I came across this interesting article recently, and would like to share it with you.
The inglorious goal of doing nothing – LiveMint, April 21st 2015.
In short the article describes a person who retired at 40 and is living in a remote location and doing nothing – just enjoying his peaceful retired life. The author proceeds to comment on this and sees it as a poor choice in life.
As an analyst, I would say that …. Its a choice the person in Goa has made, and the best he could do. I may or may not make the same choices, and I may or may not be able to achieve as much as this person at 40.
Which moves me to a question for my readers:
What is your ideal retirement dream?
In fact, I will ask you to take a Poll below and let me know what your dream is ….. Remember, you can answer this Poll only once.
Thank you in advance for your answer.
The Importance of Investing
The point of my exercise is to understand you, my reader. It is also related to this important thing in life called MONEY. Our entire work life is devoted to earning it.
There’s an almost equally important aspect of our life, often neglected, called INVESTING. Most people realize its importance, but are not able to act on it. Investing is a wide term, and there are a number of asset classes, see this chart.
Within Direct Equity there are a few options, detailed below:
My opinion on Retirement Planning:
- Its not important to retire. Instead its important to be able to make work and lifestyle choices where you are free from financial pressures.
- Free yourself from financial pressures by building your own financial assets.
- Assets owned by you depend not just on income earned, but also on your making the right investments.
- Equity as an asset class is highly recommended for long term wealth and asset building, and retirement planning.
Sign up with JainMatrix Investments as a subscriber. Build and protect your capital through equities, and let the money set you free to pursue a passion, a hobby or a peaceful life.
JAINMATRIX KNOWLEDGE BASE
See other useful reports:
- The Toughest Lesson in Long Term Investing
- Fundamental Thoughts – The Search for Stability
- The Rationale Behind A Sell Decision
- Make Equity Investing Less Tricky: The Jainmatrix Eleven
- For Long Term Investments Start A Direct Market SIP
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