MGS FIN Health n Wealth

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Financial Planning
06/06/2020

Financial Planning

Dear All,We are glad to inform you that we have brought out an innovative product which will give financial protection t...
22/03/2020

Dear All,

We are glad to inform you that we have brought out an innovative product which will give financial protection to those who are likely to be affected by Novel Coronavirus (nCov) (Covid-19). This product is called Star Novel Coronavirus (nCoV) (COVID-19) Insurance Policy (Pilot Product) and the product will be launched w.e.f 21/03/2020. The product is available with two Sum Insured options of Rs.21,000/- and Rs.42,000/- with a premium of Rs.459/- + GST and Rs.918/- + GST respectively.

More details please send your WhatsApp number to 889192 9393

This policy is available Online. Click here @ https://bit.ly/3bif3OK

Shant Investment Plan An old farmer and his grandson lived on a farm. One day the grandson said, “I try to read the Bhag...
29/02/2020

Shant Investment Plan

An old farmer and his grandson lived on a farm. One day the grandson said, “I try to read the Bhagavad-Gita just like you but I don’t understand it much. And whatever little I understand, I forget it very soon. What is the use of reading this book?”
The old farmer quietly turned from putting coal in the stove and said, “Take this coal basket down to the river and bring me back a basket of water.”
The young boy did as he was told, but all the water leaked out before he got back home. The farmer asked him to try again, and again. But every single time, the water leaked out of the basket before he got back to the house. Finally, he said exhausted, “See Grandpa, it’s useless!”
“So you think it’s useless?” the old farmer said, “Look at the basket.” The boy looked at the basket and for the first time realized that the basket had been transformed from a dirty old coal basket to a new clean one, inside and out.
Investment Lesson

Similarly investors who start their SIP don’t realise its virtues (benefits) initially.
But nurture it with patience and discipline and over a period, the benefits of SIP will emerge just like the sun emerges at dawn brings light and prosperity to our lives.
SIP always rewards people with discipline and patience by providing delayed gratification.

Happy Investing!

MGS FIN HEALTH N WELTH

MG Sasikumar

Contact us : 9633288211

Email us : [email protected]

Visit us : www.mgsasikumar.com

For more details about our services, please call us on 9633288211
28/02/2020

For more details about our services, please call us on 9633288211

Story Of The Week
23/02/2020

Story Of The Week

“Secret to build wealth - buy assets, avoid liabilities” The rich invest their money and spend what is left. Their inves...
22/02/2020

“Secret to build wealth - buy assets, avoid liabilities”



The rich invest their money and spend what is left. Their investment is focusing on the long-term acquisition assets such as stocks, bonds, business and real estate and what that asset will earn. The rich know exactly how they need to think in order to earn money. They always think (dream big) and act from the view of playing the game to win. They make sound investment decisions which are always based on their financial goals rather than market movements, controls their thoughts and emotions every day. They spend money on education seminar, books, newspapers and learn. By increasing their knowledge, they are able to see more opportunities, which translate into more money.

The poor spend their money in luxury items such as car, watches, electronic gadgets, jewellery, etc. and invest what is left. They spend more time and effort to buy the right luxury items than to buy the right financial products. They seek advice of financially struggling friends or relatives and blindly invest where they indicate; never try to understand basic investment principles and feel doing investment are confusing & difficult. They are always in a state of mind where thoughts such as “I can’t afford it” or “Live below your means” come from. They are constantly fighting for financial survival, regardless of how much money they made.

The middle classes generally do not spend on such assets which make them wealthy in the long term. They spend their money on liabilities treating them as assets. As their philosophy is to buy more real assets, though it is beyond financial capacity and treat them as investments. This is in reality increase their expenses, erodes their savings and lead to a great debt trap and into more financial uncertainties. Invest wisely. Speak to your Financial Advisor today.

Happy Investing!

MGS FIN HEALTH N WELTH

MG Sasikumar

Contact us : 9633288211

Email us : [email protected]

Visit us : www.mgsasikumar.com

Address

Kochi
683104

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