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INSCRIPTIONS 19
TRUTH NEVER FADES
2) GURUS SPEAK: GROWTH WITH RISK 3RD STAGE OF FINANCIAL PYRAMID PART1
3) CATERPILLAR SPACE: MONEY TIPS BY CHANAKYA 2300 YEARS AGO BY MR MAHENDRA KAMAT CA
WALL NO: 4 PANEL NO: 3 6th Oct 2017
R.GOPINATH
gopinathr@go-past.com
R.GOPINATH
gopinathr@go-past.com
1) What is 4 + 5 = ?
4+5 = 2.
4+5 = Green
4+5 = -1
4+5 = 0
The first answer that pops out is 15, but it is not the only
answer, there can be many. We will see such answers in the
next issue of Inscriptions.
Boys find the ball punctured, fill it with waste papers and roll
rubber bands on it to play with a home made ball.
PART 1
R.GOPINATH
gopinathr@go-past.com
Before i venture to explain this part of the financial pyramid, i will set
out the agenda for the advisors involved in advising clients to invest
in such products:
3) Prepare the client for holding for a long term (over 10 year
period)
6) Explain the cost structure and the difference between NAVs and
the Yield (IRR).
Then why would anyone take such a risk? One need to take that
risk, for not taking risk at all can be the biggest risk that one takes in
life. These instruments are meant to give adequate amount to meet
big expenses and commitments as a reward for the risk taken.
The products that will appear at this stage of the pyramid are:
MFs, ULIPs, Equities, Metals, Currencies and Commodities.
Adequacy Risk: Over a period of time inflation eats into the wealth.
If on one side we work hard and save little by little like a sparrow
that builds its nest, on the other side the inflation in economy takes
away the small growth gained as interest on our savings. When the
goals have to be realised we find that money on hand is not
sufficient enough to buy those goals. We need to therefore earn a
little more yield than the inflation rate. This is possible only when we
invest in instruments like equities or instruments which carry the risk
of loosing capital but provide a chance of earning better yields. Risk
and rewards go together. MFs fall into this category.
The general public at large in this country, may not have adequate
knowledge about the capital markets, their behaviour, studying
companies financial statements to make a decision about investing
and related things. MFs are very good options for such vast majority
of the people in our country. In a MFs the selection of the
companies to invest in are made by professionals who are well
educated in this aspect. Naturally one needs to pay some charges
for this advice. But then the cost of not availing a professional
service here could prove to be deadly in the end. Can professionals
go wrong? Yes, they too can.
CA Mahendra Kamath
Life Advisor
THE AMBULANCE MAN
WHILE THE BANK LOANS CARRY INTEREST ON THE LOANS HE HAS AVAILED FOR
THIS PURPOSE; HIS SERVICE IS FREE FOR THE USERS.
GROUP
EXERCISE ON
AGENTS RECRUITMENT
CO CREATION
MARKETING
MODEL
BRANCH MANAGERS, AREA MANAGERS, TERRITORY MANAGERS OF SBI LIFE
GROUP
STUDY
WALL NO: 4 PANEL NO: 3 6th Oct 2017