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Why an Advisor Is Needed For Making Us Do Nothing.pdf

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Why an Advisor Is Needed For Making Us Do Nothing.pdf

  1. 1. Why an Advisor Is Needed For Making Us Do Nothing Blog / By Imperial Money / December 9, 2019 As men and as women, we love action. We love doing new things. Movement is fun. Being stagnant is seen as a failure. We love to discard our old clothes and buy new ones. We love to change our cars every couple of years. These days we also love to change our jobs. We get tired of the same food, the same kind of holidays, the same kind of work, etc. This is the new Social Media bred generation who have less and less patience. However, the most important, the most vital, the most crucial ingredient for wealth creation happens to be “patience”. The magic formula of wealth creation is “fill it, shut it, forget it.” This goes quite contrary to the trend of “movement” and “change”. In times of such frenetic activity, the whole notion of “forget it” sounds so boring. However, in life, doing boring things is also very important. Exercises are boring. Hence a trainer helps to ensure that we are in the gym and are working out. Children find studies boring. Teachers aren’t just meant to educate but also are meant to see that the children do boring studies repeatedly and eventually excel in their exams. “Discipline” is the virtue of life that stands on the pedestal looking down upon “Intelligence”. Being intelligent is good but being disciplined separates the professional from the amateur. Archives November 2022 October 2022 September 2022 August 2022 July 2022 June 2022 May 2022 April 2022 March 2022 February 2022 December 2021 November 2021 October 2021 September 2021 July 2021 June 2021 May 2021 April 2021 February 2021 November 2020 October 2020 September 2020 Search …  CLIENT LOGIN Home About Us  Services  MF Tools  Research  Blog Contact Us       
  2. 2. Likewise as mentioned above, in the journey of “wealth creation”, being disciplined plays the most crucial role. Investing in the same scheme month after month despite the investment value either remaining stagnant or even climbing down is no mean feat. Our instinct based upon the prevailing trend, based upon our impatience, will always want us to do something new; perhaps to sell the scheme and to buy something new. It is quite impossible to do the boring thing of remaining invested and continuing to invest regularly in the same stagnant scheme. After all, isn’t it boring to get of bed and go for our daily exercises? But the moment you think about your trainer and his impending phone call and his nagging, you just have no other way before you but to climb out of your slumber and head towards the gym. We do not need a trainer, a teacher, or a guide to make us do new things. Their requirement stems from the need to do the same boring things day in and day out. In the case of personal finance, a lot of people question the need for a financial advisor. Why need a Financial Advisor when all that we need to do is continue that boring SIP for the next 15 years. Why pay somebody to ensure that we do nothing new but continue with investing in the same scheme month after month. This is exactly the reason why we need a financial advisor. He is the person who will stop us from trying something new which is our natural behavior pattern. He will ensure that we do not get affected by the news that flows into our lives through television, print, social media, and the internet. He will ensure that come what may, we just continue to invest, invest and invest. What perhaps looks like an easy task is the most difficult thing to do because it is going against our instinct and the prevailing trend and mood. This is the FUNDAMENTAL reason why you need a Financial Advisor. Remember the power of compounding reveals its magic only after 10 to 12 years and bestows upon us unimaginable wealth. But staying invested for this long period is quite a superhuman effort. Isn’t it? Happy Investing! Happy Investing!!! IMPERIAL MONEY Contact Us : 8446686863, 9595889988 Email Us: wecare@imperialfin.com Follow Us: https://www.facebook.com/imperialfin/ Follow US: https://in.linkedin.com/company/imperialmoney Subscribe to YouTube Channel: https://www.youtube.com/c/IMPERIALMONEY ← Previous Post Next Post → August 2020 July 2020 June 2020 March 2020 February 2020 January 2020 December 2019 October 2019 September 2019 November 2018 July 2018 Recent Posts Is Step Up SIP Better for Mutual Fund Investment? 5 Tips to Stop Overspending Your Hard- Earned Money Why Mutual Funds Investment are Important for Indian Women Investor? How to Invest in Your Child’s Future? A Guide to Planning and Saving for Education How to Tackle Inflation? And Protect Your Money       
  3. 3. A company with high customer satisfaction rate since mid 2011, Imperial Money had engaged in providing comprehensive Financial distribution services to individuals. We help you to make smart investment choices with your money to get optimum returns. Quick Links Client Login MF Tools Downloads Blog Market Updates Financial Calculators Our Services Tax Savings Mutual Funds Insurance Equity Investment Get In Touch  302, Royal Vista, Opp. Dhantoli Garden Main Gate, Dhantoli, Nagpur - 440012  (+91) 9595 8899 88  (0712) 2454477  wecare@imperialfin.com Imperial Money Pvt. Ltd. makes no warranties or representations, express or implied, on products offered through the platform. It accepts no liability for any damages or losses, however caused, in connection with the use of, or on the reliance of its product or related services. Unless otherwise specified, all returns, expense ratio, NAV, etc are historical and for illustrative purposes only. Future will vary greatly and depends on personal and market circumstances. The information provided by our blog is educational only and is not investment or tax advice. Mutual fund investments are subject to market risks. Please read all scheme related documents carefully before investing. Past performance of the schemes is neither an indicator nor a guarantee of future performance. Terms and conditions of the website/app are applicable. Privacy policy of the website is applicable. Copyright 2021 IMPERIAL MONEY Disclaimer | Disclosure | Privacy Policy | T & C.       

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