3 things about money

transcript

+Jumpstart Jumpstart

youryourJourney to Journey to

bebeWEALTHWEALTH

Guita T. Gopalan

Our world is changing…And its changing more quickly and more disruptively than it did 10, 20, 30 years ago.

MoneyIncomeWealth

www.guitagopalan.com Guita Gopalan @guitagopalan GuitaTGopalan

A wealthy person is someone who can afford his/her chosen lifestyle without having to work.

- Francisco Colayco

#1SaVE: Pay Yourself First!-Francisco Colayco’s Commandment #1

+ Destination

Distance

D ’ Vehicle

What do I want?

Where am I right now?

What do I have?

I.Goal–How much?

I.Horizon–By when?

I.Instrument–Using what?

+ #2Plan to be

wealthywww.guitagopalan.com Guita Gopalan @guitagopalan

GuitaTGopalan

Protection Life Goals Retirement

I.Goal – What do you want? How much?I.Horizon – By when?

+Planning - Know Where You Are Right Now and What You Have

Statement of Assets and Liabilities

Know and track the growth of your net worth

Personal Income and Expense Statement

Follow your money.

+Obstacles to Hurdle

Inflation – 20 yr ave. 5%Lifestyle & Spending HabitsUnwise use of credit

Culture & TraditionsTaxesYou

+I.Instrument – What to use?

Typesof Investments

Speculation (LT) Lending Investment (ST/MT/LT)Fixed Income Securities

Ownership Investment (LT)For Capital Growth

For Regular Income

For Short Term Jackpot

+#3 LEARN

Fundamentals Fundamentals of Investingof Investing

Safety/RiskSafety/Risk

LiquidityLiquidity Yield/ReturnYield/Return

Fundamentals of Investing

Bank Products: SDs; TDs; FCDUs; Government: T-Bills; T-Bonds; ROPs; Bonds Private: CPs; Corp. Bonds; (Money Market) Insurance Products/LT Savings

Equities: Stocks Pooled Funds: Mutual Funds/UITFSSmall Businesses Franchise businesses

OWNERSHIPINVESTMENTS

LENDING INVESTMENTS

Wealth Generation Instruments

+Final Reminders

YOU are your greatest obstacle.

THANK YOUTHANK YOUwww.guitagopalan.com

GuitaTGopalan

@guitagopalan

Guita Gopalan

admin@guitagopalan.com

3 things about money

Economy & Finance