Personal Wealth Management

WORKSHOP ON PERSONAL WEALTH MANAGEMENT

S G Raja Sekharan

My Wealth management blog http://mbaclassdiscussions.blogspot.com/20 10/09/investing-in-equities-part-1.html

Agenda and timelines

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Introduction and definition of being wealthy Concept of financial independence concept of cash flow quadrant 15 minute break Investment -MF Equities Fixed deposits Insurance Gold Lunch Real estate Investment in Business 10 minute break Financial plan for life closure and action plan

09:15:00 09:35:00 10:00:00

10:45:00 11:10:00 11:55:00 12:00:00 12:40:00 14:00:00 15:00:00 15:20:00 16:30:00

09:35:00 10:00:00 10:30:00

11:10:00 11:55:00 12:00:00 12:40:00 13:00:00 15:00:00 15:20:00 16:30:00 17:00:00

Study well, get a good job, work hard You will get rich

Study well, get a good job, work hard You will get rich

You will not get rich by studying well, getting a good job and working hard

Q1 -How much money should one have to be counted as wealthy

Q2 -You’ve got a lottery for Rs 50 crores today – what are the three things you would do?

How do you define being wealthy

Wealth isn't how much money you have, it's what you're left with if you lose all your money

Truly wealthy people have something called attraction. They have invested their TIME in the components of wealth: –Their wealth network (the people they know), –their financial fitness (knowing how to invest), and – clarity of their path (they know what they want).

How does one get wealthy

• The wealthy didn't get wealthy by investing their money, they got wealthy by investing their time. They invested their time on building these three components. • When a wealthy person loses all their money, they haven't lost their network, mindset or clarity, and these make it increasingly easy for them to turn the money tap straight back on again.

Arjun Malhotra

When a wealthy person loses all his money, he hasn't lost his network, mindset or clarity, and these...