• Have 1yr of emergency fund.
• Buy Term/Health Insurance.
• Save 50% of your income.
• For goals > 5y Invest In Index.
• For goals < 5y Invest In debt.
• Rebalance yearly.
• Avoid loans.
These six reduce about 99% of financial problems.
Simple and boring but not easy 🧘🏻♀️
• Have 1yr emergency fund
• Buy Term and Health Insurance
• Spend less than you make.
• Invest In Index for 5y>Goals
• Invest In debt for 5y<Goals
• Avoid loans.
These six reduce about 99% of financial problems.
Simple and boring but the truth 👊🏼
Rakhi Sawant, of Indian fintwit, was owned by a sane voice.
If early retirement and extreme greediness mess with your brain to this degree, then I don't want FIRE. 😂
The Bamboo Principle:
A bamboo tree takes 5 years to grow. It has to be watered and fertilized every day.
It doesn’t break through the ground for 5 years. And once it breaks, it will grow to 90 feet tall in 5 weeks!
If the result is not visible, just "Stay the course".
Just yelled at a friend for making stupid financial decisions and not opening an NPS account. He has been working for 20+ years.
Now I am afraid he won't call me back.
“It's important to associate with people that are better than yourself. The friends you have will form you as you go through life.
Make some good friends, keep them for the rest of your life, but have them be people that you admire as well as like.”
—Warren Buffett
• Have 1yr of emergency fund
• Buy Term/Health Insurance
• Save 50% of your income
• For goals > 5y Invest In Index
• For goals < 5y Invest In liquid
• Rebalance yearly
• Avoid loans
These 7 reduce about 99% of financial problems.
Simple and boring but not easy 🧘🏻♀️
Investing is not a T20 match. You can always bat the next day.
Wonderful 1-Pager by avid value investor
@rohitchauhan
on the importance of simplicity in investing.
I (
@ketpar
) have always refrained from making any statements outside of financial topics. But today, I wouldn’t hesitate to say that I am a proud Hindu and a staunch follower of Sanatan Dharma and the great civilization which has the longest history in the world.
Santana Dharma is the basis of this ancient civilisation. It will last as long as this civilisation lasts. No human can destroy either this civilisation or sanatana dharma. I'm proud of our civilisation.I'm a proud follower of sanatana dharma.