nrimoneyreallymatters

One of my favorite blogger and Financial Expert friend from India, Sreekant CFP recently posted a blog which talked about relating the equities with growing Teak Trees. It was an interesting correlation. I remember a decade or so Teak trees were considered a long term investment. It was marketed like Life Insurance policies. Many people took interest in either planting them in their backyards or invested with companies which pulled investors together creating Teak tree garden/repository. Some of those investments survived but many just disappeared. With the current demand to Teak, it would have been a great return for those investments.

It has been a while since he posted a blog because he was busy fixing his house which was affect by recent cyclones. In his new post, Sreekant relates his current tight financial situation due to cyclone which hits his place last month and how he was able to come out on top due to the Teak tree which he planted long time ago. He also relates the teak tree investment with another interesting story to give us an positive outlook on Equities. Like Teak tree, Good Equities can go long way as long term investment and help you or your family members after years.

He mentions at one point that,

It is in the Indian culture and ethos that we look to leave a fortune to our future generations, even if it meant sacrificing a bit of our lifestyle. The simplest way that you can achieve this fortune is by buying shares of good companies (of course at the right price) or units of good diversified mutual funds and leaving it undisturbed for decades, possibly away from your and your family members’ view. You can rest assured that they would come handy to your loved ones at times that are good or bad.

Interesting post with different outlook. I strongly recommend to read his full post at moneycaresolutions.in and post your positive comments.