Investing should be with Plan +logic and spending should be with your emotions + values –
Major returns of your total Investments come from asset allocation and not from your selection of an individual security within a asset class.
Higher the equity exposure as a percentage of your total assets, the better your overall returns.
Myth – Low risk and high returns.
Myth – Blind risk and high returns.
Both are not possible
Fact – Asset allocation with logic + Arithematic ….high returns possible.
Investment should not be with fear & greed.
It should be with a retirement goal with no compromise in lifestyle. Over a time your income should grow along with your living cost.
Goal should be – Income for one generation and Capital for the next generation.
Think logically with Arithematic and take a wise decisions for your harden money and think emotionally while spending money.