Posted On Monday, Sep 26, 2016
Much has been said and written about the achievements of our star sportspersons. Take for example, the Rio Olympics 2016. By now, we all know quite a bit about our champions – the colour of their medals, the names of their hometowns, the coaches who trained them and the spectacular feats which brought them ultimate glory. While we may have personal favourites, most of us are on the same page when it comes to acknowledging the grit of our badminton champion, the determination of our wrestling medallist and the courage of our gymnast. These champions will inspire many people – both in and beyond the arena. Their feats, though unique, have the generic elements of all great achievements. When applied sincerely, these elements bring success in all fields – including investment.
The basic principles inherent in the grooming of a champion sportsperson – whether an Olympian or a cricketer – are no different from those followed by astute investors. These principles include:
Investing can be compared to a sport which is essential for a healthy financial life. Like sports, to excel in investing, you need to practice regularly, stay disciplined, avail professional guidance and manage risks. Starting early surely gives you an edge. However, not all is lost if you haven't begun early. Just as you can opt for a sports activity at a later stage in life, investing can also be given the due importance at any point of time. Once that's done, you can sit back and reap the rewards from the positive changes to your financial life.
Disclaimer, Statutory Details & Risk Factors:
The views expressed here in this article / video are for general information and reading purpose only and do not constitute any guidelines and recommendations on any course of action to be followed by the reader. Quantum AMC / Quantum Mutual Fund is not guaranteeing / offering / communicating any indicative yield on investments made in the scheme(s). The views are not meant to serve as a professional guide / investment advice / intended to be an offer or solicitation for the purchase or sale of any financial product or instrument or mutual fund units for the reader. The article has been prepared on the basis of publicly available information, internally developed data and other sources believed to be reliable. Whilst no action has been solicited based upon the information provided herein, due care has been taken to ensure that the facts are accurate and views given are fair and reasonable as on date. Readers of this article should rely on information/data arising out of their own investigations and advised to seek independent professional advice and arrive at an informed decision before making any investments. Please visit – www.quantumamc.com/disclaimer to read scheme specific risk factors.
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