What is Success?

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This is a 7-year-old video of Emma Raducanu of the UK who recently won the US Open final in straight sets 6-4, 6-3 defeating Canadian Leylah Fernandez. She is now 18 & this video is from when she was 11 years old where she speaks about her ambitions going forward. When asked if she aims for a grand slam win, she said ‘Why not? If I can improve my game & work hard, then I certainly can.’ Her father hails from Romania & mother from China. Both parents are finance professionals. Emma started playing tennis at the age of 5. Her role models are Simona Halep & Li Na. In late June 2021, Emma made her Grand Slam debut on a wildcard to Wimbledon. The US Open final was the first all-teenage women’s singles final since 1999. She was the first British woman to win a Grand Slam singles title since Wade at Wimbledon in 1977. She also balanced academics with her tennis schedule.

What we Learn here: The key message from Emma Raducanu’s video is to set goals/ dreams & follow them with dogged perseverance & discipline. Another advantage was she started early at age 5. These principles hold true even for investing. The table shows that if one starts at age 25, they just need to invest Rs.1540 in a monthly SIP till age 60 assuming a return of 12% to target Rs.1 crore. The SIP will be lower if there is an annual step up. A delay of every 5 years would double the monthly SIP needed to reach the corpus. Follow Emma’s example in your investments to achieve financial freedom.

To watch this video click here https://youtu.be/0ZH2f3kNfiY