Wealth of Wisdom - WOW

New Asset Class being introduced by SEBI. Placed Between MF & PMS. 👌 Excited 😆☺️😊😌

Raj and Meera, a couple from Jaipur, wanted a comfortable retirement, especially for Meera if she outlived Raj. They knew saving wasn't enough, they needed their money to grow. Raj wanted Meera to be financially independent, not relying on their children. He met with a financial advisor, Mr. Srikanth, to explore investing in mutual funds. Srikanth stressed the need for a diverse portfolio to generate steady returns. Together, they created a plan tailored to Meera's risk tolerance, aiming for long-term growth and stability. Over time, they carefully managed Meera's investments, reinvesting dividends and adjusting the portfolio as needed. Meera's wealth steadily increased. By the time Meera retired, she had a substantial nest egg thanks to their smart investing in mutual funds. She was financially secure and independent, a testament to the importance of planning for your spouse's future.

Raj and Meera, a couple from Jaipur, wanted a comfortable retirement, especially for Meera if she outlived Raj. They knew saving wasn't enough, they needed their money to grow. Raj wanted Meera to be financially independent, not relying on their children. He met with a financial advisor, Mr. Srikanth, to explore investing in mutual funds. Srikanth stressed the need for a diverse portfolio to generate steady returns. Together, they created a plan tailored to Meera's risk tolerance, aiming for long-term growth and stability. Over time, they carefully managed Meera's investments, reinvesting dividends and adjusting the portfolio as needed. Meera's wealth steadily increased. By the time Meera retired, she had a substantial nest egg thanks to their smart investing in mutual funds. She was financially secure and independent, a testament to the importance of planning for your spouse's future.

Never buy mutual funds in your demat. 3 reasons for this - 1. You cannot switch to another platform (whether you buy Regular or Direct plans). 2. Brokers can adjust any charge against it and will surely charge pledge / unpledge charges on your mutual funds if you trade regularly. 3. Keep your mutual fund folio seperate to stay disciplined with different life goals. You anyways get a e-CAS to see all your investments in one place and getting a single capital gain statement has absolutely no advantage..... Twitter

Watch out for fake India Post delivery messages! Scammers are sending texts that look like they're from India Post, saying your address is incomplete and you need to update it. Don't click the link! It's a scam to steal your information.

📱 *A new scam targeting Android and iOS users in India has come to light. The scam involves fake delivery messages that seem to come from India Post, the country's official postal service, but are actually sent by cybercriminals.* ➡️ The details of the message spoke of incomplete address information and a link to update it within 48 hours to avoid the package being returned. ➡️ Do not click on the link if you receive this message.

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In 1998, Reliance Industries had a total market capitalization of only ₹13,000 crore. Despite significant setbacks, including the division of wealth with Anil Ambani and other challenges, the company has reclaimed its position as a leader in business, profits, and revenues. Recently, ₹5,000 crore was spent on the wedding of the founder's son. Twenty-five years ago, the company's yearly profit was ₹300 crore; now, it earns that amount in a single day. Warren Buffet once said, "The worst thing that can happen to any business is laziness." Reliance Industries started with just ₹1,000, one chair, and one employee. Today, it has grown into a company worth ₹20 lakh crore, employing over 200,000 people. The lesson here is clear: efficiency, skills, and visionary leadership are crucial for success. Wealth must be used wisely, as stated by Forbes. In contrast, companies like MTNL have declined Always prefer working with outstanding people

Reading Good Books & implementing ideas from that books propels your life to a different level Read the Amazon Best Seller WEALTH OF WISDOM https://amzn.to/3GZN3k4 WEALTH OF WISDOM