I keep hearing from people who don't invest money that they don't really 𝗻𝗲𝗲𝗱 it. That they stay with their parents and earn more than enough for spending it on luxury. That they'd rather invest money in "experiences" than Mutual Funds or stocks (1/n)
The biggest reason to invest money is not to buy a luxury car or a duplex apartment. It is for 𝗳𝗶𝗻𝗮𝗻𝗰𝗶𝗮𝗹 𝗶𝗻𝗱𝗲𝗽𝗲𝗻𝗱𝗲𝗻𝗰𝗲. And nobody sums it up better than Morgan Housel. (2/n)
"The highest form of wealth is the ability to wake up every morning and say "I can do whatever I want to today".
People want to become wealthier to keep themselves happier. Happiness is a complicated subject because everyone is different. (3/n)
People want to become wealthier to keep themselves happier. Happiness is a complicated subject because everyone is different. (3/n)
But if there's a common denominator in happiness - a universal fuel of joy - it's that 𝗽𝗲𝗼𝗽𝗹𝗲 𝘄𝗮𝗻𝘁 𝘁𝗼 𝗰𝗼𝗻𝘁𝗿𝗼𝗹 𝘁𝗵𝗲𝗶𝗿 𝗹𝗶𝘃𝗲𝘀.
The ability to do what you want, when you want, with who you want, for as long as you want, is priceless. (4/n)
The ability to do what you want, when you want, with who you want, for as long as you want, is priceless. (4/n)
It is the highest dividend money pays. (5/n)
And THAT is what investing money in the right place gives you - the freedom. THAT is what 𝗳𝗶𝗻𝗮𝗻𝗰𝗶𝗮𝗹 𝗶𝗻𝗱𝗲𝗽𝗲𝗻𝗱𝗲𝗻𝗰𝗲 literally means. (6/n)
Today in India, there are less than 3 crore individuals who invest in Mutual Funds. The number of investors in stocks is similarly low. The remaining are either not investing at all or are investing in Fixed Deposits, both ways eating up their wealth. (7/n)
We're trying to create a better money management culture with Jackfruit, and hope to help people start their #PersonalFinance journey. Follow our newsletter (lnkd.in/eQYaate) if you want to invest but don't know where to begin! (n/n)
#investment #wealthmanagement #money
#investment #wealthmanagement #money
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