Thirukural-On Right Forethought-(Wealth Management)-Kural 463

For Kural 463 of Thirukural under the section 'Right Forethought', I would adopt Rajaji"s translation without question.

The wise conserve what is already gained,
Before entering on a doubtful enterprise.

A prince, who is wise will first consolidate what he has gained and not launch on any questionable undertaking for just a possible but doubtful future gain, and lose all that he has got in the earlier transation. (Wealth management)

This is obviously a warning against wild speculations and the gambler"s attitude of “Double or Quits" and not against the planned risk-taking in business, after considering the balance of advantage. (Wealth management)

Right Forethought

Thiruvalluvar in Kural 463 talks about the right forethought that has to be exercised especially in wealth management.

Thirukural

Thirukural is a tamil classical literary work, written by Thiruvalluvar focusing on the ethics that ought to be followed for a successful life. The English translation of Ramanandha Adigalar Foundation has made Thirukural accessible for a larger reading mass.