Difference between Asset Manager and Wealth Manager is
Asset Manager is looking for 100% return on 10% portfolio
Wealth Manager is looking for 10% return on 100% of your portfolio.
A ton of queries after a Podcast claims that ₹40 Cr is the ideal money to retire if you spend ₹2L per month today.
It does sound impossible but then we did the math. If you think 30 yrs of ₹1L SIP at 12% will get you there , you are wrong !!
PS: Don't retire unless u r sure
Index / #Nifty50 doesn't double in 5 years. It's just a long term 'Colloquial' average !!
Exhibit 1: #Nifty50 5 year return
Important Disclaimer: "Past performance is no guarantee of future returns"
If you assume you can double your money in 5-6 years by investing in Index, think again ... Multi Asset Funds have come out as "All Season" winners beating the most popular FlexiCap
#MultiAssetFunds beat Index over 5 years. Yes we all want 15-20% returns once in a while, but "All Season" multi asset funds ensure we get regular return in all market scenarios and over 5 years, Multi Asset funds have come out as winners
#AssetAllocation#RetirementPlanning
Investing at Market Top #Nifty50
We have a Sr Citizen investor who started investing with us in Jan 2018 #Nifty was at ~10,400. That was just before Capital Gain Tax introduced on 1 Feb 2018.
Difference between Asset Manager and Wealth Manager is
Asset Manager is looking for 100% return on 10% portfolio
Wealth Manager is looking for 10% return on 100% of your portfolio.
90 year old person sold a Insurance policy maturing in 2126 !!
Guaranteed Return ?!
How does #irdai plan to check mis selling ?
Never trust your Bank RM !!