This title was triggered off by a what's app conversation between us friends ,with one of them asking a query on a group message for parents whose kids are in the USA.The question was, what is a better investment -Shares/Stock and bonds in USA or Mutual funds , shares etc in India for students abroad today whose parents live in India?.
What do we keep doing in life , speculate? About what ? What may happen to me , my future, my kids etc.? What we were 20 years back and dreamt of or not, and what we are today? How much of that really worked out ? End of all this are you happy with what you have today ? Is your mind at peace ? If not , all that time , money energy you spent speculating , was a waste, in my opinion. Nostradamus predicted dooms day and if statistics were to be true , we should all be at the gates of heaven by now, with all the money accumulated thus far , piled up in dust , burnt out by a volcano or forest fire or simply swallowed by a Tsunami, natural or man created.
What do we keep doing in life , speculate? About what ? What may happen to me , my future, my kids etc.? What we were 20 years back and dreamt of or not, and what we are today? How much of that really worked out ? End of all this are you happy with what you have today ? Is your mind at peace ? If not , all that time , money energy you spent speculating , was a waste, in my opinion. Nostradamus predicted dooms day and if statistics were to be true , we should all be at the gates of heaven by now, with all the money accumulated thus far , piled up in dust , burnt out by a volcano or forest fire or simply swallowed by a Tsunami, natural or man created.
The great depression.Who predicted that? Was the American Freddie and fannie episode not an eye opener? 1% of the worlds population has wealth equal to 50% of the others ? YOU want to struggle and burn out your once in a lifetime opportunity , called life ,in working, earning , more and more and investing, only to find out that it got lost in seconds due to a handful of people who can destroy all your efforts by manipulating indices , however well you may have planned it .
Why amass wealth and have sleepless nights on that?Instead earn, keep aside a little for a rainy day and then enjoy your moments with your loved ones at a time when you can afford and health permits you. Interest rates yo-yo, bank frauds, scams, Real estate disasters, natural calamities , and more we have it all around us. Big corporations get busted over night in spite of your best intelligence and can lead to nightmares. Look at Brazil Venezuela, Mexico, Greece, Portugal, Pakistan all on tenterhooks. Iran, Iraq, Syria, Yemen have Guns blazing 365x24x7 , Qatar in a blockade, China raring to go and spreading its tentacles wherever it can, Russia shutting itself to the Cyber world, the Arctic and Antarctic's melting, Wild life displaced, Africa struggling to keep its head up above the water and we have thoughts about how to secure our monies and make it grow? One wrong move that can cascade this world into a holocaust will bring all the chips down in seconds.
The gen next has their plate full and need to find their way through this maze much better than we did and leave some for destiny to decide as it is beyond your scope.Worrying about it or speculating the returns is not realistic in my opinion.
My take on this .Plan your life for 70 years , starts working to a 5 year plan from age 20 and live every moment , instead of worrying about tomorrow and spoiling the very moment you were suppose to enjoy. When you have set a goal and work backwards , you can in my opinion achieve a lot. Any extra years , treat them as Bonus .If not , you can at least say " lived a full life ,with no regrets".
No comments:
Post a Comment