There are some fundamental principles that can be applied everywhere and they dont fail us. There are many manufacturing principles applied in electronics and then in software and industry benefited from thus. So irrespective of the field of operation, the knowledge and application of such principles are beneficial to us. Here is my 2 cents worth from me on one such principle.
Principle:
Systematic Investment is one principle that I guess will benefit many of us if applied in our lives. We have heard during childhood slow and steady wins the race. Systematic investment is nothing but a polished version of the moral that is taught to us.
Application:
Personal Finance:
Mutual fund industry is vouching on the principle to lure retail investors. Its definitely a win-win for customer as well as the AMC (asset management company ie., Mutual Fund company). Lots of people want to be rich but they want to be rich overnight and keep worrying about the possible jackpot options that can fulfill their dream. Systematic investment is one sure way of making people rich through disciplined, focused , regular (monthly in most cases) investments. Investment can be made in different avenues depending on person's risk appetite but the using power of compounding, its certain that benefits can be reaped.
Reading:
Who ever want to be knowledgeable in focused area or various subjects, can start doing systematic investment. Yes!! Systematic investment of their time. It is a slow but sure way towards knowledge acquisition. Even though its difficult to measure the knowledge progression quantitatively, qualitative progress is typically reflected in behavior, personality and confidence levels.
Health:
Two aspects of health needs to be inspected in this context. Firstly eating a balanced diet which includes needed proteins, minerals , vitamins and other needed essential nutrients. At least who can afford should try to eat appropriate portions of fruits avilable and possibly reserve one meal a week for fruits.
Second aspect of health is regular exercise. Exercise not just to be viewed as a mechanism to build six pack or zero size body. Lets leave them for our film stars who ought to look special. For other mortals, exercise is a means of maintaining good health. Through systematic investment in the form morning walks, evening strolls, yoga, participating in some sports as convenient to one, one can build a healthy body that helps when we reach ripe age.
The list can go on but I think I will stop here for now.
Principle:
Systematic Investment is one principle that I guess will benefit many of us if applied in our lives. We have heard during childhood slow and steady wins the race. Systematic investment is nothing but a polished version of the moral that is taught to us.
Application:
Personal Finance:
Mutual fund industry is vouching on the principle to lure retail investors. Its definitely a win-win for customer as well as the AMC (asset management company ie., Mutual Fund company). Lots of people want to be rich but they want to be rich overnight and keep worrying about the possible jackpot options that can fulfill their dream. Systematic investment is one sure way of making people rich through disciplined, focused , regular (monthly in most cases) investments. Investment can be made in different avenues depending on person's risk appetite but the using power of compounding, its certain that benefits can be reaped.
Reading:
Who ever want to be knowledgeable in focused area or various subjects, can start doing systematic investment. Yes!! Systematic investment of their time. It is a slow but sure way towards knowledge acquisition. Even though its difficult to measure the knowledge progression quantitatively, qualitative progress is typically reflected in behavior, personality and confidence levels.
Health:
Two aspects of health needs to be inspected in this context. Firstly eating a balanced diet which includes needed proteins, minerals , vitamins and other needed essential nutrients. At least who can afford should try to eat appropriate portions of fruits avilable and possibly reserve one meal a week for fruits.
Second aspect of health is regular exercise. Exercise not just to be viewed as a mechanism to build six pack or zero size body. Lets leave them for our film stars who ought to look special. For other mortals, exercise is a means of maintaining good health. Through systematic investment in the form morning walks, evening strolls, yoga, participating in some sports as convenient to one, one can build a healthy body that helps when we reach ripe age.
The list can go on but I think I will stop here for now.
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