BP monitor & Wealth Management
One of our acquaintance called me the other day about the availability of BP monitor on online portals.
At first go, I said there are lot many but still consult someone who is expert in medical field...
After a research they bought the machine...
Almost after a month we met somewhere...that person was bit worried about his parents health as he was saying that “my parents Blood Pressure levels are fluctuating very frequently...what to doâ€
At that moment again I said the same thing “consult any good Drâ€
But then I asked about the BP levels
He said “we measure the BP levels thrice a day since we have machine so it is now ease to measure it at home...but every time it shows the different readings...hence we are worriedâ€
My simply question to that person “have you consulted any Dr ??? (3rd time for Doctor advice)â€
After mumbling he said “noâ€
“then why the hell you are checking the levels of BP thrice a day†I blasted...
He said “since they are BP patients then I thought BP monitor will help them to track the readings and then finally the track on medicines “
This time I was furious...and yelled “Boss why the hell you are not consulting the Dr in the first place if any problem exists...â€
He was all mum...
Ma’am & Sir,
Hence.,
Sometimes we as an Investors also act like that person...problem does not exist or exist but not that much...and we start tracking our portfolio’s on almost daily basis...
If we have been given a tool to track the portfolios (all thanks to our IT support team), it doesn’t mean we check-it, it all time as and when we are free as if we are having a mug of coffee.
A simple question from we as a Wealth Management Co. to our Investors “when dream (funds to goal we invested for) is not of today then why tracking it on frequent basis...
This kinda tracking will really give a kind of worry to us as an Investors on the various asset classes we invested for.
And after all have we consulted to our Wealth Manager for any inorganic ups and downs in the portfolio???...coz at times we have to sit with patience in turbulence times...if any (please refer my story on Pilot).
So have faith in the systems and process’s...figures will turn out in our favour - all time...everytime
Three Dots Finitude