Sanil P.’s Post

👉 𝗦𝘁𝗮𝗿𝘁 𝗲𝗮𝗿𝗹𝘆 𝘁𝗼 𝗮𝗰𝗵𝗶𝗲𝘃𝗲 𝘆𝗼𝘂𝗿 𝗳𝗶𝗻𝗮𝗻𝗰𝗶𝗮𝗹 𝗴𝗼𝗮𝗹𝘀. 👉 The image shows the power of compounding and how it can help you achieve your financial goals over the long term. It shows two people, Mr. Early and Mr. Late, who start investing at different ages. Mr. Early starts investing at the age of 25, while Mr. Late starts investing at the age of 45. Both of them invest the same amount of money every month, but Mr. Early has a much larger corpus at the age of 60 because of the power of compounding. 👉 Compounding is the process of earning interest on interest. When you invest your money, it starts earning interest. Over time, the interest on your investment also starts earning interest. This creates a snowball effect, and your investment grows exponentially over the long term. 👉 The image shows that even a small investment can grow into a large corpus over the long term, thanks to the power of compounding. For example, if you invest ₹1,000 per month in a mutual fund scheme that earns a return of 15% per annum, your investment will grow to over ₹1 crore in 35 years. 👉 The image also highlights the importance of starting early. The earlier you start investing, the more time your money has to grow. For example, if Mr. Early had started investing at the age of 45, he would have had a corpus of only ₹35 lakh at the age of 60. This shows that starting early can make a big difference in your investment journey. 👍 If you are serious about achieving your financial goals, start investing early and invest regularly. SIP is a great way to do this. It is a disciplined and affordable way to invest in mutual funds. #financialplanning #investment #money #systematicinvestment

Same as Ever: Unveiling the Timeless Wisdom of Investing" In a world where the only constant is change, Morgan Housel's "Same as Ever" stands as a guiding light, illuminating the path to financial wisdom with timeless insights and captivating storytelling. As I recently delved into the pages of this remarkable book, I found myself entranced by its ability to distill complex financial concepts into relatable narratives and profound lessons. At its heart, "Same as Ever" is a testament to the enduring principles of investing, reminding us that while the world may evolve and markets may fluctuate, certain truths remain constant. Through a series of engaging anecdotes and historical examples, Housel unveils the psychological underpinnings of human behavior in the realm of finance, shedding light on the irrational tendencies that often lead investors astray. One of the most profound lessons gleaned from "Same as Ever" is the importance of embracing uncertainty and maintaining a long-term perspective. In a world where headlines scream with sensationalism and market volatility can induce panic, Housel reminds us that successful investing is not about predicting the future, but rather about staying the course and adhering to time-tested principles. Moreover, Housel's exploration of the psychological biases that plague investors serves as a poignant reminder of the importance of self-awareness and emotional resilience. By understanding our own tendencies and learning to overcome the allure of short-term gains or the fear of missing out, we can position ourselves for long-term success in the market. As I reflect on my own journey through the world of investing, I can't help but marvel at the parallels between Housel's insights and my own experiences. Whether it's the temptation to chase hot stocks or the fear of losing money in a downturn, "Same as Ever" serves as a guiding beacon, offering clarity and perspective in the face of uncertainty. But perhaps the most enduring lesson from "Same as Ever" is the reminder that while the world may change, the fundamentals of investing remain steadfast. By adhering to principles such as diversification, patience, and discipline, we can navigate the ebbs and flows of the market with confidence and resilience. In conclusion, Morgan Housel's "Same as Ever" is not just a book about investing; it's a timeless manifesto for navigating the complexities of finance and life with grace and wisdom. As I close the final chapter, I'm left with a renewed sense of purpose and a deep appreciation for the enduring power of Housel's insights. Whether you're a seasoned investor or a novice just starting out, "Same as Ever" is a must-read that will leave you inspired, enlightened, and better equipped to navigate the ever-changing landscape of the financial world.

These men shaped me. My father, my hero, was always the coolest person on earth in my eyes. As a child, I would watch in awe as he delved into various newspapers, business journals, books, his eyes lighting up with every turn of the page. Dad was always reading, even those literature that came with medicines were not spared. Little did I know that this seemingly simple habit would shape my entire life. His passion for reading was contagious, and I, too, became an ardent reader, following in his footsteps. At the tender age of 16, I stumbled upon a name that would change my perspective on life: Warren Buffett. My father's extensive library introduced me to this financial genius, a man whose wisdom resonated with me deeply. I was captivated not just by his wealth, but by his approach to it. Warren Buffett wasn’t just about acquiring riches; he was about creating wealth, about understanding the intricate dance of numbers and stocks that made the financial world turn. This discovery was more than a mere coincidence; it was a blessing that would shape my future. While others my age were engrossed in games and cartoons, I found myself immersed in books about investments, stocks, and financial strategies. My conversations with my father transformed. I soon realized that there were two types of people in the world: those with a burning desire to prove their wealth and those with a burning desire to create wealth. Inspired by Buffett’s teachings, I chose the latter path. My focus shifted from the allure of material possessions to the knowledge that could lead to financial independence and, more importantly, the ability to positively impact the lives of others. Every piece of advice, every nugget of wisdom I gleaned from the pages of Buffett’s books became a building block in my understanding of the financial world. My father, through his love for reading, had gifted me a treasure trove of knowledge that was more valuable than any material possession. As the years passed, I honed my understanding, delving deeper into the world of finance. I started making investments, not driven by a desire for quick profits, but guided by principles that Buffett himself followed. I learned the art of patience, the importance of long-term vision, and the power of compounding. Today, as I navigate the complex world of finance and investments, I carry my father's love for reading and the wisdom of Warren Buffett with me. Their influence has not only shaped my financial decisions but has also instilled in me a sense of responsibility. I am not just managing wealth; I am creating opportunities, building futures, and ensuring that the knowledge I gained is used to empower others. My father, my hero, might not wear a cape, but his love for reading became my guiding light. Through his simple yet profound habit, he gifted me the keys to a world of endless possibilities. And for that, I am eternally grateful. Thank you, Haj Khailann, Thank you, Warren Buffet.

I came across this interesting article on Value Research "Five Reasons To Start Investing Early" This article emphasizes the importance of beginning the investment journey at an early age. By harnessing the power of compounding, maximizing time as an asset, mitigating financial uncertainties, taking advantage of long-term growth opportunities, and developing financial discipline, individuals can lay the foundation for a strong financial future. The article serves as a reminder that starting early provides a significant advantage in building wealth and achieving long-term financial goals. #personalfinance #investment #mutualfunds #compounding #wealthmanagement #wealthcreation #wealth #financialplanning