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5 Important investing Lessons from Ganesha - The Lord of Success
Posted On Monday, Sep 18, 2023
Ganesh Chaturthi celebrations is a time for festivities, fervour and above all considered an auspicious occasion to start the journey to usher in prosperity. Lord Ganesha is revered for his wisdom, and the ability to remove obstacles.
As we celebrate Ganesh Chaturthi, let us reflect on the timeless wisdom and valuable investing lessons that he imparts.
1. Be Market Aware
Lord Ganesha's large head symbolizes his incredible wisdom and intellect. Similarly, successful investing requires sound judgment and careful decision-making. Just as Ganesha thinks before he acts, it’s important to carefully research investment choices, weigh the risk-return dynamics, and make informed decisions that align with your financial goals.
2. Overcome Obstacles
Just like Lord Ganesh use His trunk to overcome various obstacles, in the world of investments, obstacles can be several—market movements, uncertain global environment, emotional biases, and financial emergencies, among others. It’s important to embrace obstacles as opportunities for growth and find ways to navigate them to thrive in the investment landscape.
A wise investment avenue to ride through the market swings can be with an SIP that helps you to exercise discipline to overcome market uncertainties.
3. Patience and Long-Term Vision
The broken tusk of Lord Ganesha is a symbol of sacrifice and wisdom. In the realm of investments, patience and a long-term vision is crucial to generate financial rewards. Just as Ganesha sacrificed his own tusk to write the Mahabharata, sometimes you may need to make sacrifices or compromises in the short term to achieve your long-term financial goals. This could involve setting aside temptations or taking calculated risks to secure a better financial future.
4. Diversification and Balance
Ganesha's balance on a mouse signifies the importance of balance. Similarly, it’s important to seek a balanced portfolio by diversifying your investments across various asset classes and industries. This strategy can help mitigate risks and maintain financial stability.
At Quantum, we have laid out a proprietary Asset Allocation Strategy (12|20:80 or Barah, Bees Aur Assi) that can help you achieve balance and achieve risk adjusted returns.
5. Listening and Learning
Ganesha's large ears symbolize being tuned to prudent advice and staying informed and continuously educating oneself about financial markets, and economic trends is crucial. Moreover, learning from both successes and failures can lead to better investment decisions. It is this thirst for learning that will empower you to manage your investments better.
Thereby, by embracing Ganesha's qualities of wisdom, balance, listening and patience, you can navigate the investment landscape with confidence and attain the prosperity and abundance over the long run. Make an auspicious start to Ganesh Chaturthi by starting or stepping up your SIPs and gradually increasing it towards achieving financial success and fulfilling your goals.
Disclaimer, Statutory Details & Risk Factors:The views expressed here in this article / video are for general information and reading purpose only and do not constitute any guidelines and recommendations on any course of action to be followed by the reader. Quantum AMC / Quantum Mutual Fund is not guaranteeing / offering / communicating any indicative yield on investments made in the scheme(s). The views are not meant to serve as a professional guide / investment advice / intended to be an offer or solicitation for the purchase or sale of any financial product or instrument or mutual fund units for the reader. The article has been prepared on the basis of publicly available information, internally developed data and other sources believed to be reliable. Whilst no action has been solicited based upon the information provided herein, due care has been taken to ensure that the facts are accurate and views given are fair and reasonable as on date. Readers of this article should rely on information/data arising out of their own investigations and advised to seek independent professional advice and arrive at an informed decision before making any investments. Mutual fund investments are subject to market risks read all scheme related documents carefully. |
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