Saturday, August 25, 2018

What if God goes against you

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

*What if God is against you*

We recently witnessed the worst flood in nearly a century in God's own country - Kerala.Hundreds of people died, more then 33000 people rescued and estimated 13 lakh people took shelter in camps.

This is not the first instance of such natural disaster. Every year India's one or other part is divastated by either flood, landslide, tsunami, cyclone or earthquake.

It keep reminding us that in the race of development or growth *we are killing our own mother earth.* That might be the reason God is annoyed of his own kids.

Can anyone in this world save us from god's fury anwer is obviously "no",One need to handle hardship and physical losses himself.

*But to be precise "Yes" there is something which can save us from it's effects.*

For financial losses we as a mankind have created a wonderful tool which can even challenge God and the *weapon is Insurance.*

Many a times we ignore most important aspect of finance rather foundation of financial planning i.e. *Insurance.*

Most of the people see it as a  cost, but fact is *Insurance is financial guardian of our future and dreams. _It ensures and provides financial security at a nominal cost._*

_So, this weekend just check whether your financial guardian is capable enough to cover your assets and dreams._

*Happy Onam and prayers for people of Kerala. I can assure that whole of India stands with you. We will re create a Kerala which even god will be envious of.*

Raj Talati

Saturday, August 18, 2018

Hard work smart work

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

Since my childhood, I was a bit chubby and worked really hard to come in a perfect shape😉.

The best thing which helped me is brisk walking. But was never satisfied and started running, Inspite being Asthamatic.I presumed that exercise means perspire, exhert and to get tired or exhaust.

Yoga changed my perception of fitness. Fitness is not too much of physical exhertion. Pranayam and yoga with proper knowledge of inhalation, hold and exhalation of breath can give much better result without force or strain.

Specially, in 40's running or gymming may cause more harm then to help, resulting in problems related to back or knee.

So, it is not essential for achieving anything only way is to hard work, *But smart work can get better results with minimum strain.*

Many a times investor also over work on their Investments. Planning for retirement and checking portfolio daily or weekly doesn't result in anything more then to damage it. *Investment also requires right mix of inhalation (accumulation), hold(gestation) and exhalation (distribution) to have healthy financial life.*

So, try not to exhert and smartly achieve desired goals.

Raj Talati

Saturday, August 11, 2018

*Loan vs Investments*

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

Today I was surprised to see board reading "Buy clothes on Easy EMI".

We are still a developing country, but our spending pattern can amaze even developed countries.

That made me think actually from a consumer perspective, loan and Investment are two sides of same coin. Both of them fulfill a person's desire which is not affordable today. Loan given instant gratification whereas Investments doesn't.

Then why is loan a cuss words, while savings and investments are habits taught us from childhood.

In case of *loan we trade our future income today.* As we all know future is uncertain and tomorrow's expense are going to be much more than what it is now. *So, when it's not affordable today, how will it be paid tomorrow.*

Secondly, even in future needs will keep escalating, how that will be taken care of.. which might prompt for another loan and drag us to never ending vicious circle of EMI.

It's prudent to understand, impulsive buying on loan (In form of credit card, personal loan or consumer loan) might give temporary delight, but comes with penalty in the form of higher interest and a never ending stress, whereas buying it with own savings or investments gives satisfaction and contentment.

I think that was the reason our parents used to enjoy and cherish their big purchases. As they used to plan, work hard and compromise on many small things to buy it. *Every purchase was a long awaited dream and so used to carry enormous value to them.*

So, try *atleast never to buy your WANTS on loan* and *plan in advance for your NEEDS as well as WANTS* to avoid your financial future from getting derailed.

Have a wonderful debt free weekend and life ahead.

Raj Talati

Tuesday, August 7, 2018

Meaning of success

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

*Meaning of success*

Yesterday, I got opportunity of listening to Gaur Gopaldas Live in one of the conference.

He beautifully explained how this generation has moved up ladder of success very fast. We all are proud to be successful...but irony is how many of us *feel successful..* being successful is what others think about us and *feeling successful is from inside.*

Happiness has nothing to do with how much you own. That is the reason inspite of being more successful compared to last generations, we are less happier and more stressed, depressed and anxious.

The only reason is we unnecessary do things we don't want to. Certain things  can't be avoided like job, profession or business even if you don't like because you have mortgages, EMI and bills to be paid.But what about rest.

Why not to try utilising balance time in what we love to do.Which can make me feel successful of having power with me to do what I want to and not have to.

Similar, is the case with financial planning. People keep dragging it, inspite of having no in depth knowledge, passion and zeel. By the time they realise they messed it up, it's too late which results in depression, stress and anxiety.

So, start living what you love to do for everything else there are people who love to do it, so outsource it.

"Not only Be Successful but FEEL successful."

Have a rocking weekend.

Raj Talati