Parshv Sheth

Certified Financial Planner & Wealth management.

[Tarun @tarunmallappa]

If you are,
- in India
- in your 20s
- have the urge to get into manufacturing

Get a small set-up going & start manufacturing engineering goods for exports. Cater to the OEMs and large exporters. You will thank me in 10 years.

India's engineering exports is a $100 Bn industry anticipated to quadruple in next 6 years to ~$400Bn. It's place in India's growth-story can never be overemphasized.

Even if you start with 25lacs annual turnover you will grow to a 5cr business in reasonable time. This is way better than fighting for roles at enslavement centers.

One can manufacture everything from fasteners, valves, pumps to machineries. (See exhibit for list)

[Parshv Sheth @Parshv7]

Inspite of numerous reminders to your team my refund has still not got credited in my credit card there was a wrong payment done to an outlet. When raised a complaint you guys had emailed me that i will get the refund in 5 days my mobile [phone]@zomatocare @zomato @deepigoyal

[Parshv Sheth @Parshv7]

@iRadhikaGupta @HachetteIndia I am reading your book right now , i must say you have written ths book from your heart. Very true & i believe every entrepreneur will relate to these. I was given ths as a gift by one of my friend on my birthday. Incredible book thanks for sharing your experiences.

[Parshv Sheth @Parshv7]

@NileshShah68 @KirtanShahCFP @policybazaar Lol good one @NileshShah68

[ET NOW @ETNOWlive]

LIVE | FM Nirmala Sitharaman at Vibrant Gujarat Global Summit 2024 | @nsitharaman | @FinMinIndia https://t.co/2Bcz2EcEWC

[Parshv Sheth @Parshv7]

@iRadhikaGupta @KalpenParekh Apnaa kaam hain karma kiyaa jaa phal ki chinta na karen 😀

[Parshv Sheth @Parshv7]

Wishing you & your family a very Happy & a prosperous New year 🙏💎💎

[Parshv Sheth @Parshv7]

Merry Christmas everyone 🎅 🎄 ❤️

[Parshv Sheth @Parshv7]

@iRadhikaGupta Congratulations u deserve it👏

[Prashant Kakkad @prashkak]

Amazing Wealth Creation By #mutualfunds

We have heard so many stories about 50-100X returns in real estate & individual stocks like Infosys/Wipro, but not many people are familiar with 50-100X wealth creation over the last 25-30 yrs in the #Equity Mutual fund space.

[Parshv Sheth @Parshv7]

*Edelweiss Multicap Fund NFO* was promoted by us in october before diwali, What an amazing debut, in just one month Returns are around 10%. We thank our investors for their trust in us🙏 Nice work Edelweiss Team @Edelweiss @iRadhikaGupta

[B Padmanaban ([email protected]) @padhucfp]

Today many are so much obsessed with Financial Freedom and how much is enough to announce that I am Financially Independent so on and so forth… Very Interesting WhatsApp Forward 🙏🙏🙏

How Do You Know You Are Rich?

Amazing answer by an IIT student.

When I was doing my B Tech, there was a professor who used to teach us ‘Mechanics’.

His lectures used to be very interesting since he had an interesting way to teach and explain the concepts.

One day, in the class, he asked the following questions:

1. What is ZERO?
2. What is INFINITY?
3. Can ZERO and INFINITY be same?

We all thought that we knew the answers and we replied as following:

ZERO means nothing.
INFINITY means a number greater than any countable number.
ZERO and INFINITY are opposite and they can never be same.

He countered us by first talking about infinity and asked, how can there be any number which is greater than any countable number?

We had no answers.

He then explained the concept of infinity in a very interesting way, which I remember even after more than 35 years.

He said that imagine that there is an illiterate shepherd who can count only up to 20.

Now, if the number of sheep he has less than 20 and you ask him how many sheep he has, he can tell you the precise number (like 3, 5 14 etc.).

However, if the number is more than 20, he is likely to say “TOO MANY”.

He then explained that in science infinity means ‘too many’ (and not uncountable) and in the same way zero means ‘too few’ (and not nothing).

As an example, he said that if we take the diameter of the Earth as compared to distance between Earth and Sun, the diameter of earth can be said to be zero since it is too small.

However, when we compare the same diameter of earth with the size of a grain, diameter of earth can be said to be infinite.

Hence, he concluded that the same thing can be ZERO and INFINITE at the same time, depending on the context, or your matrix of comparison.

The relationship between richness and poverty is similar to the relationship between infinity and zero.

It all depends on the scale of comparison with your wants.

If your income is more than your wants, you are rich.
If your wants are more than your income, you are poor.

I consider myself rich because my wants are far less than my income.

I have become rich not so much by acquiring lots of money, but BY PROGRESSIVELY REDUCING MY WANTS.

If you can reduce your wants, you too can BECOME RICH at this very moment.
May your lives get rich by good thoughts, good deeds, good people around you👏

[Prashant Kakkad @prashkak]

10 years ago, the yearly collection through #SIPs is now being achieved in a month. July #SIP collection at 15,242cr. It crossed the 15k mark for the first time.

If these sets of investors continue their SIPs for the next 15 years, they could create a wealth of Rs.150,000 crores

[Parshv Sheth @Parshv7]

@TweetShah @AmbareeshMurty Om Shanti

[Parshv Sheth @Parshv7]

@mk_manish @TweetShah @AmbareeshMurty Believe in god, make him your friend he will help you in your journey 🙏 Focus on only positives.

[Parshv Sheth @Parshv7]

@KalpenParekh Above Link is not opening sir if possible please share again

[Parshv Sheth @Parshv7]

@bqprime @Jefferies It should be 100000 please correct it

[Parshv Sheth @Parshv7]

@NileshShah68 @priyankasambhav @Money9Live @NileshShah68 he is a living legend 🙌

[Parshv Sheth @Parshv7]

@narendramodi Deepest Condolences Sir Om Shanti

[Parshv Sheth @Parshv7]

Invest In Debt Mutual Funds & earn upto almost 7% tax free Returns with long term indexation benefits....