About
Forecasters, analysts, soothsayers and even astrologers; can’t believe the type of professionals one approaches with investment queries. And is it hard to deduce, these professionals’ profits come from your fees. Well, as you read you will come across points you believed you already knew. We are not refuting that, but we as human beings forget our lessons no sooner the debacle is over. Isn’t that pretty soon? Now you need to believe, you had forgotten but always knew this.
Wealth is not created in a day, though it could be lost in a day due to our fallacy. And wealth definitely cannot be created if we behave like traders. What traders earn is profits and it is their business so they value returns as business profits. But what about common man like you and me, we save and put our money somewhere (deliberately used instead of investments), we believe the sum will be more then what was put aside. The whole idea is what we put aside should be able to buy more than what it could today.
This simply is growth in short and is creating wealth that will help generate profits.
The whole dilemma is not the intention but rather the methodology adopted. Investments have a simple goal 1. Safeguard basic returns 2. At least grow above inflation.
As said earlier you always knew this, but and the big but is, you were using traders information to make investment decisions. Most of the media be it TV or be it Press, all give information that a trader needs and our investor, salaried friends take investment decision on these basis and lose money, because collective greed and over optimism had blunted pragmatism. I hope we are putting across the point.
Who doesn’t want to be wealthy? I do and so my colleagues on this blog. Inherited wealth is good, but everybody doesn’t inherit wealth. My father tried becoming wealthy I know how hard he tried, somewhere he might have forgotten the rules and missed on opportunities and he did miss many. But I will be his wealthy son. I have a humble background, my feet are firm on the ground, my emotions are in my control and my investment principles are simple and so I know, so I believe and so I will be, a wealthy son.
We believe we don’t know more than each other. We believe our collective knowledge and collective sensibility will help us make right decisions or least avoid a bad one. And therefore we call on readers to give their valued inputs to this blog. Everything posted here will be for the common man who understands the importance of wealth but cannot interpret what the news reporter is saying or writing or what the analyst is suggesting. We will introduce easy to understand investment strategies.
This is a blog by the common man for the common man, who will all be worthy wealthy son.