DDDDDDDirect Dil se !!!! :-)

In my previous blog post had explained the requirement and importance of Hygiene factors as a precursor to entering the markets . Thank you for all the feedback .Today, let us explore the reason behind wanting to INVEST .  Why would anyone want to save and invest ? Let us understand the reasoning behind this with a small example! Meet the dreamer Mr. Happy !        Happy Singh and Chintamani are best friends residing in rental properties in nearby neighbourhoods .They both earn 24 lakhs p.a by working in an MNC . However their approach to life & investment is totally different ! Happy Singh enjoys life , true to his name .He SPENDS first and whatever is left in the end of the month he invests . He believes he is young and youth is the time to explore, enjoy and travel often. His philosophy : YOLO  😎😎 The result : He is left with around 15,000 by the month end after paying all his EMI 's for loans ( Mobile , Laptop , Personal  , 4 W...

               As many of you would be aware , I follow Muthu sir , one of the well known handles on Twitter for his sensible approach towards Investing .This blog post is my humble attempt at creating Financial literacy on 1 of his tweets.     We often come across stories of people from " Rags to Riches " in markets and become so enamoured by it. Who wouldn't ! Afterall , we all wish to earn easy money and lead a comfortable life. What we don't focus on is the reverse " Riches to Rags " story (which happens a lot ) and is of utmost importance as we get to learn from the mistakes of others*( More on this in my upcoming blogs !) However before we begin the journey of investing in markets there are a few things we need to have ticked off from our financial checklist to ensure we sail through turbulent times of illiquidity, smoothly.      In this blogpost I shall throw light upon the areas which need our ...