1 / 10

Long Term Wealth Creation and Planning in Nagpur

Best Financial Advisor Provider in Nagpur, Our experienced professional experts provide best financial invest services to our clients. Choose Nagpur Advisor <br>certified investment serives to manage your financial goals.<br>

nagpuradvisor
Download Presentation

Long Term Wealth Creation and Planning in Nagpur

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. Long Term Wealth Creation and Planning in Nagpur

  2. About Us ShyamalanRaoKishanRaoAmbekar, has successfully completed his 37 yrs of service in STATE BANK and has served in different roles from Clerk to Desk Officer, then from an Accountant to Deputy Manager. He has gradually improved his skills through the trainings organised by the Bank and worked so hard. After his retirement, he proved that nothing can stop him from taking a step forward to learn to earn. He has joined Birla Sunlife Insurance Company as an advisor and in the brief of 4 years after joining BSLI, he has been an overachiever with bronze club member, gold club membership, branch manager club membership, zonal manager club membership and regional zonal manager club membership and has undergone through many training throughout his tenure in ABSLI. He also owns a license from the Association of Mutual Funds of India (AMFI). In feb 2016, he moved to Star Health and Allied Insurance Co. Ltd Nagpur branch no 2 and has attended all the training organised by the company regarding Health Insurance.

  3. Long Term Wealth Creation and Planning in Nagpur Best Financial Advisor Provider Cycle of abundance creation begins with defining monetary objectives. Monetary objectives are your objectives for a particular monetary need. A few instances of monetary objectives are purchasing a house, purchasing a vehicle, a kid's schooling or holidaying in your fav objective. Monetary objectives are distinctive for everybody relying upon their necessities and need. Long haul abundance creation requires legitimate arranging and order in contributing. Arranging your costs and ventures are an unquestionable requirement for abundance creation. When you put forward your monetary objectives, you can begin arranging and putting away your cash to accomplish these monetary objectives. Picking the correct speculation instruments is the second step towards accomplishing monetary objectives and long haul abundance creation.

  4. How to do it? 1. Index Funds (50%): When investment time horizon is as long as 20+ years, it is always better to opt for equity based plans. Why? Because it has ability to give maximum returns in such time horizons. But care must be taken to keep the investment well diversified. Hence Index funds, through SIP is suggested for us. Pros like John Bogle, Warren Buffett also suggests index funds. Read more about index funds here. 2. Mid-cap funds (35%): When investment time horizon is long enough, mid cap funds give fantastic returns. Though their price volatility is high, but for longer time horizons, it works. Start a SIP in a good mid-cap fund and relax. Read more about mid cap funds here. 3. Direct Stocks (15%): Why I am suggesting direct stocks, is it not too risky? Yes it is risky, but there is a way to manage this risk. How? By investing in only those stocks which are undervalued. Read more about how to identify best stocks here.

  5. Long Term Wealth Creation and Planning in Nagpur We have laid simple rules to create your financial goals, rather than complicating it. Your financial goals should be SMART.

  6. Long Term Wealth Creation and Planning in Nagpur 1. S - Specific - Financial goals have to be very very specific, List down everything you need and try and make them specific. Eg. I want a car is not a specific goal but I want a Hyundai Creta is a more specific goal. 2. M - Measurable - Now let’s assume you know which car you want to buy but don’t know how much it cost, how much you will start saving? or how much money you need to buy this car?. Goals have to be measurable like I want to buy a Hyundai Creta that costs 16 lacs. 3. A - Achievable - Once your goals are specific and measurable just read them to your self loudly twice to make sure they are achievable, Your goal cannot be something that is not achievable like I want to own 10 Rolls RoyceCars. Goals have to proportionate to your income and should keep evolving as your income grows each year. 4. R - Realistic - Unrealistic goals will take unrealistic time and money before they are accomplished and will only create unnecessary stress, so your financial goals for wealth creation should be realistic, your goal cannot be owing 1 car of each brand available on earth. 5. T - Time-bound - I am sure every one of you understands that targets should always be time-bound, now in the above example if your goal is to purchase a Hyundai Creta for yourself which is worth 16 lacs but when ? in 100 years or tomorrow?. All goals should be extremely time-bound and they should be given a reasonable time to achieve. “I want to buy a Ferrari in two days is not a practical goal, unless you already have all the money to buy it.

  7. Connect with Us facebook.com/nagpuradvisor Twitter.com/nagpuradvisor

  8. Contact Us Address :- 24-25 Patil Lay Out Gopalnagar Nagpur Call. :- 91-7588745539 Email :- nagpuradvisor.com@gmail.com

  9. Visit Us http://nagpuradvisor.com

  10. Long Term Wealth Creation and Planning in Nagpur Thank You

More Related