Yoga is the best way to attain physical and mental well-being. And it can also provide some valuable inspiration to improve our financial health as well. There are lessons to be learned from different Yoga Asanas for managing one’s personal finance portfolios.
The ‘Chakrasana’ or the wheel pose teaches an important lesson to manage your finances. This asana is all about stretching the spine and making it more elastic and flexible. It primarily strengthens the back of the body by making it more flexible. It opens up your chest and lungs to release any kind of undue stress and relaxes the whole body. This wheel pose also contributes to improving your eyesight.
In a similar way, we can boost the strength of our financial portfolios by being flexible when it comes to investing across various asset classes. It’s never good to be obsessed with any one particular asset class like gold or mutual funds. It’s always better to be flexible and have a diversified portfolio.
Diversification is extremely crucial to build a well-balanced portfolio and sticking to one particular asset class will do more damage than good. Financial advisors always suggest constructing a wealth portfolio by taking the best of everything available. Ideally, one should avoid investing in any asset class so much so that it costs you to narrow down potential diversification.
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