Why WALK when you can RUN?

April 13, 2018

I have been inspired by this quote from the autobiography of LEE IACOCCA

 

 "Lee" Iacocca  is an American automobile executive best known for spearheading the development of Ford Mustang and Pinto cars, while at the Ford Motor Company in the 1960s.(Source: Wikipedia).

 

And I find this quote quite true when it comes to most things in life, for example, why are some people rich while others remain poor? The Rich save more >> invest more>>grow more rich.

In life in everything you do, you will have the option to WALK (do things at your comfort or within your comfort zone) or RUN (do things out of your comfort zone). You have to pick carefully. Whether you want to WALK or RUN.

 

In the investing parlance, people who invest in Equity are people who RUN and people who keep money in the bank are people who WALK. No doubt, investing in Equity (Mutual Funds or stocks) demands more time and energy than letting the money lie in the bank. But then it’s when you move out of your comfort zone… that’s when the magic begins to happen.

 

In this case, it is the MAGIC of WEALTH CREATION.

 

The 20 year Sensex return is 11.21% (1st April 1998: 3969.57, 2nd April 2018: 33255.36), while keeping that money in the bank could range from 4% - 8% as the case may be at various points in time.  If one had Rs 1.00 lakh and invested in each of these investments for the course of 20 years, he would be richer in the equity investments by 100 %. Do we need to say more? 

 

So, WHY WALK WHEN YOU CAN RUN!

 

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