Creating Wealth is everybody’s dream. Some people are born with silver spoon and others make all kind of efforts to make their money grow.
The Question today for each one of us that How do we make our money grow? Is their any simple solution to Wealth Creation? What is wealth generation strategy Indian millionaires should follow to make fortune out of their hard earning savings.
Look the days of exorbitant returns in Real Estate sometimes even up to YOY 25- 30% CAGR are history. Gold has a standard return capacity and largely provides inflation linked returns. Fixed Income returns have hardly beaten inflation. The sluggish nature of tradition investment products while providing feature of Safety and low risk have never created wealth and failed to beat even Inflation rate in spite of staying invested for even 5-10 years. For wealth creation people must include Equities in their portfolio.
The key for Wealth Generation across market cycle is to have Portfolio diversification. It’s a simple process of distributing your investable surplus across Asset Classes such as Equity, Debt, Commodities, Real Estate, Alternate Investments etc.
When people come to me with scepticism, “Hey Manoj, isn’t it risky to invest in Equities? What about market volatility, risk of capital loss etc. I clearly make them understandHow Risk profiling, Asset allocation,Discipline, Patience and long-term investment horizon required to mitigate uncertainty and harness fantastic returnopportunities.
Consider this, over the last 20 years, the stock market has grown at a CAGR of 17%, giving the greatest returns of any asset class in India. Fabulous, isn’t it? It reflects investors’ optimism about investing in the Indian economy & new companies / business through stock exchanges, even in this global pandemic crisis. The hugeopportunity is in front of us Indian economy is projected to grow rapidly with Govt focusing on reform agenda and aiming to be a $5 trillion economy by 2025. how much we will be able to grab and keep in our vault? Now here’s the biggest problem, because of the lack of knowledge and improper guidance, most everyday investors ignore these wealth-building opportunities and could never enjoy the exponential wealth-building process with the power of compounding.
A very powerful proverb says, “The best time to plant a tree was 20 years ago. The second-best time is now.” And since compounding means to earn profit on profits, the sooner we start, the sooner we will be able to grow your investment portfolios at a geometric rate.
Since it’s a matter of your wealth, do consult an expert who has a proven track record and can accurately guide you with the best portfolio investment strategy based on your wealth goals, earning and lifestyle.
By: Manoj Chechani