4 Investing Lessons to Learn from Holi festival

 4 Investing Lessons to Learn from Holi festival 

  

Hello friends and welcome to our blogpost. Today we will share 4 investing lesson that everyone must learn from Holi Festival.  

Holi, it is the festival of colours. It is celebrated with great joy in different parts of India, especially in north India. The festival of Holi symbolizes the win of good over evil. It is the time of the year to get together with friends, family and relatives and play with colours and forget all differences. In the same way, to have a good financial life, you need to defeat bad investing habits and adopt better one. 

Here we are going to share four important investment tips that everyone should take away from Holi: 

  

1. Banish the Evil (Eliminate the evil from your Portfolio) 

As we all know that Holi symbolizes the victory of good over evil. On the eve before Holi, people light the Holika, symbolic of Hiranyakashyap's evil sister perishing in a fire while his son, Prahalad, comes out unscathed. Similarly, Investments which are not suitable for your profile shouldn’t be in your portfolio. Go through your holdings and check what needs to stay and what needs to go.  

  

2. Play safe (Investing wisely) 
   Just as you take precautions by choosing organic colours to protect your skin and hair while playing Holi, in the same way you should also manage your hard-earned money. Whenever you start investing, consider your age, personal risk profile, your financial goals, and the time in hand to achieve them.  

  

3. Play With Different Colors ( Have a Diversified Portfolio) 

In Holi, an array of colors makes this festival more exciting and fun. When it comes to your investments, you need to diversify across various asset classes: equity, debt, gold, etc., so that it adds vitality to your portfolio. Diversification is one of the basic tenets of investing that helps mitigate the risk of loss from investing.  

  

4. Enjoy the Sweets (Reap the sweetness of good investments) 

And here comes the most important part of our Indian festival that is sweets. In Holi, we enjoy various savories like gujiyas, phirnis, and thandais. These sweets carry a special lesson for us too. Just like we enjoy by indulging in various sweets in Holi, similarly as we are approaching financial year end, it’s time to take stock of the investments already made. If you are patient and avoid high-risk bets, you can enjoy the sweetness of the wealth creation. 

Conclusion: - 

That’s all! This Holi, do keep the above points in your mind to maintain your portfolio. You just have to look in the right places. Hope you find this blog useful.  

Wishing you a very happy Holi and may your portfolio bloom in the coming year...