1. DIY "equity" investors have stepped into this form of "savings" voluntarily, with hope or conviction or both of wealth creation.
2. However, onus of "educating" and "guiding" the entire saving fraternity is surely not theirs, as they can, at best, only share their experiences with them.
3. It is unfathomable to understand why "highly educated and focused experts", who pose as "professional" planners and advisors, have failed to convince regular savers that investing transactions are convenient and transparent, and can work wonderfully by growing their small savings during their earning years to meet lifetime and retirement goals.
4. What seems to be lacking is willpower to educate young earners about investing well, with follow-up action instead of treating it as a one-off thing, and servicing their small-ticket investments on a daily basis, even by taking their employers' help in this regard.
5. It can be confidently said that if monthly savings of today's young earners can be channelized and serviced well, likelihood of their remaining invested for several years, at least till retirement, becomes manifold.
6. A similar sustained effort is required to "educate" retirees that their retirement corpus needs to be restructured with some "minimal" dose of equity - depending upon their risk profile - through hand-holding, for their financially independent retired life.
7. Only then will savers learn to differentiate between "saving" - short term use of money with minimal risk but limited growth potential - and "equity investing" - putting away money for medium to long term with a measured degree of risk - for growing wealth by creating an investment strategy to achieve financial goals.
2. However, onus of "educating" and "guiding" the entire saving fraternity is surely not theirs, as they can, at best, only share their experiences with them.
3. It is unfathomable to understand why "highly educated and focused experts", who pose as "professional" planners and advisors, have failed to convince regular savers that investing transactions are convenient and transparent, and can work wonderfully by growing their small savings during their earning years to meet lifetime and retirement goals.
4. What seems to be lacking is willpower to educate young earners about investing well, with follow-up action instead of treating it as a one-off thing, and servicing their small-ticket investments on a daily basis, even by taking their employers' help in this regard.
5. It can be confidently said that if monthly savings of today's young earners can be channelized and serviced well, likelihood of their remaining invested for several years, at least till retirement, becomes manifold.
6. A similar sustained effort is required to "educate" retirees that their retirement corpus needs to be restructured with some "minimal" dose of equity - depending upon their risk profile - through hand-holding, for their financially independent retired life.
7. Only then will savers learn to differentiate between "saving" - short term use of money with minimal risk but limited growth potential - and "equity investing" - putting away money for medium to long term with a measured degree of risk - for growing wealth by creating an investment strategy to achieve financial goals.