Why Do People Fail in Wealth Creation?

Have you ever wonder most Indian investors want to be rich like Warren Buffet but nobody wants to follow his philosophy. Getting wealthy is not an overnight or short term process, it requires a lot of efforts, process, conviction & mindset  

There are mainly 10 reasons why people aren't able to create wealth through equity/equity MF or through SIP mode of investments.

1. Financial Short-Sightedness 
2. Instant Gratification
3. Under-estimate Inflation
4. Improper Asset Allocation
5. Complicated Mathematical Calculations
6. Investment is the Game of Patience
7. Risk in Investment
8. Inadequate Protection Plans
9. Forget Succession
10. Behavior Finance

I will be discussing the above in my coming blogs in detail.

The funda is that your money should work for you rather than you work for the money for your entire life. Focus on creating multiple sources of passive income where your physical presence is no longer required.

Disclaimer: Investment in securities & mutual funds are subject to Market Risk