Tuesday, September 27, 2022

What makes me say 361 degrees of solution - CFP cm certification - financial planning

What makes you say 361 degrees of Solution provider?

Glad to share that yet another year of renewal of CFP cm certification, which does not just happen by chance, but happens by continous learning and upgradation.

Also, have shared what CFP Certification journey covers.

You will note it covers -
_ Investments - technicals and products
_Insurances and risks management
_Economics (global as well as domestic)
_Estate planning (operate,manage and transfer)
_Tax Optimization /  management (personal finance)
_Person skills and behaviour understanding and application

plus, the certification involves min.3 yrs of experience and most important continous learning for renewals.

and, I have 17+ yrs of experience in #personalfinance

Financial Planning Standards Board Ltd.  is worldwide recognizing body for cfpcm (#financialplanning) certification and continous learning.

I get lot of parents and teens asking me on what should I pursue if I am interested in personal finance and my first choice is CFP CM. (not only because I have done it, but because of majorly 2 reasons -1- It's not easy but global which covers most extensive topics in personal finance 2- there is increasing awareness and demand but very few who actually have there own practice)

I would be glad to share my expereince.

#financialplanner #financialfreedom #investingforbeginners
#wfpd2022 #investments

Thursday, September 08, 2022

The only real reason for gap in Investor return vs Investment returns and it's not to blame investors

I always feel bad when financial experts blame #investorbehaviour,  Typically  saying & showing, investor return vs investment return.

The falling market fear, not holding for longterm are reasons shown, but the only true reason is, Family need and short of resources.

Koi shak?

Tuesday, August 30, 2022

Residential Real Estate All India index growth as declared by RBI

Real estate all india Housing Price residential indice growth as today declared by RBI has come at 3.5 Q1 22-23 as against previous quarter recorded 1.8 and 2 a year ago.

Since, 2012-13, real estate residential market had started it's downward trend and consolidated for long untill the upward trend started reversing in 2021.

Where are you from and how much growth you have seen in your city?

Will the market remain in uptrend?

Where do you think the market will increase the most?

Kirtan A Shah
Ruparanjan Mohapatra
Abhishek Arjun
Abhishek Ganeriwala
Nikhil Gopalakrishnan
Christopher Manoharan
Ashish Singodia
Nirav Saraiya
Gopal Jhaveri
Rachit Vora
Ashwin Ramchandani
Kriti Belwal
Jesse J
Manoj Kumar Mahto
Bhavin Kothari
Sharad Kumar

#realestate #assetallocation #financialplanning #financialplanner #financialfreedom #housing #househunting



Monday, August 29, 2022

Reliance Industries today indicated Succession plan - Have you done your estate planning? what is your asset or wealth transfer plan?

Clear succession plan for Reliance group indicated today, by Mukesh Ambani ji.

What is your succession plan?

It is never about the size of wealth, it is about  how seriously take your hard earned money and how badly you want the wealth to be useful to whom you want it to be used.

Do you have your Succession plan thought and in place?, irrespective of the age or life stage you are.

#financialplanning #financialplanner #financialfreedom #estateplanning #successionplanning #personalfinance #relianceindustries

Friday, August 19, 2022

Recent Bombay Stock Exchange warning / alert / awareness smses to investors

Good such alert / warning / awareness messeges are sent, but shouldn't this also include non certified, non regulated finfluencers as well?

There are so many who write everything including
_ top 5 mutual funds to buy today,
_ best 3 smallcap funds to buy in 2022,   _ top 5 debt free scripts to add in your portfolio which can double in 3 years etc etc and
at the end write ,
this is not investment advice, kindly consult your financial advisor / planner.

I believe, there needs to be regulation regarding who can spread financial education (may be appoint such experts who are passing certain criteria - certification, working experience, proven specialisation on content and its originality etc- first quick thoughts)

What say?

Monika Halan ji
Anagh Pal
Ruparanjan Mohapatra
Ashish Singodia
Kirtan A Shah

#financialliteracy #financialfreedom #financialplanning #financialplanner  #mutualfund  #wealthcreation


Wednesday, August 17, 2022

What should be my Investing strategy now? 17th August, 2022. - revealed suitable

17th June, 22 #sensex made low of 50,921 and today's top is 60,257, clean about 9000 points one side rally in just 2 months. (today 17th August, 22)

May, 22 #rbi increased repo rates and today it seems we are pretty much near the top of repo rate hike (most likely, unless circumstances and data say otherwise).

Strategy application ?-

Equity Market levels seems to be at fair or just above fair levels, and

1- staggering investments,
2- wait for opportunity or
3- taking some startegic exposure to debt

would be a good strategy if you are looking to invest for 3 and more years horizon.

Always have a suitable #assetallocation in place and 'don't just follow my words', as this is general and your situation could be different.

#mutualfund #investingforbeginners #financialfreedom #wealthcreation  #financialplanning #financialplanner #nifty #personalfinance

image screenshot - moneycontrol.com

Thursday, July 28, 2022

Feeling of a Professional salaried employee - tax payer, while paying tax

This is peak point in time when salaried feel the pain and

that 'we are taxed the most, because we are honest + salaried'. - Happy #taxfiling

#financialplanning #financialfreedom #professionals #financialplanner

Abhishek Kulkarni
CA Chintan Dedhia
CA Yogesh Awasthi 🇮🇳
Ruparanjan Mohapatra
CA. Anand Lunkar
Kirtan A Shah

Image Credit - indiabrefing 

Sunday, July 24, 2022

Happy Parents Day, 24th July,2022- gratitude

Happy Parents day. Today i.e. 24th July, being fourth Sunday in July, is celebrated  as #parentsday.

It is celebrated not only for mothers and fathers but also for guardians, elder sinlings, etc etc. all who played role as a parent in your life.

#happyparentsday #celebratelife #gratitude #financialfreedom #financialplanning #parentalleave

Image credit - pinterest.


Saturday, July 23, 2022

World brain Day - wellbeing

Most used and most ignored part of our body - BRAIN.

There is lack of health awareness, and when asked, heatlh upkeep for most is physical excercise, workout, walking, running, jogging, dancing , etc.

What about mental health and wellbeing? Brain is one organ which is working 24*7 (all day and and night) for 97%+ individuals (yes even while sleeping - and that is one of the big reason why most do not feel fresh even after sleeping for 8 hrs).

Mental excercise like puzzles, games, etc and yoga, meditation, breathing excercise, clean and fresh oxygen helps keep up mental health as well.

22nd July is the day to spread awareness on mental wellbeing and brain care.

#worldbrainday #healthcare #financialfreedom #financialplanning #wellbeing

Tuesday, July 19, 2022

Attending India's First and Largest Cinference on Financial Advisor Solutions & Technologies

Attending F.A.S.T. , India's first and largest conference on Financial Advisor Solutions & Technologies and starting the morning session with Kaustubh Belapurkar on Morningstar .

Appreciate networkfp team for conceptualising and putting this together.

Sadique Neelgund 🇮🇳

#financialplanning #financialplanner #nfpfast2022 #financialfreedom #investing

Hire a CA today, if you have this appicable (even if you are salaried)

If you haven't yet looked at filing income tax returns, hurry up, and would suggest to look for a good, known, trustable CA for guidance, especially if you have

_more then 1 income heads,
_ detailes other then declared (income,deductions,expenses etc)
_capital gains (property, equity,mutual funds etc)
_large amount or multiple small amount transactions
_any real estate switch and/or buy
_availed new home loan and first year need for deductions, and the home is under construction(possession not received)
_HRA and Homeloan both deductions to be applied
_Multiple internal bank transfers (same name or within family and friends),especially if large
_first time started investing in Mutual funds and shares (even if no sell done)
_you have moved out of country or come back to India for settling here
_side income / hustle (freelancing income)
_given loan and interest recived
_education loan availed, esecially for first time
_dependent ailing parents
_correction in form 16
_your AIS / TIS showing unusual transaction
_your 26AS shows wrong TDS
_switched the job inbetween
_left job and started on your own and also redeemed EPF money

Better work with professional and pay fees, rather than , doing it yourself, doing it wrong and upon query not knowing what to do and get stuck for refund or pay more tax than liable.

Anything I missed ? (kindly add in mutual interest)

CA. Anand Lunkar
CA Chintan Dedhia
CA Shrenik Shah
CA Sweety Chaudhary
Sunil Sharma
Sumit Doshi
Madhur Gundecha
CA Yogesh Awasthi 🇮🇳
Amit Narang CFA (ICFAI)
Mitesh Parekh

#ca #charteredaccountant #taxfiling #financialfreedom #salaried #financialplanning #comment #mutualfunds

Wednesday, June 29, 2022

How would you respond to this Financial Influencers statement? Fun in Fundamentals

'Yeh aasman kab saaf hoga, kaley ghaney badal kab jayengey?' - A financial Influencer wrote in his group.

Group member 1- 'Rainy seson is on Sir' 🤪

Group member 2- ' jab hava kaa rukh badlega'

How would you respond?
How do you find above resonses?

#influencer #financialplanning #financialfreedom #financialplanner #marketwatch #mutualfund 

Home buying Dilemma - Real life decision making

Dilema ,
Yesterday a friend called me and had home buying decision making query-

Viresh, I have 2 thoughts, (after many filtered down)

A- buying a home which is near to station and is available at say 'X'

B- buying a home which is about 2 kms. away from station and is available at 'X minus 13%'.

Viresh we discussed a lot at home between 5 of us, and the challenge was travelling for everyone.

So I came up with a resolution and suggested we buy a economy car and a scooter, which is still going to help us lower the overall spend on the decision.

I want to know, Viresh , what are your thoughts?

What would be your advise?
Do you agree to this resolution?

#comment and I will share what in DM what I shared my views with him.

Priya Krishnamoorthy
Kirtan A Shah
Ashish Singodia
Abhishek Ganeriwala
Abhishek Kulkarni
Prajakta Sarfare
Vinay Pagare
CA. Anand Lunkar
Milind Shah
Milin Shah, CISSP
Amit Narang CFA (ICFAI)

#homebuying #financialplanning #financialfreedom #financialplanner

Saturday, June 25, 2022

Yaha aapki Dhanrashi ghatati huii dikh rahi hai - Latest KBC advertisement - Amitabh Bachhan

Although this is #kbc advertisement, but excellently applies to financial management and investing.

2 statement worth noting-

_ 'yaha toh aapki dhanrashi ghatati huii dikh rahi hai'


_ 'gyaan batney sey pehle tatol lijiye'

Video credit - sonyliv

#financialplanning #financialplanner #financialfreedom #investingforbeginners #wfh #jobalerts #hr #couplegoals #investing #disclaimer #wealthmanagement

You saw this ? your view ?

Ashish Singodia
CA Chintan Dedhia
Ruparanjan Mohapatra
Akash Patra
Kirtan A Shah
Ganesh B Nayak
Priya Krishnamoorthy

Click on below link for watching the Kaun Banega Karodpati Advertisement - 

KBC Advertisement of knowledge awareness 25-6-22


Friday, June 24, 2022

Be aware before blindly following influencers

Guys, #beware of blindly following any influencer and acting upon the same.

Dividends are not a guaranteed income.

At one point of time hdfc prudence, a balanced category mutual fund with aggressive approach, used to be sold as income plans. Lot of senior citizens fell prey to it and suddenly reliazed the dividend has stopped and there capital invested is also lost.

Do your own due deligence before following influencers.Lot's of influencers have named their IG , Twitter and YT accounts with money or finance in it's names. Just beaware.

Before understanding what they are saying, most important is who is saying and what is background (certification and experience). please understand this first.

#financialplanning #influencer #financialplanner #mutualfund

mentioning for better reach in creating this awareness - Also, if you have come accross some other , do share.

Madhvendra .
Abhishek Ganeriwala
Vipul Prasad
Ashish Singodia
Jesse J
Puja Bakshi
Anamika Chakravarty
Deepika Saraf
Bina Chheda
Divyashikha Gupta
Dr. Jigna Samir Tanna
Priyanka Acharya 
CA. Anand Lunkar
Abhishek Kulkarni
Anagh Pal
CA Yogesh Awasthi 🇮🇳
Akash Patra
CA Arman Nahar

(HDFC Prudence, the fund mentioned here - name was prior to mutual fund categorization by SEBI / AMFI).

LinkedIn for Creators


Difficulty managing investments ? - We offer a solution

28 Funds
32 Scrips (3 demat accounts)
9   ULIPs
7.  Insurance policies
2.  Ongoing Mediclaim Policy
1.  Lapsed Mediclaim policy
5.  PPF accounts
1.  Current EPF
1.  Request for withdrawal given
2.  Car loans
1.  home loan
1.  Top up loan
1.  Zero interest 8 month credit card loan
3.  Credit and 1 debit card

we are 4 family members.

Viresh in last 9 years this is what I have and I am having a feeling of lost in the dark since last several months as I do not know where to start from and how to organize this to lead in the right manner.

Do you have a close friend, colleague or relative who is experiencing this?

We have a solution.

#financialmanagement #financialfreedom #investmentmanagement
#financialplanning #investing #personalfinance #financialplanner

image credit - 

Thursday, June 23, 2022

Government and Citizens disconnect disturbs everyone and a connect is of utmost importance

Government and Citizens partnership is of utmost importance.

Classic example of high chances that government policy may not work-

On one side US government President joe Biden says we are waiving off the duties on petrol and diesel, to least affect consumers and working to bring down inflation and on the other side there is a Report that says record number of travellers are expected to do road travel on July 4 in US.

Isn't there a disconnect?

Do you feel there is similar disconnect in India ?

Do you think this disconnect should be alert for everyone?

How can and who can bridge this?

Kirtan A Shah
Priya Krishnamoorthy
Priyanka- The Copywriter ✍
Priyanka Acharya
Divyashikha Gupta
Ashish Singodia
Abhishek Ganeriwala
Abhishek Kulkarni
CA. Anand Lunkar
Puja Bakshi
Anamika Chakravarty
Prajakta Sarfare
Anagh Pal
Ruparanjan Mohapatra
Nayan Bheda
Charles Victor
CA Shrenik Shah
Chintan Shah
Rajan Parekh

#financialplanning #financialfreedom #investing #personalfinance #inflation

Wednesday, June 01, 2022

Partial approach hurts more - comprehensive approach to everything

' I have started Ayurvedic treatment to resolve longterm gas, acidity and constipation problem since last 3 months, and it is helping.' said my cousin sister.

Add a good diet plan, to make it more effective, as what to eat, when to eat, how much to eat and what not to eat is very important and give a wholesome plan to resolving the problem.

Even right water is important.

Agree ?

Bina Chheda
Dr.Deepika Jain
Rajshree Vachhrajani

Comparing this with investing approach, 1 cr term insurance, co.provided mediclaim, some #mutualfund SIP /s , EPF contribution by itself does not ensure prepared or #financialfreedom l.

A good 360 degree approach is needed, be it food, money management, life plan, excrcise , career plan.

Agree ?

Kirtan A Shah
Ashish Singodia
Anagh Pal
Abhishek Kulkarni
Abhishek Ganeriwala
Vipul Prasad

#financialplanner #financialplanning #healthcare

Friday, May 27, 2022

Returns vs Returns - what matters?

Here are 2 similar situations

CASE A- you invested Rs.10 lacs and after choosing best investment products got 63% returns in 2 and half years.When you received that in bank, you still fell short of need for which it was withdrawn.

CASE B- you invested Rs.10 lacs and after 2 and half years, withdrawn and done down payt.for that dream house as was required.

Returns from investment in % terms is different from money returned in your bank and fullfilling a need for which it was invested and withdrawn.

Such is the difference between 2 ' RETURNS'.

Which returns have you invested for? - Case A or Case B?

Do you already know before investing -

1- what are you investing for?
2- when you will withdraw?
3- what is return required in true sense to satisfy the need that you are investing for?

What say? Share your views

Kirtan A Shah
Ashish Singodia
Puja Bakshi
Prajakta Sarfare
Piyussh A Shah
Vibhav Kulkarni
Abhijeet Jetly
Anamika Chakravarty
Payal Tekchandani
CA. Anand Lunkar
Anagh Pal
Vipul Prasad
Abhishek Ganeriwala

#investing #financialfreedom #investingforbeginners #financialplanner #financialplanning

Monday, May 23, 2022

How should a investor choose from TOP RANKED mutual funds? A Query

One of my Clients team mate sent this to my client to ask me on how a common man should read this and take decision.

'Kindly ask your financial planner, how should I decide to buy best mutual funds, as I have bought after looking at 19th May,22 top list some funds and today when I checked the top funds have changed'.

It takes so much time to explain this and the basis behind this rankings or 'Top List', and so I sent short message, saying as follows-

'let your dear friend know that this is good for reference and as re-check, but your life milestones & situation alongwith risk profile is different from the other, hence it is important filter and find suitable funds which passes this criteria,which is specific to you, like DNA of humans, which are unique. This is also part of disclaimer with this popular site.'

Could I have explained better ?
as short and quick, as that was need of my client to respond very fast?

Kirtan A Shah
Ashish Singodia
Priya Krishnamoorthy
Harminder Garg, CFP

#financialplanning #investingforbeginners

Wednesday, May 11, 2022

70% down from TOP - never a reason to buy

70% down from it's high, is never the reason to buy a stock.

You will now see ' XYZ % down from it's high' a lot and I would say do not buy, just because it is down from it's top.

There may not be any reason for it to reach to the 'TOP' it went and there would be a reason for it to fall down by so much %.

Such stocks may fall into high beta & momentum stocks, where market news is driving it up or down, more then it should be.

Ensure, stories may help sell for short term, actual basis , value, and suitability should be the ONLY REASON to buy or even sell.

Do share your experience on this.
Agree / Disagree - #comment

#keepitsimple #financialfreedom #mutualfund #financialplanning  

Monday, May 09, 2022

Sharing some personal secret

Sharing my secret. My wife always asks me to bring fruits, and she is not comfortable bringing home fruits herself.

She even says, 'you choose good fruits and most of the times they are best'.

So here's the secret.

I have been buying fruits from one vendor only, since more then 25 yrs now, and rather a generation has changed in the fruit vendor.

The fruit vendor knows exactly what I am looking for and infact he even knows, I will never even ask price and rather look for best what I ask for.

In turn, my wife, always asks price first, keeps on hopping vendors and in the price discovery and hopping vendors, the vendors also know that my wife will only buy from them, if it is low price.

In case of fruits buying, since my wife has less experience, made some mistakes in the past and not confident, there is no consistency and where as I always look for value buy, and price is most likely secondary for me.

My vendor knows this and respects this, and inturn also at times tells, 'aaj aapko deney layak nahi hai', even when the stall is full of what I ask.

Give time to your servcie provider to identify your needs and seek value rather then price first approach.

Secondly, it turns out to be more harmful in only comparing price, or buying cheap, rather take time to evaluate your service or product provider, and once you get confidence remain loyal for value for money.

In investing, more money is lost in hopping and changing advisor, in the race to f finding 'best advisor', then choosing a average advisor and staying long with the same.

Give time in choosing your service provider, look for value first and ince you identify the value, compare with peers for price vs value alongwith other aspects and choose one PLUS once you have choosen give time.

Read again.

Agree ? contracdictory views welcome.

Kirtan A Shah
Ashish Singodia
CA. Anand Lunkar
Megha Mathur
Deepika Saraf
Divyashikha Gupta
Bina Chheda
Ruparanjan Mohapatra
CA Yogesh Awasthi 🇮🇳
Madhur Gundecha
CA Chintan Dedhia
Hardik Vora
Dr. Hardik Parikh, MBBS, MS [Ophthal], FAICO [LASIK]

#keepitsimple #financialplanning #financialplanner #financialfreedom #mutualfund

Sunday, May 08, 2022

Ways to cover medical expenses - How have you covered yourself and family?

There are multiple ways to cover for medical expenses. How have you covered yourself and family?

Share your thoughts.
I am sure there would also be some #comment saying I do not believe in #mediclaim insurance policy


Someone also saying not yet covered or looking for cover.

#riskmanagement #financialplanning #financialfreedom

Tejas Shah
Priy-Anka Acharya
Kirtan A Shah
Tajinder Singh Nagpal ,CFP
Bajaj Allianz General Insurance


Saturday, May 07, 2022

World Password day - reminder for keeping personal digital data safe

Happy World Password day. Every first thursday in May, is world password day and is a good reminder on digital assets and information safety.

In this digital and online virtual world, your password is key to insides of your own world, one which is 'you', personal and private.

_Keep password long (8 or more characters)
_Keep password not common (name,birthday etc)
_Keep password multi character (alphanumeric with special character and 1 caps letter)
_Keep it multi linguistic,if available
_if it is important and confidential, DO NOT save password
_Use different passwords for different accounts, do not repeat the same passwords
_Change your passwords regularly
_2 factor authentification is amazing introduction and always use it

I am not a digital expert, but data concious and believer and promoter of data privacy, and above are some of my learnings.

Kindly share your experiences and tips on the same.

#digital #dataprivacy #financialfreedom #financialplanning #fintech

Thursday, May 05, 2022

How to create all weather portfolio?

There are 2 pics posted.

Pic 1 shows a strong tree standing tall,branches spreading accross.

Pic 2 shows the real strength of strong looking tree.

Without strong roots, deep rooted under the ground, however tall and strong the tree may have grown, it's sustanability is always under threat.

Similarly, any large portfolio, however good returns it may be showing, it remains sustainable only when -

_approach towards money is well thought off and personalised
_there is a process followed
_a customised strategy is laid down

Only then your portfolio gives you peace and strength as investor to weather any market shocks and storms.

Keep it simple.
Seasons will come and go, tree needs to keep growing and give fruits.

#financialplanning #financialfreedom #mutualfunds #financialplanner #investingforbeginners

How to create all weather portfolio?

There are 2 pics posted.

Pic 1 shows a strong tree standing tall,branches spreading accross.

Pic 2 shows the real strength of strong looking tree.

Without strong roots, deep rooted under the ground, however tall and strong the tree may have grown, it's sustanability is always under threat.

Similarly, any large portfolio, however good returns it may be showing, it remains sustainable only when -

_approach towards money is well thought off and personalised
_there is a process followed
_a customised strategy is laid down

Only then your portfolio gives you peace and strength as investor to weather any market shocks and storms.

Keep it simple.
Seasons will come and go, tree needs to keep growing and give fruits.

#financialplanning #financialfreedom #mutualfunds #financialplanner #investingforbeginners

Wednesday, May 04, 2022

RBI shocks Markets - announces repo rate hike by 40 bps and CRR by 50 bps

And the expectation has come true... market shocked about untimed surprise, but this was coming and expected.

This is going to and genuinly needs re-look at your investments.

Would lead to 

_equity down
_bonds rate down (debt funds NAV down)
_should also impact real estate in medium to longterm.
_gold could be some saviour
_FDs and bonds could be back as investment products (for large part of DIY and unadvised clients especially)

What are your thoughts?
Agree ?

#comment #rbipolicy #financialplanning #financialplanner #financialfreedom #inflation

Know Less spoken Real LIC, before LIC IPO

Don't miss this-This is real LIC- Lot of advisors and investors are missing this about #licipo, while evaluating the company.

Majority of us know LIC as a insurance comapny, do keep in mind, LIC is a Financial company which includes following subsidiaries and Insurance business -

_LIC housing finance @lichousingfinance
_LIC Mutual Fund @licmutualfunds
_LIC Cards services @liccards
_LIC International LLP (foreign entity)
_IDBI bank (majorly LIC-51% stake), remember LIC bailed IDBI out, in very difficult times with government pressure
_LIC of India (insurance company which most of recorgnize LIC company as)
_LIC Pension funds

Lot of investors and advisors miss the wholesome perspective, and If anyone here is, this information would add value before deciding for IPO and beyond.

IDBI bank stake reduction is waiting since long.

ALSO, LIC is a multi asset index investment for me.

LIC has investments in 3 varied asset classes-
A- Equity
B- Debt
C- Real estate

A lot of value unlocking is also in the waiting from real estate assets.

#keepitsimple #financialplanning #financialplanner #financialfreedom

My Perspective. - part 2

Does this help?

Monday, April 25, 2022

If only I knew this, I would have taken the job offered then

'If only I knew this is going to come, I would have accepted the job that was offered then' - said a dear friend of mine, when we met last week.

In November,2019 he decided to start enterprenuership journey after education completion.

Started approaching aggressively looking for referals and orders in schools.

Got his first order in Mid January, 2020, took loan of 35 lac to execute, was ready with the material to be supplied by March 20 which he was to supply on March,25 2020 and #pandemic set in.

This friend, now has loan of 35 lacs, material ready worth 40 lacs ,EMI to service and in july, 2020 took a job, to be able to service the loan.

And, last week when we met he said, 'If only I knew this is going to come, I would have accepted the job that was offered then'.

Yes, I understand no one knows when there is going to be medical emergency, big health issue, accident, job loss, income break, unplanned expense, loss in investments, earthquake, loss of dear ones, .... and so on, but 1 thing is always known.... 'change'.

Life is ever changing, at time in next second or next day, thousands of things are not known, but atleast there are some things that are known and will never ever go any where.

You know, there could be emergency.

Once you marry, you know you have joint responsibilities of each other.
etc etc....

Prepare for what is known, and life could be much simpler and happier to live.

Agree ?
Share your thoughts?
let this messege reach your dear ones.

#keepitsimple #financialplanning #financialplanner #financialfreedom #insurance

Monday, April 11, 2022

Investing made simple?

What do you do when your cost increases and your growth % reduces ?

That is exactly what RBI indicated last week in their statements for India.

Inflation expectation (rise in living cost) is moved up to 5.7% for FY 22-23, from 5.5% last indicated and GDP growth expected is moved down to 7.2% for current financial year from 7.8% forecasted earlier.

This means Growth pace is expected to reduce directly or indirectly because of input cost increase, which means profitability over all reduces.

At a general level, is this indication on what to do with equity investments?

More so over, interest cost is also expected to increase, so cash / liquidity available will have higher value.

Isn't investing simple?

#keepitsimple #investorawareness #financialfreedom #investingforbeginners #financialplanning

Wednesday, March 30, 2022

How policy holders and investors are fooled in the name of 'guaranteed' by insurance companies, bank RMs and agents - Beware.

'Guaranteed Income plan',
'Guaranteed return plan',
'Guaranteed Insurance Plan'

Psychologically any word or words used after word 'guaranteed', is read with 'trust' and 'assurance' / 'suriety'. (it literally blindfolds the mind to read and evaluate further).

Yes Income may be guaranteed. - pay for 6 yrs . and get XYZ income guranteed from 8th to 20th year, plus a lumsum in 20th year.

Yes Return may be guaranteed - pay 1lac pa. for 15 years and get guaranteed return of Rs 2 lac pa. from 20yr.onwards for life.  (some schemes gurantee return of premiumafter some period)

Yes Insurance us Guaranteed - Isn't insurance company liable to pay on claim? yes, insurance is guaranteed.

But, investors get tricked with such words.

NOTE - #investorawareness

1_ The difference between income (amount) and returns (%) (any sujectivity involved)
2_ always check the taxability of regular return or income (tax free or tax applicable? or subjective)
3_ The Guarantee is mostly about getting 'cashflows' reguarly for specified peried of time
4_ Always check % returns when the amount is guaranteed as cashflows
5_ Be aware enough to remain concious from cashflow usage when you are actually receiving it - is it going to suffice the need (beating inflation) (if your monthly expense is 70000 pm currently and if you would receive 2 lac pa after 20 yrs., mind you it is not even going to last for 10 after 20 yrs.)

Simple is keep insurance and investments separate, unless you are fully aware what you are doing or have some neutral financial expert to guide you to buy it.

I always tell this -

_'be extra cautious' and ask more questions,
_never decide immediately or at last moment, and
_always ask for written brochures and illustrations and once received first look at disclaimers and assumptions (from find tab)
_and last but not least consult a neutral financial expert to evaluate what is on offer,
_PLUS always check suitability of tax applicability or advantage that is been offered. (yes, I have seen agents and bank RMs saying tax saving,but for so many clients they had already crossed their 80c limits)

#keepitsimple #insurance #financialplanning #financialfreedom #financialplanner

Friday, March 25, 2022

What does this Real Estate news mean for you ? Test of Times-360 degree analysis.

Insiders tell me that due to sharp increase in raw material prices, real estate developers and builders are on the verge of slowing down or even stop work for 3 to 6 months, especially this information is in Maharashtra.

What does this mean, if it happens on ground?

A- For investors who have 2nd property and given on rent - be joyous - your rental income could grow faster and for 1 to 2 additional years with consistency.

B- For investors living on rent - Work more and hard - rental outflow will put more pressure on your cash outflow and personal family inflation.

C- For investors who have booked under construction property - you may miss your capital gain , tax advantage window which could result in higher cash outflow and so higher home buy cost then originally calculated. Secondly, we if you have opted for loan, and if builder is of loose and less financially strong, you uave some tough time to tackle their demand notices, which may reach to legale notices.
CA. Anand Lunkar
D- If you are looking to sell your Old property - joy - depending upon demand, very high chances that your old property may get sold faster and at higher rates then assumed.

E- If you are a developer / builder - testing times - ensure you are funded well and keep up with promises - after all tough times, separates trust worthy real estate developers . Plus keep suppliers and buyers well engaged with transparent communication and ears to what their heart is saying. New sales could take a hit, you may have to extend time lines with RERA, and disbursements on laons could become challenge (for your business as well as from home buyers who have booked in your project).If you are well funded, focus on delivery of project in hand, rather then launching new.
Sharad Kumar 
F- If you are a real estate advisor / agent - mixed time - your processes and skills of understanding of clients needs will be tested.
Ashwin Ramchandani  
G- If you are loan provider or advisor - tough times, learn new skill- Regular and non-technical engagement with clients and understand real estate while you are already expert in financial technicalities.
What say ?
Ashish Singodia   
H- If you are financial planner, advisor, wealth manager, portfolio manager - be prepared for un planned withdrawal requests.
Kirtan A Shah    
I- If you are investor in any real estate stock - revisit the books and deep dive the fundamentals of the company.

J- If you are thinking to enter real estate stock- keep your analysis ready and ears near to ground to enter in right stock.
Madhvendra .
This will directly lead to cost push for each of the groups.

NOTE - interest rates are also expected to rise this year.

#realestate #homebuyers #financialplanning #financialplanner

Your views would mean a lot for the industry and consumers - #comment
Bhavin Kothari      
Nirav Saraiya


Thursday, March 24, 2022

What kind of Tax saver Investor you are ?

There are 'tax over concious investors', who see everything from tax angle first, and take decisions based in the same. (example - a friend was talking that he bought a insurance policy last year to save in taxes 7 yrs back,but then realised it was a mistake)

There are investors who are 'least concious of tax', who decide or not do anything from tax angle. (a business person I know, is so busy in deal making that he has paid zero advance tax and zero tax saving for current year and today is 24th March)

Which side you are ?

Let me clarify, this conciousness is not about knowledge but about 'action'.

#comment #tax #financialplanning #financialplanner #investingforbeginners

My Financial planning clients 7 years experience shared by him

Clients CA representative - Sir we see that there is tax liability in 2 family memebers file, but we can help you save tax.
We can offer you good insurance product, or help you open Retirement pension account which will help you during retirement, and also save on tax.

My Client's response - Mail the options with details and brochures and then talk to my Financial planner VIRESH PATEL CFP CM 👪 . Once he understands and approves we can go ahead.

My Client to me - After meeting you I have understood the importance of working with specialised experts for every aspect of money management, and that every aspect should go under your eyes.

You are my one point contact for everything of my personal financial life.

I have understood that a professional is called a professional, not because of the certification,but because of the specialisation they offer doing and applying what they have learned , repeatedly by practicing the same, day in, day out.

Myself to my 7 year client - This is my fees, you earn a discount on your next year renewal Sir.

#financialplanning #financialplanner #financialfreedom #professionals #moneymanagement

Thursday, March 17, 2022

What type of Investor you are ? This defines your returns.

Kind of Investor ? - First be clear - you are a trader or investor, and it is not even crime to define yourself and both, but be clear on this. If both, the set the limits for each and remain on track within set limits.

Jumping between this always ends up being dangerous, more risk and mostly in losses.

#keepitsimple #investingforbeginners #investorawareness #financialfreedom #financialplanning

image credit - youtube.com 


Saturday, March 12, 2022

Most important skill of financial planner

Biggest Skill of a good financial planner / advisor is ' skill to understand and make clients understand ', and technical skills are given.

Compare this with _ a good cardiologist needs to calm the patient and give confidence to sleep on the operation table, and certifications of MBBS, Cardiology MS,  etc is given.

This generally is either inborn skill or acquired skill over period of time.

Hope this is clear for all aspiring #financialplanners.

Without people skills, technical skills become just unsharpen tools.

If you are interested to join with this background understanding, DM and we can workout for your #financialplanning growth together.

#keepitsimple #financialfreedom #investingforbeginners  

Thursday, March 10, 2022

Should I buy these at Dip ? - ' dip investing strategy '

'Should I buy at dip ?', - one of my friends sent me this 'dip investing' picture and sent some scripts alongwith the same.

'Buy when everyone is fearful and when there is fall from highs' , is right, but please understand we do not buy price, we buy valuable businesses.

Not all company's (scripts) has value to buy even after 90% 'dip'. For example, ' UNITECH ' was at 444+ in 2007 and fell to below 10 in 2008-09, never rose. (currently @2.50)

Not everything that dips is to be bought.Not everything is worth investing even in good times.Proper research is always needed before buy, with right understanding and after detailed suitability test.

For every successful example, there are lot of failure stories, which are to be learnt and understood to be successful. It is good to know about infosys and cici success stories, but would be better to know such unitech stories as well.

#investing #investingforbeginners #personalfinance #financialplanning #financialplanner

Wednesday, March 09, 2022

Is your investing strategy time tested ?

If you as equity trader / investor do not have tried and time tested strategies, your confidence is bound to shake and subjected to question mark.

Forget an investor, even advisors need to have time tested strategies alongwith personal skills to help their clients tide over and come out as clear winner.

This is simple reason why experienced advisors have higher demand.

(not only in personal finance, but even business finance, even medicine, dietician, physical training, yoga,  business coach etc)

#keepitsimple #investingforbeginners #financialplanning #financialplanner #financialfreedom

Credit - the screeshot in picture is taken from today's moneycontrol article.

Saturday, March 05, 2022

CAUTION - How does 20% - 30% down from it's top calls for a 'BUY' ?

You must have surely come accross one if the 'reels' or videos or social media post of stocks available at 20% to 30% correction or fall from it's high or peak or top.

Value is derived from either -

- current price as compared to it's current cash flow and current profits


-current price as compared to futrue cash flow and profit outlook for the future


-combination of both

So for me, if any stock is a 'buy' which passes one or both of these criteria's.

Everything else is immaterial.

Be it 'Zomato', or 'Tata Steel' or 'TCS', 'HUL' , 'ONGC', 'Reliance' or 'L&T' - this is simple criteria.

(ofcourse there are multiple ratios and formulas to arrive at the above criterias and then ones consent on own reports and readings)

30% or 50 % fall from the top may just send an alert under 'have a look' or 'keep a watch' only if it falls under abovesaid criteria.

So do not get enticed by headlines of 20%-40% down from top or peak.

#keepitsimple #investingforbeginners #financialplanning #financialplanner #wealthmanagement  

Thursday, March 03, 2022

Now buy top US listed stocks from India - NSC IFSC starts US stocks today

Why buy from US when you can now buy US stocks from India? Starting today, you can now buy US top 50 (limited to 8 today) stocks from NSE through it's International Exchange (IFSC), by opening you trading account via one of the registered brokers.

(the lsit and trading terminal screenshot in the picture)

Here is list of stocks which will be available to trade and it's ratios (yes, unsponsored depository receipts will be issued) -

(click to check the list and it's ratios)
List of Top US stocks available to trade in NSE IFSC international exchange

To know the list of registered brokers, click here -

List of Registered Brokers on NSE IFSC for US stocks in India

If you are interested in knowing more, comment your queries and I will write a separate detailed one on the same covering your queries.

#usstocks #nse #financialplanning #financialplanner #comment

Wednesday, March 02, 2022

'I am prepared' - Can I say this today if Ukraine-Russia like situation happens in India someday?

How can I sustain, if this happens in India someday? Those who learn and act to change from situations and mistakes always find them in better situations, even in worst and unthoughtful conditions and in good time as well.

Lot of us have received links, pictures ,memes, whats app messages, articles etc like this (attached in pics).

Yes, proud to be indian and yes it calls for concious application to use and/or shift towards #upi and #rupay usage.

The question here is about how to be self - reliant (#atmanirbhar) on keeping liquid money which is usable in every condition and this Ukraine-Russia war has triggered this question.

I believe and hence put this point forward that this calls for a overall look at once investments and asset allocation  and ask oneself - 'can I or how can I sustain ,if this happens in India someday?'

The question is not only about banking and currency and the way to use it, but how liquid and well diversified is my investment?

Majority of Indians investments are into Fixed deposits, Banks, Insurance policy's , government savings instruments, corporate bonds and real estate. (more then 90%). (some other article on how liquid they are)

What is liquidable immediately, although in such situations it may bring some loss, but is it liquidable?

This is not only question about how to use cash or how to apply banking facilities, but more to do with liquidity.

Above all the majority investments, please be aware and ensure that real estate investments are most illiquidable and more then 70% of tax payers have #realestate as major holding in their #networth.

It's not that one should not invest in real estate, just that it is time to conciously question -'Will I be able to sustain, if this happens in India someday?'.

Lot of people may think I am talking something which is not even 1% posibility, some may say I am talking too negative, but think about family.

Liquidity is important aspect while choosing #investing.

After all when the time is good, you should least get disturbed with such question and remain positive and focused and just respond yourself - 'I am prepared'.

What have you done to say yourself 'I am prepared'? 

#financialplanning #financialplanner #financialfreedom #couplesgoals

Thursday, February 24, 2022

Link your PAN to your LIC policy here

Link your PAN with your LIC policy. #licipo

Link your PAN to LIC policy here

Disclaimer - Do not consider this as recomendation or advise to subscribe for the IPO

#lic #financialplanning #financialplanner #financialfreedom #investingforbeginners

Is this market fall short term like one in March,2020? Should I take entry that I have been waiting for ?

" Viresh, I do not want to miss the chance like I missed in March,2020 " - said one of my friend upon a tele talk today.

Entry Point - choose how ?

If you are one who is waiting for the fall to enter largecap stocks, here is breakup of Top Nifty50 stocks

A- which fell the most (even 10%)
B-which fell the least (less then 0.5%)

(Note the difference in fall %)

Which ones would you prefer to enter?
Which ones would you keep close watch on?
How would you choose?


would you prefer largecap #mutualfund to enter ? (again which one and how?)


Index ETF to enter ?

Plus when ?
is this the time like March,2020 which is short term fall and then immediate rise?
or should you wait for the market to stabalize?

#investingforbeginners  #financialplanning #financialfreedom #couplesgoals

Image Credit - moneycontrol app

Tuesday, February 22, 2022

Luring 'EXPERTS' advise on TCS buyback offer to investors - Be Aware

So many investors got excited on advise by there friends and brokers on TCS buyback.

What was the offer?

_buy TCS shares at market price before 21st Feb.,2022 (say @3800)

_give all shares to co. under their buy-back offer (offer price @4500)

_40% avg.may be accepted @4500 each under buy back

_hold or sell balance (60%)

_profit between 6% to 16% depending upon price shown and leveraged or non-leveraged (as presented by thise advisors to many investors)

So many investors think this is pure profit of 6% to 16% in 45-90 days.

A-lot of investors were not aware and not connect on % buyback acceptance ratio i.e. not all shares will be accepted @4500 meaning some share bought @3700-@3800 range will still remain with them.

B-Lots of them were not able to connect with the fact that if markets go down and if the share price of TCS goes down there overall profitability will go down.

Example to understand point B-

_buy price 3800 -10 shares so amount invested Rs 38000.

_say acceptance ratio is 40% so you will get Rs.4500 each for 4 shares accepted.
(Means you received Rs.18000)

_6 shares post buy back remain with you at Market price then

Check 2 sample scenarios in attched Pictures to understand better.

Out of 100 calls, I only suggested 3 to do this. (good understanding, ther risk profile, holding period and time and effort)

This was one of many such schemes floated by 'EXPERTS'.

#tcs #buyback #financialplanner #financialplanning #financialfreedom