THE Basics of Share Business.

Sound Portfolio Management. A Cistern contains and a Fountain overflows. It is not 2+2 = 4. It is 2+2 = 22 business. It is not the school and college education that counts in life. In practical life something more than just grades is required. It is your guts, insight, audacity bravado daring way that counts. It is not important how much money you make in life. It is important how much money you keep in your life. We come across cases of stock market winners who were poor. Suddenly stock market winners become rich, then poor again. They win millions and were soon back to where they began. If you want to be rich you should be financially literate. You have to lay emphasis on the art of mastering financial literacy. You have to have a solid foundation of financial insight into it. One has to master the art to learn the intricacies of financial trend. The words assets and liability makes sense only to an accountant. Asset is your capital having commercial or exchange value. Liability is the claim on your assets. In actual life definition of asset is in numbers. What defines an asset is not words but numbers. If you cannot read the numbers, you cannot tell an asset. It is called the need of learning the art of comprehension. Therefore the successful ones acquire assets and we acquire liabilities. Asset is something that puts money in my pocket. Liability is something that takes money out of my pocket. Therefore you have to master the art to buy asset and not liability If you are having difficulty in your business, you are not reading numbers. To be rich and to stay rich, you have to be financially literate in numbers. You have to monitor the cash-flow like a flow of drinking water in a cistern. Profit and loss measures income and expenses. You do not work for money but money works for you.