Tuesday, July 2, 2019

STORY OF MR.BELIEVABLE AND MR.UNBELIEVABLE

I normally almost always Analogies to connect with my Audience.....be it my Investors or fellow Advisors.

This particular Analogy was CREATED by me and used to present the benefits of Investing in Equities in a very simplistic way.

I had used this when I was doing a seminar for Teenagers.





THE STORY :

Once upon a time, in a city there lived 2 friends.
They were strangely named MR.BELIEVABLE and his friend was named MR.UNBELIEVABLE.


One day, Mr.UNBELIEVABLE felt very sick and he understood he was dying.
He called his wife and said
“Look Dear, I am dying and I am sick of this idiotic name UNBELIEVABLE. On my graveyard, do not write any name. You can put any image, a saying, or write anything say a poem, phrase, anything but not my name. I do not want to carry this idiotic name to the graveyard”
Very soon, he died.
His wife, as per his last wish, did not write his name on the graveyard but did write something which meant the same as his name.....MR.UNBELIEVABLE.
She wrote
“Here lies a man who became very wealthy by
a) Investing in Fds
b) Taking only Endowment Plans
  1. Doing Day Trading in Stock Markets”

Whoever passed by the grave and saw the wordings exclaimed “its UNBELIEVABLE!!!!!”

So, this way, Mr.Unbelievable wish was fulfilled




Likewise, his friend MR.BELIEVABLE too became very sick one day and he too understood that he was dying.
He called his wife and said
“Dear, I am dying and I am sick of this idiotic name BELIEVABLE.
On my Gravestone, please do not write any name.
You can any image, a saying or write anything....a poem, a phrase, anything but not my name on the graveyard. .
I DO NOT want to carry this idiotic name to the graveyard”
Very soon, Mr.BELIEVABLE also died. 


His wife, as per his last wish, did not write his name on the graveyard but did write something which mean the same as his name.....BELIEVABLE
She wrote...

“Here lies a man who became very WEALTHY by
a) Investing in Equity Mutual Funds
b) Taking only Term Insurance
  1. Most importantly, having SRIKANTH MATRUBAI (SRIKAVI WEALTH) as his advisor!!!!”

Whoever passed by the grave and saw the wordings could not but exclaim “its BELIEVABLE”

So, this way, Mr.BELIEVABLE 's last wish was fulfilled.

This, my friends, is the story of Mr.BELIEVABLE and MR.UNBELlEVABLE.

Regards,
Srikanth Matrubai

Audio version of this
https://soundcloud.com/srikanth-matrubai/story-of-mr-unbelievable-mr



http:/http://https://soundcloud.com/srikanth-matrubai/story-of-mr-unbelievable-mr/














Also visit http:/http://https://t.me/MutualFundWORLD/

Sunday, March 17, 2019

THE ERA OF RITEs STARTS IN INDIA

Real estate is something every Indian understands well and like Gold, that Attachment for AT LEAST EK GHAR is at the zenith of every Indian's heart.
And REITs seems to be a good alternative for those who cannot afford to invest big time in Real Estate.

Buying a REIT is the most transparent way to own Real Estate for a Lay Man.




WHAT IS THIS REIT ?

Real Estate Investment Trust, known more popularly in its short name, REIT is similar to Mutual funds.
A REIT collects money from Investors and invests in Real Estate Properties (commercial and residential) with the intention to generate FIXED INCOME through Rents.

Since the earning is from RENT, which can be monthly, quarterly, Half Yearly or even Yearly, REITS pay, typically, dividends on a Half-Yearly basis.

NOTE :
Indian Laws specifically say that REITS can invest only in those properties that are at least 80% completed.

SEBI came out with list of DOs and DONTs for REITs way back in 2014 and in US, REITs are in vogue for quite a long time and more than 300 are registered and about 40,000 commerical Properties in the US are owned by REITs !!

SEBI, to begin with, has mandated the MINIMUM investment to Rs.2 lakhs and just recently further reduced it to Rs.50,000.

STRUCTURE OF A REIT : 



Exactly similar to a Mutual Fund, REIT too will have a Sponsor which establishes a Trust.



SO, HOW EXACTLY DOES A REIT WORK : 

1. A REIT (like a Mutual fund) collects money from Investors.
2. These monies are invested across Rent Generating Properties.
3. The REIT collects the Rent
4. The REIT distributes the Rent to Investors via periodical Dividend.
5. The Capital Value is reflected in the NAV

PLEASE NOTE : 
Land: In India, REITs cannot invest in land. But in mature markets, REITs can own raw land and develop it or sell it when they think there is appreciation on the price. Also, there are REITs which invest in land of farming.

TAX ANGLE :

1. Dividends are Tax Free in hands of Investors

2. Short Term Tax (sold within 3 years) is 15% of Gains
3. Long term tax (sold AFTER 3 years) will be at 10% of Gains.
4. Dividends received will be ADDED TO THE INCOME OF INVESTOR AND SHALL BE CHARGED TO TAXED AS INTEREST INCOME

Point No.1 says
Dividends will be taxed in the hands of the Company and not in the hands of Investor (unlike a Dividend of Equity shares which are taxed post 10 lakhs Dividend Income)


Point NO.4 says
The Dividend will be ADDED to the overall income of the Investor and will taxed accordingly.
It could be NIL in case of small investor and even 30% in case of HNIs




ADVANTAGE
1.
Owning a Real Estate is a challange both financially and legal hassles, REITS is an easy simplified asset class to own the same without actually owning it Physically.

2. No Lock-In
You as Investor can enter or exit the REIT as per your wish and conveneince unlike an actual Real Estate which has its own problems

3. You can even sell the REITS in the Stock Markets making it very very liquid. The REITs will be listed on both the NSE AND BSE

4. Since SEBI has mandated that 90% of the Distributable Cash flows must be distributed with the Unit Holders, there is a good scope for regular income.

5. Real Estate is one of the Most non-transparent asset class and REIT aims to reduce that as it is regulared by SEBI and will be managed by Professional Managers (just like Mutual Funds)

6. DEBT ALTERNATIVE
A good alternative to Fixed Deposits and Bonds as the returns in REITS are more or less assured due to regular rents.

7. GEOGRAPHICAL DIVERSIFICATION TOO :

Since REITS will be investing in Different Geographicals and mostly in Rental generating assets, it offers Investors a Good Diversification Option.

8. GOOD SOURCE OF REGULAR INCOME:
REITs are mandated to distribute 90% of profits in form of dividends which is distributed quarterly making REIT a convenient way to have a Steady stream of Interest Income.





DISADVANTAGE
1. Huge entry at Rs.2 lakhs. This could impact small investors.
Yes..SEBI has indicated that it will be soon reducing the same to Rs.50,000 but for now its out of bounds for huge number of small investors.
Please note : Once it is listed, trading will be for a minimum lot of Rs 1 lakh. 

2. Typical Real Estate Industry Issues like a Bear Market could affect Capital gains

3. The Average Rental Yield is not very attractive in India at present (at about 5% to 8%).

4. The biggest point you should note is that REITs could be very very volatile. They are not steady and flat. NO Sir !
And Short term performance could be awful.
In fact, in the US, Dow Jones REIT Index fell 17% in 2007 and 39% next year!



SO WHAT SHOULD YOU DO ?

If you your Asset Allocation is skewed towards Equities and needs more of Debt, REIT could make a great alternative asset class.
Going forward, more tighter regulations and more players will only be making REITS a much more attractive asset.

Do not invest as a proxy Real Estate Play (at least not now, as yet)

Another point to be noted is....Motilal Oswal in its note has says that Embassy Reit is priced at 20% DISCOUNT to its NAV and offers a yeild of 8.25% per annum. 



And Chairman of CBRE, Anshuman says "We estimate 12% to 14% overall returns over a 5-7 year period"


Some analysts have gone as far to predit a return of 12% to 14% POST TAX !!!
This may seem far-fetched for now, at least
US Reits have given returns around 6% to 8% and shockingly Infrastructure Investment Trusts (similar to REITs) are actually trading BELOW their Offer Price.
So....capital appreciation should not be the criteria to invest.
Interest Income, yes.


So, overall, if you are sure that you are in for LONG TERM, wont mind volatility, want steady cash flows, you can GO AHEAD WITH INVESTING IN EMBASSY REITS.

EMBASSY REITS IPO : 
Bangalore based Real Estate Gaint EMBASSY GROUP under its group company EMBASSY OFFICE PARKS, is coming up with India's FIRST ever REIT (Real Estate Investment Trust) aiming to raise around Rs.4750 crores.
 The issue has a price band of Rs 299-300 per unit and will close on March 20. The total issue size is 12,95,56,000 units.


Embassy Office Parks is a Joint Venture between the Embassy Group and US Private Equity Gaint BLACKSTONE.

The Embassy Office Parks has about 33 Million Square Feet of Office and Hospitality assets under this REIT spread across 7 properties and 4 cities Mumbai, Bangalore, Pune and Noida.











Minimum Bid is 800 units. 
One unit is priced at Rs.300
So minimum bid is at Rs.2.40 lakhs
Multiples of 400 units
Hence multiples in 1.6 lakhs. 





GOOD THINGS 
1. Out of 33 Million sq foot, 24 million is already operational

2. Out of this 24 million, more than 95% is already operational and yielding a Rental Income of over Rs.2,000 crore annually.

3. Besides, the Embassy REIT will be adding another 42 Million sq foot of property very shortly.

4. Embassy has its properties in the right places namely Bangalore, Noida, Mumbai and Pune.
All highly attractive cities for MNCs.
And especially Bangalore and Noida are growing at DOUBLE DIGIT since 2013.

5. Embassy REIT also has a ROFO (Right of First Offer) for 2 Under construction properties in Chennai and Hyderabad.

NOT SO GOOD THINGS 
1. Nearly 49% of Embassy REITs rental incomes from Technology companies which raises a huge concentration risk.

2. Embassy REITs is heavily skewed towards MNCs.
This could cut both ways and especially very badly during Meltdown as MNCs are known to be ruthless when it comes to cost cutting.



WHAT SHOULD YOU DO ?

The anchor book has been in huge demand with investors like
Fidelity, Citigroup, Morgan Stanley, Capital Group, TT International, Schroders, Kotak Mahindra Life Insurance, Damanis already investing huge sums of money.

This shows the apptetite for REITs and an unexplored virgin asset class.
The Net Distributable Cash Flow for Embassy REIT is at a appreciable rate of 8.2% for period between FY 16 and FY 18.
This definitely looks attractive and one can consider going ahead with investing in the EMBASSY REIT.
The returns (albeit in single digits) is more or less assured due to RENTAL income and thus can be considred for DEBT portion of your portfolio.

Do take your Financial Advisor's advise before taking any decision. 

All the best.
Regards,
Srikanth Matrubai



Also visit http:/http://https://t.me/MutualFundWORLD/

Tuesday, March 12, 2019

TIME ENTRY EXIT LIKE ZIDANE!!


BREAKING NEWS !!!
Zinedine Zidane returns to Real Madrid: ‘When the president called, I could not say no’
Link
https://bit.ly/2ET3ZJk

Zinedine Zidane exited right at the peak of the Bull market for Real Madrid during last May.(After winning 3 Successive Champions league trophies).

He was sitting on the sidelines for the last 10 months & watching the massacre/rout happening at the Club, (Similar to the mass slaughter of small & midcaps last year)., while he was enjoying his break/holidays.

He was enjoying what the Coaches(Julen Lopetegui & Santiago Solari),The Club President(Florentino Perez) & the Players were going through after he departed.. 

Similar to what the AMCs,Fund Managers, Advisors & the Investors were going through in the last 1 year.


He knew that this would have happened to him as well,if he had stayed with the club..
But,he knew the Exit strategy very well.

When the  Club President asked him to be the Coach once again after they went through a bad patch, He latched on to the opportunity once again. 

Zinedine Zidane teaches us very important lessons in investing,

Whenever the going is good,Don't take it for granted..Kindly re-analyse the situation & then take a decision..

When Cristiano Ronaldo departed from Real Madrid to Juventus after he had differences with Perez.
 Zidane knew that the Prime performer is leaving the club after scoring 451 goals in 438 games for Real Madrid in 9 years..
It is tough to replicate the success they had in the recent past without him,Bcoz CR7 was the mainstay,where Zidane's strategies/plans revolved around.

There were lot of expectations by the Fans & the Management after reaching the Pinnacle of success..
After the BIG underperformance by the  Club in the last one year.
The expectations of the fans & the management will be less.
(Similar to the low returns expectations by investors after a bear market.)

Zidane picks up the mantle again as a Value Investor.

Patience & Decision making is key to success..

He has never harmed his reputation after lot of things went wrong with the club in the current season.

The Club's President,Fans & Players are looking forward for him with breath of fresh air..

I will end with WARREN BUFFET's famous quote which the FRENCHMAN(ZIDANE)has executed perfectly..

"Be fearful,When others are Greedy,Be Greedy,when others are fearful".




Also note...
Zidane is not GOD or 100% perfect.
As player...he acted on impulse and headbutted opposition player Materazzi in 2006 World Cup finals and regeretted later for a long long time. Just like Retail Investors do.....getting carried away by Bull Markets and trying to do something like a Superman!!



We are here talking about Zidane the Coach and not the player.

Investors shouldn't react like the Football player Zidane or RM FC President Florentino Perez..

They should react like the Coach/Manager Zinedine Zidane..

Fantastic transformation in the behaviour from a Player to a Coach..
👏👏👏


The story of Zidane the player and Zidane the Coach also shows that an ADVISOR is an absolute must.
An Investor behaves like Zidane the player.
But under an able Advisor...he transforms himself and becomes much matured.
You, as an investor, cannot learn all the lessons AFTER MAKING THE MISTAKES BY YOURSELF.
That would be pure disaster.
An Advisor would have seen all such mistakes made by innumerable investors and would have drawn a blueprint of
WHATS GOOD AND WHATS NOT GOOD for investment.
you need to follow the Advisor for your benefit.



If you do not know when to enter and when to exit....
just follow 

a) Your Advisor
or
b) Asset Allocation. 


All the best...
Regards, 
Srikanth Matrubai


========================================================================================================================================================================================================================


We Professionals too need a break and as Financial advisors its all the imperative that we took regular breaks.
On Similar pattern, I am also a member of a Sports Group in Whatsapp where we discuss almost all sports thats happening on the Planet with lots and lots of passion.

Sometimes, our DNA of Investments does come into picture and we tend to compare the sporting events/achievements/failures to Wealth Creation.

Our group has experts across the Sporting spectrum and most importantly the entire group consists of only those associated with Wealth Creation and hence the perception is completely different from the normal routine.

In our group one Mr.HARISH KUMAR is absolutely brilliant in his analysis.
The above is one of his analysis in the group.
With his due permission, I have posted the above.

Thank you HARISH  for being gracious enough to let our readers get the connect between Zidane and Investment!!!!





Also visit http:/http://https://t.me/MutualFundWORLD/

Tuesday, January 8, 2019

LIFESTYLE INFLATION ARTICLE IN PROFIT PLUS

The Good news continue to flow in the new year 2019 too....
Your wishes has ensured that my articles continue to get published across.
This is a new article on LIFESTYLE INFLATION published in Kannada Magazine
PROFIT PLUS


http://www.goodfundsadvisor.in/2018/05/beware-of-lifestyle-inflation.html/


LIFESTYLE INFLATION the BIGGEST
 "HITA SHATRU"  
(an ENEMY who acts as a Friend but is actually plotting your downfall)!!




The Biggest reason why LifeStyle Inflation happens is because YOU “COULD” and not because you “NEED” TO!!!”




Read this article too https://www.goodfundsadvisor.in/2018/06/financial-lesson-from-pharaohs-dream.html/ Read my article on LIFESTYLE INFLATION...












Request all my Kannada readers to consider subscribing to the magazine PROFIT PLUS....it should be very beneficial. I have attached the Subscription details

  Also visit
https://t.me/MutualFundWORLD/

Monday, January 7, 2019

Wealth Creation in 2019


Greetings,

Short Term is like Weather, Very unpredictable. 
Long Term is like Seasons....reasonably predicatabile. 

2018 was a year of mixed bag. In fact, was more of a Disappointment in terms of returns. But, the Indian economy did really well when other economies around the world are struggling.

When I look back at 2018, I am reminded of 1992, 1999 and 2007.  I have seen this kind of severe fall many times...especially 2008.

Each of those years, the markets tanked big time and we re-learnt again and again that having a Balanced Portfolio makes sense.

Hand holding is of prime importance in times when the market is on fire (both upwards or downwards) and even though the Sensex/Nifty may show 6% UP...the MELTDOWN in Midcap and small cap of more than 24% has wiped out 2 years gains of most portfolio. And obviously, investors and not novice ones only....even the experienced ones....PANICKED.
Remember, No one has achieved anything in this world by panicking.

The years that followed all these BIG FALL year of 92, 99 and 2007 has made us learn and relearn that Wealth is created (rewarded, would be better word) to only those who stayed put and infact invested further during these bearish times,  not only regained their profits but minted Wealth in just couple of years time.


These falls are more like a cold/flu which will disappear over a period of time. Sadly, many investors, consider these as some kind of a VITAL ORGAN failure and run away from them selling everything lock, stock and barrel even at a huge loss.
And, then tell everyone they know that Stock Markets is only a Gambler's den.


check this image and link....

//https://cafemutual.com/news/investor-studies/12589-how-srikanth-matrubai-rebuilt-nris-trust-in-equity/


I had asked this particular NRI  investor to discontinue some funds and start fresh ones and he not only regained his principle back but even achieved his goal of settling in Australia....
All this by staying invested and increasing his investments.



Equities is Lifeline to Creating True Wealth.
And life has its ups and downs.
You dont get rid of life just because downs are more in recent times...you do wait...dont you?

REBALANCING IS VITAL ....DONT IGNORE IT

As you would have observed, I keep encouraging rebalancing your portfolio and this is only to ensure that the portfolio is less volatile and make good decent returns.

Timing the Markets perfectly is as likely as winning a Lottery, hence its much more prudent and intelligent to construct portfolio which ensures that volatility impacts the portfolio at the minimalist level and and growth too is completely captured.

Towards this, we at SRIKAVI WEALTH, are now encouraging our investors to strongly look at investing some portion of their money in markets outside India.
Portfolios with international equities have historically had increased return and decreased risk. Many times international equities zig when domestic equities zag.

Saving and investing for your goals takes perseverance and consistency.
And as the years go by and time passes, hard work pays off.

I personally would advise you to seriously start looking at improving your RETIREMENT READINESS.
In fact, this should be your primary objective for 2019.

One thing which I am forcing every single investor of mine to FOCUS on 2019 is ESTATE PLANNING.
Estate Planning includes your living Trust, Will and Power of Attorney.
Please do check nominee details in ALL your investments, insurance, Bank Accounts, Demat Accounts, etc
Especially Bank Accounts.
As I have observed that many would have opened their Bank accounts long long back and would have their brother/sister and in some cases, even their parents as nominees!!

As a Investment Professional, helping my investors  prepare for and live your retirement is one of our highest priorities.  With planning and discipline, retirement can be the best years of your life.




Wish you all the very best in 2019.
Remember, Equities is the BEST asset class to create True Wealth.
But, its full of volatility and requires not only deep knowledge but patience.
Hence, you are strongly recommended to contact a Good Proved Advisor and retire with Freedom...Financial Freedom.
Never, fall into the trap of Direct.
Dont become PAISA WISE RUPEE FOOLISH.!!!!!!

All the best,
Srikanth Matrubai
CEO,
SRIKAVI WEALTH








Also visit http:/http://https://t.me/MutualFundWORLD/

Tuesday, January 1, 2019

CROREPATI KA ZAMANA GAYA!!!

The show KAUN BANEGA CROREPATI fueled imagination of the India Public like never before.
Everyone started dreaming of becoming a Crorepati
Mutual Funds, Insuance, Banks started campaign using the word CROREPATI and inducing the public

BECOME A CROREPATI IN 20 YEARS....INVEST XXX AMOUNT EVERY YEAR AND SO ON....


Lets first understand what is this CROREPATI...


Lakhpati - 100,000 (Hundred thousand)

Crorepati - 100,00,000 (Hundred lakh)
So, 100 Lakhs is CROREPATI...

So....what happens here.....many of you do go ahead and invest in that ATTRACTIVE mf, ulip or whatever which promises 1 crore and make you a CROREPATI in 20 years.

Sadly, we tend to forget the VILLIAN which prevents us becoming truly rich....INFLATION!!!

The average inflation for the past 30 years has been more than 6%
So..if I consider this...than the value of Rs.1 crore in about 20 years will be just Rs.31 lakhs of today's money.
Definitely a thought to ponder over seriously.
So...you seriously need to consider whether you will be happy with being just a CROREPATI or should look at something bigger.

One more point to be noted is....that the number of Crorepatis is increasing year after year.
India itself added 31 Crorepatis in 2017 alone.
And India has the 3rd Highest Crorepatis in the World. 
India already officially has 259 CROREPATIS and the number is increasing dramatically.

So...if you are a Crorepati or do become one very soon.....it will be NO BIG DEAL. 

Bas....Crorepati....Us Se Kya Hoga? will become a common day to day dialogue!!!!

Sad reality but the earlier you understand the ground situation ...the better for you.
So...definitely

CROREPATI KA ZAMANA GAYA....



So...what next?
Obviously Arabpati....


Arabpati??
Whats this Arabpati?
Arabpati is 100 crores...
Arabpati - 100,00,00,000 (Hundred Crore)






Maybe too much as Rs.100 crores is a huge huge number
There is no number in between Crorepati and an Arabpati.

So...I would say WHY NOT???

Why not target ARABPATI???

Impossible???
No...not impossible
(Remember, people were telling that CROREPATI is impossible about a decade back and now almost everyone is on their way to becoming a Crorepati in very few years time)


Remember, 100 years no HUMAN had climbed Mount Everest. 

It took so many many years to break the Mental Barrier. Yes...it was more of a Mental Barrier than a Physical One. 

But, once 1 person had climbed.....the pick started and now hundreds have climbed the Everest.
Even a  Amputee has climbed (BRAVO! HATS OFF TO HER). And so many Handicaps too have managed to do what was impossible even 70 years back.
And in fact, there is a restriction on how many can climb every year!!!!

Has it become easy?
No...the Mountain has not shrunk....its just the Mental Barrier...
If one can do...I can do .....this thinking has made them do this....
so...if 259 Indians have become Arabpatis...why not you and me?
Yes...it may take more time for us but if we do target the same and invest prudently....WE TOO CAN BE ARABPATI. 

I will definitely become Arabpati.
Will you??

See...when a student comes to learn Archery...his Guru tells him NOT TO AIM AT BULL'S EYE
Yes...
The Guru tells him to Aim slightly higher than the Bull's eye. 

This is because GRAVITY pulls down the arrow's path and if it is aimed ABOVE the Bull's Eye.....automatically the Arrow would hit the Bull's eye.

Yes...ARABPATI may be too high and may seem near impossible but if you do aim for it...you never know....you would reach somewhere close and it is defniltey better than being a Crorepati or even a Multi-Crorepati. 

Think over it....


BTW, for your information, An Arab (100 crores) in 40 years would be worth (at 6% inflation) today's Rs.9.7 crores.....
So....It does definitely makes sense to become an Arabpati. 


Have a Great 2019.
Aim for a Bigger Target.
You will reach at least the one you originally intended for.


One more useful information for you...before signing off....

And, after Arabpati...there is more....
Kharab – 1,00,00,00,00,000

Neel – 1,00,00,00,00,00,000

Padma – 1,00,00,00,00,00,00,000

Shankh – 1,00,00,00,00,00,00,00,000

Maha – Shankh – 1,00,00,00,00,00,00,00,00,000


And...maybe in about 10 years time...I may well be wrting an article titled ARABPATI ka Zamana Gaya!!!!


And maybe in about 20 years time....the article may be titled KHARABPATI KA ZAMANA GAYA!!!

But, regretfully, I will not be around to write NEELPATI KA ZAMANA GAYA....
My grandchildren, surely, will have that priviledge!!!



BY THE WAY.....IF YOU DO INTEND TO TARGET BECOMING A ARABPATI.....

YOU NEED TO INVEST JUST RS.43,390 @15% FOR 40 YEARS AND LO! YOU ARE AN ARABPATI

ALL CALCULATIONS AT 15%
40 YEARS - 43390
30 YEARS - 177564
20 YEARS - 753538 
all figures are per month

The most achievable is 40 years and you are there...
Remember....most mutual funds and equities have given upwards of 16% CAGR and some have given upwards of 18% CAGR for more than 20 years now....
you just need to find a good guide to ensure that you choose the Right fund / the Right stock and you will reach the target. 


 Wish you all the very Best....
Have a Great 2019.
We are enriched with your association and hope to see more of mutual ABUNDANCE in the years to come.
Money, Richness, Wealth will come......by default. 
Its the relationship, trust, friendliness that's more important.
And that has been plenty with you.
I am sure, like our Investments, our association too will see a huge COMPOUNDING growth.
Once again, have a GREAT 2019.

SRIKANTH MATRUBAI
SRIKAVI WEALTH


PLEASE DO NOT MAKE THE MISTAKE OF INVESTING DIRECTLY AND TRYING TO SAVE A FEW PAISA AND LOSE LOTS OF RUPEES.
FORGET ABOUT BECOMING ARABPATI...YOU MAY EVEN FAIL TO BECOME CROREPATI!!!!
DO NOT BECOME PAISA WISE AND RUPEE FOOLISH. 


Also visit http:/http://https://t.me/MutualFundWORLD/

Thursday, December 20, 2018

LEARNING FROM MUKESH AMBANI'S DAUGHTER'S WEDDING




There is a huge bombardment of articles, posts, trolls on Mukesh Ambani's daughter.
Its his money folks and he has every right to blow that money in whatever way he wants.





The only concern I have is....people LESS RICHER than him will start upgrading their spending on Weddings and get caught in a Financial Mess.


WHATS MARRIAGE ACTUALLY ABOUT ?

The marriages is a ritual of two individuals union and starting life afresh as Couple

In India, for centuries, Weddings have been an union of two Families.
Its a declaration of love and affection between two families getting together.

The Digital Age with its info on BIG FAT Weddings of the RICH AND WEALTHY has revolutionised the way marriages are being conducted these days.
.





MARRIAGES HAVE BECOME AN EXCUSE TO SHOW OFF : 

Now a days it is trendy to have Custom Weddings be it
Destination Weddings,
Royal Weddings,
Beach Weddings,
even Sky Weddings!!!
Every other couple (even the parents) want their WEDDING to be something Different and bigger than the recent one.
So, it has to be latest Designer clothes, the Candid Photographes, the Best of Mehandis, Imported Flowers, Larger than Life MENUs from across the Globe.....!!!!

ITS NOW THE AGE OF LARGER THAN LIFE WEDDINGS, CLEARLY BECOMING AN EXCUSE TO SHOWCASE YOUR WEALTH

And, know what, the most unholy of all (at least for me) is the RETURN GIFT.
This is where the HOST wants to SHOW OFF and sky is the limit nowadays.
Going overboard would be an understatement.



SPENDING TO "OBLIGE" THE SOCIETY
Couples as well as Parents need to be practical and grounded.
It is we who are responsibile for our requirements, not the society
We need to save for our requiremens, society will not.
So, why do you need to SPEND Lavishly just because your cousins have done it.
Never get into such a trap.
Spending MORE than your capacity will land you in serious Financial Trouble later on.




Also read http:/http://https://www.goodfundsadvisor.in/2017/05/planning-for-your-child-marriage-read.html/

LEARNING FROM AMBANI WEDDING


\
Mukesh Ambani's net worth is upwards of Rs.3,15,000 crores and he could afford to spend Rs.800 crores on his Daughter's marriage as this amount is just a small peck on his networth.
Yes...just a small peck....about 0.23% of his networth.

We should learn something from him.

Look at us...
We spend on marriages 50% to 100% of our
savingS..

Many people also take loans for marriage..
We should learn from these rich people..
How simple and sober marriage that was..!
No foreign destination wedding..
No rented marriage Hall.
Whole ceremony in his own house..
Reception also at his own garden (Jio garden)
The guest themselves were serving food..
Such a small close-knit family function..

Take a leaf




But, I have seen many people spend recklessly, even about 20% of their networth on a single marriage.
In fact, some even take LOANS to SPEND on Marriages!!!!
According to me, it should not be more than 1% of your Networth
YES....MARRIAGE SPENDING SHOULD NOT BE MORE THAN 1% OF YOUR NETWORTH.
If you are under obligation, want to show off....even then....try to ensure that it is not more than 5% of your Networth.

Remember, YOU are the one who has to RE-EARN all that is spent, especially if you have lots of financial commitments.
Society will NOT come to your rescue. They will be the one later BLAMING you for spending recklessly on the marriage (of course, after enjoying those lavish Buffet spreads and the Return Gifts).
Gyan Givers will be dime a dozen post marriage.

Well Wishers, like Srikanth Matrubai, will be rare who will give you gyan before spending your Hard Earned Money!!!

ASK YOURSELF BEFORE SPENDING

Do you really need to spend that much?
Do you really need to show off?
Are you truly under obligation to have that 500 varieties of Food on the Menu?
Are those Imported Flowers/fruits really required?
Is this the only way My reputation/prestige go UP?


AND, IT GOES WITHOUT SAYING, HAVE A SEPARATE GOAL FOR MARRIAGE......AND THEN, WHY NOT......YOU CAN EVEN GO FOR A LAVISH GRAND SPECTACULAR UNPARRELLED MARRIAGE.




Also watch http:/http://https://www.youtube.com/watch?v=D9_uiMOdTnM/







Yes...
A Lavish Wedding can be yours and completely stress free both mentally and financially if you plan well in advance and have a SIP towards that.



Finally, wherever possible, try to give gift to Newly Married couples Equity Shares, Mutual Funds as GIFTs rather than fancy SHOWOFF articles which will be banished to Corner of the Room within no period.


Equity Shares and Mutual Funds will help the couples in their Finances and who knows just your Gift itself could grow to such a huge corpus that they can spend that Mutual Fund / Shares amount on their Children's Marriage!
Just imagine how thankful they will be to you.



Think over it!

Wish you all the very best.

Regards,
Srikanth Matrubai










Also visit http:/http://https://t.me/MutualFundWORLD/





This post has been inspired by the huge number of messages, posts, jokes on the famous AMBANI family marriage.....there may be some points taken inadvertently from these posts.
We acknowledge them