Investment Success

    At the outset, Wish you all a happy and prosperous New Year 2026. Just as our New Year greeting card, May this year be like a Well-Planned SIP - Small Consistent Efforts, Big Future Rewards

    Rewards are but the fruits of success and success is what seems elusive to most of us, especially when it comes to our investments or financial life. As we step in to new year, we think its good to talk about things err "the thing" that will guarantee investment success. 

    Without much ado, let us blurt out the secret - "The Goal Post" and here's a wonderful quote by Ian Cassel in "Psychology of Money" on goalposts 

    Oh well, we might just have jumped the line here by directly talking about "getting the goalpost to stop moving" while most of us have challenge in setting the "right" goalpost, blame it on social media induced avalanche of spontaneous acts of spending that hardly leaves anything on the table to save leave alone setting a financial goal and go about achieving it. 

Here's a Buffet-like 2-liner for achieving investment success - 
                                    Rule 1 - Never invest without a goalpost (objectives)
                                    Rule 2  - Never forget the Rule 1 (i.e., the goalpost)

    As we step into the new year and get a shot at another fresh start, lets spend time to think about the objectives (goalpost) of our savings/investment and fix one, if they are missing and develop the skill to stick to these objectives to dodge all the obstructions that impedes the success of our investments. 

Before we let you go! Here's Droplet Wealth's goalpost- 

Help create a 1 crore corpus for each client we onboard at Droplet Wealth and achieve it with 8-10 years from the day the client is onboarded.



For any financial Planning queries, please contact Droplet Wealth at invest@dropletwealth.com or call/Whatsapp - 9551373455

Comments

Post a Comment

Popular posts from this blog

Is RETIREMENT really a choice today?!

Image
     Lets roll back a decade or two - the early stages of  Information Technology or Information technology-enabled boom. I belong to that decade. I graduated, had a fairly good english language proficiency. This enabled me to get a job in one of the earlier GCCs established in our country. Over the past decade and half, this job with the regular promotions and increments, helped me  steadily  migrate economic classes. Today I have a decent standard of living, a standard which a decade and half back, I would assume "luxury" given my economic strata. This must be true for most of us who passed out in 2000s - 2010s.  And all of this happened because of a single reason - "the labour arbitrage" - availability of cheap "skilled' labor in our country viz-a-viz the cost of doing the activity in the parent nation of the employing country (The US, Europe & Australia to some extent).       With this backdrop most of us have lifestyle that...
Read more

Is Gold “really” Glittering ?

Image
Gold is in a phenomenal bull run. Since the beginning of this year, its up 10% and in last year or so it has gone up by 34%, Since the Covid days its up a full 106 % and since 2014, its up almost 200% (~195%). Given these kinds of returns, it’s natural that we get excited and want to jump ship from one asset class to other or over allocate to an asset class. To make matters worse, the Equity returns over the last 18 months have tumbled, making Gold returns look all the more mightier.  So, its not really a bad time to “Stress Test” Gold and see if it’s really Glittering?  We are firm believers that any investment that we make should be looked at from a long-term view meaning starting with a minimum 5 years and then we move on to higher periods. As soon as the investment is ear marked for a long term period, its natural that the investment is made in to equity as we are again firm believers that over longer periods of time , equities outperform other asset classes.  Th...
Read more

The Tariffs that affect us

Image
 The buzz word for the last few months has been - "Tariffs" In the last few months, there has been so much written, spoken and discussed about tariffs. On the day the tariffs were announced the market tanked. There has been so much drama and thorough entertainment. However, if you look at the actual Nfty movement - Nifty was 23,250 a day before tariffs were announced and today it is 24,750 up roughly 6.5%,that's a full year's interest on my FD! There have been quite a few of us who have taken decision to participate or not to participate due to Tariff  'Trump'-trums. So much for hardly a movement on the needle!               Time to remind you that at Droplet we always write about Personal Finance. Given that Tariff is the buzz word, its the perfect time for us to inform our readers about the tariffs that actually affect their personal finances, the rest is - Just entertainment.  #1 Starting Late  Tariff      ...
Read more