The Excuses For Not Investing

In the course of the last few decades of investment behavior that I have seen...let me tell you some of the lies that I have heard....

- PV SUBRAMANYAM

I am too young to start investing for retirement: Younger people do not like to hear about saving/investing for their retirement — it is just too far away.

My take: forget retirement, this generation will need money to eat from when they are between jobs. Job loss can happen at 32, while retirement may happen at 50.

I have no money to save or invest: I have heard this from people earning ₹9000 per month as well as from people taking home ₹1,84,000 per month. Need I say more?