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Golden Rules Of Investment

12 GOLDEN RULES OF INVESTMENT Live by these 12 rules and let your money grow!  1) The past is irrelevant –   Do not rely on past performances and build castles in the air. Invest for tomorrow and live for today.  2) Opinions can hurt. Don’t ask too many people –   just don’t!! To each, his own. What works for someone else, may not work for you and vice-versa. Your investment plan should be as unique as the back of your hand. More importantly, it must suit you best.  3) Everyone’s journey is different. Understand yours. –   Do not invest if you’re not clear on the purpose. Do not draw parallels with other investors. Your need for investing, risk appetite, and nature of investments is of utmost importance. You need to understand what you are doing.  4) Don’t allow your ego to engage with professional advice –   Trust your financial advisor! Google can give you lots of information but your advisor will tell you what’s best for you. Listen and then act!  5) Overthinking will never allow
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ELECTROLYTIC CELL

What is an electrolytic cell?

In this type of cell a nonspontaneous reaction driven by an electric current from an external source.
The process that occurs in the electrolytic cell is called electrolysis.

What is electrolysis?

 A process in which electrical energy converted into chemical energy.

Electrolytic Cell

  • An electrolytic cell consists of a container for the reaction material.
  • Two inert electrodes are immersed in the reaction material and they are connected to a source of direct current.
  • At the anode, the electron must be removed because oxidation does not occur spontaneously in reaction material (Loss of electron)
  • At the cathode, the electron must be supplied to force the reduction (Gain of the electron)
  • The anode must be positive and the cathode must be negative in an electrolytic cell
  • Electron is effectively pulled out of the anode and pushed into the cathode

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