Allright, so before you read this post you might want to take a glance on
Saving is sin and spending is virtue - Part 1In support of this fantastic thought, let me give you a strong reason to go ahead and spend ur money rather then investing. Look at the Economy crisis, and think about it. As yourself following questions:
- America as debt of 37 Trillion USD, even after that how come it landed money to India and other asian countries ???
- Asian citizens save up their money and put them in banks / PF / Stock Market / Bullion Market / Comodities / Fix Deposits and different assets. All this money is reinvested into hedge funds and other stock markets across the world, WHY?? dont we have enough opportunities to invest in our own countries ???
- America's big companies and banks are being bailed out, where the hell they are getting money from ??? ofcourse Asia and other countries .... they have printed enough money .... If it is so, why do India still show that it has debt to US ??
- More then 95 people in US / UK have mortgages, they cant live without it. They buy premium cars / gadgets /other luxurious items, why ??? Why is it so difficult for India to build better infrastructure, public services ... etc ??? We pay similar tax as other countries without receiving enough returns ....
So dammn everything ..... go ahead and spend your money the way you want it ... because its not point being a "good guy" ..... I end up loosing same amount as my friend did who never made any investments .... the difference is I spent all my money for others buying stocks and investments ... rather my friend spent it for himself ... .going out, holidays, parties, gadgets, car, etc.... so whos better ??? whos money was value for money ??? HIM ofcourse .....
hope this opens your eyes..... and you do what you feel like doing rather then bloody investments ....
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