In this Article, we have covered Importance of Insurance, Inflation, Financial planning, Goal based planning, Difference between Savings and Investments.

When I meet some of my clients and they are skeptical about investing in new products  / financial markets, a glimpse of the book Who moved my Cheese? flashes in front of me.

The story is about four characters, 2 mice (Sniff and Scurry) and 2 little people (Hem and Haw) who look for Cheese every day. One day, they find that their regular stash of cheese is gone! The mice and little people respond very differently.

2 mice and 2 little people

There are mainly 4 lessons one needs to take away from story. These lessons apply to our Investments too..


Just like we have moved from Landline to Smart phone, from hand written letters to e-mails and so on.. Our Investments also need to change. In the earlier days, investments in Gold, Silver, Fixed deposits, PPF etc. were considered as the best investments. Today, these assets do not make good investments. Let’s see the returns from 4 assets classes for the past 39 years.

Retuns of Various Assret ClassesTAKE AWAY 2 : ANTICIPATE CHANGE

Those who Anticipate change are likely more successful than others. Similarly, in our financial journey we should always be in the quest for knowing new things and anticipating changes. Those who invested in Equity in the earlier years have gained much more than others. Click here to see the value of Rs 100 invested in the Share market in 1979.

Current Value of Rs 100 invested in 1979 is 38690 (Aug 30, 2018).


Be alert and keep sniffing your cheese to know when its getting old. Which in our financial journey means that we should keep checking the market and discussing with experts in the field about new products, opportunities, etc. and keep abreast with changes happening in the industry and economy. One should not fill it, shut it and forget it.


If you are not one of those who could anticipate change, you could at least be the one to adapt quickly. Currently, the mutual fund penetration in India is only 11% whereas for developed countries its way higher.

MF Penetration in India

As seen in the table above, India has a long way to go in mutual fund market and the earlier you enter the market, the better it is.

Currently in India there are only 2 crores Mutual Fund Investors out of the total population of 134 crores.

Mutual Fund Investors In India

As Warren Buffet rightly said.. “What the wise do in the beginning, fools do in the end”

CA Nitesh Buddhadev, CA Mitsu Buddhadev, Nimit Wealth Management

You may reach out to us at [email protected] for any queries, suggestions or feedback.

Author Bio

Qualification: CA in Practice
Company: Nimit Wealth Management
Location: Mumbai, Maharashtra, IN
Member Since: 06 Feb 2018 | Total Posts: 13
I am a qualified Chartered Accountant and a Wealth Management professional. My professional journey has been an interesting one from working as a Director in corporate to building my own practice in the field of Wealth Management. When I qualified as a Chartered Accountant in 2012, the scope for CAs View Full Profile

My Published Posts

More Under Finance

One Comment

  1. Niteshbuddhadev says:

    Please find below link to Thoughtful Thursday series, where we have covered Importance of Insurance, Inflation, Financial planning, Goal based planning, Difference between Savings and Investments.

Leave a Comment

Your email address will not be published. Required fields are marked *

Search Posts by Date

June 2021