NEVER MIX MONEY WITH RELATIONSHIPS
Lord Rama sought Sugreeva's help in finding Sita, leading to the
demise of Bali, and making Sugreeva the king. However, Sugreeva became engrossed in
palace life, forgetting his promise. Laxman's strong wake-up call mirrors the
irony of lending money to friends or relatives. It may reach a point where you must
remind them, jeopardizing the relationship. The unspoken rule emerges never mix
money with relationships. The delicate balance between financial matters and
personal connections highlights the importance of clear boundaries to avoid
straining bonds over hard-earned money.
DIVERSIFICATION:
Successful Investing requires a diverse investment portfolio to boost financial power. Exactly like how Lord Ram had strategic alliance and help from Sugriva, Hanuman, and Vibhishan.
Investments in multiple assets help your portfolio to become strong with the ability to withstand any shocks like Lord Ram forming a team with diverse strengths.
NEED FOR PROTECTION:
Remember the scene in Ramayana where Laxman was on the brink of
life, and Hanuman fetched a magical herb? In real life, there's no Hanuman or
magic herbs—just reality. A sudden illness or twist of fate can leave your
family grappling with grief and financial stress. That's where life and health
insurance come in, not as heroes but as practical guardians. Picture life
insurance as a safety net, promising that if you're not there, your loved ones
won't fall. It shields against unexpected storms—ensuring bills are paid,
education is secured, and dreams don't crumble. Health insurance is your
warrior against illness, battling medical bills. Don't wait for a magical
rescue; secure your life and health today. It's an act of love, promising your
loved one’s protection and support in the face of the unknown.
BUDGET IS A MUST:
Draw a Line in the Sand: Your Lakshman Rekha
for Finances
Remember the Lakshman Rekha in
Ramayana, the sacred boundary that protected Sita? In your financial life, you
too can create a similar Lakshman Rekha – a budget. Just as Lakshman guarded
against threats, your budget safeguards you from overspending and financial
chaos.'
The key is to distinguish
between needs, like rent and groceries, and wants, like that fancy gadget or
impulsive shopping spree. Treat your budget like
Lakshman, firmly discerning the
essential from the tempting. Prioritize needs, allocate wisely, and any remaining can be for
occasional indulgences, just like Lakshman allowed
for Hanuman's occasional playful banter.
Remember, your financial well-being is
in your hands. Take control, create your Lakshman Rekha, and step into a future of
prosperity and peace of mind.
NO SHORT CUTS:
During Lord Ram's 14-year 'Vanvas,' he faced several hardships,
including the kidnapping of Devi Sita. Instead of taking shortcuts, he waited
for the right moment with steadfast patience.
Similarly, in the domain of investments, it's
equally important to endure market volatility and remain committed for the long
term.
Lord Ram's vanvas episode shows us the power
of patience and persistence for success.
.
Shortcuts might seem tempting, but remember, true success, like rescuing Sita,
takes time and dedication. So, stay calm, stay invested, and watch your
financial forest blossom with the fruits of your patience.
Beware the Mantharas in Disguise:
Kaikeyi heeded Manthara's bad advice, leading
to disaster in the entire Ayodhya.
In finances, avoid a 'Manthara.' Picking trustworthy advisors is vital, akin to
reliable companions on your financial journey.
Don't let social fin experts who are not answerable to you and don’t even know
your financial situation steer you astray;
Opt for advisors aligned with your goals, who understand your financial
requirements, and asset allocation thus ensuring a stable path to financial
well-being.
Be careful of anyone who
promises speedy returns or offers "too good to be true" deals. Perhaps all they want is your money,
not your well-being. Remember, if it sounds too good to be true, it probably is!
Choosing the right financial
advisor can be the difference between a happy ending and a Ramayana-style
tragedy for your finances. Do your research, avoid Mantharas in disguise, and
find an AMG (Advisor/Mentor/Guide) who
genuinely cares about your financial health, and guides you to the path of
Financial Freedom.
Start Small, Grow Steadily
A financial corpus takes time and careful
preparation to develop. To accomplish their aim of vanquishing Ravan, Bhagwan
Ram and Laxman painstakingly built a network and Vanar Sena over the years,
starting from nothing.
just as Rama didn't rush into battle with
Ravana, don't get tempted by quick fixes or risky shortcuts. Building a strong
corpus takes time and discipline.
Building a corpus takes time and dedication. Don't get discouraged by
short-term setbacks. Remember, Ram faced many obstacles before reaching
Ayodhya. By consistently investing, diversifying your portfolio, and seeking
expert guidance, you'll gradually build a strong financial fortress, ready to
face any Ravana-type devil in the form of inflation and taxes.
FOCUS ON SOLUTIONS, AVOID THE BLAME GAME:
Despite his greatest attempts, Lakshmana
failed to prevent Sita Mata's kidnapping. Lord Ram
refrained from blaming Lakshman; Rama
immediately shifted his focus to finding solutions. He gathered allies,
strategized, and ultimately rescued Sita.
Likewise, in the realm of finances, mistakes
are inevitable. Whether investing in the wrong fund, facing unforeseen losses,
or overlooking opportunities, errors happen. Yet, akin to Rama's approach, the
crucial step is to release regrets and embrace solutions.
Learn from mistakes, focus on solutions
change your strategy if required, and take decisive action turning mistakes into
stepping stones to Financial Freedom.
CONCENTRATE ON THE LARGER PICTURE. YOUR ULTIMATE GOAL:
Following Sita's abduction. However, Lord Ram
did not crumble. He overcame every adversity with unrelenting determination,
his sights fixated on the goal: Sita's rescue.
Similar sensitivity is regularly seen in the
stock market's ups and downs. Rather than giving in to a passing panic, find
motivation in Rama's dedication.
Maintaining focus on your long-term financial objectives and being undeterred by
market swings is the true mantra for success in equity markets.
Concentrate on the Bigger Goal of Financial Freedom and don’t get swayed.
SIPs are Your Bridge to Success
Each stone, carefully laid
by monkeys and Vanaras, created a bridge between Rameshwaram and Lanka bringing
Prabhu Ram closer to his goal of defeating Ravana. 
Similarly, your financial goals can be reached through a similar
bridge: the bridge of SIPs.
The monthly disciplined small investments in Equity Mutual Funds called SIPs are like the Vanaras (monkey
army) building the bridge to your Financial Freedom.
With each SIP, you lay another stone on your
path to financial freedom. Start small, be consistent, and trust the power of
compounding. Remember, the earlier you start, the more time your money must
grow. Don't wait for the perfect moment, start building your Financial Freedom
bridge today!
AVOID GREED... THE
GOLDEN DEER:
Sita being lured away by the golden deer perfectly captures the danger of
chasing unrealistic investment promises. The Golden deer shimmering beauty masked its true purpose: to distract and deceive. Similarly, the lure of "too-good-to-be-true" investment returns, often promising the moon, can be equally dangerous.
- High-promised
returns often come with high risks, like volatile investments or even
scams. Don't fall prey to the glitter, prioritize stability and long-term
growth.
- Just like Lakshmana
tried to caution Sita, financial advisors, and experts often warn against
chasing unrealistic returns. Heed their advice and stick to your Lakshmana
Rekha of sensible investing.
- Educate yourself about different investment options and
risks. The more informed you are, the better equipped you are to make wise
decisions and avoid falling prey to financial traps.
- Even better, get an
AMG to handhold you.
AMG = Advisor/Mentor/Guide
Forget Sanjeevani,
Grab the Hill:
Hanuman lifted the entire mountain, Dronagiri, as he couldn’t pinpoint and find the life-saving Sanjeevani herb
While finding a single "multi-bagger" stock (a stock that increases
in value many times over) can be like searching for needles in a haystack,
there's a simpler, Hanuman-approved approach: EQUITY MUTUAL FUNDS
Equity Mutual funds hold a basked of 100s of top class companies.
So no need to go in search of that elusive Gem of a stock.
Equity MutualFunds automatically spread your investment across various
companies, reducing risk and protecting you from volatility. It's like carrying
the whole hill, ensuring you don't miss out on any hidden Sanjeevanis...
Seek guidance from qualified financial advisors who can help you choose the
right index funds based on your risk tolerance and goals.
RELEASE EGO
The mighty Ravana, his ten heads brimming with pride, refused to acknowledge his faltering grip on Sita, and this
arrogance led to his downfall.
Allowing ego to dictate your decisions,
particularly when it comes to holding onto losing investments, can have dire
consequences for your financial well-being.
Understand that reducing losses is a calculated decision rather
than a show of weakness. As with loss-booking, it's important to evaluate and
adjust, getting rid of underperforming assets to make room for other, more
successful financial choices. Ravan's story is a sobering lesson to put reason
above emotion, particularly in the ever-changing world of investing.
In Conclusion:
These timeless financial lessons from the Ramayana will help you
create a solid financial foundation and set yourself up for success as you work
toward your financial objectives. Recall that the road to prosperity is paved
with perseverance, self-control, prudent decision-making, and a small dose of
heavenly inspiration from the epic itself.
Regards
Srikanth Matrubai
All the best,
Regards,
Srikanth Matrubai
https://t.me/joinchat/AAAAAELl4KUnaJzi-JJlDg/
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