Thought For The Day

Focus more on selling and less on buying. The reason so many millions of people are in financial trouble is because they love to buy and hate to sell. If you want to be rich, you must sell much more than you buy. This does not mean you should live below your means. Rather than live below your means, learn to sell, and you can expand your means and go for your dreams. If you sell more than you buy, you will not have to live below your means or cling to job security.
Robert Kiyosaki

 

The primary reason most people are afraid of changing is because they are afraid of making mistakes.
Robert Kiyosaki

 

Very True, i like this thought ,Golden words from Robert Kiyosaki

 

Retired early is very good thought , need enormous hard work , i like this thought

 

Trading King Jesse Livermore


If Warren Buffet is the king of Investing Jesse Livermore is the king of trading. He started trading at the age of fourteen and made more than 100$ million.

He married his first wife, Netit (Nettie) at the age of 23 in October 1900. The marriage broke in less than a year after she refused to give her collection of jewelry he had bought her, which he wanted to sell to get some more money for trading. His third wife was Harriett Metz Noble. He was her fourth husband,all four of her previous husbands had committed suicide. On November 28, 1940, Livermore too committed suicide.
The popular book Reminiscences of a Stock Operator, by Edwin Lefèvre, reflects on many of Jesse lessons. He himself wrote a book titled How to trade in stocks which was published in 1939.

Lesson : For Success in Trading or Investment , Environment in House is most important than Trade Strategies....

 

These are all my experienced based following principals

MY WEALTH PLANNING

1. I never put all eggs in one basket

2. Always i try to earn more than inflation and bank interest rate

3.Earning with protection of my capital is important for me

4. I always keep separate bank account for 6 months house expenses purpose or call it emergency fund

5. Every year i renewal " MEDICAL INSURANCE " for entire family

6. create 2 nd source of income

7. I don't enter into long term financial commitments

8.I believe small savings create Big Wealth in future
i started Investment in my school days with my pocket money now it is a main income source for me

9.I allocate day trading capital is separate and positional trading is separate capital

 

Swami Vivekananda Jayanti 2016
153rd Birth Anniversary of Swami Vivekananda





Swami Vivekananda (1863-1902 C.E.) was a Hindu monk and a patriotic saint of India. According to English calendar he was born on 12th January 1863 into an aristocratic Bengali family of Calcutta. However his birthday is celebrated according to Hindu calendar and this day is known as Swami Vivekananda Jayanti. Vivekananda was born on Krishna Paksha Saptami after seven days of Paush Purnima. As Jayanti day is decided based on Hindu calendar, it is not fixed on Gregorian calendar like Rabindranath Tagore Jayanti and Mahatma Gandhi Jayanti which are celebrated on fixed day on Gregorian calendar.

However Indian government has decided to observe Swami Vivekananda's Gregorian date of birth as National Youth Day. Hence National Youth Day of India is celebrated each year on 12th January since 1985.

Swami Vivekananda was modern Hindu saint and follower of Vedanta philosophy of Hinduism. He was disciple of Ramakrishna. He founded Belur Math, Ramakrishna Math and Ramakrishna Mission.

 

Ho many of us actually follow these?

 

Water level reduced in " Srisailam Dam " in Andhra Pradesh and reaming water create " India and Srilanka " Map with water .... what a super Picture ....

Jai Bharat Mata

 

"The investor with a portfolio of sound stocks should expect their prices to fluctuate and should neither be concerned by sizable declines nor become excited by sizable advances. He should always remember that market quotations are there for his convenience, either to be taken advantage of or to be ignored." - Benjamin Graham

 

Yesterday's News Coverage Only

Sri Sri ~
Art Of Living

Vijay Mallya ~
Art Of Leaving

Our Banks ~
Art Of Giving.....