Financial Planning is a Must to deal with Recession

Most industries across the world are reeling under huge stress due to recession.

The Software and the Technology industry is the worst affected. Expect more Job Losses and Lay-Offs with advancement of Big Data Analytics and Artificial Intelligence.

It makes sense to get yourself Financially Prepared before any untoward incident hits you or your family.

The below picture speaks volumes of an employees life in all industries today.

 

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We had posted an article in 2016 related to this and that holds true even today. Many Software Engineers and employees of other industry approached us after reading the article and they are much more confident people today. Click Here to read the article. Tamil Version: Click Here

 

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Aadhar Linking to Investments

It is now mandatory to link your #Aadhar number with your #MutualFund’s and Trading Accounts.

You can choose from the below options:

CAMS: Online Link Physical Form

Karvy: Online Link Physical Form

In case you are choosing the Physical Form option, kindly sign the form and send it to our address along with a copy of Aadhar. Don’t forget to write your mobile number and email behind the Aadhar xerox.

Even if you are not a client of #VRIDHI we will get it processed for you.

Trading Account Clients:

Without any delay kindly send by post or courier ‘Two Self Attested Photocopy of Aadhar’ to the below address immediately:

VRIDHI, 2E Zama Flats, 475/31 Mount Road, (Behind TempleTowers) Nandanam – 600035. Mobile: 9551110505

 

For Investors Budget is a Non Event

Most investors (consider it’s you and we are writing this for you) suffer on one thing… You all plan for their life goals which are anywhere between 5 to 35 years away but start focusing on events which may or may not affect their investments in short term.

We at VRIDHI regularly plan for Long Term Life Goals of people, and then ask You to focus on investing in a disciplined manner. You invest for some months and as the fund values start increasing start worrying about silly things like budget and then start calling us. We are not blaming You for this behaviour, after all You are a human being and supposed to be behaving like this..! As Advisors it is our responsibility to unconfuse You, handhold You, solace You, and help you ride the ups and downs without any fear.

When you have an advisor you need not worry what’s going to happen in next few days or months, your advisor will take enough actions to ride the waves appropriately. You just focus on the goals and stop looking at the returns frequently. Not all years are going to be good or bad. Everything averages out in long term and if the advisor is able to create even a 2% – 3% extra over the average, be rest assured you have a great future. Please don’t underestimate this 2% – 3% it can’t be easily created if you try it yourself.

So what made me call Budget2018 as a Silly Thing?

It’s surely not a sweeping statement. Read the article which we posted on New Year Day. (Click Here to read it). We wrote a line… ‘knowing the politics of Mr. Modi, the freebie politics is not present in the blood of Modi like others’

Whole of January we have been hearing people say that the budget may be populist. In a recent interview to a TV channel PM himself made it clear that: it’s a myth that people want freebies and he will only do what is good for the country. So what we posted seems to be on right track and on Feb.1 it may also be proved 100% right.

Hence don’t expect stupid and uneconomic decisions like waiving off 70000+ Crs just to win votes. Yes announcing schemes to benefit Rural and Agri sectors which can lift them up can’t be termed as populist. We expect many schemes, to be announced being the last budget, if you can understand the scheme of things and invest properly, that extra return over and above average will not be a day dream. In the New Year article we said: 2018 will differentiate Men from Boys and will not be an easy year.

Earlier we were feeling that the general elections may be advanced to Dec’18 with elections in Rajasthan – MP – Chattisgarh. Now we are getting convinced that they may happen as scheduled.

Be assured that the 2019 Lok Sabha polls will be the Greatest Event on Planet Earth till date, much bigger than Trump winning US elections. 2019 election is going to be by far biggest thing we will see in our life time. The politicians will go to any extent for defeating Modi. Many would stoop to any level to win. With violence erupting in Rajasthan, MP and Chattisgarh, over the movie Padmavati, all these are poll bound states, anyone with common sense can understand that the stage is already being set for 2019 election and the state elections in 2018.

So obviously there would be volatility. Days of Blindly Investing have gone. In 2018 you will need strategies, timely actions and have to target your investments well. If your advisor tells you to remain invested and blindly continue doing SIP in one fund or stock and ride the whole cycle then you don’t require him.

So, stay focused and continue investing. 2018 can be tough only for those who are not aware themselves on why they are investing.

We will continue posting timely articles which can help you to stay course of wealth creation. Follow this website by entering your email id. It can be easily done by logging on to www.VRIDHI.co.in on a desktop.

So continue investing happily and don’t hesitate to ping us or refer us to your loved ones.

Thanks

Vivek Karwa

Must Read for Techies and Doctors: https://vridhi.co.in/2016/03/26/must-read/

Year 2018 is going to be differentiator between the Men and the Boys

What a year 2017 has been. The Sensex has risen from 26595 to 34057 in one year. That’s 21.91% in a year, meanwhile the BSE Midcap delivered 47% while the BSE Small Cap Index took away the winners prize with a whopping 58%

This is an eye opener for those who stay away from Equities thinking that they are risky. They are risky only if you invest with expectations of high returns in short term, if people treat Equities like Long Term Fixed Deposits then they become more and more safer with the passing time. This does not mean you go and do the act of investing yourself. The line ‘they become more and more safer with the passing time’ holds good only when you are seeking the advice from an experienced advisor. Keep in mind there are many examples where people have lost even in 2017, though 2017 can be termed as best of the years.

So how does 2018 hold for investors? We at VRIDHI believe 2018 is going to be a challenging, volatile and a year with full of surprises, and yet there would be ample number of opportunities which would frequently be thrown up, will the investors grab them at the right point is a big question. Hence again you may need help of an experienced advisor. In 2017 the percentage of regrets may have been very less but 2018 would clearly differentiate between the Men and the Boys. Only seasoned people will be able to grab most of the opportunities.

We may end Sensex in 2018 at around 38750 – 40000. We may see great amount of support at 29450 on the lower side and immediate support at 32550. When we say target of around 38750 – 40000 for the year, in percentage terms it is just around 12% to 17% meaning we need to be really opportunistic in the ensuing year. Those not feeling happy with these returns kindly keep in mind Equities will still be the best performing asset class in this year and hence stay invested in a tactical manner!

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So what can drive the market up or down in the next year? Some of the factors are mentioned below:

* Earnings pickup: Since many quarters, we all are expecting that the corporate earnings would pick up soon. After the implementation of GST and the systems having almost settled fully, we expect that the earnings can pick up from March quarter onwards. If the earnings pick up happens in a secular manner we may cross even the 40k mark which we have mentioned above.

* Budget and Govt Spending: Feb.1 would be the last full budget of this government and hence expect many favourable announcements for the people and the economy. Only thing which we should be alert of is that the govt should not go overboard and create fiscal deficit. But knowing the politics of Mr. Modi, the freebie politics is not present in the blood of Modi like others. Widening of Fiscal Deficit can create problems like those we saw during 2013 under MMS. This govt has been under control till now.

* State Elections and General Elections: People in general don’t think with mind open. They would see a great defeat in Modi if the ruling party does not fare well in a state like TN where they actually have no presence! They conveniently forget the 19 state governments and central govt is ruled by same people. Mentioning all these since every state election is crucial in 2018. There are 8 state elections and we expect even the general elections to be advanced to Dec’18. We saw 800 points intraday dip when at a point of time Congress went ahead in Gujarat! Hence market is not going to like any bad surprises and market expects that the same PM be re-elected. Any change would be a temporary but sharp setback to our money!

* Global Markets and Geo-Political Tensions: Globally markets are flushed with liquidity. As long as this liquidity is not squeezed out, we would continue doing well. The risk of North Korea, Pakistan and the likes going out of senses is a huge problem. India is also seeing huge money flowing into markets from the traditional FD investors.

* Inflation and Interest Rates: There are fears that RBI may hike Interest Rates in case Inflation spikes up. We are totally control over inflation till now and are around the RBI expectations. Inflation spikes can bring in selling pressure in the markets and a rate hike can make the situation worse.

We don’t think Interest Rates can move up from here, on the contrarian we feel they are still headed only downwards. Those meeting their ends meet with the interest amounts are finding it quite difficult. Senior Citizens in particular are feeling the pinch. Sadly this is a global phenomenon and we got to deal with it.

With 2017 getting over, let’s change our thinking. Let 2018 begin looking for new opportunities. At VRIDHI we can help you get better than Fixed Deposits with minimum risks. We take Extra Care of Retired and Seniors Citizens. VRIDHI has representations in Delhi, Chennai, Goa and Nagercoil.

Many of you would be looking for some safe bets in 2018, have tried to mention few of them on this show at Moneycontrol. You can view the show by Clicking Here.

So plan your money well in 2018 and tag your investments with your goals in life. Don’t blindly invest in anything, including Bitcoins! Seek help of your Investment Adviser.

Happy Investing

Vivek Karwa

www.facebook.com/MostWantedIndian/

 

Gabbar Singh Lost! – Gujarat Elections Perspective

How do Gujarat Elections Results impact our Investments and the Markets?

First of all, don’t consider this article as political. Markets track politics very closely and hence it’s our duty to bring out 360 degree perspective of the results to the investors.

The Gujarat Elections Verdict was most sought after results by the country, government and the opposition. The very fact that, in spite of BJP winning 2/3rd majority in Himachal Pradesh, none of us are talking about that proves the importance of Gujarat Verdict.

Gujarat is one of the hubs of businesses in India, Textile and Diamond industry breaths and lives there. After Demonetisation and then implementation of GST, both these industries had almost come to a standstill. Coupled with 22 yrs of anti-incumbency and Modi moving away to Delhi, the ground was looking slippery for the BJP.

Thus we saw some welcome changes in the GST which basically settled the anger of the voters in South Gujarat particularly. I have been talking to Textile traders in Surat and they all were satisfied with the moves.

The results prove that People of India are with the Reforms. Only Reforms can take us forward.

With all due credit to Rahul Gandhi, he really did very smart campaigning this time. He started with the issues related to GST and people were able to relate the pain. But then due to lack of guidance he started sounding against reforms by calling GST as Gabbar Singh Tax. Further RG roped in the Pattidar leaders who were doing vote bank politics.

Had Rahul Gandhi stood by only with the problems faced by people, there were fair chances that Congress would have scrapped through the half way mark. Early trends in the morning were showing as if Gabbar Singh would win but then how all villains in movies lose at the end…

The result sends some good message to the markets. Sensex opened almost 600 points and then went back to green. High time the opposition stops talking against Demonetisation and GST. People are thinking differently.

The victory of BJP means the reforms may continue, also a lower victory for the BJP means the reforms will be more people friendly and not one sided.

Hence there are sectors which will benefit immensely with these expectations. Call your Investment Adviser and invest to make money.

Happy Investing

Vivek Karwa

www.facebook.com/MostWantedIndian/ (You can follow VK here)

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