How Franklin fiasco happened and what we learnt from it
https://economictimes.indiatimes.com/mf/analysis/how-franklin-fiasco-happened-and-what-we-learnt-from-it/articleshow/82210625.cms
Showing posts with label Investment planning. Show all posts
Showing posts with label Investment planning. Show all posts
Monday, December 20, 2021
Wednesday, April 15, 2020
My article in ET on *"Corona crisis is teaching millennial investors importance of financial security".*
Click here to read complete article :
https://economictimes.indiatimes.com/mf/analysis/corona-crisis-is-teaching-millennial-investors-the-importance-of-financial-security/articleshow/75152295.cms
Monday, October 29, 2018
Saturday, October 27, 2018
Future is product of preferences made today.
Investoshashtra !!!📜📜📜
इनवेस्टोशास्त्र !!!📜📜📜
Recently we conducted an Investor awareness program for investors of our association members. We had a capacity of 500 pax.
We invited India's renowned speaker Mr.Krishan Sharma and event was organised at one of the best venue i.e. INOX, Vadodara with food.
Only guests who confirmed their availability, were invited. To take care of last moment cancellation due to some emergencies or unavoidable situation we distributed additional 7% invites.
Each one of us worked really hard to ensure it's packed to capacity.
But to our surprise only 65% of investor turned up out of total invitees.
*I was wondering if we had invited similar no. of guests at same venue for screening of movie _"Badhai ho"_ which was running in adjacent screen, I am sure situation would have been totally different."*
First of all we would have got full capacity by may be calling only 700 pax instead of making over 3000 calls. Secondly, provisioning of 7% for last moment cancellation had to be brought down to 1-2%.
We all want to have entertainment in life so nothing wrong with it.But awareness, knowledge and preparing for future is equally important..
I, always believe majority of Investor's considers financial planning as last priority. Amongst few who are conscious they also have big gap in decision making and implementation or may be goes out of their focus in few years.
*Remember "Future is not decided by how much we earn, but by how we manage it."*
*This weekend give a serious thought and make financial planning atleast your 4rth preference in life.(After may be job, family and entertainment).*
Regards,
Raj Talati
www.rajtalati-abminvestment.blogspot.com
Saturday, September 1, 2018
What is the guarantee of Guarantor
Investoshashtra !!!📜📜📜
इनवेस्टोशास्त्र !!!📜📜📜
Recently, I come across an advertisement wherein a company has put big signboards around the city guaranting income for 9 years @9%, *by purchasing a pre leased commercial property through them.*
On website it's mentioned that they lease property to IT companies. Also occupancy or non occupancy doesn't impact Investors return of 9%.
As a financial planner when I digged into the offer found following points to ponder for investors, before falling prey to it :
1) Price of property is decided by them: Even in this bearish phase they dictate their price and inflate it, making it costlier for investor.
2) Rate of return@9% is not adjusted for inflation. Assuming even 6% inflation your return would be meagre 3% from very next year and will keep going down with every passing year. After 6 years effective real return would be negative.
3) Income tax on rental income : Obviously person buying such a costly property must be falling in top tax bracket.So if accounted for tax their is hardly any income.
4) Maintenance and wear and tear.
5) Property tax - Being a commercial property taxes are going to be high.
6) They are giving post dated cheques as a guarantee for rent.PDC's really😖😖
*_The big question is what is the guarantee of Guarantor._*
*With a little common sense, a little patience, and a little sense of humour you can live well on this planet - W.Somerset Maugham*
When we all know rental yields are in the range of 3-4% then why we fall for offers which is *too good to be true.*
It always helps to have a professional by you side, who can guide,analyse pros and cons and help you take a informed decision.
*So next time whenever see such lucrative offers think twice before investing or contact a financial advisor to help you with.*
Have a rocking weekend.
Regards,
Raj Talati
www.rajtalati-abminvestment.blogspot.com
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.*
Regards,
Raj Talati
www.rajtalati-abminvestment.blogspot.com
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.
Regards,
Raj Talati
www.rajtalati-abminvestment.blogspot.com
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.
Regards,
Raj Talati
www.rajtalati-abminvestment.blogspot.com
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