Investment
Quote of the day
“Compound interest is the eighth wonder of the world. He who understands it, earns it. He who doesn’t, pays it.” – Albert Einstein
Why Us
Most of investors could not manage their portfolio well due to following reasons
- Lack of expertise
- Busy Schedule
- Lack of awareness
Investment management is a full-time job that requires a lot of attention and frequent monitoring.
It’s better to outsource it to some professional who can manage it on your behalf and while you
concentrate on your career and utilize the free time enjoying your hobbies and spend time with your loved ones.
So why wait, come join us
Investment
The objective of the investment is to optimize the portfolio returns, all your hard-earned money if not invested the right way will tend to lose its value over the years due to inflation, hence it is equally important to save your hard-earned money in the right channel to grow it further and let your savings earn for you as well.
While there are many thumb rules, the most popular being 50:30:20 split while 50 is your average monthly expense, 30 is for your long term savings and 20 for is your savings for short term objectives, it highly depends on the current profile, needs, and objective of the investor.
We believe that the right way to save is to follow Income – Savings = Expenses, the best way to determine your savings component is to pen down the objectives, quantify them and define the timeline and track it regularly.
The first rule of investment is to diversify, there is a famous saying that doesn’t put all your eggs in one basket. i.e one should avoid any concentrated portfolio which consists of few stocks or funds.
Insurance
There is a famous quote saying ‘If you do not have the right insurance cover, basically you are just saving your money to pay a big medical expense in the future. ‘
Insurance is the most critical yet ironically the most ignored part of the portfolio. An appropriate Life insurance cover will financially protect your loved ones in case of unfortunate events and a Health cover will safe guard your hard earned money in case of any hospital bills in case of eventuality.
It is highly recommended to do it when you are young and healthy to enjoy lower premium for life and get some continuity benefit but its never too late to go for it just in case if you haven’t opted for one yet.
2020 pandemic is the best example of how critical a right insurance cover is, we all must be knowing at least one family where many amongst them hand to go under the treatment of covid19 and insurance cover was either zero, low or insufficient and had to burn their savings.
Hence, insurance is very critical because any major event can drill a hole in your portfolio and drench your savings for the last 1-2 yrs or may be more.
Tax Planning
There are many ways an individual can save taxes. Firstly, the income earned from various sources can be adjusted with some of the investment avenues and deduction which can curtail the overall tax outflow.
There are ways to restructure your salary and many new age companies and start up are open for customised salary structure to help you save taxes and/or increase your in-hand income.
Investments can also be diversified and classified amongst the family member depending upon the tax bracket they come in to reduce the overall impact of taxation.
Overall, tax planning is a complex and time-consuming exercise which we help to guide and assist you to optimise your tax outflow.