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 

Sunday, December 16, 2018

BITCOIN BITBIDI.....THE BALOON BURSTS!!!

The mantra for my investors for the past 24 months has been #BITCOINBITBIDI (meaning leave Bitcoin alone)
I have been relentlessly behind my investors to avoid Bitcoin inspite of innumerable articles and posts.

This is what I had shared to my investors on DECEMBER 1, 2017.

Exactly 1 year ahead....BITCOIN IS 80% DOWN AND has been shutdown for the past 7 weeks.

Patting on my back!!
Yes. Of course.
But also, encouraging you TO AVOID Headlines.

Just stick to your Goals and Asset Allocation.

Your Financial Advisor knows best on what to do and what not to do!!!

The article went something like this...

CRAZE OF THE MILLENNIUM .....the BITCOIN!!

Then comes one more investor Mr.MPS and sends me a Newspaper clipping which says BITCOIN gained $1000 in 1 single day and asks me 
"Why did you not recommend me this....??
You are talking about SIPs which give me returns after 10-15 years but look at this...it has given in 1 day what your SIP will not give even in 1 year"!!!
I said :"MPS Bhai...


Is Bitcoin regulated? My God....NO!!!

Is Bitcoin a commodity? ....NO!!
Is Bitcoin backed by any Tangible Asset?....NO!!
Is Bitcoin a Currency?....NO!!
Try paying your Income Tax with it and you will understand..
Is Bitcoin easy to understand?...NO! Even JP Morgan's CEO Jamie Dimon acknowledged that he didnt understand Bitcoins and says Bitcoins is worse than Tulip Bulbs!
If Global Banker doesnt under BITCOIN...will you and me understand it?
Do you want to buy something you dont understand?? NO...right...then why SPECULATE..

Is Bitcoin regulated?? ....NO!!!
No SEBI, No RBI, No FED to regulate...If someone frauds you in Bitcoin...you dont have anyone to turn to complain to and get back your investment..... You want to invest in something where there is no one to go to in case of a fraud?? NO...right..then stay away
Even RBI in its Feb 1, 2017 release has clearly stated that it has NOT ISSUED LICENCES TO ANY COMPANY TO TRADE IN ANY VIRTUAL/DIGITAL CURRENCIES. 
RBI has rubbed its hands off the matter by clearly mentioning that those doing so will be doing at their own risk!!


Finally, Dear Investor....BITCOIN or for that matter other Cryptocurrency are being used by Hawala dealers, Terrorists as its very very difficult to track those who trade in them. 
So...if you want to contribute to the TERRORISTS...go ahead and invest in BITCOIN. 

Having said this....Cryptocurrency could become legal going forward and could come under regulation but till then I follow the principle of A BIRD IN HAND IS WORTH MORE THAN 2 IN THE BUSH!!

For me, BITCOIN is a game of GREATER FOOLS THEORY. 
Someone buying only in the hope that there will be another person who will PAY MORE for it and this cycle as long as its running the dance goes on. 
The moment the music stops we may well see LOTS OF BLOOD on the street.



You seem to be trapped in the FOMO syndrome ....FEAR OF MISSING OUT ....This is where majority of people lose money....
The cream is already gone...who knows whats in store


Remember the Japan Stock Market....
It has still not touched its Life Time High even after 28 years!!!!
You could just get trapped in exactly such a case


Relax. 
Play a game of Pokemon Go or Angry Birds and enjoy the weekend. 
Lets talk about some REAL investments next week!

Let the excitement settle....
Let the regulations set in place"""





As I said...numbers can be presented as one wants.
Attention seeking is the name of the game.
Do not fall into such a trap.

IGNORE THE HEADLINES.
STICK TO THE BASICS
STICK TO YOUR FINANCIAL PLAN.
STICK TO WHAT YOUR MUTUAL FUND DISTRIBUTOR TELLS YOU.


He knows what funds fit into your risk profile, time horizon.

Good luck,
Regards,
Srikanth Matrubai



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

Sunday, November 18, 2018

SIP is a good EMI. Here's why...

MATRUBAI'S MUSINGS!!!
✅🔼◀💹📶⬆✅


Every time you borrow money, you’re robbing your future self.


WHY NO TO EMI??
Here's why....
%age of people killed by

Thyroid 0.01%,
Cancer-4%,
TB - 8%.
Heart attack -16%.

*EMI -32%*




Before 1970 - word EMI was not existing.

So was word - Stress.

To lead a stress free life -  Teach Children Frugality – ( data as *Shared by Dr. Velumani, Thyrocare*)

Do SIP
EMI kills
SIP thrills
Do REVERSE EMI by investing in SIP

WHY SIP and why not an EMI....
Lets see the points...


1.
By investing in SIP...you are actually CREATING a corpus wherein you can buy ASSETS with your own instead of BORROWED future earnings which can be hugely stressful.
Know what....SIP will also help you benefit from COMPOUNDING and actually create WEALTH
An EMI will do the reverse......your money is GONE....the asset you bought is depreciating and the all the future earnings are not being enjoyed by you but going to service the EMI.


2.
One of the worst decisions that many make is
TAKING A VEHICLE ON EMI
By the time your EMI ends (normally 3-5 years), the price of the vehicle would have become more or less ZERO due to depreciation and you need to go for an EMI again!!

3. A Sip can always be STOPPED in between in case of any financial difficulties you may have but an EMI cannot be stopped. If you skip paying any EMI...the charges and penalty are levied and you are burdened even more!!




Think TWICE before going for an EMI





Which is better?
EMI or SIP?
What kind of person you are, determines which to choose.


Is it?
You :
Save, only where there is a forced liability-EMI
Save, with a purpose and goal in mind-SIP
Save, only to meet a Lifestyle-EMI
Save, to meet Your Life Goals-SIP
Asset depreciating, in Value-EMI
Asset appreciating, in value-SIP
There are many.
You decide.
You choose.
EMI or SIP :-)
SIP IS A GOOD EMI


Do not stop your SIPs during times when market comes down. 
Keep continuing your SIP. You get allocated max units when market comes down. 
Which, in turn, gives you the highest return when market goes up, which it eventually does.


SIP helps you
1. in Developing Financial Discipline by inculcating the habit of SAVING.

2. Your Financial dreams can be achieved with your OWN money and not borrowed money

3. NO STRESS!!!!!!!!!!!!
EMI results in DEBT

4. NO need to worry about Market Levels as SIP buy MORE at lower levels and buys less at Higher levels.

5. Helps you to enjoy POWER OF COMPOUNDING


6. VERY IMPORTANT - WITH AN EMI, YOUR COST IS ALWAYS HIGHER. WITH A SIP, YOUR COST OF A PRODUCT THAT YOU PURCHASE IS ALWAYS AT ACTUALS and sometimes even at a Discount as a Seller always prefers Immediate Money and Later Money (like an EMI).

7. In an EMI....you PAY interest....
    IN a SIP........you EARN Interest

8. You have NO control once you take the EMI....
For every little change in your life like changing a job, changing your residence, buying another asset....you will have to think so many times due to your unavoidable, must pay EMI

9. Control over Asset Allocation.
Once you have taken EMI...you cannot change the Asset and the debt outgo will be there
With a SIP, you can always cpntrol where to invest (Equity, Debt funds, Gold funds, International Funds, etc)

EMI is PRISON 


SIP is FREEDOM.


Do also read how YOUR HOME LOAN EMI can be made FREE with a SIP....
  http:/http://https://www.goodfundsadvisor.in/2017/04/making-your-home-loan-emi-free-via-sip.html/




if there is any advantage with an EMI is...
1. You get to enjoy the Asset immediately
2. You Know the ACTUAL Outgo every month
Here again....for the 2nd point...if you are displined enough (which you ought to be, for your own benefit)....the actual outgo can be known and even maintained
For the 1st part....DISPLINE is required from the outset and Delayed Gratification will ensure that you dont need EMI



If you are indeed going for an EMI....it only shows that your Financial Planning is not proper.
If planned prudently with the help of a Good Advisor, then EMI should never be a part of your life. Never.

INVEST IN SIPS......MONEY WORKS FOR YOU
GO FOR EMI.......YOU WORK FOR MONEY



Regards,
Srikanth Matrubai,
CEO,
Srikavi Wealth

#srikaviwealth
#srikanthmatrubai
#goodfundsadvisor
#goodfundadvisor





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

Saturday, November 3, 2018

DEEPAVALI (DIWALI) AND INVESTMENT

DEEPAVALI (DIWALI) AND INVESTMENT



DEEPAVALI (DIWALI) is the most loved festival in India...
Young, Old and almost everyone looks forward to DEEPAVALI (DIWALI)

The young look forward to Crackers
The Old look forward to Spending Quality Time with Family
The Middle look forward to Sweets
Shoppers look forward to the OH! SO TEMPTING OFFERS from Companies and Online Websites
And almost everyone looks forward to THE GIFTS!!!!

Deepavali is a great time to have a serious look at your finances.
And, for me, personally, Deepavali has had a strong connection with INVESTMENTS coming from Equity Background (Muhurat trading, et al)



ADVANCE PLANNING :
Since Deepavali (Diwali) is a BIG BIG festival, lots of advance planning goes into celebrating the festival.....

Things like...what to buy, what to sell, what to clean...whom to invite....where to go....what food/sweets to prepare, what new to bring home...what old to dispose of....

Likewise...our Life Goals too need to be planned in advance.
Almost everyone does plan for BIG ones like Child Marriage, Education, etc but tend to ignore the smaller ones like the Annual Fees, Replacing the Car, Upgrading to a Bigger Tv, etc....

These small things play a huge role in denting or improving your Financial position and hence DEEPAVALI (DIWALI) would be a good time to start Planning in Advance for these goals and make your life better.

In Fact, PLANNED SPENDING plays a huge role in improving our Financial Position dramatically. 







CLEANING :
All Festivals, more so DEEPAVALI (DIWALI), start with Cleaning. All that “lets see later” things which we kept on Roof Tops and Corner of Room/Cupboard, come up for a Final Decision are either disposed off or kept in its proper place.

Likewise, every investment you do or have done should have a specific purpose and goal.
Maybe some are for Yearly School Fees,
Some are for buying Jewellery,
Some for Emergency,
Some for Buying Own House







There would be many investments which you would have bought due to pressure from your friendly neighbour LIC Agent or from your Bank Manager. They may be just for decoration purposes and not adding any value. 
You need to sit with your Financial Advisor and recheck whether the investment which you have continues to make sense and what role that investment has in your Life.




PROTECTION : 
DEEPAVALI (DIWALI) is a festival of lights but is also of Crackers, especially with those having Kids at home.

Kids love playing with Crackers and being young, they tend to be bit careless about protection and we, as Elders, always, ensure that they are adequately protected with sufficient amount of Water nearby and keeping an Eagle eye on their movements.



Likewise, our Family too needs protection. Of course, almost every family will have a Life Insurance Policy but is it sufficient?
Many people buy Insurance only to save Tax and not to Cover their Life adequately.

DEEPAVALI (DIWALI) is a good time to sit with your Insurance Advisor and check whether the Insurance you have is enough to take care of your family in case of your absence.
At the same time, it is better to play more safe by having adequate Health Insurance



EVERYTHING NEW
DEEPAVALI (DIWALI) marks NEW in many ways.
We buy NEW clothes, new appliances for our home, we even go to NEW places to enjoy.
Even NEW ways of Donation. Earlier we used to donate clothes but now its a trend to actually participate in some Social Seva including serving in Ashrams.
I truly appreciate this NEW thing.



Likewise, in Investment too, we need to be broadminded and be ready to accept NEW investment concepts.
Debt Mutual Funds is the NEW thing now...FDs are passe.
Gold Funds are the NEW thing now....Gold Chits are passe
SIPs are the NEW thing now.....RDs are passe




FINALLY,
BANISH DARKNESS:

DEEPAVALI festival is well known for lightning of Lamps and Diyas. This banishes the Darkenss.
Likewise....Banish the Financial Ignorance from your life...
Keep reading the Articles, Tweets and posts from SRIKANTH MATRUBAI and empower yourself.
Join the BEST Telegram Channel on Mutual fund run by Srikanth Matrubai called MF WORLD.
Whats more...its FREE to join.....
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Incorporate these things this DEEPAVALI (DIWALI) and have a BRIGHT future ahead.
Let there be no EMI in your life.
Your Investment should have grown so much that you should be in a position to buy everything with YOUR OWN MONEY.
Its possible. Its just a matter of smart planning.

May Devi Lakshmi bestow all readers of PROFIT PLUS with Prosperity and Wealth






I had written the above in KANNADA orginally which is published in the latest issue of PROFIT PLUS magazine.
Its been appreciated by many and I look forward to comments and feedback from you, dear readers.



Have a great DEEPAVALI (DIWALI)



Regards,
Srikanth Matrubai,
CEO,
Srikavi Wealth
08041426247

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












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