Long Term Wealth Creation and Planning in Nagpur (1)

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Long Term Wealth Creation and Planning in Nagpur
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About Us
Shyamalan Rao Kishan Rao Ambekar, has
successfully completed his 37 yrs of service in
STATE BANK and has served in different roles from
Clerk to Desk Officer, then from an Accountant to
Deputy Manager. He has gradually improved his
skills through the trainings organised by the
Bank and worked so hard. After his retirement, he
proved that nothing can stop him from taking a
step forward to learn to earn. He has joined
Birla Sunlife Insurance Company as an advisor and
in the brief of 4 years after joining BSLI, he
has been an overachiever with bronze club member,
gold club membership, branch manager club
membership, zonal manager club membership and
regional zonal manager club membership and has
undergone through many training throughout his
tenure in ABSLI. He also owns a license from the
Association of Mutual Funds of India (AMFI). In
feb 2016, he moved to Star Health and Allied
Insurance Co. Ltd Nagpur branch no 2 and has
attended all the training organised by the
company regarding Health Insurance.
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Long Term Wealth Creation and Planning in Nagpur
Best Financial Advisor Provider Cycle of
abundance creation begins with defining monetary
objectives. Monetary objectives are your
objectives for a particular monetary need. A few
instances of monetary objectives are purchasing a
house, purchasing a vehicle, a kid's schooling or
holidaying in your fav objective. Monetary
objectives are distinctive for everybody relying
upon their necessities and need. Long haul
abundance creation requires legitimate arranging
and order in contributing. Arranging your costs
and ventures are an unquestionable requirement
for abundance creation. When you put forward your
monetary objectives, you can begin arranging and
putting away your cash to accomplish these
monetary objectives. Picking the correct
speculation instruments is the second step
towards accomplishing monetary objectives and
long haul abundance creation.
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How to do it?
1. Index Funds (50) When investment time
horizon is as long as 20 years, it is always
better to opt for equity based plans. Why?
Because it has ability to give maximum returns in
such time horizons. But care must be taken to
keep the investment well diversified. Hence Index
funds, through SIP is suggested for us. Pros like
John Bogle, Warren Buffett also suggests index
funds. Read more about index funds here. 2.
Mid-cap funds (35) When investment time horizon
is long enough, mid cap funds give fantastic
returns. Though their price volatility is high,
but for longer time horizons, it works. Start a
SIP in a good mid-cap fund and relax. Read
more about mid cap funds here. 3. Direct Stocks
(15) Why I am suggesting direct stocks, is it
not too risky? Yes it is risky, but there is a
way to manage this risk. How? By investing in
only those stocks which are undervalued. Read
more about how to identify best stocks here.
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Long Term Wealth Creation and Planning in Nagpur
We have laid simple rules to create your
financial goals, rather than complicating it.
Your financial goals should be SMART.
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Long Term Wealth Creation and Planning in Nagpur

• 1. S - Specific - Financial goals have to be very
  very specific, List down everything you need and
  try and make them specific. Eg. I want a car is
  not a specific goal but I want a Hyundai Creta is
  a more specific goal.
• 2. M - Measurable - Now lets assume you know
  which car you want to buy but dont know how much
  it cost, how much you will start saving? or how
  much money you need to buy this car?. Goals have
  to be measurable like I want to buy a Hyundai
  Creta that costs 16 lacs.
• 3. A - Achievable - Once your goals are specific
  and measurable just read them to your self loudly
  twice to make sure they are achievable, Your goal
  cannot be something that is not achievable like I
  want to own 10 Rolls RoyceCars. Goals have to
  proportionate to your income and should keep
  evolving as your income grows each year.
• 4. R - Realistic - Unrealistic goals will take
  unrealistic time and money before they are
  accomplished and will only create unnecessary
  stress, so your financial goals for wealth
  creation should be realistic, your goal cannot be
  owing 1 car of each brand available on earth.
• 5. T - Time-bound - I am sure every one of you
  understands that targets should always be
  time-bound, now in the above example if your goal
  is to purchase a Hyundai Creta for yourself which
  is worth 16 lacs but when ? in 100 years or
  tomorrow?. All goals should be extremely
  time-bound and they should be given a reasonable
  time to achieve. I want to buy a Ferrari in two
  days is not a practical goal, unless you already
  have all the money to buy it.

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Connect with Us
facebook.com/nagpuradvisor
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Contact Us
Address -
24-25 Patil Lay Out Gopalnagar Nagpur
Call. -
91-7588745539
Email -
nagpuradvisor.com_at_gmail.com
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Visit Us
http//nagpuradvisor.com
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Long Term Wealth Creation and Planning in Nagpur

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