Sure, today they’re worth…
Nobody’s taking that away from you.
However, tomorrow is a different story.
What will be the shape of your wealth in the far future?
In what form will it be stored?
Identify that now.
Because you can start pickling away in that form, little by little, right away.
Moving a chunk in one shot is tricky.
You don’t do it unless you’re absolutely sure.
You don’t bet the farm – on anything – period.
You need to move things quantum by quantum, over decades perhaps.
Final destination needs to tally with your risk-profile.
If it doesn’t, you’ll end up being jumpy and uncomfortable, and you’ll make a mistake.
When it’s about your life-savings, there’s no margin for error.
Why has one taken such a large chunk of time into the equation?
You see, when time is expanded long enough, difficult problems becomes easy to solve, because one ends up actually taking time (read pressure) out of the equation. Time is quasi infinite, so one doesn’t worry about it anymore. One has TIME to think things over and decide at leisure.
Also, over the course of a large chunk of time, you might realize that your risk-profile has changed, and that you are not comfortable with the final destination anymore.
Change the final destination.
You define the rules, remember.
The bottom-line is that in whatever shape and form your wealth is stored in the end, that shape and form needs to address everything you wish that wealth to do and be.
There’s a lot of thinking that needs to go into this.
Do that thinking now.
It pays to be financially literate.
Nobody really teaches you financial literacy in school or college. Bookish knowledge is not financial literacy. Field knowledge is.
You’ve got two options.
Get financially literate on your own by playing the field, making mistakes, and learning, or…
…find someone who is already financially literate, and learn from him or her, from his or her mistakes.
Whatever you do…
…do it now…
…to ensure that your wealth not only remains intact…
…but also continues to grow.
Easy come, easy go…
…am sure you heard that one before…!
When you come into something too easily, you sure do want to spend it, right?
Well, why not?
However, do take that one step back.
Let’s explore the possibilities here.
You can spend it all. Have a blast. Blow it up. Yeah. We’ve touched upon that. Know many people like that.
Or, you can save some and spend some.
How about that?
Who’s asking you to save it all?
You like spending?
Fine. Spend. A bit. Gratify your most burning desires without injuring anyone’s fundamental rights.
Then, save the rest. Pickle it. Look away. Move on with your life.
Lady Luck smiled. You got your one-off dose of wealth. Use some of it to make wealth a permanent feature in your life.
For that to happen you’ll need to invest, be patient, compound, reinvest and what have you, till many many cash flows take care of all your needs.
From which point did it start?
From the moment you decided to save some of your corpus and provide it with the necessary environment to grow.
It’s a basic decision…
…, yeah, a real simple one…
…that’s tough to implement.
Try retaining wealth.
You’ll then know exactly what I’m talking about.
Wrong statement? Or question? Or whatever the topic is supposed to be?
When is your being wealthy not wrong for the scheme of things?
When you put your wealth to good use…
…when you take the world a few steps forward,…
When is your being wealthy useless for the scheme of things?
When you sit on your behind…
… and do nothing constructive with your wealth,…
… that’s when.
That’s also when your wealth is gonna be a one-off.
Just you watch.
Nature’s not put you where you are…
… FOR NOTHING…
Make it count.
Heard of regret?
A meaningless life fills one with regret at the time of death.
Or so they say.
That would be a pathetic state of mind to carry forward, wouldn’t it?
So different from a feeling of content about having lead a meaningful life and having brought happiness to many, huh?
Think about it.
Wealth should not lead to mental degradation.
On the contrary, it should catalyze and nurture comprehensive growth all around your nucleic personality.
Yeah, give off your wealth, as does a tree laden with fruit.
You knew that too, right?
Going contrarian is a buzz-phrase.
We hear it again and again…
… till we begin to start thinking…
… that we know what it means.
Well, try going contrarian.
Yeah, try actually doing it.
You’ll see what I mean.
It’s real hard.
Going against the crowd takes all the strength you might have…
… and then some.
Most humans aren’t able to go contrarian.
Most humans aren’t wealthy.
When there’s blood on the streets, there’s no telling how much more there will be.
Under such conditions, the contrarian investor lets go of his or her hard-earned money into an investment, knowing perfectly well that the Street might even value the investment tomorrow at a huge discount to today’s price.
That’s ok too, says he or she.
Because homework’s been done.
Underlying is strong.
Management is stellar.
Balance-sheet is robust.
Projections are paramount.
That the world is pricing the investment wrongly is a problem with its vision.
Underlying is not going under. With above credentials, this alone matters.
Times change. Vision of the majority changes. Investor makes a killing. Cashes out some, principal and what have you. Leaves lots of free-standing shares… forever… or till parameters change.
Wealth-generators repeat this behaviour-pattern many times in their lives.
They’re not afraid of going against the grain.
They know otherwise.
Also, the money they use has been freed up.
Its being out of action for a long time is not going to change their lives even a bit.
They will have the last laugh.
Wealth is the reward of going contrarian.
Yeah that one…
… the one that contains the phrase “the more you give, the more you get”…
Of course you did.
Who’d have thought otherwise?
…knowing is one thing…
… and doing is the real deal.
Knowing doesn’t necessarily make you do.
Full-on realization does.
How’s that going to happen?
By understanding the principle of flow.
What’s flow got to do with it?
One would perhaps study flow…
… in physics…
That’s exactly it.
Wealth behaves as per the laws of natural science.
It flows from high-potential to low-potential.
When you give, energy flows away from you.
Vacuum is created.
New energy flows to this vacuum.
Vacuum attracts flow.
It’s a law of nature.
New wealth flows towards the giver.
Vacuums have compounded attraction-force.
Thus compounded new wealth flows towards the giver.
Need I say anything more?
I’ll say it nevertheless.
Whatever you can, whenever you can, wherever you can…
Apart from turning even wealthier…
… you’ll feel this other thing.
It’s called content.
It’s bigger than wealth.
Lots of wealthy people die wealthy, but few die content.
Most humans don’t know how to sit.
Most humans are not wealthy.
If you are a wealth-generator, you’ve probably already made the connection, knowingly or unknowingly.
You are focused.
You know what you are doing.
You are confident about what you are doing.
You don’t keep looking over your shoulder.
You are not jumpy.
You don’t require a daily quote.
In fact, you’re quite happy with a monthly quote.
You know the value of your underlying. The world cannot tell you otherwise.
You seal one wealth-generating opportunity, and move on to the other.
That helps you to sit on the former, while you focus on the latter…
…till you seal the latter, which is when you move on to the next one, and so on and so forth.
Soon, you are at the pivot of many, many wealth generating ideas.
You are surrounded by multiples.
Some have fully matured.
You bring them to their logical conclusion. If this is a cash-out, well it’s a cash-out.
You move the funds resulting appropriately…
…perhaps to a new avenue…
…or perhaps to finance something big…
…be it a lifetime-requirement…
…or what have you.
You recognise the fact that one of the main purposes of wealth is also to fulfil lifetime-requirements.
Mere income is not able to fulfil these.
Generated wealth is.
You recognise that.
You are a wealth-generator.
You know how to sit.