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Showing posts with the label investment ; mutual funds ; long term ; short term ; patience

Investment Strategy - Learnings from Mahatma Gandhi

  Mahatma Gandhi, known for his messages of truth and self-reliance, has numerous facets to his charismatic personality. His life is full of examples of patience, self-belief, and persistence to the goal of Independence, with some financial lessons for us too. On the occasion of his birthday, here are a few of the Mahatma's mantras to keep in mind before making financial decisions: The future depends on what you do in the present It is perhaps one of the key financial lessons from Gandhi, who led the Salt Satyagraha (1930) with tenacity, keeping in mind the independence dream. Often people tend to postpone investment plans for tomorrow and enjoy their earnings “today”. But only  the decision to bring in financial discipline today will bring prosperity to us in our future . There is more to life than simply increasing its speed Gandhi’s sole goal was to free India from the British Raj, which he achieved after several years of patience and perseverance. Similarly, you must make  stea