jayantharde.com

Just dial 9373284136, CFP certified financial planner, to know more #cfp   #certifiedfinancialplanner   #mywealthapp #mutualfundsagentinnagpur   #licagentinnagpur jayant@jayantharde.com www.jayantharde.com #gurukripainsuranceandinve stment

You may very well decide to go it alone and be a DIY investor – but it doesn’t change the fact that an unbiased, knowledgeable Financial Adviso r who “knows her stuff” can play an important role in your journey to Financial Freedom. Here are five ways that a good Financial Advisor can add value to your life over the years. Helps You Sidestep Regrettable Products The financial markets are replete with value destroying products that are enthusiastically ‘sold’ by agents simply to maximize their own income at your expense. A competent Financial Advisor can play the critical role of acting as a ‘filter’ for these products, by trawling through the fine print on your behalf and giving you the go/ no-go signal after an unbiased evaluation. Keeps You Aligned To Your Goals Much like a coach or counselor, your Financial Advisor can keep you focused on your long-term investment goals – such as a meaty retirement corpus or a great education for your child. This support may prove i...

As a collective group, we’re infamous for the last-minute tax-saving frenzy that we partake in at the end of each Financial Year! Needless to say, the last-minute rush leads to a number of regrettable investment decisions too. Usually, tax saving aspirants have flocked to Life Insurance as their preferred tax saving avenue. However, we witnessed a bucking in the trend this year, with close to 1 million (ten lakh) new folios getting created in ELSS (Equity Linked Savings Schemes) funds. What are ELSS Funds? ELSS funds are really nothing but a type of diversified equity fund. Equity funds  concentrate their investments into equity shares of listed companies, and so their performances are linked to the rises and falls in the equity markers. In that sense, it’s important to keep in mind that ELSS Funds can be quite volatile. However, it’s also worth noting that in the long run, Equity Oriented Mutual Funds such as ELSS have outperformed other traditional asset classes quite ...

Like most Indian parents with young kids, you most likely aspire to provide your child with a top-quality education. However, being able to successfully fund a great education for your kid requires advance planning, and the determination to stick to a long-term plan resolutely. Here are five important things for you to keep in mind. Inflation While most goods and services are inflating at 6-7% per annum, the recent inflation trends in tuition costs has been closer to 9% per annum. What costs 5 Lacs today is likely to cost 20 Lacs or so after 15 years. Make sure you plan for the correct amount, while keeping inflation in mind. Consult a professional Financial Advisor if you’re confused about how to factor inflation into your long-term savings calculations. Education = Earning Potential Studies have shown that the quality of education received by your child will impact her lifetime earnings by 25-50%. Over the course of one’s career, that’s a very large amount. As time ...

Just dial 9373284136, CFP certified financial planner, to know more #cfp   #certifiedfinancialplanner   #mywealthapp #mutualfundsagentinnagpur   #licagentinnagpur jayant@jayantharde.com www.jayantharde.com #gurukripainsuranceandinve stment

When it comes to Retirement Planning, Mutual Funds Sahi Hai! There’s no investment instrument that’s as flexible and customizable as Mutual Funds, that can be adapted to optimize your Retirement Planning goal at its various stages. Here’s a simple guide to using Mutual Funds to achieve your Retirement Planning Goal effectively and efficiently. The Early Stages: SIPs in Equity Funds The best time to start planning for your Retirement is when you take up your first job and receive your first pay check.   After all, the moneys you put away at this stage of your life will have not years, but decades to compound and grow! During the early stages of your Retirement Planning, make sure you run SIP’s (Systematic Investment Plans) in aggressive funds such as small & mid cap funds, without paying much heed to market volatility or even your own risk tolerance. The Mid Stages: Aggressive Step Ups When you’ve spent a decade or so in your career, you’ll likely start witnessi...

Health Insurance has become a critical aspect of your overall Financial Plan, with medical expenses inflating at supernormal rates and lifestyle diseases continuing to spread at alarming rates. In fact, a single medical emergency can push your Financial Planning back by several years, which is why more and more Financial Advisors are recommending adequate medical coverages. If you’re making the wise move of upping your Mediclaim coverage, here’s a list of a few important things you need to learn about the Health Insurance Policy you’re about to sign up for. Cost You may be surprised to note that there are significant price differentials between policies of different companies, offering the exact same Sum Insured. This could be an outcome of differences in underwriting processes or even brokerage structures, but in case the features are the same, why should you pay more? The only case for paying more for a policy with the exact same features, is when the policy in question has ...

Just dial 9373284136, CFP certified financial planner, to know more #cfp   #certifiedfinancialplanner   #mywealthapp #mutualfundsagentinnagpur   #licagentinnagpur jayant@jayantharde.com www.jayantharde.com #gurukripainsuranceandinve stment

There are thousands of mutual funds in India handling thousands of crores of Rupees. Mutual funds are an investment tool that pools money from several investors and invests it in company stocks, bonds, government instruments, etc. in order to generate a profit for investors. This profit may be paid out as dividends to investors (dividend plans) or reinvested by the fund for capital appreciation (growth plan), There are many different types of mutual funds based on various characteristic differences. Most mutual funds try to diversify their investments into as many different companies and industries as possible, and some invest in only specific industries and sectors of the economy. Some funds aim for high-risk-high-reward strategies, while some opt for low-risk-regular-income strategies. How do mutual funds work? Different types of mutual funds operate slightly differently from one another, but they all have some basic principles on which they operate that define them as mut...

SIP has a lot of benefits 1] Habit of saving & Disciplined Investing- The power of saving underlines the essence of making money work if only invested at an early age. The longer one delays in investing, the greater the financial burden to meet desired goals. Saving a small sum of money regularly at an early age makes money work with significant impact on wealth accumulation. It’s the key to investing success. Regular investment makes you disciplined in your savings and also leads to wealth accumulation. Systematic investing is a time-tested discipline that makes it easy to invest automatically. Investing regularly in small amounts can often lead to better results than investing in a lump sum. 2] Reduces overall Risk- All one has to do is to invest a fixed pre decided amount of money on a regular basis for a long period of time. Since the amount invested is constant one invests when the markets are high as well as when the markets are low. Although...

1.       Professional Investment Management. By pooling the money of thousands of investors, mutual funds provide full-time, high-level professional management that few individual investors can afford to obtain independently. Such management can be important to achieving results in today's complex markets. 2.       Diversification. Mutual funds invest in a broad range of securities. This limits investment risk by reducing the effect of a possible decline in the value of any one security. Mutual fund shareowners can benefit from diversification techniques usually available only to investors wealthy enough to buy significant positions in a wide variety of securities. 3.       Convenience and Flexibility. You own just one security rather than many, yet enjoy the benefits of a diversified portfolio and a wide range of services. Fund managers decide what securities to trade, clip the bond coupons, col...

Life insurance is based on a number of principles that are tailored to meet market conditions and ensure insurance companies make profits, while offering security policies to insured individuals. There are broadly four major insurance principles applied in India, these being: 1.      Insurable Interest – This principle pertains to the level of interest an individual is expected to have in a particular policy. The interest could be a family bond, a personal relationship and so on. Based on the interest level, an insurance company can choose to accept or reject an application in order to protect the misuse of a policy. 2.      Law of large numbers – This is a theory that ensures long-term stability and minimizes losses in the long run when experiments are done with large numbers. 3.      Good faith – Purchasing an insurance is entering into a contract between company and individual. This should be done in ...

Some people may think of life insurance as just another expense. The question you need to consider is would someone in your life suffer an economic hardship if you were to die? If your answer is yes, then life insurance is important for you to have. Married with children If you're married and have young children at home who depend on your income, you have a clear need for life insurance. If you were to die, the loss of your income could cause an immediate financial hardship. Not only would this make it harder for your family to make ends meet, but for them to realize future goals such as a college education. Even if one spouse is a stay at home parent and doesn't bring in a formal paycheck, his or her death means that the surviving spouse will have additional expenses such as child care, cooking, and housekeeping - all necessary services for running a household. Married without children or singles Why is life insurance important if you don't have children or...

  Travel insurance is often seen as a “luxury” purchase or something that’s “nice to have, but not necessary.” While travel insurance cannot prevent mishaps from occurring, it can reduce the burden of unexpected expenses and additional travel arrangements that need to be taken care of with very little notice. Travel insurance plans seek to provide you with the peace of mind if a delay, cancellation, natural disaster or terrorist event impact your plans. 3 Reasons Why Travel Insurance is Worth It ·          Protect the cost of your trip if you have a travel delay or need cancellation. ·          Offset added expenses due to a travel delay or lost, delayed or damaged luggage. ·          Protect from expensive medical bills in case you are injured or become ill while traveling abroad. Just as with other kinds of insurance, a travel insurance plan...