Health and Wealth - The Investing Buddies
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: Health Investing: Getup Early is the key factor for...