India Needs A New Independence!

Sixty one years ago we got Independence from the British. Since that time a lot has changed. From being a British colony we have gone to buy British company's such as Jaguar-Land Rover, Tetley and Corus. This is not only good for us, but also for the British who are getting the opportunity to benefit from global management skills and finance. It ensures employment for thousands of employees and increases their efficiency. From being a nation afraid of foreign competition, today we are ready for competition of every sort and thrive in it.

From a time when we had to wait for a year to get a phone, today we can get a cell phone within minutes and have amongst the cheapest phone rates in the world. I am proud to be an Indian and very lucky to be born in a time when India is getting ready to become a major global economic power. But at the same time we as a nation and as people have always believed in respecting other civilizations and not infringing on their rights and freedoms. Respect, equality, peace and dignity should be something that the entire world should have and something which we should share with the rest of the world.

I hope every Indian is proud of our nation and proud of our culture and heritage which is several thousand years old.

But today we are desperately in need of a New Independence movement.
We need Independence from poverty, unemployment, illiteracy, hate, corruption, bureaucracy and inefficiency. We need Independence from pollution and environmental degradation. We need Independence from having the attitude and willingness to accept what is wrong. We need Independence from being afraid to learn new things, being afraid to fail and being afraid of change. We need Independence from fear.

India needs this New Independence and it is in our hands to make our nation truly free. We can all do this by doing our dharma. We all need to do our duty with love, dedication, passion and commitment. If we all start doing our dharma as well as we can, things will start changing. If everybody in our nation does their duty, it wouldn't take too long for things to change.

Today there isn't a shortage of money in our country. Just that the money isn’t being tapped correctly. In fact today India's balance sheet is much more favourable than America's. Imagine how much more wealth can be created by everybody if millions of people got access to basic necessities such as electricity, water and education. It would spiral of a positive cycle of productivity and increase demand.

The Government today has billions of dollars with it. Instead of keeping a currency which is going to lose value over time, these funds should be invested. This can bring New Independence to millions of people and this also means a great economic opportunity.

As individuals we have the power to not only do what we are doing with complete love and dedication, but also spread the message of change. We can spread and share ideas which will go into building a nation and help build India into an economic and cultural super power. We can share thoughts which motivate and inspire people around us. Everything great first starts out in our minds. Our minds need to think about what is possible and how we can achieve it. That is what I have always believed and also experienced personally as a Happionaire.

We Indians are hard working and I know that if our brothers and sisters across the vast nation are given opportunities, they too can do wonders. I'm sure we will be able to find hundreds of more Dhirubhai Ambanis, Ratan TATAs and Kishore Biyanis.

I have a feeling that it will happen. Something inside me tells me that in the next 10 years we are going to see radical changes in India and more and more entrepreneurs are going to go out looking for opportunities across our great nation. We all have an inner voice and that voice somehow is always true. Isn’t it?

I wish all of you have a very Happy Independence Day and I hope that with the grace of God we shall all be wishing each other a very Happy New Independence Day in the coming future.

Feel free to share this article with every other Indian and spread the joy.

Keep smiling!

Yogesh Chabria
Happionaire


Make the most of our freedom and democracy - let fellow Happionaires know if you agree or disagree with the above post.

Is An American Recession Really A Global Recession?

Recently Warren Buffett, one investor I follow, respect and admire, said that America was going through a recession. Personally I do agree that America is headed for some tough time ahead, not just because of economic mismanagement, but also due to the ongoing war it is engaged in. There are lots of hidden skeletons which are going to be unearthed soon. A few of my sources who are working with some of the (supposedly) world’s best financial institutions have confirmed my fears about America.

Institutions which have always been held as the gurus of global finance are soon going to be headed for very difficult times. The losses which have been made are much higher than people can imagine. The main people who are going to be affected by this are American and other European institutions.

I do agree that America and even places like Europe will see a slowdown and challenging times. But is this really a global recession? Is every other economy headed towards a depression?

China, might be affected, as exports do contribute to a large part of its revenues. A few other countries that are dependent on America for exports might be affected too. But fortunately or unfortunately India still isn’t really a major exporter. People might say- we do export software, but today the Indian economy is not just dependent on software. And lately Indian IT companies are expanding operations away from software exports. With the domestic economy booming, India needs more software to support business. Many IT companies are in very good shape to capitalize on domestic IT demand.

Today India is at the same point at which China was 10-15 years ago. We have just started out our economic progress and are still have a lot of growth potential ahead. I am confident with millions of wonderful people like you; we will make our dreams turn into a reality. In the short term, the Indian stock markets might face some volatility, but I can assure you that the actual economy is very strong and growing.

The stock markets don’t always imitate the real economy in the short run. Maybe a few foreign funds/FIIs remove money in the near term. But eventually a lot of money is bound to come from retail Indian investors and also global investors later on. We today have some of the highest saving rates in the world.

An America going through recession, might affect the stock markets in the short term and few exports, but it is not going to hamper the growth India is witnessing. Yes certain stocks which might have had speculators inflating prices, would correct. But companies which have fundamentally strong businesses are continuing to grow profits.

I assure you that if you have an investment horizon of at least 3-4 years you will be glad that you invested in India, provided you invest in a company or sector which is not just ‘hot’ but fundamentally strong.

One of the secrets to successful investing and creating wealth, is to invest when people are selling in a panic at depressed prices. People who panic and do ‘distress’ sales don’t care whatever price they get, as long as they get something. A smart investor will make the most of such opportunities and buy when very few buyers are their in the market.

The value of your money suddenly goes up, when demand for a certain stock or asset falls. Thankfully this year we are going to have several mouth-watering investment opportunities thanks to an American economic slowdown. I am an eternal optimist and like looking at the bright side of everything. In fact several American assets are soon going to be purchased by funds based in the Middle East and Asia. Citi Bank already has major shareholders who are Middle Easterners. Some of the West’s largest and best known brands and companies are soon going to change ownership and this trend is just going to rise with a change in economic balance. As history has proven, no super-power ever remains a super-power for ever.

Let us make the most of every opportunity and as they say make hay when the sun shines.
Happy Wealth Creation!

Yogesh Chabria

Find Out If Other Happionaires Agree With Yogesh and His Post On Future Giants Here!
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