Investment is Important but Not before Savings
In one of the Whatsapp groups, a member had shared a forward. An image that had all the crises world has faced in last 2 decades and the footnote on the image went on to say that Mr. Market is above all and has overcome all the challenges and given good returns and that we should "Invest" no matter what. We agree with the image and the footnote albeit with a pinch of salt. Mr. Market does not move in a linear, upward curve. Mr. Market puts the prospective Investor to test - With its mighty volatility, With its boring consolidation, By doubling the Investment in couple of months, making you feel greedy and By giving you a false sense of "Financial Nirvana" before throwing you to the ground and burying you once for all! Yes, indeed, Mr. Market is above all. Some of you might feel that we are exaggerating. True, may be! But What are alarm bells if they don't ring louder than the impending danger? Exaggerating suits if it has awaken you. Now that you are aw