Sunday, October 27, 2019

The Dal - Roti approach to investing ...a primer

"I know my risk appetite and I know it changes based on earnings. Be open to change"

  • Spend wisely. Don't be wasteful with your money
  • Avoid Debt, except for buying a house
  •  If there is an existing high-interest loan going, repay it first rather than investing
  • Be patient with your investments. Patience is a virtue
  • Increase your investments, with every increase in income
  • In the field of finance, you learn every is never complete!
There are several theories on investing. The dal- chapati approach is always, always better. Try the greens and pickles as garnishing, and top it off with some ras malai, once in a while!
But sticking to the basics, always...always matters!