Tuesday, August 18, 2020

You Are An Asset!

Who am I ?


Sitting on your couch binging on your favourite show seeing the protagonist(hero) perform tasks which you could hardly imitate have you ever come across this life changing question - who am i ?
If yes then let me congratulate you for you hav started your journey of transformation.
I can also see that you are in a good company of people.

What if this life changing stuff has not happened to me?

This means that you are really enjoying your life and dont have enough time to sit down and interact with yourself.

As we have gathered here to talk about financials, wealth, money so lets leave aside Philosophical preaching.

You are an Asset

Asset you are into which investmens are being made.
You would say that in the last session I said investments are made into piece of land , ounce of gold.
But for your family , society and country you are that piece of land and ounce of gold.
You will be turned into a brick of gold from an ounce when there is a rise in your value because of your own hardwork.

Your parents send you to school they invest in you their time, energy, and of course money. 
So aren't you an investment ?
But above all you are dear to them. They look upto you for you will be their support when time comes.

How is it being an Asset?

It's a proud moment for you if someone considers you an asset and is willing to invest their energy in you.
It's a matter of responsibility. You gotta prove yourself everytime you are put to a test.
As Uncle Ben used to say - with great power comes great responsibility.
 

What if an asset does not perfom as expected?

It's a tough question but as it has come from you lets look at various possibilities .
Suppose you buy gold and it is giving you 4% return on your investment whereas one of your banks is giving 6% so what would you do?
Yes ,you will switch from  poorly performing asset class to the one doing well in comparison to the other.
Now that we know you are also an asset what if you dont perform as expected?
Well dont worry your parents wont swap you with the most brightest student in your class.
Even Nobita's parents can't think of doing this.
They will try to find out the reason for you not performing upto their expectations.
They will get you counselled atmost.
I am not doubting your effort , lets believe that you put all your effort in but still could not match the expectations.

Exactly you almost got there 

its mostly the expectations which have made your investors believe that you did not perform well.

But we know that you did your best.

Can we compare 2 different assets?

Generally we should avoid doing this sin and must not compare Nobita with Dekisugi.

One does what it does. 
Performance of gold as an asset class depends on various external factors like demand and supply.
These factors dont make it a bad asset its just it could not outperform the other because of some unforseen and uncontrollable events.
So when ever you are going to invest in any asset you will always look for all the factors internal as well as external which can affect its performance.
 And please dont compare two different assets and dont invest in an asset because it's doing well.
Your parents and teachers dont lose faith in you when you under perform.

What should I do?

You must start investing in yourself because you know you are an asset and you gotta raise your value.

P.S - Would love to read your comments.

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