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DailyFunde

Tag: DailyFunde

Guide zaroori hai

FinanceKeFunde 34

Often we face multiple options, and choosing one becomes difficult.

A mentor helps us understand these choices and their repercussions. The decision always lies with us, and that’s fair too. After all, it’s our life, and we are ultimately responsible for it.

This principle applies to investing too. Understanding what each alternative entails is very important before making an opinion. 

Happy Guru Purnima to all fantastic mentors who have helped us reached where we are and to those who continue to guide us on the way forward!

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Wealth Creation or Wealth Preservation?

FinanceKeFunde 33

An investor should focus the initial years of the journey on creating wealth. Investing in focused stocks can help grow faster.

After a few years, the investor may shift to balance wealth creation & preservation by allowing some investments to be more diversified.

Later, as the goal comes closer, the investor should park the money in debt (to avoid fluctuations)

(Not financial advice)

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