A mother sat with her young daughter, reading a fairy tale aloud.

The mother read about the princess trapped in a tower with a moat, crocodiles, and a menacing dragon. The mother continued the story, saying the princess waited for her prince to come and save her. The little girl questioned why the princess needed a prince. The mother struggled to find an answer.
The little girl confidently said, "Instead of waiting for a prince, I would tame the dragon and rescue myself. This princess is stupid." With a smile, the mother whispered, "It's time to update our fairy tales." Let's teach our daughters to be self-reliant and independent, and let's also revise the investment narrative. The past doesn't dictate the future in investments.
Just like societal norms change every 10 to 15 years (and even as short as 5 years these days), our investment strategy needs to adapt. Haven't we all known for long enough that "Change is the only constant"?
1) Today's investors can't rely on outdated financial instruments like Fixed Deposits, just as the girl couldn't relate to the princess waiting for a prince.
2) Like the girl taming the dragon, individuals should aim to control stock market volatility by gaining personal finance knowledge.
3) Investors should strive for financial freedom by investing in appropriate asset classes, as the girl mentioned flying into a world of freedom.
A Financial Advisor is the best person to provide guidance.
Traditional fixed deposits offered protection against inflation in the past, reducing the need for financial advisors. However, with longer lifespans, job insecurity, and decreasing retirement ages, fixed deposits have become less effective and should be chosen wisely. Seek professional guidance, understand your investments, and act promptly to secure your financial future.
Name: Praful  Patil
Firm Name: PATIL INVESTMENTS
Mobile: 9833473537
Email: praful@patilinvestments.co.in