The Seven Pearls of Investing
1) Start Investing before you are ready : The little extra time makes a you lot of extra money
2) Fail Fast Gain Wisdom : The market teaches us to fail, learn and accept things in order to grow. Failure is the price for growth
3) Seek a Goal, Not Returns : Goals are the visible and achievable parts of investing Returns on the other hand is the engine that accelerates and decelerates based on the road conditions
4) Its normal for Parents and Friends to encourage traditional instruments :They speak from their experience. However things change with time but their advice is till stuck in time
5) Investing is growth and growth is life : But Growth has its Moods. One always needs guidance to deal with moods
6) Investing is interesting because it is Challenging. It makes stick to our path of righteousness despite the odds of greed and fear
7) Never tell your Advisor ‘How ‘to do things but spell out clearly ‘What ‘needs to be done. The “What” belongs to the Investor but the “How” belongs to the Advisor