Yesterday's announcement has boosted the morale & sentiments of corporates & #investors. Few #FinancialAdvisors & #MutualFund houses are too excited because of the same, which they must curtail. #Equity based #mutualfunds are long tenure assets - Why Focus on 1 Day Rise!
#InstantGratification by profit booking is cup of tea of traders not of #investors. True #investors are in for long haul. @FinMinIndia move will have more impact in corporate books because of tax reduction. Will this ensure corporate profitability in sales - No! So, What Will !!
#Sales can only increase when the #Products are in #Demand. Bare necessities will keep on selling but certain products will only be in demand when masses will have #money power in their #bank #accounts. In general too much tinkering without #planning rarely works. @TheEconomist
A well drafted #plan will not require tinkering within couple of months. #CashFlow in #finance has an important role to play. Frequent #Buying & #Selling will blow the #cashflow. Good #investments must be boring, too much excitement is neither good for #wealth nor #health.
Will these measures by @FinMinIndia yield nothing! They surely will, but for #investors only #goals based #planning will yield everything. Govt. is doing their job & only results will speak of the same. #FinancialAdvisors must focus on theirs i.e. #wealth creation! @networkfp
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