Make Holi as Fingoli!
There are lot of Money Lessons to be learnt from Holi. Make this Holi as Fingoli.Start investing by understanding the Yin and yang of investing.
Fingoli Learning no.1:
Like the various colours used during Holi, diversify your investments across different asset classes such as stocks, bonds, and real estate based on your financial Goals. Create an All-weather Investment portfolio that can reduce risk and offer Optimal returns.
Fingoli Learning no.2:
To celebrate Holi you need to be well prepared prior to the event, like preparing concoction of colours, buy pichkaris or water guns, water baloons, prepare sweets, etc
Before investing Prepare your Expense sheet, Goal sheets to do your financial planning.
Fingoli Learning no.3:
Many apply oil before playing Holi to avoid the hard colours sticking to the body and to avoid allergies. Same way hedge your Investment with safer asset classes as well to have liquidity. Look before you leap is what we say.
Fingoli Learning no.4:
Some use Bhang- a drug which is an edible prepared from cannabis plant. Although it’s been used for ages, still not advised to consume unless in control or under supervision. Same way risky assets are to be understood and invested with caution by investors for their long term wealth creation. Speculating is gambling and so investors should not turn out to be traders in Equity.
Always seek an Advisor for managing your Investment portfolio. Self- Investing is injurious to Wealth.
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