WEEKLY MESSAGES PART 1 REVIEW

MONEYMONK WEEKLY MESSAGE 26/2020

REVIEW OF PART ONE OF WEEKLY MESSAGES

All Dear ones,

In the last 25 weekly messages I tried to cover some basic aspects as regards “personal financial planning’ and also ‘some general and behavioral aspects with a purpose’. All these messages are available on my blog https://moneymonk-joe.blogspot.com. I firmly believe and also know from my own experience that a good base enables one to be in control of one’s saving, investments and money matters. The above coupled with some self discipline can lead to Financial Freedom and happiness  in life. After working for about 35-40 years during our ‘earning life’ we have to be aware that we may have as many more years to live after we retire. These are the years when we begin to age, may face health related challenges or may have to deal with unpleasant family situations. All these affect our life and happiness. Do you want to add financial stress and worries to the above ??? Surely not.

To be financially secure in your retired life you need to work towards Financial freedom! Earlier the better !

Financial freedom reduces stress and makes you financially independent throughout your life.  It also helps you to spend your time doing what you love for eg. painting, listening to music, farming, gardening , teaching, doing social service and many such things which during your working life was not possible. 

To achieve Financial Freedom or FIRE  as some call it (Financial Independence to Retire Early) it is essential to save regularly and invest the savings prudently. Investments must be  in a manner that they grow at a rate  that they beat inflation over a longer period with minimum risk and without taking too much monitoring time. 

This is what  I tried to cover in the first part , You need to have this base  before you start learning to invest your savings. 

The second part deals with ‘Learning to invest in the Equity market’. In this part the messages will be confidential and will help you to design and follow your own strategy. You will learn from me some skills and some do’s and dont’s that are  relevant to YOU and YOUR strategy. 

The second part will be relevant and useful only to those who have developed this strong base. To confirm this base may require a couple of one is to one audio video sessions mainly to understand your life situation and financial position. It will entail some home work for you too . There is also the danger of some getting misguided  with these messages especially if they do not have the required back ground, understanding and guidance.

I plan to send the second part messages only to those vetted by me. Also they must be serious about ‘learning’ and should be able to give priority time too.

I have already short listed some of you who have a good potential to achieve their Financial Freedom and benefit from my efforts. I have already sent a personal email to them. I request them to confirm receipt.

Those now responding on my web site and proving themselves will be included in this elite group. This will thus take a while before I can start off on the second part messages. Please bear with me.

To register see my web site www.moneymonk.me  and follow the structured process. 

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