Devotees of Shirdi Sai Baba would savour his two golden words: “Shraddha” & “Saburi” meaning faith & patience. These two words (qualities) form the basis for all that we can achieve in this world. Faith & patience is also very much required in our personal financial planning, more importantly when we are investing in Equity Markets.
“FAITH”: When ever we are investing anywhere, we should have a minimum level of faith & positivity about the future prospects of growth of the economy. Without faith, there cannot be any investments happening any where & in anything. Faith would mean unwavering faith which is different from our belief system or being positive. Any one can have faith about the equity markets when the markets are going up. But to sustain the faith in the economy when the markets are going down, separates the successful investor from the not so successful one. And this FAITH can manifest in our decisions only if we are equipped with proper knowledge of our investments for which we will have to invest our time to understand the nature of investments in a systematic manner. Or the easiest way is to engage a trusted financial advisor who would guide the investment decisions for your financial goals. Naturally, here again your “FAITH” would have to get shifted to the financial advisor.
“PATIENCE”: For many people, even though they have “SHRADDHA” (Faith), they may want the results too quickly. Their goals may be far away – but they want those to be achieved today itself. Every one loves making money soon – but then wealth creation, just like nurturing a relationship, growing a tree, education takes time. During this process, one should develop the art of “PATIENCE” (Saburi).
With “FAITH” we can be confident / positive about the future & with “PATIENCE” we will be peaceful till the goals are reached / achieved.
So, remember Shirdi Sai Baba for these two wonderful qualities he wants us to embrace for a peaceful life & wealth creation – “SHRADDHA – Faith” & “SABURI – Patience.