Sunday, February 28, 2021

Avoid this Situation today while investing

Such situation should never come in any ones life.

Mr. Shrinivasan (name changed), in a business of importing products and supplying to government, and has a big order, for which they need large funds.

Thankfully, Mr. Shrinivasan has invested, but in residential flat and plots, where there are NO BUYERS today or if buyer comes, they ask for more than 50% loss to buy price 7 years back (forget today's price).

To service the order, for need of fund, he has to take a loan of Rs. 1 cr. and for that he has to mortgage his current house.

Although he has investments, major part of his investments are in real estate.

Asset rich, Liquidity poor, is a very big challenge and probably one worst condition should eve happen to someone.

Disclaimer: This is representational example, without any direct reference of any individual person, but for  understanding the situation.

As per report, 30% of #wealthy (forget others , who have 90%+ as real estate of their total net worth), are facing liquidity risk at least once in a year, which becomes reason for taking loan, even if they when they are not comfortable doing so.

#FNquote #financialfreedom #financialplanning  #investing #pesonalfinance #assetallocation


Tuesday, February 16, 2021

Stadium noise vs Match winning is like, Stock market euphoria vs need fulfillment - Sachin Tendulkar interview

"We want Six, We want six. SACHINN, Sachinn " -Noise from stadium.

In an interview Sachin was asked, "how do you remain focused,when there are a lac+ supporters in stadium shouting for a six and making noise?"

The response is something to take away for every investor to apply.

"Stadium noise is euphoria & I take it as encouragement and motivation, but while on the pitch on the ground, I remain focused on what is match need and what I need to do to win."

This is a big take away.

With markets at such valuations & so many experts talking, there is bound to be euphoria and noise ( similar to cricket stadium noise), but what matters is family need fulfillment while making investing decision ( balancing risk and growth ).

Nothing else should matter- everything else, is just noise.

#FNquote #financialplanning  #investing #financialfreedom #personalfinance #linkedin

Friday, February 12, 2021

15 years of Client First through Financial Services

Today completed 15 years into Financial Services and we have just started. So much coming ahead and we are not yet done to work for client betterment.

Today 1% of Indian hold wealth equal to 99% of Indians, we target to bring it down to 98.9% in next 10 years.

I believe, this can be easily achieved.

I would like to thank all my mentors, people who questioned my steadfastsness to leave behind commission based services and only work on fixed fee based model, people who liked my services and give referals,mentors and members within community for helping me reach where I am currently at the same time, keeping me focused to achieve my vision.
Leaving behind ongoing comissions, stoping all income and embarking on a joureny for fixed fee client centric offering which is not understood, not accepted, not heard off, was not at all easy, but the journey is full of satisfaction that GOD has choosen me to add value in peoples life.

Actually just started ,bootstraping for next level of growth and reach.

#FNquote #financialplanning #financialfreedom #wfhsolutions #investingforbeginners #cashflowmanagement


Wednesday, February 10, 2021

Your view in government policy and confidence to imolement, defines your next investment action


How confident are you in capability of government to implement policy's rolled out?

*Why your view on this is very important for you as an investor,*- will follow once this ends

Monday, February 08, 2021

Which asset class peers prefer the most today

https://www.linkedin.com/posts/vireshpatelfinancialnorth_fnquote-investing-financialplanning-activity-6764411544362135552-e-o_

*Check which asset class is prefered by peers to increase allocation to or invest today?* 

Also input.

#assetclass #peers #financialplanning #bestfinancialplanner #financialfreedom #FNquote #wfhtips #wfhsolutions 

Friday, February 05, 2021

Direct Bond buying from RBI for Investors - Breaking News

https://www.linkedin.com/posts/vireshpatelfinancialnorth_rbi-pathbreaking-mutualfunds-activity-6763320713337200640-x3-W

*RBI Is allowing Retail investors to buy bonds directly , are you ready?*

BREAKING NEWS

NOW you can directly open A/c with #RBI and buy bonds

this is #pathbreaking for indian investors.

Untill now, individual investors are not allowed to directly buy every RBI issued government bonds ,and had to buy thru' #mutualfunds or Retirement funds used to buy, now you have option to compare with #FDs, #Retirement funds, etc.

#financialplanning