
Safe investments are suicide in the rising-cost world.
Investing for capital preservation alone is an ultimate carelessness.
Ask yourself three questions ?
1) Are your investments generating adequate returns for you?
2) Are your investments getting closer to your lifetime financial goals?
3) What’s the greatest financial risk you & your family will face for the balance of your lifetime?
We prefer safe investments due to fear. Fear of principal loss. But ups & downs in principal amount isn’t the risk.
Post Stamp in 2000 – .15 paisa
Post Stamp in 2021 – 1.5 Rs.
Milk in 2000 – 3 Rs
Milk in 2022 – 30 Rs
Bus ticket in 2000 – 20 to 50 Rs.
Now in 2022 it is – 200 to 500 Rs
Biggest risk in life is loss of money due to rising purchasing power.
Wishing you the best wishes to focus on the real risk & take wise decisions with your hard-earned money.
Kavita S. Devi, CFP CM