Wanderlust Sajid

At first glance, it sounds impossible. But with a smart strategy, disciplined investing, and the magic of compounding, ₹100 crore is closer than you think! Imagine this: a ₹10,000/month SIP in Franklin India Prima Fund since 1993, increased by 10% annually, would now be worth ₹42 crore. Give it a few more years, & ₹100 crore could be achievable. The secret? It’s not luck — it’s the power of compounding combined with India’s unstoppable growth story. For 10 years, we have provided expert insights and reliable strategies, empowering you to navigate every market shift with confidence. Get access to this incredible personal finance growth story with us!  Regards, ALMANACK Business Services Team Phone: +91-8707872317 Email ID: operations@almanack.in

Stock market overall by nature itself is buoyant and fickle. Volatility is inherent in it and geopolitical factors spike the movements of it in all times. Indian central elections 2024 naturally thus becomes one of the factor to future read the market.  Every elections introduce uncertainly in the market. This time too the volatility has shot up in last one month. However, the markets are currently pricing in the continuation of the government and ongoing reforms. Nevertheless, elections result sometimes, as seems in the past, can go opposite of expectation. Any deviation in these expectations will result in higher volatility, mostly taking the market downwards. I would here thus try to analyse what the perceived uncertainty that the market might face in near term and what could possibly be the outcome in medium to long term.  Global Factors : 2024 is not just an election year, it is perhaps the election year. Globally, more voters than ever in history are going to the poll...

Inflation is a phenomenon where the general price level of goods and services in an economy increases over time. It erodes the purchasing power of your money and reduces the value of your savings. Therefore, beating inflation is an important financial goal. Here are some ways to beat inflation: Invest in assets that appreciate in value: Historically, assets such as stocks, real estate, and commodities have appreciated in value over time, often at a rate that outpaces inflation. By investing in these assets, you can potentially grow your wealth and beat inflation. Invest in inflation-protected securities: Inflation-protected securities, such as Treasury Inflation-Protected Securities (TIPS), are bonds that are indexed to inflation. They provide a guaranteed return that is adjusted for inflation, ensuring that your purchasing power remains relatively stable. Increase your income: One of the most effective ways to beat inflation is to increase your income. This can be achieved through a v...

There is no one-size-fits-all answer to this question as the best asset allocation depends on an individual's financial goals, risk tolerance, and investment horizon. However, a commonly recommended strategy is to diversify investments across different asset classes, such as stocks, bonds, gold and real estate, to spread risk and improve the potential for returns. Additionally, it's recommended to regularly review and adjust the asset allocation in light of changing personal circumstances or market conditions. For individuals who have a long-term investment horizon and a moderate to high risk tolerance, a balanced asset allocation that includes a mix of stocks and bonds may be appropriate. A general guideline for this type of allocation is to allocate 60-80% of the portfolio to stocks and 20-40% to bonds. This approach can provide the potential for higher returns over the long-term while also providing some stability and protection against market fluctuations. For individuals w...

Asset allocation is the process of dividing an investment portfolio among different asset categories such as stocks, bonds, and cash. The main goal of asset allocation is to balance risk and reward by investing in a mix of assets that aligns with an investor's financial goals, risk tolerance, and time horizon. There are several different types of asset allocation, each with its own unique characteristics and There are several different types of asset allocation, each with its own unique characteristics and objectives. Here are the main types of asset allocation: Strategic Asset Allocation: This is a long-term approach that involves determining an appropriate mix of assets based on an individual's goals, risk tolerance, and time horizon. The strategic asset allocation will remain relatively constant over time, with only minor adjustments made as needed. This approach is best for investors who have a long-term horizon and are comfortable with a moderate level of risk. Tactical As...

Asset allocation is the process of dividing an investment portfolio among different asset categories, such as stocks, bonds, and cash. The main goal of asset allocation is to balance risk and reward by considering an individual's investment goals, risk tolerance, and time horizon. The first step in asset allocation is to determine your investment goals. Are you saving for retirement, a down payment on a house, or a child's education? Once you have a clear idea of your investment goals, you can then determine your risk tolerance. Risk tolerance refers to your willingness to accept the possibility of losing some or all of your investment in exchange for the potential of higher returns. Next, you need to consider your time horizon. How long do you plan to hold your investments? If you have a long-term investment horizon, you may be able to take on more risk than someone with a shorter time horizon. Once you have determined your investment goals, risk tolerance, and time horizon, y...

Benjamin Franklin was the founding father of the United States.  There is a famous quote by him which  says, "An investment in Knowledge pays the best Interest". Benjamin Franklin was a polymath - an individual whose knowledge spans a substantial number of subjects. But, if we speak of investments in just financial terms, the subjectivity of knowledge and it's importance is profound.     I have come across many investors, who have lost far too much money due to investments in products that they don't understand. The first principle of a sound investment is to have a full understanding of the product and whether you are comfortable investing into it or not.  Yes, investors should take professional help. But still; they should never blindly invest anywhere and everywhere. It is ultimately their money and so they must understand in detail before making investment decisions. It is better to ignore a complicated product with a higher possible retu...

Many new prospective investors comes to me asking suggestion for investment schemes where they can get good returns. But I don't start the discussion with just investments. I start by asking them if they have taken adequate health insurance first, and then optimum life insurance coverage second, if they are married or if some of their family members are financially dependent on them. Most of the time, I get a reply that they do not have any insurance.  Insurance in India has a very low penetration. Bulk of the people are not insured both in terms of health coverage or pure life cover. And I am speaking of people who has affordability in buying them. Even if they have taken insurance, the coverage amount is insufficiently low.  I always advise every individual that they should first buy their health and life insurance cover. If they already have, they must ensure that the coverage is adequate based on their lifestyle. This is the foremost priority. The investment comes later. S...

'FM showing how "big" is the package.' On May 12, when Prime Minister Narendra Modi, addressed the nation, in his 33 minutes long speech, at the last 3 minutes, he announced that the Government will come up with a Rs. 20 lakh crore "Package". This "package" which amounts to 10% of India's GDP, was intended to boost the economy and act as the stimulus to the acutely depleting financial and social situation due to unprecedented hardships effected by the 2 months Lockdown fighting against Covid 19. While we are at Lockdown 4.0 since May 18 or we could term it as Openup 1.0, around 1 lakh in India are already Covid infected and more than 3000 died due to it. The numbers are rapidly increasing each day. But, inspite of all this, when that "Rs.20 lakh crore" was announced, we all stood up with good anticipation and efficacious expectation. Because what announced till then was, the second biggest Covid stimulus package in the entire world, o...

Sharing with you a very nice story, I received as a WhatsApp forward... Once, Lord Indra got upset with Farmers, he announced there will be no rain for 12 years and you won't be able to produce crops. Farmers begged for clemency from Lord Indra, who then said, Rain will be possible only if Lord Shiva plays his Damru. But he secretly requested Lord Shiva not to agree to these Farmers. When Farmers reached Lord Shiva he repeated the same thing what Indra asked him to say, that he will play Damru after 12 years. Disappointed Farmers decided to wait till 12 years. But one Farmer regularly was digging, treating and putting manure in the soil and sowing the seeds even with no crop emerging. Other Farmers were naturally making fun of that farmer. After 3 years all Farmers asked that Farmer why are you wasting your time and energy when you know that rains will not come before 12 years. He replied "I know that crop won't come out but I'm doing it as ...

RBI recently decided to cut the Repo Rate by 75 bps from 5.15% to 4.40%. It is aimed at bringing down the cost of borrowing and and revive the economic growth, mainly in response to the financial impact of Covid-19 . Interest rate on the loans by banks, naturally started lowering due to this. However, banks were also be compelled to pay a lesser interest on FDs. SBI reduced its 1 Year FD to just 5.70% interest. The government has also declared lowering of interest rates on small savings schemes. PPF now is at 7.10% interest for April-June 2020 (reduced by 0.80%). You as an investor might be worried to see the lowering of interest rate on FDs, at the time when your equity investments have also gone down currently.  However, you have to think intelligently in this scenario. One of the basic fundamentals of personal investing is to make a proper Asset Allocation. Asset as an investment can be Equity, Fixed Income or Gold. Your entire investment should not be on any single as...

8 frequently asked questions during covid-19 Why are markets declining? How long it will decline? What would happen to my invested money? You might be going through such questions in your mind due to the ongoing turmoil in the market. To see hard earned money losing its capital value, is very painful for everyone. It is a concern for both you and me as a Financial Advisor. However, in my 25 years of experience in the industry, I have seen more than a couple of such acute market turmoil. Nevertheless, in all such times I have seen that the market recovered more than it had fell, within 12 months span. Here, I try to answer 8 questions, which I guess might be going through your mind, currently. Why is my portfolio in red despite investing for the last 3 to 5 years? Your investment is safe and you are facing just a notional loss. Have your confidence, by seeing how our market has reacted to such events in the past. Indian economy depends largely on domestic production. T...