4 investment lessons from Rajinikanth13 July, 2020
By Antonet Fehmi
Rajinikanth, pera kettale summa athiruthuthilla (Once you hear the name you're shaking, aren't you?) He can stop a bullet with one look and bring down fifty rowdies in one go. Yes! the one and only "Thalaiyvar of the Indian cinema". His movies are the highest grossing in the Indian box office. Rajinikanth is considered an inspiration to many of his fans. The South Indian Megastar is profoundly known for his style and his fantabulous on-screen punch dialogues. Here are some lessons that we can learn from the legend's dialogues:
1. Naan eppo varuven, epdi varuvennu yarukum theriyathu. Aana vara vendiya nerathule correcta varuven (No one can tell how or when I will arrive, but when the time is right, I will be there)
Investing always involves risk. Market unpredictability is the investors greatest enemy. It is something that nobody can tell how or when it arrives, but when the time is right, it is there. The Covid-19 crisis came as a shocker to many investors worldwide. The world went into a lockdown and the economic turbulence caused by the pandemic has led to massive losses in many markets. Peer to peer lending on the other hand is adaptable to the economic changes. The returns are fixed by the investors and it doesn't depend on the market changes. The risk can be foreseen as it depends upon the ability of the borrower to pay back the money.
2. Kanna naan yosikame solrathile, sollitu yosikrithile (I don’t speak without thinking, I don’t think after speaking)
Diving into any investment, without having the appropriate knowledge will only lead to a huge hole in our pockets. Planning out investments is crucial to gain returns. Lending money to someone and ensuring timely payments is an arduous task. Peer to peer lending platforms make it easier for the lenders, by ensuring the monthly payments and giving the details of the borrower's portfolio. However, the lender must know the basic factors. A proper research of the platform, the products offered, the borrower's portfolio, and the risks involved, will make it easier for the investor to yield better returns.
3.En vazhi, thani vazhi (My way is a Unique way)
Investors seek the traditional forms of investment as it is the most sought-after passive income in India. The rising inflation in goods has proven to the world that a single source of income is not sufficient. Traditional forms of investment couldn't stand resilient to the unprecedented changes in the economy. The stock market had its worst drop since the Great Recession of 2008. Interest rates in fixed deposits fell at an all-time low of 3-4% giving returns in peanuts. Many mutual fund investors lost their money in the schemes as it reported drops as high as 20%. Now, it is up to the investors to seek other non-bank forms of investments. Just as Rajini would do create a unique way and invest in P2P lending and not follow what others would do.
4.Naan latea vandhalum latesta varuven (Even if I come late, I'll be the latest.)
P2P lending is a financial model that lends money to individuals and businesses without involving any formal financial institutions as intermediaries. P2P lending is more prominent in the U.S. It is still at a nascent stage in India, but rapidly growing. In 2016, 30 platforms were established in India. There are many advantages to this late entry form of investment. Fast and convenient online application, higher returns with lower costs, flexibility of choosing and diversifying the portfolios for investors, and unsecured loans for the borrowers are some of the benefits of P2P lending.
If Rajini can, why Kant you? Start your journey towards financial freedom and invest today!