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Wealth & Financial Advisors in Ahmedabad2023-08-24T11:36:31
Wealth & Financial Advisors in Ahmedabad
Many congratulations to ISRO on reaching Lunar Heights !It is a wonderful achievement for India and we all f
Many congratulations to ISRO on reaching Lunar Heights !
It is a wonderful achievement for India and we all feel proud to be Indians.
Lessons to be learnt from Chandrayan journey :
1. Try and Try till you succeed
2. Never get disappointed in life and work hard
3. Failures are not setbacks but stepping stones to SUCCESS
Lessons we can learn from Chandrayan event and Investment Journey:
1. Endurance and Long term vision in Investment
This was India’s third Chandrayaan mission; the second one had failed partially, but that didn’t deter India from forging ahead with its space exploration programme.
Just as lunar ventures present risks and rewards, investments giving larger returns will be subject to& market risks and can even lead to short-term losses. So, by embracing a long-term perspective, investors can learn from previous experiences, and persistently continue with their investing journey.
2. Soft Landing Is Must When Nearing Retirement
Soft landing, which is the toughest phase in any moon landing mission, underscores the importance of minimizing volatility when nearing retirement. The landing gears of Chandrayaan 3 were better equipped to absorb shock loads while landing in comparison to those on Chandrayaan 2.
Similarly, investors should prioritize capital preservation over rapid growth, and ensure a balanced allocation towards stable instruments while reducing risk exposure as they near their retirement.
3. Essence Of Timing: Chandrayaan 3’s Orbital Precision
Chandrayaan 3’s strategic advantage lay in patiently circling around an elliptical earth orbit, thus leveraging the Oberth effect. The Oberth effect helped it to get the right time to start off on its journey to the moon’s orbit.
Similarly, market timing influences investment outcomes. During downturns, selecting fundamentally sound stocks and initiating mutual fund systematic investment plans (SIPs) can yield prudent results. Although starting in a bear market can give higher returns, any time can be the right time to initiate investments.
4. Compounding Power And Oberth Effect
Chandrayaan 3’s utilisation of the Oberth effect—a small impulse yielding significant orbital energy change—parallels the power of compounding in investments. A minor change in investment horizon significantly impacts the corpus growth over time.
5. Diversification For Stability
Chandrayaan 3 had many instruments that mirrors the importance of portfolio diversification. In the event one instrument malfunctioned, Vikram had other instruments to perform the same function.
Likewise, as different assets react diversely to varying market conditions, investors should mitigate downturns by spreading investments across asset classes. Even if one instrument doesn’t perform well, another instrument will give good returns. Asset allocation provided by Financial advisor will make your investment portfolio diversified.