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Growing Your Money:
The BasicsApril 5, 2013
By Guita T. Gopalan
Why few succeed?
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Ignorance
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Aimlessness
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Lazy
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Impatient
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Greed
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Building wealth is not a game of
chance.
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Key to Success: STRATEGY
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TARGET
PLAN
INSTRUMENT
Defining Your Goals
Protection Life Goals Retirement
PURPOSE – TARGET – TIMELINE
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Minimum Benchmark - Inflation
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Strategy – Map to Wealth
RISKSREWARDS
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Reward
End in Mind
Focus on the purpose
Many ways to reach the same goal
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Risk
Match risk with your goalPurposeTargetTimeline
Equip yourselfKnowledgeSkills
Build your savings continuously
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- What we want- What we worry about- External factors
- What we can manipulate
- What we can plan for- Internal Factors
CONTROL
CONCERN
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Building wealth is…
A life-long balancing act!
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THANK YOU
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GuitaTGopalan
@guitagopalan
Guita Gopalan
admin@guitagopalan.com
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