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Wealth of Wisdom - WOW

Logo of telegram channel mutualfundworld — Wealth of Wisdom - WOW W
Logo of telegram channel mutualfundworld — Wealth of Wisdom - WOW
Channel address: @mutualfundworld
Categories: Economics
Language: English
Subscribers: 7.27K
Description from channel

Wisdom, News, views, info, analysis & more from the WORLD OF INVESTMENTS to help you create MOUNTAINS OF WEALTH
All posts here is purely for Information Purposes.
Strongly encourage you to contact your Financial Advisor before taking any decision

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The latest Messages 226

2021-04-16 09:24:01 Be patient and disciplined in your approach. Don’t let your emotions lead you to make irrational decisions. Remember, there is no room for emotions in your investment portfolio. It should be acted upon rationally and with the best available financial knowledge. Seek a financial adviser if you need additional guidance or if it's too much to handle.
637 views06:24
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2021-04-16 07:57:01 The WIN-WIN approach to Wealth Creation

https://srikavimoney.blogspot.com/2021/04/core-and-satellite-approach-to-investing.html
692 views04:57
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2021-04-15 19:57:37 https://amzn.to/3saf2Ei

Paperback
₹ 119.00 incl. GST
Do you wish to acquire the wealth, power, and prestige that you always dreamed of? Then this is the book for you. In how to raise your own salary, Napoleon Hill brings to light a blueprint of success. In it are seventeen principles of personal achievement, such as ‘go the extra mile,’ ‘Develop an attractive personality,’ ‘cultivate a creative vision,’ to name a few. These steps of personal growth and advancement were taught to Hill by Andrew Carnegie, a man who rose to the heights of success at a time when he had little money, schooling, and influence.
686 views16:57
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2021-04-15 18:23:17 The WIN-WIN approach to Wealth Creation

https://srikavimoney.blogspot.com/2021/04/core-and-satellite-approach-to-investing.html
768 views15:23
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2021-04-15 15:44:32
862 views12:44
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2021-04-15 08:40:42 Ensure you have a savings bank account in your child’s name. As per mutual fund guidelines, money can be invested in your child’s name, only if it comes from a bank account where you child is the primary holder. No joint holder or nominee will be allowed in a folio held by the minor. The guardian in the folio should be either parent (father or mother) or a court appointed legal guardian.
969 views05:40
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2021-04-15 08:20:14 *WEALTH WISDOM*
Imagine working hard for 12 months. Then in appraisals, your boss rates you based on just 1 month of work - your worst month.
Unfair isnt it?
Exactly the way FD fans compae equity returns to debt after a huge crash.
Judge on average basis - not highs/lows.

#DontRetireRich
968 viewsedited  05:20
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2021-04-14 13:20:59
The race to financial goal is often won by INVESTMENTS rather than by EARNINGS.
Stay Invested

#DontRetireRich
1.2K viewsedited  10:20
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2021-04-14 07:48:42 Money without free time is worthless.

Free time without money is pointless.
1.2K views04:48
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2021-04-13 20:08:40 On March 15, 2021, I woke up with a mild fever. Since one of my colleagues had tested positive for coronavirus recently, I immediately got myself tested.

I tested negative in both the antigen and RTPCR test. However, my health condition deteriorated very fast. I developed symptoms like shortness of breath, severe coughing, chest pain and fever. In fact, I fainted quite often during those days. My doctor advised to undergo blood test to see if I was suffering from malaria, typhoid or jaundice. The tests did not reveal anything except some infection; the doctor concluded that I was suffering from a stomach infection.

Over the next few days, I fainted at least thrice a day and faced difficulty in breathing. The doctor again advised to undergo chest CT Scan. The report suggested that my lungs were just 35% operational and I was suffering from severe pneumonia due to coronavirus.

I immediately rushed to hospital where my colleague Anita Sutrave had secured a bed for me. Since my condition was very critical, I was put in ventilator for 5 days. Later, I shifted to semi-ICU and then ward. I was on oxygen for 17 days. After 19 days, I recovered completely and came back home.

In this article, I would like to share five key learnings that kept me motivated. I hope sharing these lessons would help covid patients to deal with difficult times.

Discuss finance at home: I experienced afterlife when I was under ventilator. And one thing that kept me worried was the thought that what would happen to my spouse if anything were to happen to me. She did not know anything about my investments, insurance and liabilities. We never discuss finance at home. When I was shifted to semi-ICU after five days, I sent an email to my spouse sharing details of insurance and investments. Had I not been shifted to semi-ICU, I could have never sent that mail.

Have an MFD: One thing that kept me motivated during the ventilator days was having a mutual fund distributor. Thankfully, my wife knew my distributor; this gave me great confidence that If anything were to happen to me, he was there to help. Having a financial advisor or a distributor gives you comfort especially when the going is tough.

Keep the faith: God gives you strength and hope to deal with difficult situations. Keeping faith in God makes you feel that everything will be fine. I am thankful to my family members and friends who prayed for me.

Hope for the best: You can’t stop thinking. And most of time, you have negative thoughts like what would happen to my family if anything happens to me. However, try not to focus on these things. Focus on positivity by thinking about things you would do once you recover. It could be anything like hugging your spouse or children, eating your favourite dish with family and so on. These thoughts keep you motivated.

Don’t sweat about work: While you miss your work, it is better not to focus on it. Don’t carry the burden of work and focus on things like holidays, meeting friends and family.

Nishant Patnaik is Associate Editor at Cafemutual. The views expressed in this article are solely of the author and do not necessarily reflect the views of Cafemutual.
241 views17:08
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