3/5
Some basic pointers on #COVID19
In non medical language . I have shared my experience & some Do's and Don'ts - HOW TO WEAR MASK , WHICH MASK etc (* again cross verified by doctors)
4/5
Sharing superb information by Dr.@ArvinderSoin on HOW to go about things if one is #COVID19 positive.
Written in simple language.
Pls don't panic unnecessarily . π
Pls read & be informed .
FEAR of the unknown causes us to be irrational.
5 /5
Sharing this brilliant thread by @cspramesh once again .
Pls READ. UNDERSTAND. We all are angry at the politicians. But for now let's focus on WHAT is required.
#COVID19 hasn't stopped the Family Trust activities even in 2021.
Financial Assistance in Education of 170 needy students amounting to βΉ16lakhs was provided , thanks to donors.π
Pending applicants will be helped as need arises.
2/4 Updates from different Shiksha angans
*Notebooks & Stationeries for students were arranged.
*A Computer with a good table was provided .WiFi will be installed shortly.
*Books , Eatables & Carrom Board given.
*Girls learning Mehendi well.
We all wish to be #FI
Investing sensibly is the only way to achieve this.
Hence #AssetAllocation becomes important , as we need to, BOTH PROTECT & GROW OUR CAPITAL to meet our goals in life.
A basic thread in simple language for beginners.
If useful , pls do share ππ
2/10
Asset Allocation is an Investment Portfolio technique .
It aims to mitigate the risk by distributing our investable surplus across different asset classes like Equity, Debt, Gold, Real Estate, MF, Cash or Alternates after Risk Profiling of the investor.
An example π
3/10
ITS NECESSITY
Every Asset class has its risks & it's impossible to predict which would fetch the best possible returns.
Imagine if one had invested only in Equities in 2007/ 2019 or in Real Estate at its peak in 2011 with a hefty loan with no shock absorber in place ! π€·
Dad took 22 years to become #FI despite having many expenses & very less salary back then.
I wish to share a few points of his journey.
It's all pure common sense & nothing extra ordinary .
If HE can , WE all can :))
Read on ....
2/6
* He saved first , spent balance.
* Invested month after month as @FI_InvestIndia keeps saying.
* Stayed invested through all the scams & bottoms . Invested more whenever he had surplus
* He averaged up & down
* Learnt Finance by doing MFM from JBIMS. Ensured Conviction.
3/6
* Never leveraged . Only invested his own money.
* Was conservative .
* Let go of many opportunities & STUCK to what he UNDERSTOOD.
( Held onto HUL & topped up when it did not budge for a decade) -
Result ? A loan free property.
Dad told me about how his just retired friend's 25 year old insisted on liquidating F.D's worth a sizeable amt ( kept for EMERGENCY ) today as the son KNEW he could EARN SO MUCH MORE from markets in JUST a month ! π€¦
A thread on the same for NEWBIES.
2/8 2020 was exceptional !!
A brutal crash followed by an unimaginable run due to liquidity.
NO. IT DOESN'T MAKE YOU TALENTED IF YOU HAVE MADE 50%+ RETURNS THIS YEAR.
Even a GROUNDED AIRLINE scrip is flying. That doesn't make you an expert.
IT JUST MAKES YOU LUCKY! π€·
3/8 An experienced person with a modest risk appetite would be happy with 12-15% CAGR over a long term.
Most get caught at higher ends. ( Few accept it )
Only a HANDFUL enter at bottom ( Mostly Newbies).
You never know WHEN YOU too might get caught at the higher end!