Ganpati Bappa Morya!
The most auspicious time of the year is back! The celebrations of Ganesh Chaturthi have finally begun. Our hearts are delighted as we welcome the Vighnaharta to our homes.
On this auspicious occasion, as we pray with all our hearts to shower success and wisdom upon us, here are a few things Lord Ganesha has to say about money!
Investment Lessons From Lord Ganesha
You must start to succeed
Lord Ganesha is known as the ‘god of new beginnings’. This reminds us that the most important part of any journey is first to begin. This is where we learn our first lesson that when it comes to making money, you must take the first step of investing your money. And what’s a better time to start your financial journey than this Ganesh Chaturthi?
Remember, the earlier you start, the better, as your money will stay invested for a longer duration and compound faster.
Invest with intelligence
Lord Ganesha is called Gajanana because he has a large elephant head symbolising intelligence.
Here, Ganesha tells us that while investing, we must use our intelligence and knowledge and look at all aspects of an asset class and then invest your hard-earned money.
Be willing to listen
Symbolising Lord Ganesha’s large ears, he is also called Lambakarna. This indicates that Ganesha listens intently and takes note of every wise word that comes his way.
And this is exactly what you must do before investing. Listen intently, gather information about investment options, and always take your financial advisor’s views.
Attention to details
Lord Ganesha’s small yet sharp eyes are the reason why he is called Chinteshwara. This depicts the ability to concentrate while avoiding distractions. From an investor’s perspective, even if your investment is volatile, you must avoid the herd, stick to your plan and focus on your investments.
Fork out bad investments
Because of Ganesha’s one broken yet strong tusk, he is called Ekadantaya. This indicates that we must eradicate underperforming and loss-making investment plans from our portfolio.
Flexibility and adaptability
Lord Ganesha has a strong and curved trunk which is why he is called Vakratunda, which represents flexibility and adaptability. At some point in time, we might come across a better investment opportunity that can offer a massive return. Here, we must be flexible and adaptable and adjust our portfolio to reap these additional benefits.
Even though Lord Ganesha is strong and powerful, he preferred to choose Mushaka – the humble mouse as his vehicle. Here we investors must learn to keep our expectations under control and invest with discipline.
Remove all obstacles
Lord Ganesha is also known as the Vighnaharta or the remover of obstacles. And a good investment would do the same. It helps us remove all worries and obstacles that come our way and fills our life with happiness.
This Ganesh Chaturthi, may the Lord of Riddhi (prosperity) and Siddhi (accomplishments) bless you with everlasting success in your life and your portfolio.
Happy Ganesh Chaturthi!
This article was originally written by Teji Mandi for Money Control.
Read the article here.