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❓ 𝑯𝒐𝒘 𝒕𝒐 𝒃𝒖𝒊𝒍𝒅 𝒂 𝑩𝑰𝑮 𝒑𝒐𝒓𝒕𝒇𝒐𝒍𝒊𝒐 𝒆𝒗𝒆𝒏 𝒘𝒊𝒕𝒉 𝒂 𝒍𝒐𝒘 𝒔𝒂𝒍𝒂𝒓𝒚 👇🏻 𝗦𝗮𝗹𝗮𝗿𝘆 𝗟𝗲𝘃𝗲𝗹 𝟭: 𝗜𝗡𝗥 𝟮𝟱-𝟯𝟱𝗞 ▶️ With a salary of 25K and a 20% savings rate, we can invest 5000. With this amount, you may end up generating a corpus of 2.21 crore over 30 years at a 13% CAGR, which is not that difficult ▶️ Invest in Large-cap MF, give 80% allocation to these with the goal of wealth preservation ▶️ For Small or Mid-cap MF, set a 20% allocation with the purpose of increasing your wealth. These are more volatile, high-risk and high-reward investments 𝗦𝗮𝗹𝗮𝗿𝘆 𝗟𝗲𝘃𝗲𝗹 𝟮: 𝗜𝗡𝗥 𝟱𝟬-𝟳𝟱𝗞 ▶️ With a salary of 60k, assuming a 20% savings rate, the investable amount is INR 12000. With this amount, you might accumulate a corpus of 5.3 crore over 30 years at a 13% CAGR ▶️ In addition to the above points, focus should be placed on bulk investment in undervalued assets. Given your larger investment amount, you should seize the opportunity to invest in bulk when an undervalued asset becomes available ▶️ Focus on cash-flowing assets, such as dividend stocks/MFs, debt and real estate ▶️ Take more calculated risks and tailor your portfolio to grow with 60-70% on wealth preservation and 30-40% on growth 𝗦𝗮𝗹𝗮𝗿𝘆 𝗟𝗲𝘃𝗲𝗹 𝟯 : 𝗜𝗡𝗥 𝟭𝗟+ ▶️ With a salary of 1 lakh and a savings rate of 25%, the investable amount is 25,000. With this sum, you might accumulate a corpus of 17.5 crore over 30 years at a 15% CAGR, quite likely if you invest in strong assets ▶️ Retirement planning allocate roughly 25% of your portfolio to retirement, including safe assets solely for wealth preservation like large-cap MFs, bond investing, etc. ▶️ Diversify your wealth by investing roughly 20% of it globally and also by diversifying asset classes, including hard assets such as real estate and gold ****************************************************** These were some of my core advices, during the financial wellness session, conducted at Annalect India I would like to thank them for giving Magnum Finvest Services a chance to host such an interactive session Remember that it's not just about how much you earn, but also how much you save and invest Investing is incredibly personal Choose a style that meets your needs and adjust as your income and risk tolerance change. Building wealth is a journey, the sooner you begin, the better Want to build a portfolio from scratch? Book a meeting with me (𝑳𝑰𝑵𝑲 𝑰𝑵 𝑩𝑰𝑶) Follow Sourabh Jain & Magnum Finvest Services for more such insightful posts P.S.: I help people achieve financial independence and unlock their true financial potential. DM “𝙁𝙞𝙣𝙖𝙣𝙘𝙞𝙖𝙡 𝙒𝙚𝙡𝙡𝙣𝙚𝙨𝙨” to schedule a free discovery call with me #personalfinance, #financialplanning #retirementplanning

Long term Investment plans In India, we have multiple long term investment plans, where we can invest and earn a good returns in terms of capital appreciation, dividend income and others. Some of the plans are highlighted below with expected returns. 1️⃣ Gold: India is known for its preference towards gold. You can invest in gold digitally through options such as Gold ETF, gold mutual funds, gold deposit schemes and sovereign gold bonds.   💰 8%-10% (Average last 10 years). Source: Financial express 2️⃣ Senior citizen savings schemes allows senior citizens in India to invest up to Rs. 30 lakhs, providing a safe and tax-saving stream of income. 💰 8.20 % for year 2024-25. Source: SBI 3️⃣ Public provident fund (PPF) is considered one of the best long term investments in India, with an investment tenure of 15 years. 💰 7.10 % for year 2024-25. Source: Finance Ministry 4️⃣ Direct Equity/Stocks works as a long-term investment option, stocks have historically provided significant returns, outperforming most other investment types over the long period. 💰 Market conditions (Internal & External factors), Investment duration etc. 5️⃣ Mutual funds invest in stocks and debt instruments and are considered as long term investment plans. 💰 Return: Market conditions, Size of the fund, Scheme risk level, Cash flow and Performance of securities. 6️⃣ Fixed deposits (FD’s) is the traditional investment vehicle in India known to every household as the safest investment option.  💰 Interest rates are affected by several factors: Economic conditions, RBI Monetary policies, Bank, tenure etc. 7️⃣ Employee provident fund (PF) is a welfare scheme brought into force to secure a better future for employees. It is a statutory benefit available to the employees post retirement or when they leave the services. 💰 8.25% for year 2023-24 Source: EPFO site 8️⃣ Real Estate is one of the most popular long-term investment option that requires acquiring, owning, renting, managing, or selling assets to experience profit over time. 💰 10% (Average last 10 Years).  Source: ET Money 9️⃣ National pension scheme (NPS) encourages you to invest in a pension account regularly during your employment period. After retirement, the investors can gain a certain percentage of the corpus. 60% you can redeemed as lumpsum after your retirement and 40% corpus is used to buy annuity plan. 💰 8%-10% return every year. Source: ET Money 🔟 Sukanya Samriddhi Yojana is a long-term investment scheme that can generate high ROI. (Beti Bachao, Beti Padhao campaign). 💰 8.20 % for year 2024. Source: NSI India Note: Expected returns are taken from multiple sources. This post is for knowledge purpose only. Any comments are welcome. #long term investments # compounding growth Saurabh Sharma Ekta Sharma Prashant Choudhary Rohit Sen Saurabh Pitti Lalit Garg

Various factors contribute to the investment decision taken by the NRIs, Listing down a few of them: 1. Economic growth In the last few years, the Indian economy has increased significantly contributing 17.6% to the total GDP growth of the world in 2023. 2. Rise in the Industrial development With the significant rise, India has seen a lot of Foreign Direct Investments(FDI) in the past few years. 3. Investment Opportunities For clients, India offers a wide range of investment opportunities like equity, mutual funds, real estate and retirement homes. 4. Interest Rates Indian banks offer better interest rates than other banks in the US, Australia and Japan. 5. Emotional Connection Many Indians consider investing in real estate as a way to maintain their connection with India. 6. Affordability High-end property in India is more affordable compared to major global cities.

If you're in your 40s or early 50s and feel like you're running out of time to build wealth, don't stress—there's still plenty you can do to secure your financial future. Here’s how you can take control and create wealth in India: Maximize EPF and PPF Contributions 💸 Ensure you’re contributing the maximum to your Employees' Provident Fund (EPF) and Public Provident Fund (PPF). These are tax-efficient ways to grow your retirement savings. Invest in Mutual Funds via SIPs 📈 Systematic Investment Plans (SIPs) are a great way to build wealth steadily. Choose funds that align with your risk tolerance, and let compounding work its magic over time. Cut Down on Unnecessary Expenses ✂️ Reevaluate your lifestyle. Cut back on non-essential spending and channel those savings into investments. Small changes can have a big impact over time. Pay Off High-Interest Debt 🔥 Clear off loans with high interest rates, such as credit card debt or personal loans. This will free up more money for your investments. Consider Side Hustles 💼 Think about starting a side business or freelance work. The extra income can be invested to grow your wealth faster. Invest in Health Insurance 🏥 Ensure you have adequate health insurance coverage. Medical emergencies can wipe out savings quickly, so it’s crucial to be prepared. Estate Planning 📜 Create a will and consider other estate planning tools to ensure your assets are protected and passed on according to your wishes. Remember, building wealth is about smart planning and disciplined execution. Start today, and you’ll be surprised at the progress you can make! #WealthBuilding #FinancialFreedom #RetirementPlanning #InvestSmart #India

I meet many people who are in 30s and wants to retiree before 50. Most people target 45-50 as retirement age. So approx you have 10-15 years of work life before retirement or financial freedom goals. So you need 3 key things in consideration 1. Career/ Business stability 2. High Investment rate. Typically try for more than 20%. 3. Think long term. Retirement is one part but you need to plan for House/ Child education goal along the journey. If Today your Expenses are 70000-80000 then you will need around 2 lakh per month as expenses after 15 years. Your yearly expenses will be 24 lakh after 15 years. You have to target 4 crore in 15 years. You can do with many approaches. 3 of them are. 1. You can reach by 77000 SIP every month for 15 years. 2. Do SIP of 40000 with an annual increase of 8000 every year. 3. Mix lumpsum & SIP. Do lumpsum of 20 lakh +2900 SIP with annual increase of 5000. Important 1. Think long term 2. Plan for long term 3. Execute for long term 4. Believe in India growth for long term 5. Partner with right fund house, fund manager, philosophy, process and advisor. 6. Stay in journey for long term --- I am AMFI registered Mutual fund practitioner. You can schedule appointment by filling up the form. Check Book an appointment message above. #investing #mutualfund

From Forbes Advisor India 🇮🇳: If you’re living paycheck to paycheck, you won’t magically build wealth by doing the same thing you’ve always done. Follow these eight simple steps to start building sustainable wealth.

From Forbes Advisor India 🇮🇳: If you’re living paycheck to paycheck, you won’t magically build wealth by doing the same thing you’ve always done. Follow these eight simple steps to start building sustainable wealth.

From Forbes Advisor India 🇮🇳: If you’re living paycheck to paycheck, you won’t magically build wealth by doing the same thing you’ve always done. Follow these eight simple steps to start building sustainable wealth.

**Achieving Financial Freedom with Your Regular Salary: A Strategic Approach** Financial freedom is a goal that many aspire to, but few truly understand how to achieve. It’s often believed that one needs a hefty salary or a windfall to reach financial independence, but that’s far from the truth. With intelligent investment strategies and disciplined financial planning, you can achieve financial freedom even with a regular salary. Here’s how I’ve structured my investments to work toward this goal, and how you can do the same. ### 1. **Understand Your Income and Expenses** The first step toward financial freedom is understanding your income and expenses. ### 2. **Prioritize Savings and Investments** The key to building wealth is to prioritize savings and investments over discretionary spending. ### 3. **Diversify Your Investments** Diversification is crucial in managing risk and maximizing returns. Here’s how I’ve diversified my investments: - **40% in Fixed Deposits (FDs):** As a bank employee, I benefit from an attractive FD interest rate of 8.25%. FDs provide a stable, risk-free return, making them a cornerstone of my investment strategy. - **30% in Mutual Funds:** I’ve allocated 30% of my investments to mutual funds, which have provided me with approximately 51% absolute returns. Mutual funds offer a balanced mix of growth and stability, depending on the type of funds you choose (equity, debt, or hybrid). - **10% in Indian Stocks:** I’ve invested 10% of my portfolio in Indian stocks, yielding a 30% return. Stock investments require careful research and a long-term perspective, but they can significantly boost your portfolio’s growth. - **10% in U.S. Stocks:** Diversifying internationally, I’ve allocated 10% of my investments to U.S. stocks. This not only provides exposure to global markets but also helps hedge against currency fluctuations. - **10% in NPS & PPF:** The National Pension Scheme (NPS) and Public Provident Fund (PPF) are excellent long-term investment vehicles in India. They offer tax benefits, steady returns, and security, making them ideal for retirement planning. ### 5. **Stay Consistent and Patient** Investing is a long-term game. The key to success is consistency and patience. Regularly invest a portion of your salary, and don’t be swayed by short-term market fluctuations. Time in the market is more important than timing the market. ### Conclusion Financial freedom is achievable for everyone, regardless of their salary level. By understanding your finances, prioritizing savings, diversifying your investments, and staying disciplined, you can build a secure financial future. Remember, it’s not about how much you earn, but how wisely you invest and manage your money. Start today, and watch your financial independence grow.

Grow Your Wealth & Secure Your Future: Top Savings Plans in India (2024) Building a strong financial safety net is crucial in today's world. Saving for emergencies, retirement, and even everyday needs requires a smart strategy. The good news? Numerous savings plans offered by the government, banks, and financial institutions can help you achieve your financial goals. Choosing the right plan requires careful consideration. Interest rates, risk tolerance, and investment goals all play a role. Here are some of the top savings plans to explore in 2024: National Savings Certificate (NSC): Good returns (7.9%), moderate lock-in period. Senior Citizen Savings Scheme (SCSS): High interest rate (8.5%) for retirees. Recurring Deposits (RD): Flexible deposits with predictable returns (6-7%). Post Office Monthly Income Scheme (MIS): Regular income stream with decent returns (6.6%). Public Provident Fund (PPF): Tax-saving benefits with good returns (7.1%). Kisan Vikas Patra (KVP): Attractive interest (7.6%) with short lock-in period. Sukanya Samriddhi Yojana (SSY): Ideal for girl child's future (7.6% interest). Atal Pension Yojana (APY): Fixed monthly pension after retirement (no set interest rate). Employee Provident Fund (EPF): Employer-sponsored retirement savings (8.6% interest). Pradhan Mantri Jan Dhan Yojana (PMJDY): Basic savings account with government incentives (interest rate varies: 2% above base rate not exceeding 12%). Do your research and consult a financial advisor to choose the savings plan that best aligns with your individual needs and risk tolerance. #FinancialPlanning #SavingsGoals #InvestingInIndia #SmartMoney