The Most Authentic Guide on Personal Finance and Investments

Words of Wisdom : "Try to be a rainbow in someone's cloud." ~ Maya Angelou

Please introspect on these questions - sincerely & seriously

Human behaviour is extremely perplexing and confusing. It is full of strange baffling contradictions. 

Therefore, when I observe the many varied day-to-day situations (and some of these are listed below), I am forced to seriously wonder — Is the human being really as wise, intelligent and sensible as he thinks he is?

1. Do you hand over the keys of your house or bank locker to a stranger?
Then why do you disclose the PIN No. of your ATM / Debit Card to strangers?

2. Do you like to buy things at full price or wait for discount offers / seasonal sales?
Then why do you buy shares when the markets are booming and not when they are in dumps?

3. Do you think you are a better cricketer than Sachin Tendulkar or Virat Kolhi?
Then why do you think you are a better stock investor than the professionally qualified and experienced fund managers?

4. Do you pay Rs.100 for a bottle of coke costing Rs.35?
Then why are you Ok with three times the interest cost on your credit cards vis-a-vis the much cheaper secured borrowings?

5. Do you trust someone whom you know has the habit of repeatedly telling lies?
Then why do you believe the builders who have failed 99% times to deliver the property on time; and then face the double trouble of rents and EMIs?

6. Do you look at SUVs when you want to purchase an environmental-friendly and a fuel-efficient car?
Then why do you buy an insurance plan when your objective is a sound and efficient investment?

As is obvious, if you desire to become rich and wealthy, earning "more money" or getting "more returns" is not the right solution. Instead you have to become "more informed" and "more rational" in your approach towards your money. 

To make it REALLY... REALLY... SIMPLE for you, here's the 'Complete Personal Finance 9 Simple Lines'. 

You Learn A Lot By READING... And Even More By SHARING.

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Ignorance is like a SIGNED BLANK CHEQUE... anyone can MISUSE it.

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