How your investment decision (S)kills ?

Investment decision skills

How your investment decision (S)kills ?

When we complete our School studies, we will decide what we have to take on higher education. We can do a lot of things to choose from for anyone, who can ask about it, what kind of courses to pursue, reading Ads and News related on and more than that discussing with our friends, neighborhood and relatives. But in the end, we bought a course on any manner and complete the course without any doubt. When it comes to Work life or Day job, we often find ourselves that why i had chosen this course or Education.

Is it a good decision went wrong or make myself wrong ?

We would have asked many people to explain our case like the above said. Our brain consists with lot of information were stored it. We didn’t really pick it up. Then why do we have to reduce ourselves. This is the effect of Decision Making. The result is the result. If you are expecting anyone for your needs or goals by the Decision, then you may regret later. This is why some people excel in life and their business, even they are not finishing the School days. Because of they make the decision themselves.

Decision Making Skills is a Fine art, if we make decision ourselves

The Decision mistakes that happened in our School days, continues to be in Personal Finance too. We often buying an investment or insurance product by the decision of our friends and relatives or even sales persons. Even if we don’t need it, we are doing the same mistake for the entire financial life. I don’t have to do what my parents did in the past – Hereditary habits are good in some ways, but not always ๐Ÿ™‚

As we have already said, Decision Making is an Art, but you have to do it yourself. All of us have an experience like this – On Road Traffic at a Peak hours, we follow another vehicle that is in front of us. Suddenly there is a groove. The vehicle that preceded it will cross that groove effortlessly. We just go down in to abyss or a glitch. Why would have followed that vehicle instead of look at the road ? This is the result of Decision Making. Yes, we can make mistakes as a human, but not at all.

You are going to invest with your earnings to get a better return for yourself. The benefit of that investment may be for you or your Family. Then you have to make the decision.

Factors for Good Decision Making (Investing):

  • Needs or Wants
  • Goals
  • Time Horizon
  • Returns or Benefits

For example, you want to buy a house for your Family. So, you have to find out the required parameters and consulting with the related persons. Finally, you have to come for conclusion yourself – Decision Making. You can buy a home availing Home loan or Try to save money for a years and then buy later – It’s your choice on decision.

Ask for investment advice from anyone. Getting advice or information from the right people can save your time. Therefore it is important to choose the Right Consultant. Match the above decision making objective (Buying a home) with advice. Consider the past effects of consultation and what the future holds for it. In the end, decide by self.

Look at the Insurance product as Insurance. use the Investment avenue as Investment. Don’t confuse with the Insurance and Investment. Try to make the Risk Management.

A humorous tag:

A crow was sitting on a tree doing nothing. A rabbit saw the crow and asked โ€œCan I also sit like you and do nothing all day long?โ€ The crow answered:โ€Sure why not.โ€ So, the rabbit sat on the ground below the crow and rested. All of a sudden a fox appeared, jumped on the rabbit and ate it.


To be sitting and doing nothing, you must be sitting very high up.

Embrace information and human beings,ย  the results are up to you.

Kindly share your views / comments with a smile ๐Ÿ™‚


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