Saturday, July 21, 2018

Advisor Zaruri hai to ensure investment sahi hai..

Investoshashtra !!!📜📜📜
इनवेस्टोशास्त्र !!!📜📜📜

Few days back I was watching again movie "PK" another excellence featuring Amir.

In a sequence he explains how same word "Achha hai" have different meaning, the way it is spoken..

"Yaha Bolte kuch aur hai matlab kuch aur nikalta hain, ek hi Shabd ke char char matlab hai...if you shake your head and say Achha is different then said with eyes wide open, if spoken loudly is different from spoken softly.."

Similarly, in investments products or asset classes are same but for every investor it carries different meaning..

A PPF deposit for businessman is different from an employee, it's different for a young graduate then a married couple or couple with kids. It's different for one who has bigger future needs with lesser income, from one who is financially free.

So investment in Mutual fund/ PPF/ Insurance/ Real Estate/ FD/ Gold is Sahi hai.... but advisor bahut zaroori hai to decide and guide which investment and for whom."

So this weekend instead of deciding which product "Achha hai" and end up with an alien (PK😉)👽 try to find kaunsa advisor Achhaaa hai☺☺.

Raj Talati

Saturday, July 14, 2018

Overplanning kill your future dreams

Investoshashtra !!!📜📜📜
इनवेस्टोशास्त्र !!!📜📜📜

Roti, Kapda aur Makaan (Food, Clothing and Shelter) is the basic necessity of every individual. Food and clothing is still not that difficult manage. But Makaan has become a distant dream for many.

In recent past lot of my young investors, who are in their late 20's and early 30's went for buying a house. Most of them are just married or married with one kid.

Most surprising is the house they are buying is 3 BHK or 4 BHK.

When asked why not 2 BHK their reply was tomorrow when we have kids and when they will grow they would need 1 room and  other one is for guests or parents.

First thing is that in Indian context normally kids tend to sleep with parents till the age of 7-8 years in some cases even more. Secondly as working couple, there are hardly any guests which visits them regularly, apart from own parents.

So most of the time atleast 1 bedrooms is going to be unoccupied.

Then why to stretch your finances to go for a house which eats up all the savings leaving you with EMI which makes today's life more vulnerable.

In many a cases EMI is as high as 60% of take home against which *rented house is costing hardly 3-4% of price.*

Most importantly being young not yet settled in carrier what if need to face  a job loss.

Over-planning results in stress and anxiety.

On a lighter note, the way our habit of eating out is increasing my wife always tells me that very soon you would be advising you clients to buy a house without kitchen. (Think how much you can save😉😉)

So don't fall in trap of over-planning and have a stress free weekend.

Raj Talati

Saturday, July 7, 2018

We are humans not computers.

Investoshashtra !!!📜📜📜
इनवेस्टोशास्त्र !!!📜📜📜

Every person in our life whether it's our life partner, busineas partner, friend or family have some distinctive qualities which bonds our relationship.

Why is it that later on, we start expecting them to be perfect or to be the way we want. Every individual in this world is unique and none of them is perfect. So why don't we accept them the way they are.

On a lighter note the way Raj of DDLJ says "मुझे तो कोई एक लड़की पसंद आ ही नही सकती....अब किसी की आंखे अच्छी है, तो किसी की नाक अच्छी है, किसी के होठ अच्छे है तो किसी के कान"! It's a different issue that even he understands mistake and settles for one at the end.😉

Born in computer age, makes me think that our brain is also getting programmed like computers. The way computer understands only 2 outcomes (binary language) i.e. 0 (wrong) and 1(right), we are also expecting our relationships to be only (1) perfect.

But life doesn't come with only 2 outcomes and *individuals are not computers.* _There are some good things in everyone to cherish about and not so good things to ignore._

Even investing is about understanding distinctive quality of each and every asset class.

Nothing wrong in investing in Gold, FD,  PPF, NPS, Debt, Equity or Real estate.

Why would you invest in equity at the age of 75, when you can comfortably live remaining years without affecting your blood pressure jump due to sudden fall in markets.

Every asset class has it's own merits as well as demerit. So understand asset classes and make a winning team by combining them.

So listen to this Raj😉 and go beyond 0 and 1 in analysing your investments or personal relationships.

Have a wonderful weekend.

Raj Talati