Foreword from one of our investors from Doha, Qatar
Dear Milind,
First of all, it's a
beginning of the new financial year and therefore let me wish you a great financial the year ahead especially on the background of the challenges thrown to the world
by Coronavirus. I feel happy to contribute towards
this Volume III of the Newsletter published by your company in the larger interest
of their customers and keep them updated of the financial world so as to contribute
to financial awareness as it's the need of the hour.
Following are my views as an investor:
I am a new investor
in this field of investment of Mutual Funds and equities. I have earlier
invested in equities but the experience was not good. This was a period of
Harshad Mehta approximately in 1996. Then after many years, I again
started investing in equities but that time withdrew the money for investment
in real estate. This was in 2013.
When I met Milind Bane my overall
portfolio was heavily invested in Real estate. My calculation was that the
return on investment is to get monthly rent for family expenses and in addition appreciation
in property value. I also have kept some investment in fixed deposits.
When my portfolio was reviewed by Friends
Investments Chairman Milind Bane in 2015. He explained to me the importance
of liquidity and explains the difference between the investment in
financial assets and physical assets (the one I had already invested in real
estate). Importance of Investing in Mutual Funds is another best way to
create financial assets over a longer-term by the proper mix of Equity and
Debt Funds.
I have understood the
importance. I started investing in a monthly SIP. I learned that till you have
earning from your salary or business, keep investing in Monthly SIP. Once
you retired which is obvious to have a longer period of at least 8 to 10 years of
time, and then monthly returns in the form of SWP to meet your monthly expenses.
As a proper mix of
longer-term debt exposure I also have my savings in life insurance, and
contingency provision for health insurance through adequate Mediclaim services
from Friends investments. It’s my rather appeal that everyone must take the
review of his or her financial investments done vis-a-vis financial goals which
Milind helps to define if not defined with the help of financial tools and take
advantage of Services of Friends Investments to build a proper portfolio
towards one's financial success. I am personally satisfied with professional
staff under the leadership of Chairman Milind Bane of Friend Financial Services.
I wish them all success and happiness.
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