Raman Pande

Raman Pande The consultancy is bridging the gap between where you are now and where you want to go through a smo

26/11/2020

Health & Finances💪 $
Somebody has said health is wealth.
By all means, it is true, especially in today’s market scenario.
Let's understand how health is connected to your finances.
Family History :
If your parents are ailing from a disease, it's better to get them medical cover. The medical cover can be get before the least entry age passes. The medical expenses for senior citizens could be a huge financial burden.
The previous generation's health issues are important to take notice of. There are chances of recurring diseases may pass on to the next generation. The timely attention can help you take precautionary action.
Your Health :
If you don't have health issues it doesn’t mean you are fit. The health check-up for you and your partner is a must. Following a healthy lifestyle contributes largely to live a healthy and long life.
Losing your savings for paying medical bills does not fit into living a secure financial life.😟
Accidents:
Unfortunate events may cause you to shift to a low paying occupation. Even it may cause you to stop working completely.
The death of the main bread earner affects the regular flow of income to the family.😰
In such cases, the dependents have to use the savings to run the household expenses.
It affects their long-term financial health very badly.😳
Conclusion :
Filling up a water tank with a hole will leave it empty.
Fix the hole & you will have it when you need it.😇
Decide. Plan. Act.

23/11/2020

Which Returns Should You Look At?
Earning money & encashing it when you need it are two important but different things.

There are two extreme points in the economic cycle.

One is the Bearish phase & another is the Bullish phase.
Returns:
Returns of any fund in the bearish phase will be lesser than its average.
Returns of any fund in the bullish phase will be higher than its average
The dilemma is which returns to look at to make a decision?
Availability of Money :
When you need money for your crucial needs, it doesn't matter how the market is?
For example -
The marriage can be postponed or done with limited expenses.
But there are other important events like:

Education of children, Retirement, New business set up, etc.
You cannot postpone such life-impacting financial decisions.

Structure Of Investment :
Building a framework/structure of your investment plan is crucial.
It makes sure the funds will be available when you need them at a specified time.
Of course, nobody can predict the fall or rise of the market.
But there are ways which can help you to smoothly navigate your ship out in a safer zone.
Working on a defined structure is a wise decision.
Decide. Plan. Act

23/10/2020

Which Is The Right Mutual Fund For You?
Does this dress suit me? Does it suitable to buy at this cost?
Don’t these questions come to our mind?
Like any other shopping, you give a thought while investing too.
Let’s dive down to know the factors which help you to select the right mutual fund.
Experience in Money Management :
Age is important as it reveals the experience of money management in your own life. The more experience you have, the more you dig down to the logical reward on the investment.
Dependent Family member’s Responsibility :
The dependent family members' financial responsibility impacts a lot in managing your finances.
The absence of basic financial planning can create a confusing financial situation. The growing children and their rising expenses put a lot of pressure on the parent's pockets. If the elderly are dependent upon you it will be an added financial burden.
Risk Appetite :
The knowledge of the type of risk you are comfortable with is crucial. Can you see the erosion in your principal amount?
If yes to what extent.
Your risk will define the tentative "Least – Most" returns you can get.
Though the returns are not sure but will give the direction to you in your investment journey.
Time Horizon :
The time horizon will decide the selection of schemes.
This factor also decides the proportion of asset allocation.
The different asset classes will have a different time horizon to generate returns.
The expectation of returns :
The above mentioned two factors will decide the expectation of returns.
The minimal the expectations the lesser will be the need to take higher risk.

Decide. Plan.Act.

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Flat No 9B Universal/Deep Apartment, Warje/Malwadi, NDA Road
Pune

Telephone

+919823018600

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