Solid Investment Ideas which will stand with you in the coming CRISIS

24th October 2020

Solid Investment Ideas which will stand with you in the coming CRISIS

Dear Fellow Travelers,

Namaste! In our last two posts, we have dealt with Bitcoin and Gold investments from a different perspective. If you can think about the larger picture – you will see what we are hinting at. Today, we will talk about something which can stay with you in the testing times – no matter whatever is the situation. There is two aspects of investments – investments in yourself and investing your money. We will deal with both of them. Let us start with the first.

 

Invest in Yourself: -

 

Investing in a self has many shades. I am dealing with the 5 mains according to me. Go through them and decide where you stand in comparison with the ideal standard. The beauty of them is – you don’t need tons of money to invest in them.

Multi-Dimensional Skill Sets: -

How many skills do you have over and above your education field or your routine work? I have seen many guys go to depression when they are removed from the job as the job was the only work, they knew their whole life. Your money will not last long – if you have consciously not developed multidimensional skill sets in you.

Reading: -

How many new books do you read in a year? My simple calculation is – if you read 20-30 pages a day – you can read 3 news books in a month assuming 300 average number of pages and 36 new books in a year. In a normal academic year – your kids study 6 subjects (6 books), so, if you read 36 books – you will have the education of 6 years in a single year.

I see people remain awake till late at night to binge-watch their shows. But when they take a book – they start getting asleep. They have no time to read books.

I have observed with my normal clients who are earning Rs.1 Cr per annum and above that, they are not buying and reading new books worth even Rs. 1 lakh in a year. They are okay to pay Rs.3000 for a drink in a good restaurant but they are not okay to invest and read Rs.1200 for a fantastic book.

Now, if you get panic when the situations turn negative – whom to be blamed?

Strong Personal Relationships: -

You may have 10000 likes on your Instagram or 1 lakh Twitter followers and 5000 Facebook friends. How many of them will be with you when you are really in a soup?

If you don’t have money / if you are not educated / if you are not interested in reading – you may be forgiven. But if you don’t have good personal relationships – you will go for a toss in normal troubles also.

If you have a use and throw mentality in your relationships – you will be a big failure when the times become tough with you.

Excellent Physical Health: -

If you don’t have Skill Sets / Not interested in reading / Not having good relationships – then also you can survive, provided you have good health.

When difficulties come – only your good health will be your real friend. With good health, you can do good physical work also to support your family.

Now, people are not ready to invest 1 hour daily for their health management. Can even God help them?

Healthy Eating Habits: -

Are you eating healthy home cook foods? How many times in a month you go for junk or nutrition-less foods?

There are two beautiful saying for Food – Anna Tevo Odkar(your thoughts are according to your food) and Anna Parambraham( food is god).

Your food will decide your success. Great sages and most enlightened people have given preference for Vegetarian freshly cooked foods.  

This is more than enough for your understanding.

What NEXT?

Today we have dealt with the most important aspect of investment success and that is you. The above 5 factors will keep you strong - Mentally, Emotionally, and Physically. 

If you are not proper in the above areas – don’t expect you will be successful in investing your money. This is my challenge.

If you are missing on any of the above parameters – take a serious note of them and start working on all the missing links now.

I will deal with the Solid Money investment idea in the next post.

Have a Happy Weekend.

Follow me on Twitter @hiteshmparikh Or on Whatsapp - +91-9869425399.

 

Live With Passion…Invest With Passion.

 

 

Hitesh Parikh.

 

Comments

  1. Excellent. These ideas are very simple. But nobody care it. It must necessary like body parts, without these there is no charms.

    ReplyDelete

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