This is a very Important Rule which means 80% of your
results are due to 20% of your efforts, but the sad part of this rule is it
means for the remaining 20% result we need to spend 80% of your time, I
believe this rule applies to Investments very much.and the rule applies more as
90/10 rule.where you have to make only a small effort to start out on a good
financial life.It takes only 1 working day to start a mutual fund &
PPF account also a Term life policy/Health Insurance policy would take you not
more than 1 week to decide but we keep giving excuses to delay this & loose
the 90% of our Financial benefits by not doing anything because we are afraid
of loosing that 10% benefit.
The most important thing about investments is to start the
same but most of us will falter at that step.....
You can start your investment/Financial Planning through
only 4 things,
1.MutualFund
2.PPF.
3.Term Life Insurance plan.
4.Good Health Insurance Plan.
believe me you do not need anything more than this for a
good & secure financial life.I will be providing articles on the above steps as i get time.
So start your Financial journey today, if you need any help
ask, post a comment & I will try to answer,
Best of Luck.................
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