Late in India global 5-star rating became famous and people started looking at the safest vehicle.
For a car to be safe on the road is this the only safety thing that matters or something else also?
Think Again!!!
Yes, you got it, it’s your efficient driving skill as well.
If I say, give a score out of 10, how much you will give it to both?
It is Driving Skill 6 and Safety Car 4 if you are on the highway
It Driving Skill 7 and Safety car 3 if you are in an open, less traffic city
Its Driving Skill is 8 and its Safety rating is 2 if you are in congested traffic cities like Bangalore, Delhi, etc.
In addition, so much so forth.
It’s always many permutation combinations, whether it’s in a village in a hilly area, or desert, etc.
Driving learning skills are also available on YouTube, Twitter, Instagram, etc. Still, you need to learn it on your own from some consultant. Again, when rules change, you need to update it. In addition, you need to adapt too many real-time situations when you are in a car on the road. Isn’t it!!
Simple Car driving is so complex.
Let me consider this in financial planning.
Everything today is available on the internet free. You are learning this and DIY. When real-time situations like recession, Covid, etc. happen or some regulatory rules change, you need to adapt.
Every day new types of products are being launched. Apart from that, many non-regulated high-return products are also available in the market where your principal is at RISK.
In real time, you need to control your emotions to deal with your investments.
So in this regard, you need either a paid mentor or a mentor who should get some commission out of your investment.
The call is yours!
Warren Buffet has an advisor group led by the Late Charlie who later becomes his partner.
Sachin Tendulkar had a mentor.
All big sportspersons also have their coach and trainer.
Lord Krishna was the mentor of expert Arjun.
Do you know the world’s best gynaecologist never operates on his wife or daughter because emotion may hamper his performance in operation theatre?
When it comes to money, also a similar situation happens.
“DIY is overrated and Financial Planning is underrated
5-Star safety is overrated and driving skill is underrated”
Just think once and let me know if I can help you in any regard for your financial well-being.