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Financial Five

Financial Five Series 25

  1. If you want stupendous returns of the historical past you must accept the gut-wrenching declines of the historical past.
  2. It’s a psychological stress of the major market declines and not the declines themselves with which the excellent advisor must deal.
  3. The shortest time period measurable by man is the time between ” when it’s too soon to buy equities” and “when it’s too late”.
  4. The amateurs “bear market” is the professional’s “big sale”.
  5. The excellent investment advisor knows that all value is born out of chaos and order reasoning panic.

Dharmendra Satapathy

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Financial Five

Financial Five – Series 24

  1. Happiness is in goals and not “returns”. 
  2. Your thoughts affect your investing. Keep fear and greed far far away.
  3. Smile because you are blessed with the Power of Compounding.
  4. Kindness is free but advice has a fee.
  5. It is s ok to let go notional losses. Just move on and continue your investing journey.

Dharmendra Satapathy

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Financial Five

Financial Five – Series 23

1) The past is irrelevant.

2) Opinions can hurt. Don”t ask too many people for advice.

3) Everyone”s journey is different. Understand yours.

4) Don”t allow your ego to engage with professional advice.

5) Over thinking will never allow you to start & not starting is certainly the end of your dreams.

Dharmendra Satapathy

 
 
 
 

 

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Financial Five

Financial Five – Series 22

  1. Market volatility is temporary. Don”t let it damage your future goals permanently.
  2. An honest approach to advisory earns you the trust of prospects. Some may choose to play others may choose to leave. So be it. A Financial Advisor”s job is largely just to clarify and not mystify further.
  3. Investing isn”t an “all roses no thorn” option. It”s about “good life but at the cost of some sacrifice.
  4. Inflation is a number that conceals many a subsidies and inefficiencies. 
  5. None can destroy an investor more than his own rusted perceptions about the market that ignore the winds of education. 
Dharmendra Satapathy
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Financial Five

Financial Five – Series 21

  1. We say markets “correct” perhaps because they were “wrong” earlier. Now wouldn”t you embrace a corrected market?
  2. Markets being down is an opportunity. Markets being up is a celebration. Now you decide what you want.
  3. People temporarily turn deaf & blind when markets present an opportunity. Those with an advisor protestingly grab the opportunity
  4. Somebody will die with 1cr. somebody with 10cr. What is important is to live well & keep your purchasing power intact till the end.
  5. Without a destination your ticket is meaningless. And without goals your investment too is meaningless.
  6. The flight (equities) may be delayed but train (debt) isn”t an alternative for a long term “investment” journey.

Dharmendra Satapathy

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Financial Five

Financial Five – Series 20

  1. Wisdom is prevention; Wisdom ain’t heroism; Wisdom is staying invested & doing nothing.
  2. Investing is about your goals, your life, your journey. Focus and never allow your mind to get distracted by the journey of other
  3. Give me the serenity to accept markets as they are, to change my ways of investing & wisdom to comprehend the power of compoundin
  4. Risk in investment are like speed breakers on a road. Both have to be negotiated but cannot be avoided.
  5. Personal Finance is a way to use uncertainty and patterns to reach our goals.
  6. A person goes to a doc & chemist to solve an urgent problem whereas Financial problems are never urgent in nature.

Dharmendra Satapathy

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Financial Five

Financial Five – Series 19

  1. You don’t have to be wealthy to start but you have to start to be wealthy.
  2. “A moment of patience” during the moment of greed or the moment of fear is the formula for wealth creation.
  3. Money, time & focus are the ingredients for wealth creation.
  4. Worry makes your hurry but before you scurry get a little educated about the investment curry.
  5. Investing is about your goals, your life, your journey. Focus and never allow your mind to get distracted by the journey of others.

Dharmendra Satapathy

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Financial Five

Financial Five – Series 18

  1. A lot of wealth is locked up in real estate because people say, कुछ तो अपना होना चाहिए Question is, ज़िन्दगी में अपना क्या है ?
  2. Had money not been locked up by assets of illiquidity, daily quality of life would’ve increased by assets of liquidity.
  3. Remember the airplane takes off against the wind and markets take off against people’s belief & perceptions about it .
  4. Predictions are accidents but wealth management ain’t one. Don’t let self confidence become over confidence. Consult a professional.
  5. A Consultant, a Financial Advisor, an Outsider view, a Sounding board essentially erase “emotions” from decisions.

Dharmendra Satapathy

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Financial Five

Financial Five – Series 17

[ordered_list]1.Traditional education teaches you to focus on the price. Experience makes you recognise value and taste success

2.Understanding people / customers is more important than understanding products

3.Advisory fee for an SIP of Rs 5000 a month is under Rs 500 per year.Some forgo investing to save this

4.Self-discipline paves the way for commitment, sincerity leading to compounding returns

5.You can never bungee jump on your own. You need a little push. The same is with investing. A little push makes all the difference.[/ordered_list]

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Financial Five

Financial Five – Series 16

[ordered_list]1.He with money ain’t as rich as he with audacious goals

2.Many enterprises and success stories remains buried under the sea of EMIs

3.The extra room that you never use is a loss of Rs 10cr. over 20 yrs.Choose your home based on the size of your need instead of ego

4.Every Financial Advisor needs to shed the robe of a salesperson and wear the robe of an educator

5.Focussing on the price is a circular path. Focussing on value is a compounded path.[/ordered_list]