Alpha Wealth Financial Advisors

02/05/2019

Words of wisdom from Priyanka Chopra.
Do you also think "Rich people do not need any Financial Planning?"
When I interact with people who have a lot of wealth regarding financial planning, they just say “Why do I need Financial Planning? I have a lot of wealth.” So according to them the celebrities who are millionaires should not have any need for Financial Planning. Right? Let’s see what Priyanka Chopra think about Financial Planning in her words. She says “Financial independence is paramount. My mom always says that when a woman is financially independent, she has the ability to live her life on her terms. I think that was the soundest advice I ever got. No matter where you go in life or who you get married to, you have to be financially independent - whether you use it or not.” I hope the wealthy people also understand the IMPORTANCE of Financial Planning and think towards Financial Independence. The work of a CFP (Certified Financial Planner) is to make their clients financial independent. For me Financial Independence means you are not dependent on your job too.
Please feel free to contact me at 8237100433 or visit my website www.alphawealth.in for any assistance.

30/04/2019

Legendary Investor, $88B

27/04/2019

Why financial planning makes sense?
In India, most of the people don’t have an idea “what does a Certified Financial Planner (CFP) do?” and “why do we need a CFP?” I, as a CFP will explain it with a real story.
Certified Financial Planner are considered as Financial doctors.
Adversities don’t come in knocking your door.
One of my school friend Pallavi (name changed), a divorcee and mother of 4 year old girl was very well off in her job. Everything was going superb. She was enjoying her life to the fullest, the best earning period yet to come. Meanwhile I met her and told her mine being a CFP. I asked her to meet and plan her finances ranging from Investments to Insurances to Retirement and much more. She kept me waiting. After few months, I called her just to ask her well-being. And the story on her side was quite strange. She had left her job due to family reasons, having a lot of loan and credit card bills pending. Her savings had exhausted in household expenses. Now at this moment, without having a job in her hand, she was not having any idea how she is going to manage household expenses, daughter’s school fee and pay liabilities.
Had she consulted me, I would have placed a plan for her for these unseen circumstances in the form of Emergency funds to avoid anxiety and pain in distressed times like these. And doing liabilities management and expenses management beforehand. As there is a saying in Hindi “Bura waqt kah kar nhi aata” or Adversities don’t come in knocking your door. I hope, after reading this story, you understand the need of a CFP. With this I would like to conclude that it becomes necessary to have a Family Financial Adviser just like your Family doctor.
For any query please feel free to contact me at 8237100433 or visit www.alphawealth.in

23/04/2019

Retirement Planning: Humorous or Hardship?
Are you waiting for your 40's or 50's for your retirement planning? You might be heading for a big trouble ahead.

These days when I meet young people who are in their late 20's or 30's and earning, I ask them a simple question. How are you planning for your retirement? They would just simply laugh at me and say: so early? "Abhi to bahut time h" (We have plenty of time). Seriously? Let's dig deep at what you are missing at.

Suppose your age is 30. Let's say your monthly expenses are Rs. 20000. Let's assume your retirement age is 60 years and life expectancy to be 85. Fair enough? Now, do you have any idea how money you will be requiring during you 25 years of post retirement? Let me give you an estimate. It will be around Rs. 3.1Cr (assuming you enjoy the same lifestyle as of now and an average rate of inflation as 6% and 7% rate of return from a safe instrument). Now my next question to you: Do you have any idea how will you achieve this corpus of 3.1Cr and why it will pinch you hard as you delay planning for it?

Let's say you start investing for this corpus at an age of 30 in an instrument giving 15% return per annum. It will take just less than Rs. 5500 per month to achieve 3.1Cr.

Now assume you delay your retirement by 10 years. You start investing at age of 40 years. Now you have 20 years to your retirement. You will be shocked to know that to achieve the same corpus of Rs. 3.1Cr, you need to shell out more than Rs. 23000 (23253 to be exact) per month with the same rate of return of 15% per annum. Just change the expenses figures according to you and you will be blown to see the impact. I hope you will appreciate the idea of investing early and you will not take your retirement lightly any more. For any query and Financial Planning, Please feel free to reach me at +918237100433. You can also visit my website www.alphawealth.in ....Happy Retirement!

Hi, my name is Puran Singh. I am a CERTIFIED FINANCIAL PLANNER. I am an alumni of IIT Delhi. I did my M. Tech. from IIT Delhi in 2014. Prior to become a CFP, I worked in TATA MOTORS, Pune in R&D CAE Department for 3.5 years. I will provide you genuine, comissionless, no-nonsense financial advice bes...

25/03/2019

Want to make more than 5 Crore by investment with just Rs. 5000 per month?
Yes, you read it right. You can make more than Rs. 5 Crore just by simply investing Rs. 5000 per month.
The great Albert Einstein once said "Compounding interest is the eighth wonder of world. He who understands it, earns it ...he who doesn't ...pays it." This is the same essence behind making 5 Crore by investing just Rs. 5000 per month. Let me explain the mathematics behind it. Suppose your age is 25. And your retirement age is, say 60. Now if you keep investing Rs. 5000 per month up to age 60 and your investments yield a return of 15% during these 35 years, then the worth of your investments at the age 60 will be approximately 5.71 crore. Although your total investments were only 21 Lakh, this was the power of compounding which made it more than 5 crore. It may seem quite fascinating on paper but the challenging part is "Selection of an investment instrument" which can give you 15% consistently, it is the toughest job. This is where I can help make this task an easy job for you. Feel free to contact me for quality, no-nonsense genuine advice at 8237100433. www.alphawealth.in

17/03/2019

LIfe Insurance or Trap? Have you taken a Life Insuranc? Make sure it's not a Trap, as 99% of them are. Wondering how a Life Insurance can be a Trap? Let me explain. Traditionally, how Life insurance products are being sold? An insurance agent will come to you and say "sir ye policy le lijiye, bahut achchi policy hai" (sir purchase this policy, it's a very good policy). He will explain the mathematics behind it which I never understood and I am sure even you will not. He will tell you the products in which he has high commissions and which is good for him not YOU. And this is the start of the Trap. The first thing you need to know is: Do you really need a Life insurance or not? Yes, insurance is not always a necessity. Whether you require a life insurance depends upon whether you have family members who are financially dependant on you or not. Let me share a small incident. When I was in Tata Motors, Pune, I had a friend named Midhun. At the time of tax declaration, we asked and forced him to have a life insurance for 80C deductions. But he out rightly rejected, saying why he needs Life insurance when his parents and brother are earning and self dependant? But we were not quite convinced. Midhun was partially right. Why partially? Because, had he decided not to marry, it would have been a perfect decision. But later he married and as the premium of life insurance depends upon age, the premium amount would be more than earlier. Next thing, the amount of life insurance depends upon your assets, liabilities, income and expenses. To get the amount of Life insurance you require, you need to know the present value of your future cash flows (Income and expenses), keeping in mind other factors such as inflation etc., in mind. And this value, an insurance agent can't calculate, but a CFP (Certified Financial Planner). This is the way you should arrive at the insurance amount you need. As this calculation involves Excel sheet, I can't show you the calculation here, but I can definitely plan your insurance if you want me to do that. For any kind of assistance, please feel free to contact me at +918237100433.

Hi, my name is Puran Singh. I am a CERTIFIED FINANCIAL PLANNER. I am an alumni of IIT Delhi. I did my M. Tech. from IIT Delhi in 2014. Prior to become a CFP, I worked in TATA MOTORS, Pune in R&D CAE Department for 3.5 years. I will provide you genuine, comissionless, no-nonsense financial advice bes...

13/03/2019

Are you still investing in the traditional way like bank deposits, FDs etc.? If yes, then you might need to change your investing style.
Why is it not just enough to invest in traditional instruments? Can you think about it? Let me answer it: Just because of the devil: Inflation. Traditional investment instruments generally, are not able to beat the Inflation. If your investments are not able to beat inflation, you are going to have a hard time ahead. This is where share market comes into play. Share market has historically beaten the inflation by a huge difference. But this is also the biggest point of fear in people’s mind. They are highly afraid of losing their hard earned money and who is not? Majority of the people are salaried, who can’t devote enough time to study and track share market. This is where Mutual funds come handy. Mutual funds are managed by well qualified fund managers who have in-depth knowledge of share market. They have a well-managed research team of talented people under them, who devote plenty of time researching the market. Moreover the mutual fund industry is well regulated by Securities and Exchange Board of India (SEBI). The mutual fund industry is also quite transparent as compared to unorganized sector. For retail investors, it is also the easiest way to be a part of a business. And it also serves a retail investor’s basic purpose of beating the inflation. Though it may seem quite simple to invest in mutual funds but as there are 1000’s of mutual funds available, it can be highly confusing and time consuming to choose a mutual fund. And it can also be a wealth destroyer at the same time, if you chose a wrong mutual fund. This is why you need to consult a qualified professional. And your search for the same ends here. I assure you to provide quality, commission-less, no-nonsense financial advice. A good decision can change your life. Please feel free to contact me for quality, commission-less, no-nonsense financial advice.

Hi, my name is Puran Singh. I am a CERTIFIED FINANCIAL PLANNER. I am an alumni of IIT Delhi. I did my M. Tech. from IIT Delhi in 2014. Prior to become a CFP, I worked in TATA MOTORS, Pune in R&D CAE Department for 3.5 years. I will provide you genuine, comissionless, no-nonsense financial advice bes...

08/03/2019

Tax saving season is on full swing. Have you saved tax to the maximum? Are you in haste to invest? Have you decided where to invest or still confused and waiting for the last moment? Life insurance agents approaching you with bla-bla offers? Wait. Just don't fall prey to them and don't invest in haste. They will sell the products which have high commissions and are beneficial to them, not YOU. As there is no free lunch in this world. Take a prudent decision. Just don't get swayed with their sweet talks and claims of returns. Why don't you think of saving tax and generating wealth at the same time? Yes, there are products which are eligible for deduction under section 80C and can give you better returns than traditional saving instruments like PPF, FD etc. These are called as ELSS (Equity Linked Saving Schemes). These have least lock-in period of 3 years as compared to PPF(15 years), tax saving FDs (5 years) and other tax saving instruments. A word of caution: ELSS contain market risk but better returns. The risk factor can be minimized by staying invested for more than their lock-in period (3 years), 5 years is a good period to get best returns. As there a lot of ELSS funds available in the market, choosing a best fund can be a tedious task. I, as a CERTIFIED FINANCIAL PLANNER can help you choose the best one. Contact me for no-nonsense, commission-less, quality financial advice, at 8237100433, [email protected]

Hi, my name is Puran Singh. I am a CERTIFIED FINANCIAL PLANNER. I am an alumni of IIT Delhi. I did my M. Tech. from IIT Delhi in 2014. Prior to become a CFP, I worked in TATA MOTORS, Pune in R&D CAE Department for 3.5 years. I will provide you genuine, comissionless, no-nonsense financial advice bes...

06/03/2019

Hi, I welcome you all on my page. My name is Puran Singh. I am a CERTIFIED FINANCIAL PLANNER.