Keep it Simple
This happened in one of world's biggest cosmetics companies. The company received a complaint that a consumer had bought a soap box that was empty.
Immediately the authorities isolated the problem to the assembly line, which transported all the packaged boxes of soap to the delivery department. For some reason, one soap box went through the assembly line empty.
Management asked its engineers to solve the problem. Post-haste, the engineers worked hard to devise an X-ray machine with high- resolution monitors manned by two people to watch all the soap boxes that passed through the line to make sure they were not empty.
No doubt, they worked hard and they worked fast but they spent whoopee amount to do so. But when a workman was posed with the same problem, he did not get into complications of X-rays, etc. but instead came out with another solution.
He bought a strong industrial electric fan and pointed it at the assembly line. He switched the fan on, and as each soap box passed the fan, it simply blew the empty boxes out of the line.
Investing Moral: Always look for simple solutions. Devise the simplest possible solution that solves the problem. And, learn to focus on solutions not on problems. A simple SIP in an equity fund if sustained over the long term can solve many a problems. In investing the simpler you think, the better you are rewarded. The most valuable ingredient in investing is time and hence ensure that you have provided enough of it. Start early, be clear about your goals, stay focussed, have the patience and let not fear or greed arrest your journey.