Learn Cycling ——- Learn Investing!!

A few days back, I was fortunate to be a part of a Cyclothon @ India Gate New Delhi

Though i could count plenty of reasons for that…But would like to state 2 of them here.

Firstly because it was Lots of Fun and also because while I was Cycling, my mind was Riding on new thoughts.

 Something came to my mind and I paused for a moment and asked myself “Does Cycling and Investing has anything in common? Being from Financial background…naturally this thing occupies special place in my mind.

Firstly, benefits of both are the same.

Investing is laying out money with the expectation of achieving a profit or material result- Financial fitness and Cycling is utilizing one’s energy with the expectation of a worthwhile result-Physical and Mental Wellness.

Learn how to Balance::Getting started with cycling needs you to balance yourself. At the back of your mind you know that you can fall if imbalance is there…Similarly while starting with your investments in equity markets, one should also be aware of the risks associated with it.

Pick Up Slowly::Once you are confident with the balance, perhaps it is the time to increase your speed and sail smoothly….In investing, once u are confident of equity and are comfortable with it…u can enhance your equity exposure for more returns in your portfolio.

 Keep Pedalling::When we start pedalling, cycle picks up speed slowly and steadily and then you are actually riding smoothly, Similarly one should keep pedalling investments, keep investing regularly for returns and wealth creation.

Do Break when Required::When u see a red signal, its time to apply brakes or else you will be banging into someone or maybe challaned by Traffic police…Similarly in investment, one should be aware when to apply brakes i.e there should be a pre set stop loss for equity investments. Losses should not be made beyond a certain point.

Alignment::Both the wheels of your cycle should be aligned so in order to give u right balance and speed required with less effort, similarly your mind and heart have to move in sync to give u right amount of perseverance and consistency in investing.

Keep Patience::Like Cycle picks up slowly and u go far and far, your investments also take time to grow…so keep investing and have patience. You will get to your destination. (Goal Amount)

Never Exhaust your Self::If you have more stamina and you know you are moving in the right direction, you will go farther than one who has less stamina and is unaware of direction….similarly if u have you have some Money tucked away to be Invested at falls then you will not be panicky in falls and hence will earn more in times to come.

Maintain Co-ordination:: Like Cycling is good for coordination of your hand , eyes, legs and mind…similarly a more focussed person is likely to reach his goal smoothly with better coordination and control of his mind.

Stick to your Lane:: Cycling on the right track (In bicycle lane) will never lead to accidents…similarly if you are invested in the right scrips, you will never end up making losses.

Keep Checking the Air::Cycling doesn’t require any fuel…just right amount of air in tyres and some little maintenance time to time and doesn’t require much attention….similarly for investing if you keep on reviewing your investments once in a year…it’s pretty good for your portfolio

(All Images have been taken from Google Search and are non Licensed,Free to use Images)

Cycling gives way to Financial fitness.  Taking a life cycle approach to investing is also one of the best ways to help stay financially fit. Life cycle investing works by letting you manage your finances so they match your financial needs and priorities at different life stages.

So next Time you think of a Cycle, think about your Investments and how you need to Gear them up accordingly to have a bump free ride for your Investments.

And about Cyclothon!!!!    

Yes we did Win

Lots of Strength, Stamina, Friends, Happiness and the Inspiration to Write this Blog)

Gurleen Kaur is a Financial Consultant and devotes her time to her company www.infinitycapital.in. She has done her Bachelors in Finance and Investment Analysis(BFIA) from College of Business Studies(CBS, Delhi) and MBA from IMT, Ghaziabad. Currently she is also pursuing her studies in order to become a Certified Financial Planner.

She can be Contacted at gurleen@inifinitycapital.in