Get rich quick scheme is very much overrated. People get attracted to getting rich than building a long term wealth. It is quite obvious, all of us want it achieve our goals as soon as possible. I mean for lot of us it is meaningful. And most of people in this planet consider work as the mean of earning money, which is partially true if the purpose is neglected. So all want to get rich within a very short span of time. This is desirable because it brings financial freedom which further brings the true freedom. This is luring. So we chose the get rich quick scheme.
Expecting return a way more than the index average can be of greed influence. Index do gives a handsome return that sometimes even surpasses majority of the stock performance. But it is also true that index may stands still for some years. Yet in the very long it is way better than FDs.
Comments
Post a Comment