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  • Category: Miscellaneous

    Never underestimate the experience of elders

    Some ordinary graduates now in their late fifties or just retired, often run into conflict when it comes to investment at the hands of their sons or daughters, each of whom would have tasted all that is so good about metropolitan life and tend to believe that any investment in any other place is a sort of criminal waste of time and money.

    Around one hour ago, a friend of mine, now settled in South Tamil Nadu, narrated his story. He had retired some five off years ago. He offered to give five lakh rupees from his retirement benefits to invest in a plot in Tiruvannamalai, a highly sacred town some two hours from Vellore.

    His IT professional son then invested in a flat in a prestigious locality of Chennai, for eighty hundred thousand rupees. Today, when he wants to sell the flat, there are no takers for the one crore plus that he is quoting, for the simple reason that there are new flats coming up for the same amount.

    The father's investment has more than doubled and the rates are increasing every single day. The father was right, as the town was expanding. The promoter takes care of the plot, as he is a good friend.

    Yes, the elders have a lot of common sense too. Today, the tier 2 and tier 3 cities are expanding at a great speed and the results are there for all to see. Never ever underestimate anyone is the biggest lesson.
  • #779693
    Many elders have good experience gained from practical exposures in the life and its activities. There is no substitute for experience. Young people should take advantage of that by seeking guidance from the experienced elders in various matters.
    My father long back told me that I should not spend more than 50% of my earnings and keep the savings in bank or Post Office. He was very right because there was so much perturbation in the financial markets in the past 50 years but bank and Post Office deposits gave steady returns.
    He also believed in buying cheap land plots in the outskirts of the towns or cities but did not go because he had apprehensions that children will go away and there will be no one to take care of that land.
    Anyway the author has given a good example that there are many elders who have a great wisdom in their actions and younger people should take cognizance of same.

    Knowledge is power.

  • #779696
    I don't know much about Chennai. But in Hyderabad, even the apartment rates are also increasing. I purchased an apartment in the year 2000 for four hundred thousand rupees. I sold it after using it for 5 years at eight hundred thousand rupees which means double what I have invested. The buyer sold it after three years for two million rupees. Recently that person sold the same apartment for 8 million rupees. The new apartment in that area is costing about 12 million rupees.
    The rates of plots will definitely increase at a faster rate than apartments. These days land costs are skyrocketing. The property costing around 3 million rupees in 2006 is now costing about 3 crores in Hyderabad. Even in small towns and villages also the rates of Plots are going up faster.
    Anyhow elders will also have common sense is a correct statement but youngsters these days may not accept the same.

    drrao
    always confident

  • #779706
    Just because elders have experience, we cannot have a world only of elders. Moreover, these present elders were young and inexperienced people themselves.

    Life should be a proper blend of Energy and Experience-the energy and eagerness of the youth and children; and the experience and calmness or balance of the elders.

    Our body is the perfect example. It has the limbs as energetic performers, the brain as policy, planning and doctoring, the spine and backbone as stable defence strength and reflux responses. The same structure is there in a football field also.
    More than anything adaptability and flexibility and the readiness to accept changes and updating and performing what is expected -and a little more- is what is require from everyone, young and old.

  • #779710
    Experienced elders are an asset for any family. The family members can take benefit of their experience and seek their guidance in many matters.
    It is also true that every elder might not be experienced enough to guide others and we have to approach only those who are capable of guiding us.
    Due to technological advancements there are many new things coming in use and young people get them in the house and if the expect the elders to tell them about those things then it is a wrong thinking about the elders. They will not be able to guide us in modern matters. So, we should be careful that we do not approach them for things which are beyond their experience.

    Thoughts exchanged is knowledge gained.

  • #779719
    All elders are with much experienced in either way. We can learn at least one thing when we speak with them even casually. An elderly person was accompanied in Vaigai Express Train with me when I was going to Madurai last week. He was so old but seen as a villager. We casually introduced ourselves and while talking I understood that he was a retired railway employee as a line man. The matters pertaining to his experience told by him was very new to me and if a technically qualified person talk to him would learn more things than me even subjectively. Totally his costume, look differ in his talking, a good English he spoken.

    I read one story in this connection. A prince become a king in a state. On his starting he ordered to evacuate all elderly persons immediately. Every citizen made their elders to stay in the other state. But one person because of his love and affection, hide his father in the underground of his house. After certain period a great problem came to the king. Everybody in the ruling are struggled to search the solution for that problem. This citizen who hide his father casually told the problem faced by the King. The old man very easily told the solution through his experience. The citizen went to the King and explained the solution. Pleased king offered a good valuables and appreciated his talent. The citizen with humble and fear told that the solution told by his father as he hide him by overruling his order of evacuating elderly persons. The King realized his mistake and allowed everybody to bring back the elderly persons and since then he respected every elderly persons.


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