Do you know a 1 percent less portfolio return can delay your financial freedom by 5 years?
A difference of a few crores in your portfolio, possibly
The biggest reason for this loss is that you refuse to deal rationally with your investments. You, quite simply, let greed and fear rule your decisions.
What does it mean?
It means that while a stock that you invested in went on to become a multi-bagger with 1000 times growth but you sold out just after the first 100%.
It means that you invested in real estate to see it deliver multi-fold returns, but you could only manage a Bank FD like return through your entire holding period. The costs of maintenance and taxes pushed the yield down further.
It means that the 20 mutual fund schemes (with multiple schemes in each category) you have in your portfolio for diversification and wealth building are actually defocusing the portfolio and will not deliver more than market returns.
It means that your hard earned money keeps waiting in your bank account for years while the demon of inflation continues to attack it, killing its value.
I am sure you can recall many more.
You chase one hot investment after another without any commitment or understanding.
This is the reason investment returns never turn into investor returns, your returns. You want to become rich, claim your financial freedom, YES. But your actions say otherwise.
There a big yawning gap between what you want from your investments and what these investments actually do.
As a result, you are effectively losing 1% or more of your portfolio return.
It hurts, right?
The good news is that you can make this work in your favour. Just that you have to ask some questions.
#1 How can I stop taking random decisions and have a more structured approach to my investments?
#2 How can I evaluate an investment properly and ask better questions before I commit my money?
#3 How can I claim my financial freedom, my time for myself and do things that I love to do?
My own experience
As an Investment Adviser, I have worked with hundreds of individuals for over a decade.
I am astonished to see these otherwise well-meaning, smart people who, on the one hand are sharp and make great progress with their careers, on the other hand have a very shallow approach to money and investments. Even they are not immune to the ‘returns chasing‘ greed or fear caused by ignorance.
All your emotions and actions related to money are driven by what you see your friends doing or what is peddled by eyeballs seeking, headline oriented media and the commission chasing bankers. Greed and fear abound.
You may get excited or scared by the stock market. The ticker of the stock market keeps you busy from moment to moment either pushing you from one stock to another or just staying at the sidelines, with no action.
You focus on the not important things, while the decisions that actually compound our money over years and build wealth are missed out.
You forget risk. In fact, we don’t even know what is real risk because we never talk about it meaningfully.
One of the big reasons I identified was that we were never taught to deal with “money”. This was not a subject in our education nor did we find our own time to learn how to make money work for us.
Decisions made with an unprepared mind pushes the money to go anywhere, everywhere with no direction, sometimes even to the point of no return.
And whose money is at stake? Yours!
Here’s the thing you don’t realise. If you are in your 30s or 40s, you are looking at another 40 to 50 years of investment decisions.
If you make more mistakes than good investing decisions, you are on the path of negative compounding.
If you are smart enough to avoid mistakes and make even a few real good decisions, you will be on your way to not only achieve your goals, faster but also build enough wealth to claim your financial freedom.
You can do it all by yourself, working hard over the years, making your own mistakes, learning from them and hoping that you achieve what you set out to.
Or, you can prepare yourself now. You can adopt a structured approach, know the key principles and apply them to your investing decisions.
You can choose to be a Money Master and take the reins of your investments, your money and your financial success in your own hands.
Money Master – Your claim to your financial freedom
A step by step, action-oriented approach to take the guesswork out of your money decisions and build your winning investment portfolio
Based on my experience working with individuals and interacting via my blog and workshops, I have identified a few key areas that I find investors struggling with.
It is now available as an action oriented learning program – Money Master.
It is designed to help you take your investment decisions to a whole new level and to help you master the decision models, which enable you to build your own winning investment portfolio.
In this action-oriented online program, you will practise step by step, all that it takes to make the best possible investment decisions that are aligned to your goals and values.
You will work to create your own thinking framework by rewiring your mind and using tools to make important investing decisions that impact your future.
Let’s see what the program has in store for you – the details.
What do you get with Money Master
#1 THE MONEY MASTER INSIDER
This is the core part of the program where we go through in detail about 20 important investment products. You will not only understand how these products function but also what tools do you use to make sense of them and decide if they should be a part of your investment portfolio.
You will understand time value of money, work with cash flows and assess and use risk to your advantage.
In this module, you get:
- Threadbare analysis of over 20 important investment products and options (across insurance, ULIPs, NPS, mutual funds, stocks, bonds, international investments and structured products)
- 50+ Audio and Video content including notes in PDF and Word documents (so that you can read and revise anytime, anywhere). This includes topics of time value of money, risk, understanding and valuing cash flows, interest rate and many more.
- Excel Templates, Workbooks & Case Studies (Apply and understand better + the worksheets help you commit all key things to mind). Heck you will learn to even build your own calculators for analysis.
- Exclusive Member Discussion Forum with an exclusive community of investors to discuss various approaches to investing
- Q&A sessions to discuss your queries
You can view the program outline below this page. Click to expand the sections. There is more content being added.
#2 BUILD YOUR FINANCIAL FREEDOM PLAN
You will be surprised to know that investments come second. There is a more important part to your investing journey and that is your financial plan, which helps you put your investing decisions in perspective.
A plan is your reference guide for these decisions, which also prevents you from making random transactions and the big mistakes that can eat away your money.
With your subscription to Money Master, you also get to build your own “The Ultimate Financial Freedom Plan”.
This covers a step by step guide to building your own financial plan drawn from my experience working with several clients. You will deal effectively with aspects of financial security, growth and freedom.
This is the plan with which you can free yourself from the tyranny of a salary and live a life at your own terms.
And a lot more that will come your way through the course in the endeavour to become a smarter investor.
With Money Master, your overall approach to money and investments is going to be transformed.
To revisit, with Money Master program:
- You will evaluate every investment product like a pro and make your investment portfolio comprising of equity, fixed income, real estate, gold, etc.
- Yes, you can sift through hundreds of mutual fund schemes and build your own portfolio.
- You will build your ultimate financial freedom plan to set the direction of your money to achieve your financial goals.
- Yes, you will be able to set your goals and identify what asset allocation is suitable for you.
Now this program is not just a compilation of videos and notes, which you can otherwise find on the internet. It is not just talk.
The best part of this program is that it involves action and doing. At every step, you are doing by either contributing your understanding to a forum or carrying out an exercise in the real world with yourself.
This ‘doing’ is what will rewire your mind and give it the right tools to think about money and investing.
The impact will be felt not just now but over decades of your investing journey.
Frankly, after completing Money Master, you can easily be your own financial advisor. And even if you do hire someone, you will have the skill and knowledge to ask all the right questions.
Totally worth it.
How do I subscribe to and access Money Master?
The Money Master program is generally open to subscription only once or twice in a year.
Currently, closed for subscriptions.
After completing the Money Master program, this is what you can aim to do:
- Stop those money leakages on your investments
- Use known investor tools to take the guesswork out of your investment decisions
- Securely meet the important financial goals in your life
- Create your own winning investment portfolio (across instruments)
- Achieve your financial freedom and get control over your time
No more scams or toxic products eating into your money!
No more haphazard random transactions!
No more wondering how much and where to invest!
Not just that, you also prepare your mind to be able to see the good, the bad and the ugly of the investing world.
I look forward to work with you to help you transform as an investor and claim your own financial freedom.