4 Biggest Investment Lessons from Franklin windup of 6 schemes for Investors https://www.linkedin.com/pulse/4-biggest-investment-lessons-from-franklin-templeton-mf-patel-cfp-cm/?trackingId=DHOWgJatSyuE7hF7Eklnng%3D%3D
Wednesday, December 30, 2020
Monday, December 28, 2020
Come 2021, a lot of experts and individuals will have #golasetting in mind.
I have personally done enough and learn't that only ONE goal works- resolve to keep doing things for better aligning to your #lifepurpose,
which means thanking GOD and POSITIVE people for great things done until now and recognizing and accepting things and actions which are not working and stop doing them.
So what's your goal?
How are you setting your goals?
Would like to hear and learn and know more
Some would have-
1_ #education in their mind, for self ,or spouse or child
2_ #retirement is today at top of the mind with 57% of individual professionals
3_ #travelexperiences is no longer a goal it is a need like breath
4_ #homebuying is one of the top 5 searched query
5_ #wealthcreation need
6_ #financialfreedom is the buzzword today, as more and more working professionals want to breakfree from moneyslavery
7_ #emergency preparedness, has topped the charts on search words recently ,probably with this 9+ months of experience
8_ #parental care, is a genuine need always , especially with life expectancy going up due to medical advancements and more so because of Indian culture way of upbrining
what's your's ?
#FNquote #financialplanning #wfh #linkedin #comments
Wednesday, December 23, 2020
Saturday, December 19, 2020
is about break, time spent together and experience
last about budget
Agree ? Not Agree ?
Hardik Vora (Honeymoon and couple customized travel planner)
Miten Shah (any kind, anywhere ticketing)
If budget, is your first criteria "always", BREAK-FREE.
We help family's budget travel plan year-on-year, such that budget is not the first criteria
#FNquote #financialplanning #financialfreedom #travelgoals #vacationgoals #personalfinance #financialplanner #financialadvisor #investing
Thursday, December 17, 2020
A financial research analyst did internal research report on L & T for the co. to filter & send out to it's investors.A 27 page report & the conclusion was a BUY call
The analyst decided with declaration to co. to buy L&T & it was a saturday & he decided to chk.what other experts in the industry are saying about L&T.
He watched CNBC & ET Now for 2 hrs & then went on to google & decided to not buy now & keep it under watch
Emotions,need, fear, life stage, experiences, knowledge level,etc are factors which influences decision making, even after all the logical research reports.
So much information, so many experts.
Investor still is confused.
Which direction?,What is right,NOW?What first,what next?
Simple is to internalise the system, to connect need & fears and filter the information available thru' that internal system.
You have 2 options to choose from to take this forward after reading this, and not remain confused
A- BEST OPTION- Have disciplne to allot time to get information, learn to use to your advantage
B-SECOND BEST- If that seems difficult, onboard a trustworthy financial planner to do it for you
#FNquote #financialplanning #investingforbeginners #personalfinance #financialfreedom #investing #financialplanner
Friday, December 11, 2020
Wednesday, December 09, 2020
#amfi November month data released, throws some interesting facts which come out of our analysis
It actually reveals some secrets, see if one can use it for advantage
B_ Out of total Open ended Growth/Equity oriented AUM of mutual funds, roughly 53% is in Large cap stocks (hybrid schemes not included, nor index funds included) (does this reveal fund managers feeling of risk reward ratio mindset)
C_ Out of the total Open-ended debt & equity funds AUM (2,233,179.85 Cr.) 63% is in Debt schemes & 37% in Equity funds (Does this reflect avg.ideal asset allocation of investor)
D_ Total AUM is 3,004,906.23 Cr., which includes all open-ended, closed ended, special schemes, fund of funds etc (AUM increased by 5.3%, reflecting confidence in mutual funds)
E_ AUM in open-ended schemes in Debt Mutual Funds increased by 5.6% while it increased by 6.4% in Growth/Equity Mutual funds, (#nifty grew by 11%, so does it indicate investors have booked profit & shifted funds in debt funds?)
DISCLAIMER: do your own evaluation & assessment before taking any #investing decision
Saturday, December 05, 2020
I do not choose to own credit card
I had, a credit card, 2 yrs back, for 7 years, I heard smart ways of using it and so applied for the same and got it.
Initially,I was quite self restrictive, and then friends and colleagues, informed me how they smartly manage and so I started ising it
At one point, I didn't realise the extent, but I converted credit card balance to personal loan,thinking with my salary rise, I wil be able to pay off the loan in 8 months
Then there was no coming back. It jist piled up. It really took 7 years for me to realise that although there are smart ways to use credit card,but I do not have control over usage
Hence the reason, I choose to not own any Credit Card
Good that I realised and came out of it with so much self killing thoughts, but, bad that I missed wealth creation / accumulation oportunities for 7 years
A true self described condition and experience of a Investor
#financialfreedom #FNquote #financialplanning #creditcards #personalfinance #mutualfund #financialadvisor #investingforbeginners #investing #financialplanner
Friday, December 04, 2020
Asset allocation rebalancing ??
What is recomended?
Invested 1 lac 8 months ago and today value is 1.43lac
Profit booking would mean, 43 thousand removed from total investment, where as , asset rebalancing would mean where ever the drift is away from the original set allocation, bring it back to original one
Here's the example of Asset allocation rebalancing
If Rs 1 lac invested in April,20 in say 80:20 equity to debt ratio,and if current value is say 2 lac
So 80000 should have been 1.6 lac in equity in terms of 80:20 ie 80% in equity.
Say if that is currently 1.8 lac, it is said to rebalanced ,once it is brought back to 1.6 lacs
Here profit booking is natural and the added advantage is risk is also naturally taken care off,plus, market or index calls matter least
Plus, in profit booking, what to do of that 43000 as in above example , is always a questiin, where as asset allocation rebalancing is always answer by itself on next step
#FNquote #financialplanning #financialfreedom #mutualfunds #investing #personalfinance
Wednesday, December 02, 2020
A teenage kid went to a fruit vendor and asked him to give 1 kg of BEST APPLES, 6 best oranges and 3 best kiwis, plus 1/2 kg sweet grapes
The kid took all home and gave it to mummy and mummy opened the same and got angry.
_Apples were small
_Oranges were ripe
_Kiwis were very raw (hard)
_Grapes when tasted were sweet, but all of half kg was fully ripe
Mummy asked the kid to return and the vendor denied taking back,the reason -
he said was-
_Best apples means sweet and juicy
_Best Oranges means sweet and sour
_Best Kiwis means Sweet and sour
_Best grapes means sweet
The definetion of " BEST" differed for Vendor and the buyer had a different definetion
Similarly, Investors definetion while investing in a particular asset class or financial product is very different from the product expert or advisor
KINDLY do your due deligence , in a way that the product expert has asked yoi enough questions and understood all your aspects before suggesting you any product or giving you form to sign on dotted line and ensure that " BEST" has same understanding for both
So , what is your definetion of BEST ?
#FNquote #financialplanning #investing #mutualfund #personalfinance #financialfreedom #cfo #financialadvisor #financialplanner
Tuesday, December 01, 2020
#fanmoment with George D. Kinder at Lonavala, back then , 2016
Father of Life Planning, with focus on money behaviour and decisions
Had opportunity to stay with and get trained directly from the mentor himself,here in India 4 years back
Since 4 years managing client growth with behaviorial understanding as well
With various certifications like
_Liscentiate (which empowers risk understanding and managing fully ),
_CFP CM (Financial Planning ),
_NISM IA 1 & 2(empowers planning- financial+investment) (basic for SEBI Investment Advisor registration as well)
_and many such this learning on and introducing to Life Planning is feather on the cap ,more so over, add on advantage for clients the way it is managed and understood from their money understanding point of view to help them manage better for growth and financial freedom, which I believe needs to be from today and not one day
"Money management is more to do with person management and not only of money management.Any Advisor who can manage both,must be prefered over only money manager"
#FNquote #financialplanning #personalfinance #financialfreedom #investingforbeginners
Friday, November 27, 2020
Mr. Soni had invested in HDFC TOP 100 and also had a 1 year SIP for 2 years then. One fine morning in November,’20, he received letter from HDFC mutual fund, which gave him reminder that he had done this investment . He realized that he had invested Rs.3.4 Lac in total then and today it’s value is Rs.5 Lac. He called me up and asked me what to do, but one thing repeatedly he wanted me to say is whether he has earned good returns or was there better fund which could have given better returns
Mr.Kulkarni inherited Castrol shares from his father which were purchased @Rs.10 then. He had emotional bonding and for 5 years he was not selling those shares, rather he was saying, “badh raha hai and dividend bhi de rahah hai, then why to sell”. At the same time, in those years term, he bought another 3 shares and the returns what he got was much above holding value returns of Castrol, but he never used to compare and consider selling Castrol
GONE ARE THE DAYS of holding everything bought for long term
YES< Investments should be for long term, but same fund or company or asset should be minutely tracked and rebalancing should be done
Below is the example to understand better –
( Disclaimer : this is representational and does not necessarily mean actual )
Mr. Shah, started Investing just in March,’20 and his lump sum investment value was Rs.1 Lac. When he approached his financial planner, his planner, prepared strategy to invest in 50:12:38 ration for Equity: Debt: Gold , and they Invested accordingly. Mr.Shah and his planner were very clear that this 1 lac of investment they are investing for long term ( specifically for Mr.Shah more than 12 years )
In November start, the values had increased and Rs.1 Lac invested was then Rs.1.65 Lacs.
Generally 90% of Investors and 78% of Advisors understand long term means KEEP IT AS IT IS. But his planner did something which very few do. His planner re-balanced the whole portfolio to original set asset allocation and redeemed from Gold , and Equity ratio proportionately and re-invested to reset the whole investment to originally set 50:12:38 weightaes to the asset classes.
90% of investors do this, long term, means buy and hold, but the times have changed and active management is required.
Gone are the days when Dada purchased and Grand son reaps the benefit, and in between keep holding same funds, same shares, same asset class.
It’s time to change, if not , you are inviting underperformance
So Which one do you choose-
A_ Buy, Hold and ready for underperformance
C_ Buy and keep re balancing
D_ Sit on the sidelines- ie “ better hai invest hii mat karon as I do not understand anything”
What is your current way ?
Happy Investing, Keep growing
Happy to hear from you
DISCLAIMER : In no way this should be considered the ideal asset allocation , nor does it in any way to be considered or assumed that we are claiming that we can give "XYZ " returns. This is for simple understand of not making mistake of buy and keep holding and not reviewing or not rebalancing, just because of the normal NOMENCLATURE of LONGTERM. It needs re-think , on investment strategy and the advisor you are working with
Wednesday, November 25, 2020
IS IT TIME TO BUY, SELL, HOLD or ADD?
Why are markets moving up, is it normalization is back ?
Now that #vaccine is arriving, are we out of the dooms day, and is that the reason that equity markets are going up?
Should I invest in Equity now, I feel I am missing the growth?
#liquidity is something which plays a major role and recently few global funds and investors have upgraded and increased India allocation.
For example, #MSCI Global Index has increased their allocation by 0.8%
Here is the #BIGPICTURE , in march,'20 FIIs took away about 60000 crs & in november,'20 they have again pumped in similar amount, which has resulted into markets going up ( For reference , attached daily and Monthly FIIs figure chart)
WHAT TO DO NOW?
Well, it all depends upon multiple factors and main important is
_If you are already invested, has it beaten your assumed returns substantially?
_Can you handle high volatility?
_How much are you OK for down side?
_How far or near is your next usage from this funds?
_What kind if asset class of fund you are holding?
_How is your financial plan originally made?
We have impacted asset allocation & re-balancing as on today for more than 90% of our clients
#FNquote #financialplanning #investing #personalfinance #mutualfunds #financialfreedom
Friday, November 20, 2020
Tuesday, November 17, 2020
Saturday, November 14, 2020
Tuesday, November 10, 2020
Saturday, November 07, 2020
Hello IPL lovers
You are the team Captain and
It is 13th over of the IPL at the quarter finals and batting team needs 67 runs to win and has 5 wickets left, & best batsman is still playing
The captain at this juncture has either a medium fast bowler to give the ball to bowl 13th over or their best spinner with just 2 overs left of himself
With this situtation what should be the strategy ,If you were the captain you would apply?
Would you keep best spinner for the end or would you give it to spinner now and take risk at the end with the medium fast bowler ?
Would you go for wickets now or would you concentrate on containing runs?
Investing strategies are similar
Best Investment calls are taken after having an over view of opportunities, challenges, limitations, risks and more important what kind of person you are, like the one clear overview you have as a team captain above
So captains Kirtan A Shah , Hardik Vora Piyussh A Shah Sanket Prabhu , Ashish Singodia Jesse J Saurav Agarwal Divyashikha Gupta CA. Anand Lunkar Dr.Vinita P. Kadam (P.T) Bhavin Kothari CA Shrenik Shah , Nirmish Patel , Farzana Suri Victory Coach would like to hear from you as well, your strategy
#FNquote #financialplanning #strategy #investing #personalfinance #financialfreedom #ipl2020
Thursday, November 05, 2020
Wednesday, October 28, 2020
Approach and Attitude with/towards money is more important than how much more - Classique example
My father used to tell me,
'stock market is place for all, but what and how you approach with your money is important. Never play and speculate with money'-
This has stayed with me fore ever and this attitude and approach has helped me not only make money, but probably save more from losses
#wordsofwisdom #financialplanning #FNquote #personalfinance #investing #financialfreedom
Wednesday, October 14, 2020
How to ensure right Mutual Fund buy?
Any mutual fund scheme should match few things -
A- Investors Risk Profile with the funds risk offering
B-Investors Investment psychology with fund managers investing psychology
C-Fund Objective - Investors objective with funds objective,including holding period and returns expectation and generation
Simple and Effective. If this 3 not done probably, very high chances, the investor not being happy
#FNquote #financialplanning #cfp
Tuesday, October 13, 2020
Is this going to be game changer in villages #realestate markets , and as an asset class ?
Under #SVAMITVA scheme, first ever ,ownership rights providing property cards issued yesterday.
This scheme was declared on April,'20, and 6 states have approved drone mapping.
I believe, this is going to bring customised real estate advisory at it's core and the real estate growth can be more widespread rather than limited to metros and B/C town cities
What's your view? Will #reits benefit more, due to increased demand and awareness?
Ashish Singodia Kirtan A Shah Piyussh A Shah Bhavin Kothari .Rachit Vora Magicbricks
#FNquote #financialplanning #investing #personalfinance #realestatenews #cfp #assetallocation #financialfreedom #financialadviser
Saturday, October 10, 2020
A friend of mine bought a car, with that he got right to use his car, at the same time, he bought insurance for the same as he knew, it is his added responsibility with right to use the new car
Thursday, October 08, 2020
How much return can and will I get from XYZ Mutual Fund investment, is the first and most important question for any investor.
Wednesday, October 07, 2020
When should one review Investments and what should be review strategy ?
On the verge of WORLD FINANCIAL PLANNING DAY,'20, being today , 7th October,'20, glad to respond to common investor query, yesterday on Zee Business, Mutual Fund Helpline
Really appreciate, Swati Kumari & Kirtan A Shah, for the opportunity to meet my purpose and share and empower investors, especially on this big puzzle on when and how to review investments
#FNquote #financialplanning #mutualfunnds #cfp #personalfinance #investing #cfp #financialplanner #wfpd2020
Wednesday, August 12, 2020
Friday, April 24, 2020
TO START WITH ,
I would like to avoid to explain this in technical terms.
In Common mans language, Giving money to someone for a predefined fixed term,against interest and assurity of repayment at end of the pre-defined term.
Simply, put, as example,I lend Rs.1,00,000 to Mr.Sudhir, for 18 months, in return will receive Rs.8200 per month and at end of 18 months will receive 1 Lac Back ( regular income )
another example- I give Rs.100000 to Mr.Raj for 18 months , in return will receive NO Income , but Rs.113000 at the end of 18 months
Exactly this happens in Debt mutual Fund, only thing is they collect money of all amounts ( as low as Rs.5000 ) ,collect money from multiple investors and lend to many companies, banks etc., and inturn earn interest either regularly or at maturity.
( Very Simple way , Ofcourse it is much more than this, but this could be first step to understand debt mutual funds ) ( Some other day, other article will be shared later , not today )
From Kotak Mutual Fund we would like to assure our investors, as under:
- Debt Funds can be broadly divided in two categories - Credit Risk Funds and Non Credit Risk Funds. Liquidity, Maturity profile and Credit quality for Non Credit Risk Funds which constitutes ~ 92.42 % of our debt AUM as on April 22, 2020 is substantially superior to credit risk funds. We expect these funds across entire Mutual Fund Industry to continue their normal operation without any material impact.
- Banking liquidity in excess of Rs 450,000 crore, Long Term Repo Operations ( LTRO ), expectations of further rate cuts and Operation Twist by the RBI is likely to keep bond market liquid and normally functioning in current challenging times. Credit Risk Funds can be broadly categorized between high risk- high return- relatively illiquid concentrated funds and low risk- low return- relatively liquid- diversified funds. Both Funds have differing Risk Return as well as liquidity profile. Our Credit Risk Funds which is ~ 7.58 % of our debt AUM as on April 22,2020 are managed conservatively on credit side with sufficient liquidity to manage expected redemptions and contingencies.
- We recommend you to consider portfolio quality as well as liquidity profile of our credit funds to determine weather we are capable of continuing normal operations in current challenging times. We are sure that you will be able to notice the portfolio credit quality and liquidity profile.
The six funds are Franklin India Low Duration Fund, Franklin India Dynamic Accrual Fund, Franklin India Credit Risk Fund, Franklin India Short Term Income Plan, Franklin India Ultra Short Bond Fund and Franklin India Income Opportunities Fund.
Tuesday, April 21, 2020
YOUR EXPERT TAKE ? ( share your thought and be part of the discussion)
WILL IT CONTINUE THE SAME ( as during lockdown )
Wednesday, April 08, 2020
It is So Satisfying to reach out and address genuine concerns and queries of Retail Investors
Did my first attempt thru' INSTAGRAM LIVE yesterday evening 8pm and address broadly following LIVE queries-
1- When is the #market expected to recover ?
2- Should I hold on to my current Investment or sell or Switch of hold as it is?
3- Should I start a SIP now ? Is it good time to start S.I.P.?
4- Should I invest thru' Lumsum or SIP ?
5- Should I invest in One fund or multiple? & if multiple how should I divide?
6- Should I hold or add on in Smallcap or Midcap Funds ?
7- Should I choose different dates for SIP? OR is One date fine ?
8- How long will it take the economy to recover?
9- What are the recent #Mutualfund Cut-off timing changes and why it is important for a common man to know?
The Live show with Swati Kumari was scheduled for 30 minutes, but so many queries were pouring in, and we both were so engrossed in providing resolutions, that we couldn't even know that we already have crossed 42 minutes
Appreciate Swati for conducting the and doing efforts to reach out and help investors be and remain Aware and Educated
This was my first ever #INSTALIVE and so thanks Payal Tekchandani , Sayli Potdar Dr.Chetan Zode Sanket Prabhu Kirtan A Shah to encourage and empower me to take
Monday, April 06, 2020
A Investors Investing Journey, that went wrong and left him fearful and loose trust.
Started Investing in Equity shares Since 2005-2006 ( after traditionally always investing in FDs, bonds, PPF, Insurance Policies etc ), and 2008-2010 lost the Capital by 60%.
Understood and was guided that Investing in Equity was not a retail investors forte, I switched to PMS ( Experienced one ), since 2014 and TODAY, still not covered 2005-2006 Capital, Forget Growth
I Now cannot afford to loose money- enough of "TRYING" Financial Products and Advisors- IS THE PROSPECTS STATEMENT.
Life Insurance Policies
Real Estate Investments.
BUT Nothing Grew ?
CAN YOU AFFORD LOSS OF TIME and MONEY and not ready to meet Life Needs and always Disturbed ?
#experiencedinvestor #FNquotes #timevalueofmoney #moneyvalueoftime #cfp #happytogether #feeonlyplanner #certifiedfinancialplanner #coupleplan #couplegoals #travelgoals #financialfreedom #financialindependence
#financialplanning #retirement #retirementplanning #investmentplanning #wealthcreation #wealthprotection #financialplanner #childeducation #couple #workingcouple #workfromhome #financialawareness #gocoronago #financialgoals #workingremotely #workfromanywhere