Last night, tennis legend Rafael Nadal secured his 14th French Open victory. Taking his Grand Slam streak to a record 22 titles, Nadal dominated the clay court against his Norwegian rival Kasper Rudd. The Spaniard was 19 when he won his first French Open on a red court. And yesterday, the saga continued with an emphatic 6-3, 6-3, 6-0 win over Rudd.
In general, Nadal’s life is a goldmine of iconic moments and memories for any sports enthusiast. But take a closer look at Sunday Roland Garros The 2022 Finals also presents a wealth of actionable financial insights for all. read on.
Invest time, not just your money
at 36, Rafael Nadal He is the oldest player to win a Roland Garros tournament. He started his A-list professional career nearly 20 years ago, and it has been full of ups and downs. Many thought he was done after failing to make it to the big leagues in 2015 and 2016. But six years down, Nadal is all firing and furious.
The temptation to earn fast, skyrocketing returns can disillusion even the best. And this could lead us to invest heavily and only in very volatile and relatively new asset classes such as cryptocurrencies. In comparison, investing in traditional, long-term wealth creation instruments like mutual funds, NPS, PPF and others may sound sluggish.
in pictures | Rafael Nadal is the oldest person to win the men’s singles title at Roland Garros
But don’t give up on the Nadal-esque stocks and mutual fund units of your portfolio entirely. These can be blue-chip, stocks of large companies that generate consistent returns, even if not very high. Or they could be your mutual fund investments in index or large-cap funds. They will deliver, eventually. And with a bang.
specialization matters
Of the 92 titles he has earned in his career, 63 are on clay. It is no surprise that he is called the king of soil. He is known and intimidated for his brilliant forehand, which he used deftly during Sunday’s match. This put Rudd on the backfoot.
Expertise along with experience makes a successful player. And if you want your portfolio to be a good market player, it’s time to brush up on the expertise bit.
DIY investing is great, but consulting a financial planner on your portfolio can do wonders for you. They will help you assess, reevaluate and align your financial goals. By giving you a clear overview of how you’re currently progressing and what changes you should make to reach your goals, they’ll give your investment the edge it needs.
Stay here Do not quit
Rafael Nadal’s career has been full of injuries. But recently, there was much talk about the resurgence of his chronic, painful foot condition. On several occasions, Nadal described the immense pain he experienced because of this. And yet he managed to lift the coveted trophy on Sunday.
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Staying invested in the markets is like swimming in water early in the morning. This is a test of your resilience. One quote, often referred to as Roland Garros itself, reads, “Victory belongs to the strongest”. When the market is down it is very easy to panic and exit. You feel like you are losing money. But in the long run, markets reward even the strongest.
Don’t let some red and volatility push you to sell and give up on your investment altogether. Stay here And in return, you will see massive greenery and handsome returns from your portfolio in the long run.
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