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Tuesday, October 26, 2021

Ganeshotsav 2020: Learn money management from Lord Vinayak, guarantee profits in every investment decision

This year, Bappa will not be kept for public viewing in big pandals.

Ganesh Chaturthi 2020: Ganpati Bappa is visiting from house to house on Ganesh Chaturthi. However, this time due to Corona, the brightness of the Ganesh festival has faded. This year, Bappa will not be kept for public viewing in big pandals, but people will bring Lord Vinayak to their homes and worship them. Many can be learned from Lord Ganesha, the god of wisdom and knowledge. Even Lord Ganesha can learn from investment, business and economic goals.

Think big

The huge head of Lord Ganesha teaches us to think big to get ahead in life. Whether investing or doing business, plan with patience that includes short-term, mid-term, and long-term goals. In order to meet the economic goals, it is necessary to give place to the investment and savings plans which ensure the funds for the future while meeting the current needs / expenses. Also, choose the right medium or option carefully. While planning, make sure to assess your risk appetite.

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Focused and unwavering for your goal

Lord Ganesha did not even care about his life to fulfill the promise given to Mata Parvati. He remained steadfast in his goals and planning. After planning for your economic goals, you should also keep trying to accomplish it while remaining steadfast. It is necessary to maintain discipline on spending and savings to avoid being distracted or frustrated. Also note that the planning you have done is moving in the right direction or not. If not, be prepared to make changes according to the need.

Stay alert

The long and big ears of Lord Ganesha teach us to be alert. That is, be always updated about what is happening in the market. Also, after getting maximum information about any investment or savings option, invest money in it.

Keep an eye on profits

Develop a diversified portfolio based on your risk potential, so that you get maximum returns. The profit is like the beloved modak of Lord Ganesha, which can be found only when the option is right and the planning is right.

Keep wishes in a short ride

Ganesh Lord’s ride can be learned from the rodents to keep their wishes and expenses in the limit. Extravagance can spoil your budget and future planning. Therefore, it is very important to spend knowing your limits.

Think best

When Lord Ganesha and Karthikeya had a competition as to who would complete the three rounds of the world first, Ganesh, working with wisdom and logic, completed the competition by exposing his parents i.e. Lord Shiva and Mother Parvati. He achieved his goal by taking a different route from everyone’s thinking. You too can learn from this and do what you are doing, by following the out-of-the-box thinking and following the proper approach, you can fulfill your goals. But for this you need to have knowledge of your weakness and strength.

Be ready for ups and downs

There are bound to be ups and downs in investing, especially in the stock market. get ready for. Learning from Lord Ganesha’s big belly, develop the ability to digest each and every fluctuation and keep a watch on the long term with patience without panic.

(BPN Fincap Consultants Based on interaction with AK Corporation, Director of Private Limited)

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Nisha Chawlahttps://www.businesskhabar.com/
She is an expert in Banking, Finance and working with an international bank. She sharing her ideas and knowledge with Business Khabar.
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