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+ Jumpstart Jumpstart your your Journey to Journey to be be WEALTHY WEALTHY Guita T. Gopalan
| Date post: | 16-Apr-2017 |
| Category: |
Economy & Finance |
| Upload: | guita-gopalan |
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+Jumpstart Jumpstart
youryourJourney to Journey to
bebeWEALTHWEALTH
YY
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
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#1SaVE: Pay Yourself First!-Francisco Colayco’s Commandment #1
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+ 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?
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+ #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?
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+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.
www.guitagopalan.com Guita Gopalan @guitagopalan GuitaTGopalan
+Obstacles to Hurdle
Inflation – 20 yr ave. 5%Lifestyle & Spending HabitsUnwise use of credit
Culture & TraditionsTaxesYou
www.guitagopalan.com Guita Gopalan @guitagopalan GuitaTGopalan
+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
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+#3 LEARN
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+
Fundamentals Fundamentals of Investingof Investing
Safety/RiskSafety/Risk
LiquidityLiquidity Yield/ReturnYield/Return
Fundamentals of Investing
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+
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
www.guitagopalan.com Guita Gopalan @guitagopalan GuitaTGopalan
+Final Reminders
YOU are your greatest obstacle.
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