Wealth Management is a Key to live a stress free life with Strategic Financial Goals.
Are You Planning safe with Your Money?
What are the Steps and Options?
Where should i consult for Funds&Investments ?
If your Puzzled with these questions , so here is the best way to start with it.
What Financial Experts say about Financial Goals and Strategies ?
The Wealth Management Advisory is now coming into more and more Consideration
in Public and Private Investments because of Social Awareness and Quality
Market Researches. The Competition and terms Transparency now made it more
relevant and profitable for every sector.
Investments are now the part of our Life & Its importance is totally equal to our other Livelihood Needs now Days .
But , Before knowing Wealth
Management , First things should be clear in your mind is that, What is an
Investment actually ?
An
Investment is a process of an investing
money for profit on capital Money.
And
How many Types of Investments options Do we have ?
1. Stock -
A stock is an investment on some specific Company or Business.
Purchasing a stock
means that investor is buying a “share” of that company’s earnings and assets. Investors can then buy
and sell those shares accordingly . But Stocks
are unpredictable due to high Risk
and even sometimes Companies get losses that involves a Trust Issues .
2. Bond -
A bond is a loan , make it to company or government. Purchase of a bond
means we are putting our money in
Investment company and that borrower
company will pay you back with some interest. Bonds are comparably more safer than stocks, but they also gives lower returns. The safer the bond, the lower
the Returns.
3. Mutual funds -
This is the Perfect way if you are not
willing to bag the idea of Stock and
Bond. In fact, Mutual Funds are an investment designed for Every New or Existing Clients. Mutual fund Companies follow a set strategy by Fund Managers , to invest that money of client in stocks or bonds . The
Risk of Mutual Fund involves on how
risky of Investment within the fund.
4. Index
funds -
Index funds tends to cost less because they don’t have that
active manager on the payroll. The risk associated with an index fund will
depend on the investments within the fund.
5.
Exchange-traded funds -
ETFs are a type of index fund: They
track a benchmark index and aim to mirror that index’s performance. Like index
funds, they tend to be cheaper than mutual funds because they are not actively
managed , That matter to many investors, but if you want more control over the
price of the fund, you might prefer an ETF.
Mr. Feroze Azeez, deputy CEO at AnandRathi Wealth Management in interview with CNBC TV18 has said:
“As an investor I should find out what is my
objective and what is the simplest way to achieve that objective rather than
use a complex way to achieve more than my objective,” he added.
On generational wealth management, Azeez said:
“It is not about where you got it from. The strategy should largely depend on
how is it going to be consumed rather than how was it earned. If I am going to
consume it in my lifetime, the strategy is going to be different and if my next
generation is going to consume it, then the strategy would be different.”
He added" “One way of bifurcating your
investment is bifurcating your financial life into two different phases, growth
phase and consolidation phase. Growth phase is to grow your balance sheet. The
behavioral pattern of the human being should change depending on which phase of
life is he in.
"In consolidation phase, real estate does
not have a place because I am consolidating, on a click of a button I need my
money which is not happening in real estate. In a growth phase, real estate has
a lot of meaning.”
So, as an investor, you have a lot of options for where to
put your money. It’s important to weigh them carefully and Take Experts
Suggestions rather taking Risk with your Money without Investment Knowledge.
