Excellentiam Financial Services

03/02/2022

It is interesting to see that the Finance Minister included cryptocurrencies taxation rates in upcoming Indian Union Budget Announcements. It is welcome news for some as it legitimizes crypto operations in India, although it may not be intentional.
It’s unlikely to add any revenue shortly, as all significant crypto exchanges operate outside India. Comprehensive legislation is the solution in the long run. The GOI doesn’t want to encourage or discourage crypto activities. At the same time, GOI gave room for blockchain-based innovations…

15/01/2022

Why these people will never be Rich?

1. Believing that 9-5 job is the only way of life
2. Making career choice based on Society & Parents
3. Being too scared of failures to do anything
4. Taking advice from unsuccessful people
5. Focusing on Saving instead of earning
6. Assuming rich people just got lucky
7. Failing to make any Investments
8. Not setting any financial goals
9. Spending more than they earn
10. Constantly making excuses
11. Not learning new things
12. Lacking self-discipline
13. Most people actually never try at all.
14. Most people have a conformist mindset
15. People who are scared of failure
16. People who complain
17. People that don’t hold themselves accountable
18. People that quit too easily
19. Not investing in yourself
20. Growing complacent in your professional life
21. They waste their precious hours blaming others instead of work on themselves
22. They prefer not to lose their money instead of win
23. Believe that every business opportunity is “a scam”
24. Think that you are not good enough
25. Think that success is for privileged people
26. The most important is the mindset

“If we command our wealth, we shall be rich and free. If our wealth commands us, we are poor indeed.”- Edmund Burke

26/03/2021

16/03/2021

Pure sales Job ( fixed and variable
Pay )
All investments and Loan products
Health Insurance as cross sales

16/03/2021

Cryptocurrency is a form of payment that can be exchanged online for goods and services. ... Cryptocurrencies work using a technology called blockchain. Blockchain is a decentralized technology spread across many computers that manages and records transactions. Part of the appeal of this technology is its security.

06/03/2021

To Start you may check these parameters:

1. Market capitalisation should be at least more than Rs 10,000 crores.
2.Operating profit margin more than 15%
3.OPM= operating profit/sales revenue
4.Profit growth for three years should be more than 10%
5.Things to keep in mind-How to conduct long term investing?

Pick a few financials, look at qualitative aspects like management quality, ethics and CSR activities, and assess them based on historical information and over three years or more.
Filter companies, according to their market cap and pick leaders from respective industries which have shown proven long-term sustainable performance.
Align your risk level with the risks of the company. Conduct a business and industry analysis to understand industry-specific factors and risks.
Invest in a company only if you understand the company and what it does.

04/03/2021

Open Digital account to invest online through ICICI Securities in the following links :

04/03/2021

1- Equities
2- Fixed Income ( bonds FD etc)
3- Cash or Cash equivalent
4- Metal ( Gold Silver etc )
5- Real Estate
6- Art, Sculpture

23/02/2021

“I will tell you how to become rich. Close the doors. Be fearful when others are greedy. Be greedy when others are fearful." — Warren Buffett