Why Your Next Generation Must Become a Better Investor Than You are !
The chart Above is eye-opening. Over the past decade, Indian middle-class wages have barely grown, while inflation has surged. I have been highlighting this critical issue in every investor awareness program I conduct. India’s labour force, skill levels, and employability are rising rapidly—which is excellent for our economy. But this also creates a “Micro-Macro Paradox.” At the macro level, it’s a sign of progress. At the micro (individual) level, it means tougher challenges: 1. Fierce competition for jobs 2. Lower wage growth 3. Shorter working lives due to faster technological disruptions 4. Early retirement 5. Longer retired lives due to higher life expectancy If my next generation chooses a salaried career like I did initially, his environment will be drastically different. When supply of economic factor rises the price falls. Relying solely on wage income will not be enough to maintain or improve his standard of living. He must learn to earn “profit income”—through smart, discipl...
