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Showing posts from May, 2020
MODULE 2 DISCIPLINED INVESTING Discipline – a word we all hated during our school days when the strict Head Master or Class Teacher used to give lectures on discipline. Once we grew up, we now realise that discipline is required in many things. So also there is a need for discipline in investing. In simple words, setting aside a certain sum of money regularly for investment can be discipline. Here let us see something called B.M.I. No it is not Body Mass Index as we have known. I will call it as “Bare Minimum Investment”. This is the most minimum amount one can set aside as investment – come rain or shine. At no point, this can be violated. This B.M.I. will naturally vary from person to person. The amount can vary but the principle should not. While on this, I can tell you of one of my friends who worked for a Public sector company in a rural place. Her thinking was very simple, she does not know finance, investment philosophy etc. Once the balance in her Savings ...