“The purpose of life is a life of purpose”– Robert Byrne

Daily we come across individuals with diverse investment portfolios and strategies. It often amazes us, the combination of things they have put money into and makes us wonder about their objectives.

They will have strange combinations of FMPs, arbitrage funds, ELSS and Gold Funds and not very good reasons for holding on to them, let alone investing in them. Thankfully, we understand their reasons for going about it in a less-than-organised manner.

“The purpose of money was to purchase one’s freedom to pursue that which is useful and interesting.”– Benjamin Franklin

Investing without a purpose is pointless

Various types of investments serve different needs. Factor in the time period. Then, the kind of asset class you wish to invest in. All these decisions are deeply connected with the purpose of investing. The purpose should drive your investment choices and not the other way around. You will get to where you want only when you know where you want to go. So invest with purpose to reach your goal.

Life and money go hand-in-hand

It’s true. And you know it as well as we do. The clearer you are about your life, the more purposeful it will be, and fruitful, too, in more ways than one, including financially.

Don’t invest without a purpose. This cannot, as you can see, be stated often enough. Instead of chasing money, chase it with a purpose. And that’s when you will see how well Life and Money go hand-in-hand with you peacefully.

“When I chased after money, I never had enough. When I got my life on purpose and focused on giving of myself and everything that arrived into my life, then I was prosperous”– Wayne Dyer

On the road to where we are today, we have realised that the only way to turn savings into wealth is by investing with purpose. And so, here’s to a Purposeful 2015. Happy Investing!

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