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India celebrated Independence day in a Grand and with more Optimistic manner this time. It's because of Narendra Modi and his Independence day speech about Brand India. India is seeing a capable speaker and a fabulous advertiser in Narendra Modi who made an impact on every Indian. In spite of the fact that the jury is still out on whether he can satisfy the desires of Indian, Retail Small Investors absolutely remained to increase from him. Narendra Modi has exhibited numerous qualities that could bring out a significant improvement in a small investor and would make him a richer and better investor. Small investors can learn few financial lessons from Narendra Modi and can attach these lessons to Investor's financial journey and can harvest profits. We will see the Best Financial Lessons that we can learn from Narendra Modi in this article.Â
Narendra Modi likes in simplicity, brief and focus and he disliked clutter of any sort and thus began the 'Cleaning Drive' beginning with the MPs / Ministers / and other prominent persons. Prime Minister made clear that the presentations have to bring out the important issues to the forefront.
Similarly, the small investor has to make his portfolio simple and brief so that he can manage his portfolio with ease.Ideally, the portfolio should focus in 4 - 5 sectors only like Mutual Funds, Stocks, Debts, Real estate etc. If the portfolio is too large it is very difficult to maintain the portfolio. It is better to distribute your portfolio among various asset classes and sufficient diversification should be taken care.
Narendra Modi lives in Discipline. He never moves out of his disciplined approach even for small things. This is the great thing to learn from our Prime Minister. Small Investors should also adopt the discipline in investing. Investor should follow the disciplined and systematic Investment (SIP) approach towards investing to achieve all financial goals. Every one should prepare an Investment approach and should follow with this approach with discipline. You should not give up.Â
Narendra Modi did not achieve Brand Gujarat in one day. He had a vision and  planned with long term goals and worked hard to build Gujarat. Almost 10+ years of his hard work made Gujarat a No.1 state in India. And now this same long term vision being applied to India to make it Brand India. Yes, it may take time, but definately will achieve. Farther the horizon, sweeter the success. Small Investors should apply this Long term strategy for investments. Mutual funds or stocks always gave very good returns if you invest more than 5
years. Therefore, think of long term and stay away from the short term distractions.
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Narendra Modi did not hesitate to say big NO to under performers in his cabinet. Each member of his cabinet always on their toes and on the top of things. Small Investors should also follow the same approach. Keep review your portfolio at least once in 6 months, and if you find any under performing assets do not hesitate to surrender even if it is a loss for you.Â
When time demands, Modi took risks and harsh decisions to take the control of the situation. Similary small investors should take risks in investments to see better returns. Many small investors used to invest in safe investments like Bank FDs / Endowment Insurance Policies / Postal savings etc. Yes, they are safe Investments, but the returns are negligible when you consider the inflation and tax. Take risk get returns. Investing in Mutual funds for a long term through SIP approach always gives you inflation beat returns.
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Narendra Modi prefers to keep himself updated with domestic and international affairs. You can expect a tweet from PM with in minutes of any major event in the world. Small Investors should also keep up their mind with new developments in and around the Market. This would help in reshuffling his portfolio up to date. We believe Gold is a good investment for hedging, however recently lost its sheen because of the Global economic developments. Investors should keep track of these trends and accordingly should alter his portfolio.
A different and visionary thinking made Narendra Modi from a common man to a Prime Minister. For eg., Power is the backbone of any country's economic development. All the states run for hydrel and thermal power to meet their power requirements. But, how many states today meeting their power requirements with 100%. Narendra Modi visioned the importance of Solar power and Wind power and encouraged in large scale in Gujarat. Now, Gujarat is the only state which is providing 24 Hrs power supply in all seasons.
Like wise, small investor should think different in investing. Every dip in the Market is an opportunity to buy. When Market crashes, you can get value stocks at cheaper price and should buy those stocks. When Markets rally, you should sell the stocks.
To grow you should come out from the comfort zone. Narendra Modi is the person who accepts the changing times, took tough decisions in good faith and succeeded. Winning person always take tough decisions to align with changing world to taste the victory.
Likewise, small investor should also absorb the changes in the current economic world and accordingly should select the investment products to see the results. You should come out from investing into old traditional investment products and look for other products which are giving better returns steadily.
The above financial lessons are not only for Small investors but to every one. I strongly accept that we should not only applying these lessons to finance, but should also be implemented in our real life as well to get the final results to our greater satisfaction.
India celebrated Independence day in a Grand and with more Optimistic manner this time. It's because of Narendra Modi and his Independence day speech about Brand India. India is seeing a capable speaker and a fabulous advertiser in Narendra Modi who made an impact on every Indian. In spite of the fact that the jury is still out on whether he can satisfy the desires of Indian, Retail Small Investors absolutely remained to increase from him. Narendra Modi has exhibited numerous qualities that could bring out a significant improvement in a small investor and would make him a richer and better investor. Small investors can learn few financial lessons from Narendra Modi and can attach these lessons to Investor's financial journey and can harvest profits. We will see the Best Financial Lessons that we can learn from Narendra Modi in this article.Â
Best Financial Lesson that Small Investor can Learn from Narendra Modi:
1. Brief and Simple in Portfolio:Â Â
Narendra Modi likes in simplicity, brief and focus and he disliked clutter of any sort and thus began the 'Cleaning Drive' beginning with the MPs / Ministers / and other prominent persons. Prime Minister made clear that the presentations have to bring out the important issues to the forefront.
Similarly, the small investor has to make his portfolio simple and brief so that he can manage his portfolio with ease.Ideally, the portfolio should focus in 4 - 5 sectors only like Mutual Funds, Stocks, Debts, Real estate etc. If the portfolio is too large it is very difficult to maintain the portfolio. It is better to distribute your portfolio among various asset classes and sufficient diversification should be taken care.
2. Disciplined Approach:Â Â
Narendra Modi lives in Discipline. He never moves out of his disciplined approach even for small things. This is the great thing to learn from our Prime Minister. Small Investors should also adopt the discipline in investing. Investor should follow the disciplined and systematic Investment (SIP) approach towards investing to achieve all financial goals. Every one should prepare an Investment approach and should follow with this approach with discipline. You should not give up.Â
3. Long term Strategy:
Narendra Modi did not achieve Brand Gujarat in one day. He had a vision and  planned with long term goals and worked hard to build Gujarat. Almost 10+ years of his hard work made Gujarat a No.1 state in India. And now this same long term vision being applied to India to make it Brand India. Yes, it may take time, but definately will achieve. Farther the horizon, sweeter the success. Small Investors should apply this Long term strategy for investments. Mutual funds or stocks always gave very good returns if you invest more than 5
years. Therefore, think of long term and stay away from the short term distractions.
4. Say No to Under-performers:
Â
Narendra Modi did not hesitate to say big NO to under performers in his cabinet. Each member of his cabinet always on their toes and on the top of things. Small Investors should also follow the same approach. Keep review your portfolio at least once in 6 months, and if you find any under performing assets do not hesitate to surrender even if it is a loss for you.Â
5. Take Risk:
When time demands, Modi took risks and harsh decisions to take the control of the situation. Similary small investors should take risks in investments to see better returns. Many small investors used to invest in safe investments like Bank FDs / Endowment Insurance Policies / Postal savings etc. Yes, they are safe Investments, but the returns are negligible when you consider the inflation and tax. Take risk get returns. Investing in Mutual funds for a long term through SIP approach always gives you inflation beat returns.
6. Keep Updated:
Â
Narendra Modi prefers to keep himself updated with domestic and international affairs. You can expect a tweet from PM with in minutes of any major event in the world. Small Investors should also keep up their mind with new developments in and around the Market. This would help in reshuffling his portfolio up to date. We believe Gold is a good investment for hedging, however recently lost its sheen because of the Global economic developments. Investors should keep track of these trends and accordingly should alter his portfolio.
7. Think Different:
A different and visionary thinking made Narendra Modi from a common man to a Prime Minister. For eg., Power is the backbone of any country's economic development. All the states run for hydrel and thermal power to meet their power requirements. But, how many states today meeting their power requirements with 100%. Narendra Modi visioned the importance of Solar power and Wind power and encouraged in large scale in Gujarat. Now, Gujarat is the only state which is providing 24 Hrs power supply in all seasons.
Like wise, small investor should think different in investing. Every dip in the Market is an opportunity to buy. When Market crashes, you can get value stocks at cheaper price and should buy those stocks. When Markets rally, you should sell the stocks.
8. Change is Constant:
To grow you should come out from the comfort zone. Narendra Modi is the person who accepts the changing times, took tough decisions in good faith and succeeded. Winning person always take tough decisions to align with changing world to taste the victory.
Likewise, small investor should also absorb the changes in the current economic world and accordingly should select the investment products to see the results. You should come out from investing into old traditional investment products and look for other products which are giving better returns steadily.
Conclusion:
The above financial lessons are not only for Small investors but to every one. I strongly accept that we should not only applying these lessons to finance, but should also be implemented in our real life as well to get the final results to our greater satisfaction.
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