Investing And Cooking Have Much in Common

11 May 2023

Back to all Infographics

Investing And Cooking Have Much in Common

Although seemingly unrelated, investing is like cooking in many ways, and require the same attention to detail, patience and persistence. Investors can make better financial decisions by adopting successful cooking tips like the ones listed here:

1 Begin with the appetite

Determining your appetite for both risk tolerance and financial objectives is as important as determining your appetite before cooking.

2 Strike a balance

Balancing with the right allocation of equity, debt, cash, gold is crucial to successful investing as it is in cooking where balancing all the ingredients and flavours is needed to have a harmonic dish.

3 Patience

Investing and cooking involve remaining patient and unflinching for long periods of time until you reach the desired goal. Rushing up with food might lead to unappealing and undercooked/overcooked dishes. Similarly, investing also require unflinching patience to achieve desired objectives and goals

4 Research well

Reading up and conducting proper research puts on the sure path to a perfect dish and investment solution. Doing otherwise could ruin both your food and investment objecitve.

5 Practice, Practice & Practice

Both investing and cooking rarely lead to success in the first shot. Investors can achieve desired results with calculated risks, learning from their own errors and examining the market trends. Being persistent and learning from mistakes is key to success in both fields.

Read more

Popular Infographics

Tag Clouds

Related Infographics

  • Disclaimer

    The contents of this article/infographic/picture/video are meant solely for information purposes and do not necessarily reflect the views of Bank of Baroda. The contents are generic in nature and for informational purposes only. It is not a substitute for specific advice in your own circumstances. Bank of Baroda and/ or its Affiliates and its subsidiaries make no representation as to the accuracy; completeness or reliability of any information contained herein or otherwise provided and hereby disclaim any liability with regard to the same. The information is subject to updation, completion, revision, verification and amendment and the same may change materially. The information is not intended for distribution or use by any person in any jurisdiction where such distribution or use would be contrary to law or regulation or would subject Bank of Baroda or its affiliates to any licensing or registration requirements. Bank of Baroda shall not be responsible for any direct/indirect loss or liability incurred by the reader for taking any financial decisions based on the contents and information mentioned. Please consult your financial advisor before making any financial decision.

Leave a Comment

Thanks for submitting your details.

How ETFs Add Value to Your Portfolio

All About The New Pension Scheme

Add this website to home screen

Are you Bank of Baroda Customer?

This is to inform you that by clicking on continue, you will be leaving our website and entering the website/Microsite operated by Insurance tie up partner. This link is provided on our Bank’s website for customer convenience and Bank of Baroda does not own or control of this website, and is not responsible for its contents. The Website/Microsite is fully owned & Maintained by Insurance tie up partner.

The use of any of the Insurance’s tie up partners website is subject to the terms of use and other terms and guidelines, if any, contained within tie up partners website.

Proceed to the website

Thank you for visiting

We use cookies (and similar tools) to enhance your experience on our website. To learn more on our cookie policy, Privacy Policy and Terms & Conditions please click here. By continuing to browse this website, you consent to our use of cookies and agree to the Privacy Policy and Terms & Conditions.