"Wealth Creation Formula" - Specially for Mumbai Readers

Cant see this email properly ? [View this newsletter in your browser.]( Dear {NAME} Today I want to talk about "Wealth Creation Formula" and 3 ingrediants which defines how much wealth you will create in your life. Its one of the things we talk about in our full day workshops, and I want to give a glimpse of that today to all our readers. How much wealth you will create in your life is a function of 3 things • A - Amount of money you invest from your side • R - Where you invest (basically the return you get) • N - How long you invest (how well you let it compound) As an investor, the wealth creation process is very simple .. At every point of your investing life, all you have to do is take actions which maximizes A , R and finally N. A - Amount you invest Most of the investors chase returns, but forget to focus on A. Just because you have got super returns on a small part of your portfolio , it does not mean that your wealth creation is happening. A major part of your portfolio should be into those avenues which is giving you big returns, but we observe that people are stuck into Endowment policies and bank FD's all their life which product below inflation returns. Also, you need to push yourself and take out a sizable portion of your take home pay for investing each month. Unless you do that, you will not create major wealth. Amount you invest is like the raw material of the final product (wealth) and you have to maximize it. Is there someone at your end (your friend or an advisor) who is helping to you consistently invest and make sure you dont over spend your income and focus on A from time to time. Is there someone to keep a check on how much you need to invest for your goals and if its sufficient enough? R - Return you Get Again, how much return you get on your investment is another thing to focus on. Just because you are investing good amount, does not mean it will lead to big wealth because you also need to see how well its growing and how is the quality of that growth. A small difference of 2% in return over long term can mean 2X of Wealth at the end. You need to ask yourself if your portfolio is growing at a return which above inflation? Do you know what is the R of your overall portfolio? How well you choose your investments will define your R . Do you have someone trusted and experienced person on your side who is doing it for you? If you think just picking some funds on the basis of an internet articles will lead to wealth creation, then everyone will become wealthy, and you know its not possible ! N - How long are you invested This is another main ingrediant of wealth creation. Just because you got 20% return last year does not mean much from long term wealth creation point of you. If your 50,000 has become 1 lac in just a matter of 2 yrs, its luck and a small pocket money, but wealth creation happens when your 1 lac of investment turns out of to Rs 28 crores over years. And, it happened ! Rs 1 lac invested in the company "Havells" 1996 ([see this video]( it has grown to Rs 20 crores today. Thats wealth creation and its not EASY ! Do you have that level of patience or guidance on why to stay in an investment? Is someone monitoring and controlling your emotions in investing? Wealth Creation is not EASY Not every one in this world is RICH because its not easy. More than 1,000 families trust Jagoinvestor team for their wealth creation because we help them to maximize all 3 elements of A, R and N . If you feel you also need our help in wealth creation, [do talk to us]( -- OR - Attend our Mumbai Workshop on 22nd July This "Wealth Creation Formula" is a small glimse of the quality conversations we do in our full day workshop in different cities. The next workshop is happening in Mumbai on 22nd July (thats Sunday) and we still have 3-4 early bird tickets left if someone wants to grab the 40% discount. [Get 40% off on Early Bird tickets]( We know its raining heavily in Mumbai. We are going to travel from Pune and Ahmedabad and conduct it event. So do not get stopped by rains. Do not let the rains be the reason to skip the event and surely attend the program at any cost. What a workshop participant gets? • Step 1: Register for the Program (Book your Seat) • Step 2 : Get your Financial Health check-up done (with dedicated CFP) • Step 3 : Participate in Full Day workshop on 22nd July • Step 4 : Get 2 Financial Counseling calls post workshop The workshop is an opportunity for investors to work on their financial life. We will share all that we have learnt about personal finance with all participants. The workshop is only for the action takers and it will start the moment you will register. Lets meet soon ! Manish PS : We are planning the workshop in various other major cities in coming months, stay tuned ! 1200+ Financial Planning Clients 5000+ Financial Goals Managed by us 90+ Cities from where our clients belong to ABOUT Jagoinvestor.com Jagoinvestor.com is one of the most read and trusted sources of personal finance services across India. We are trusted by more than 1 million readers across the world. We have more than 1,200 clients spread across India and world (mostly NRI). We are based out of Pune and Ahmedabad. [Unsubscribe (Stop getting any further emails from Jagoinvestor website)]( Jagoinvestor.com A-508, Venkatesh Lake Vista Ambegaon, Pune - 411046