Lord Ganesha is the epitome of wisdom, a symbol of prosperity, a master of knowledge and a remover of obstacles. He is a scholar of 14 vidyas and 64 Kalas and constantly teaches us something new.
There are millions of inspirations to take from Lord Ganesha when it comes to financial planning. Let Ganpati Bappa be our guide towards successful investment planning through his distinct ways.
Nurture your curiosity for knowledge
Ganesha is considered the deva of wisdom and intellect. Investing requires these traits. Knowledge and intellectual curiosity will empower us to manage investments and finances in a much better way.
Start investing early
Lord Ganesha is worshipped first before beginning any auspicious events. Financial planning is also the same, the earlier we start, the better it is, given that time works on our hard-earned money and compounds it. There are several savings schemes to settle on to start investing like mutual funds, fixed deposits, gold ETFs, bonds etc.
Digest market volatility
Ganesha is known as ‘Lambodara’ - a God with a large stomach with an extensive appetite. It shows the ability to digest all the problems, issues, evils and uncertainties in the world. You have to face a lot of uncertainty in the financial markets.
The knowledge about all the asset classes and investing enhances the ability of individuals to stomach market volatility. It helps investors to maintain calm when the stock market is stomy.
Ganesha is also known as ‘Vakratunda’- a God with a curved trunk. His trunk is very strong but is also very flexible and can pick up very small things also. Similarly, as an investor, we need to make adjustments to obtain additional benefits, when any new opportunity knocks on the door.
We should regularly review our investment portfolio and keep looking for better opportunities. Also, we should be flexible like the trunk in terms of asset diversification, the amount of investment based on circumstances and timeline adjustments.
Humility is the key
Humility is one of the most important attributes to have. Lord Ganesha always tells us to keep our temptations and desires in control. When we manage to get a few investment ideas right the immediate response is to become extremely confident. Despite being supreme power, Bappa has a little mouse (mushak) as his vehicle. It is a symbol of humility, knowing that we still have the scope to grow more and remain true to ourselves.
The 10th day is observed on ‘Anant Chaturdashi’ and is called Lord Ganesh Visarjan. This day teaches us a valuable lesson that all good things are transitory. Similarly, the good times don’t last forever however good trading strategies and ideas do.