Its Time To Change Our Investment Habits :

In recent years our expenditure habits gone wild..

Our Mornings:

Morning walks are now, jogging with jogging suites and nike shoes ( ₹3000 for nike suites and ₹ 5000 for shoes )

Dad used 1 pair of chappals or shoes I have seven no wonder ( average ₹ 800 per pair).

Breakfast with kande pohe so down market. Now we have packed oats and corn flecks. ( ₹ 200 )

Going for office don't forget new I phone 6. ( ₹ 60000 ) & Rado watch ( ₹ 30000 )

Afternoons:

For business meetings are now in Five Star hotel is must( ₹ 2000/each )

Home made masalas are history now Lunch is made with ready to cook packets ( ₹ 200 )

Evenings :

Evening chai at footpath is out dated, now we sip coffee at CCDs and Baristas ( Avg ₹ 500 )

Earlier Erani cafes were sufice but now Friends hangouts are In KFC and Mc Donald's ( Avg ₹ 300 each )

Shopping is only possible at malls, brand is more important than shirt ( ₹ 3000/ each )

14 inch TV was a attraction earlier now We buy 42 inch LED HD TV AND 3D is must. ( ₹ 90000/- )

We watch only HD channels you know ( ₹ 700 )

Average mobile bill of ₹ 100 becomes minimum ₹ 500 with 3G data.

What makes us cool is our earplug turns into Head gear ( ₹ 3000 ),

Our camera turns into DSLR ( ₹ 50000 ) and our bike turns in to Royal Enfield ( ₹ 150000 )

We are buying Inflation but are we creating assets to fight them ?

Expenditure Habits we change alot but are we changing our investment habits ? ?

We are buying GOLD with 9% CAGR returns.

We invest in Reality with avg returns of 10% CAGR

We  put our money in Bank FDs with 6-7% post tax returns.

Whereas we all knows SENSEX returns as an avg of 15% CAGR from its birth in 1979 to till date from 100 to 28000

Warren Buffett once said
" if we buy things we don't need one day we need to sell things we do need "

So from now change your Investment Habits and start a SIP: YOUR EARNING MEMBER