Life begins at 40.
This is the age of maturity. That’s what happens when we reach 40. Our markets have scaled 40,000 on the Sensex!
From about a level of 100 in the year 1980 to about 6000 in the year 2000 to about 40000 in the year 2019. Do the math and you will see the enormous wealth creation that has happened despite the deep declines of 1993, 2001, 2008, 2016. The good news is that there is a lot more to come in just the next 10 years or so. This is just another beginning for another decade of growth and prosperity.
Here is why: The Indian economy is forging ahead. We’re at 3 trillion dollars and likely to almost double that level in the next 10-12 years. That’s assuming the country grows at about 7% against the new government’s aim of 9-10%. This 7% is quite easily possible. And that’s stupendous! The wealth we created in the last 70 years or so is about to get created once again and in just about a decade.
Question is: Do you have your Krishna to chariot your portfolio through this phase?
We’re all set. There are pockets of great opportunities. But not without potholes. Not everyone is happy with the business environment around them. But then this is new India and opportunities albeit everywhere may not be available in your area of work or business. There is disruption almost everywhere for everyone and almost everything’s changing. Then there are other issues as well such as trade war, embargo, oil concerns and other risks including rapid climate change too. I’m sure our world will not be the way we see it today in the next 10 years. And that’s the beauty of it all. New models of business, new areas of business, and new ways of business. There is no choice. We have to accept and forge forward.
Diversify your income sources. Navigate through new opportunities. Create a fortune!