New Year is not about changing dates but direction. It’s not about changing the calendar but commitment. It’s not about changing actions but attitude.
New Year Resolutions are great way to make positive changes to your financial life. Though resolutions can be hard to keep but giving yourself easily attainable goals is a great path to success. Resolve to put your finances in order by picking simple money moves.
For last year’s words belong to last year’s language and Next Year’s words awaits another voice. Wish you all a very Happy 2014!!! Hope this year brings lots of prosperity, good health and happiness to you and your dear ones.
Every passing day becomes our teacher and teaches us a lot.
If we talk of 2013 from investments angle, we will find it was a year of turbulence and not a great year for any asset class may it be real estate or gold or share market or fixed income securities. Equity market started in 2013 with optimism from 2012 where sensex gave over 20% returns in 2012. However in 2013 the overall return from sensex was just 9%. But the entire scenario seemed very scary with fluctuating dollar and gold prices. What amuses me here is that when gold prices saw a correction from 30k to 25k during the year it was seen as a great buying opportunity but we failed to see the same opportunity when the sensex fell. What 2013 taught us is that it’s not the markets which failed to give returns; it’s we who refused to make returns.