Retirement, and Personal Goals. The Investment or Financial Adviser are like a teacher, they can prepare and support for your financial life goals. Stay Invested and make it regularly for the wealth creation.
Kindly share your views / comments with a smile 🙂