#Metoo

Let’s start a Positive #MeToo for Investing

Have you invested your Savings? #MeToo

Have you invested for the Long Term? #MeToo

Have you done your Asset Allocation? #MeToo

Have you invested in Equities? #MeToo

Have you invested via Mutual Funds? #MeToo

Have you started an SIP? #MeToo

Finally
Have you consulted a Financial Planner for all of this? #MeToo

And if any of the above replies are in the negative

God will help you!

#kaustubhdeole

#theequitylearners

#artharthifinancialservices

Smart Money Management for your kids

The more time you give to your children, the better they grow;

The more time you give to your Money, the better they grow.

  • Open a Savings A/c on your child’s name. Guide him how to save money he receives on birthday or any other occasion in his savings account.
  • Make him understand the difference between Saving & Investing.
  • Don’t take your child along with you in ATM to withdraw money as they might mistaken that they will get money whenever required.
  • Make them understand the educational expenses you are paying on monthly or early basis.
  • Ask them to write / maintain the monthly household expenses book.
  • Invite them to hear the financial discussions, they cannot express their views but can logically think on it.
  • Make them understand why the loans has been taken for Home, Car or Education, the breakup of EMI’s, Prinicipal & Interest.
  • Visit an orphanage & donate some with your child through which he will understand the things he uses are not available to them.
  • You have started the Journey of becoming a Smart Investor, its your duty to train your child to become a smart investor by teaching him about financial literacy, products like mutual funds, stocks etc.

Financial Literacy is need of the hour, moreover staying happy in any situation & changing the view towards Money is required.

Happy Children’s Day

#kaustubhdeole, #artharthifinancialservices, #theequitylearners

Do you Really want to get Rich / Wealthy?

Ask Yourself – “Do you Really want to get rich / wealthy”?

Is it on your priority list OR are you happy going through life living salary to salary and retiring at 58 and then wondering how to spend the next 20/30/40 years of your life?

Not many people are cut out to create wealth. In fact most people do not.

How much time do you spend each day thinking about it?

What?

You don’t even think about financial independence once a day and you expect to get there in your 40s?

Forget about it.

You think you CANNOT resist spending Rs. 200,000 on that bike that you are dreaming off or on a car costing Rs. 12,00,000 when you have not thought about Investing for Financial Independence?

Forget financial independence in your 40s, after all you do not want it as badly as you want your car or house, do you?

Likewise, what are you willing to sacrifice to build your Retirement corpus? It takes some sacrifice, and the longer you delay that sacrifice, the larger the sacrifice becomes.

If you are 33 yrs, and not yet set up any SIP for retirement, and all your money is in Bank FD, Real Estate, ULIPS, LIC etc, kiss your early retirement / wealth creation dreams a Happy Goodbye.

Cost of Delay:-

The longer you delay the lesser the chances of you being able to create any wealth.

The longer you delay, the lesser retirement corpus.

The longer you delay, the longer you have to work.

The longer you delay, higher chance of you working forcefully even if your health doesn’t support.

The longer you delay, the sooner your happy retirement dreams will fade away.

#theequitylearners

#artharthifinancialservices

P.S- Interested people can contact us for Financial Independence Program.

Muhurat Stock Investment Tips

A conversation between a Client & Financial Planner.

Mahesh : Happy Diwali Dr. KD. I checked today’s Money control. It says..next diwali..45k and sent top 15 stocks to invest.

Dr. KD : Happy Diwali to you and your family.

Do you know, last year prediction from money control. Check following details.

Mahesh : Oh…

Dr. KD : Even they recommended top 10 stocks.

COMPANY/PAL/TARGET/ACTUAL

Note: PAL – Price at Last diwali
Target – Given by moneycontrol
Actual – today’s price

BATA/ 800/925/ 1022
CYIENT/520/645/619
LNT/1224/1425/1354
MANNAPU FIN/100/147/84
MAHINDRA HOLID/350/520/221
DHFL/620/650/228
KARUR V B/110/180/79
ASIAN GRAN/490/570/180
BLUE STAR/675/850/576
TV TODAY/360/402/375

Mahesh : Oh.. Except one or two, all are down. Then why do they predict?

Dr. KD : Because it is their business and they earn from it. We should believe in our financial advisor not the online companies.

Mahesh : Yes Dr. KD, There is no short cut to become wealthy. We have to give time.

#artharthifinancialservices

http://www.moneycontrol.com/news/business/markets/sensex-likely-to-top-45k-by-diwali-2019-icici-bank-maruti-among-karvys-muhurat-picks-3130471.html/amp

Money Lessons for your Kid Part – 3

Changing times, social media like facebook, instagram, whatsapp has impression on kids.

Learn how to teach them money lessons.

Money lesson for your kid aged 15-16:

Explain loans & credit reports before the bad habits of his peers get ingrained in him. Ensure he understands the importance of high credit score to eventually get the loans for things he wants, e.g. a house or a car in future. Make him understand how loans work — principal, interest, repayment, good loans Vs bad loans, tax benefits (80C, 80E etc), Insurance cover for loans etc.

Money lesson for your kid aged 17-18:

Give them more leeway in Bank A/c where they can store the money & write cheques. Don’t add money to this account. They should fund it from their savings. Have them write cheques for costs like student activity fees, and sit down with them monthly to balance account. Also, discuss topics like work-life balance, financial freedom etc.

Money is great, but it’s worthless if you’re not leading a balanced life.

#artharthifinancialservices

#kaustubhdeole

Money Lessons for your Kid Part – 2

Why Money Lessons are important for your kid in changing markets.

Money lesson for your kid aged 11:

Keep pointing out advertisements of different brands to your kid. Explain how they try to manipulate consumer’s emotions by making their products look cool through paid advertisements.

Money lesson for your kid aged 12:

While shopping, point out a cheaply-made product & a higher quality alternative, explain the difference (the feel of fabric, brand etc.) and how to choose between the two. If you buy eco-friendly product, explain why you’re willing to spend more on it. She should learn smart purchases rather than just the cheapest.

Money lesson for your kid aged 13:

Get in the habit of clarifying financial concepts. Tell your kid, ‘I invest in Mutual funds, Bonds, Stock Market etc to make money grow’. Show the ups & downs of Nifty (just call it ‘the market’) and explain why people invest in it.

Money lesson for your kid aged 14:

Make your teen work for extra allowance, e.g. chopping vegetables etc. Let her feel the power & freedom of making & spending money. E.g. if she wants a Rs 1200 jacket, explain that she’d have to babysit for 12 hours at Rs 100 per hour to afford it. Convey that she has to work in order to get what she wants.

#artharthifinancialservices

#kaustubhdeole

Money Lessons for your Kid

Money lesson for your kid aged 7:

Talk to your child about career & money. Try to instill positive feelings towards work. Explain what you do at work, why you chose that field and why you like it. Convey that people should try to choose the jobs based on what they enjoy.

Money lesson for your kid aged 8:

Explain that some money that you earn have to be spent on the bills. Let your child sit next to you while you make the payments. Some amounts like rent or EMI — will be too big for her, but you can ask her to match the balances. Focus on Savings too.

Money lesson for your kid aged 9:

Open a Minor Savings A/c. Don’t let him withdraw money at will — if he wants to save for a bike, he should talk to you first. Tell him that he will have to make regular deposits to the bank, monthly or quarterly.

Money lesson for your kid aged 10:

Inform about different kinds of cards & Bank A/Cs. Take your cards out of your wallet and explain which one is for debit, which is for credit, their differences, and the importance of always paying back dues in full & on time.

#goodeducation

#artharthifinancialservices

How to Be a Well Informed Investor

प्रतिकात्मक रुपातील रावणाचे दहन करण्याची प्रथा अाज पार पाङली जाते. अापल्यातील दोष, अवगुण हेच अापल्यातील रावण असतात.

चला तर…पुढील १० गोष्टी अंमलात अाणु या व अापल्यात जर खालील रावणरुपी दोष असतील, तर त्याचा नाश करुन एक Well informed investor होण्यासाठी प्रयत्न करु या.

१) अापल्या गुंतवणुकीबद्दल तटस्थ राहायला शिका. त्याच्याशी भावनिक नाते जोङु नका.

२) अार्थिक सल्लागारावर सतत अविश्वास दाखवु नका. त्यामुळे तुमच्या बाबतीत गुंतवणुकीचा निर्णय घेताना तो चुकु शकतो. तुमची जोखिम घेण्याची क्षमता कमी अाहे अस समजुन तो कमी जोखिम असलेली योजना तुमच्यासाठी निवङु शकतो. परिणामी तुमची पाञता असतानाही परतावा कमी मिळु शकतो.

३) बाजारात पङझङ झाल्यावर संयम न दाखवता अस्वस्थ होत असाल, तर तुम्ही अजुन परीपुर्ण गुंतवणुकदार झाला नाहीत अस समजा. तुम्हाला या साठी अधिक मेहनत घेण्याची गरज अाहे.

४) अर्धवट माहिती असलेल्या नातेवाईक, मिञांच्या सल्ल्याने गूंतवणुक करत असाल, तर अापल्या गुंतवणुकीचा अॅसेट क्लास चुकण्याची खुप जास्त शक्यता अाहे.

५) गुंतवणुक करताना ध्येयाकङे लक्ष न देणे म्हणजे प्रवासासाठी गाङी मध्ये तर बसलोय पण कुठे जायचे हेच माहित नसल्यासारखे अाहे. शक्यतो प्रत्येक गुंतवणुकीला एक ध्येय द्या.

६) करप्रणाली, महागाई दर समजुन न घेता बॅंक एफङीत तथाकथित गुंतवणुक केली. बॅंक एफङी करुन सुरक्षित पण अल्पसा परतावा तर मिळाला पण नंतर कळाले की, जेवढा मिळाला त्यातला अाधी टॅक्स ने खाल्ला व उरलेला महागाईने गिळाला अाणि हाती धुपाटणे राहिले.

७) गुंतवणुकीबाबत सतत धरसोङीचे धोरण स्विकारणे. बरेच वर्ष गुंतवणुक ठेवली अाणि नेमका परतावा मिळायच्या अात काढुन घेतली. ८०% लोक या एका दोषामुळे शेअरबाजारात पैसा बनवु शकत नाहीत ही वस्तुस्थीती अाहे. त्यामुळे परतावा मिळेपर्यंत सल्लागाराच्या सल्ल्याशिवाय शक्यतो त्यातुन बाहेर पङु नका.

८) भांङवलवृद्धीचा विचार न करता केवळ “करबचत” साठी गूंतवणुक करणे. यात पीपीएफ व इंशुरंस (आयुर्विविमा) पाॅलीसीज् , ५ वर्षाची बॅंक एफङी, टॅक्स फ्री बाॅङ इ. मध्ये प्रामुख्याने गुंतवणुक केली जाते. यातील दिर्घकाळासाठी इंशुरंस (आयुर्विविमा) मधील गुंतवणुक म्हणजे १ लिटर दुधासाठी म्हैसच दारात पाळण्यासारख अाहे. जी चारा तर तुमचा खाते पण दुध मात्र इतरच पितात.

९) विशेष लाभ पदरात पङण्याची अजिबात शक्यता नसताना अापला पैसा खुप जास्त लाॅक इन असणार्‍या साधनामध्ये गुंतवणुक करुन लिक्विङीटी गमावणे. यात साधारण रियल इस्टेट मधील गुंतवणुक, अाणि परत एकदा इंशुरंसची (आयुर्विविमा) युलीप व एंङोमेंट पाॅलीसी असु शकते. या सर्वात तुमची लिक्वीङीटी नष्ट होते या ऐवजी म्युचल फंङाचे रिटायरमेंट प्लॅन अधिक उपयुक्त अाहेत. कारण अगदीच गरज पङल्यास ५ वर्षांनी पैसा काढता तर येतोच शिवाय नफाही करमुक्त मिळतो.

१०) पैशाला अाळशी करुन अापल्यासाठी कमाई न करु देणे म्हणजे म्हणजे हुशार विद्यार्थ्याला शाळेतच न जावु देण्यासारख अाहे. पैसा हा तुमच्या मुलाप्रमाणे असतो. त्यामुळे प्रसंगी त्याचे लाङ करत त्याला कङक शिस्तही लावणे अावश्यक अाहे. तरच त्याला जगरहाटी कळेल. त्याच्यातील क्षमतेला पुर्ण वाव द्या. एकदा पङेल, काही वेळा अपयशीही होईल पण एकदा का त्यातुन सावरला कि, जन्मभर तुम्हाला सांभाळेल. तो पर्यंत धीर तर धरायलाच हवा! हो ना…
#artharthifinancialservices

#kaustubhdeole

Behaviour

A man had to go on a long journey.

Before embarking on his journey, the man walked up to God and sought his blessings.

God offered him a choice.

“Take along with you 5 litres of water or 10 litres of ice”.

Greed nudged the man to choose the latter(10 litres of ice).

The journey commenced. The weather was cold. The man walked on and on with an air of contentment and joy that emerged from his choice; the 10 litres of ice that he had chosen.

Soon he grew thirsty. He looked at the ice block. It was rock solid.

He walked on with the conviction that the weather would soon them warmer and the ice block would start melting and he would be able to quench this thirst.

But the weather wouldn’t relent and the ice wouldn’t melt.

His thirst by now grew by gigantic proportions and he felt miserable and grew desperate.

His 10 litres of ice which had once made him feel comfortable was now seeming like a hard rock of solid weight ; a white elephant which instead of providing comfort was causing him severe stress.

How now wished he had chosen the 5 litres of water instead.

Realisation soon dawned upon him that although ice and water both had the same chemical formula they were not same.

What mattered most was the state of their matter ( liquid vs solid)

This story is the story of scores of people who have amassed huge amount of real estate and who believe they are wealthy.

But the fact is quite the contrary. Their wealth is just a mirage ; a state of mind and a false belief. Their wealth is like the ice that wouldn’t melt.

Unless and until you can liquidate the asset by converting its form into liquid cash what our the purpose of that wealth which you believe belongs to you?

If your asset cannot meet your immediate need of security, education, health, holiday, etc etc then what is its purpose?

Real estate is largely like this. It is illiquid.

Try selling your house in an emergency and you will realise how difficult it is to find a willing buyer.

By the time you can sell your house more often than not it is a little too late and your need would by then have transformed into a lost opportunity.

Investments & Thali Connection

What are the different varieties of food in a thali?

We all would have tasted at least once any thali’s.

As thali has different food like pickle, papad & rice, your portfolio should also have different assets.

All food proportions are different. Rice is more, cucumber & pickle is less, similarly, risky assets should be less & quantity should be checked.

Our diet changes depending on the age & ability to eat. Similarly, our investment portfolio should also change with age & needs.

Kaustubh Deole