Bodhi Wealth

Is Your iPhone Purchase Aligned with Your Wealth Goals? In India, the iPhone is more than a smartphone; it's a lifestyle statement. But are we buying it for the right reasons? Let’s dive into the facts! 📊 Who’s Buying iPhones in India? Demographics: Mainly millennials and Gen Z, aged 25-40, in urban areas with an annual income of ₹10-20 lakhs. EMI Purchases: Nearly 60% of Indian iPhone buyers opt for EMI plans, potentially impacting long-term finances. Cost to Income: An iPhone costs 1-2 months' salary for an average Indian earning ₹8-12 lakhs annually. ✅ Right Reasons to Buy: Upgrade Time: Your phone is outdated, affecting productivity. Business Needs: For photography, content creation, or business, it’s an investment. Passion & Financial Comfort: Buying tech because you love it and can afford it. 🚫 Wrong Reasons to Buy: Bragging Rights: Impressing others isn’t worth the financial strain. Frequent Upgrades: Changing phones annually harms both finances and the environment. EMI Purchases: If you can’t buy it outright, reconsider the purchase. 📢 Takeaway: Buying an iPhone isn’t wrong, but it’s crucial to consider why. Smart wealth management means mindful spending. #BodhiWealth #SmartSpending #WealthManagement #MindfulPurchases #iPhoneIndia #InvestInYou Photo credits: @memezar

📉 Investment Insight: Did you know? The top-ranked mutual fund scheme from 2018-2020 now ranks 190th for 2021-present. Meanwhile, the current #1 fund was ranked 160th during 2018-2020. Key Observation: Current winners may not have been past winners, and past winners might not remain at the top. Lesson Learned: Chasing the #1 fund can be a fleeting strategy, as top rankings shift rapidly. Focusing solely on high returns isn't a sustainable investment approach. Consistency and long-term performance are far more crucial. Invest wisely and look beyond the rankings! 📊 Source: FundsIndia

🌟 The Secret to Creating Long-Term Wealth 🌟 * An Excerpt from The Psychology of Money: Timeless Lessons on Wealth, Greed, and Happiness. Book by Morgan Housel Throughout history, the downfall of many wealthy individuals has been rooted in one thing: greed. The constant craving for 'more' can lead to taking unnecessary risks. But good investing isn’t about chasing the highest returns—it's about making steady and sustainable gains over time. 📈 The real key to long-term wealth? Compounding. It’s not about getting rich quick; it's about staying rich by being smart, frugal, and perhaps a bit paranoid about your investments. 💡 Remember, wealth isn't just about money—it's about security and longevity. The richest people are those who’ve managed to stay wealthy for the longest period. Avoid risky schemes with unrealistic promises, and focus on proven investment strategies that offer consistent returns. 🔒 A solid investment portfolio is built on frugality, flexible thinking, and realistic timelines. And always keep in mind: acquiring wealth shouldn’t be driven by the desire to impress others. True financial success is about security, peace of mind, and the freedom to live life on your terms. 🌱 #WealthManagement #InvestmentStrategy #FinancialIndependence #LongTermWealth #BodhiWealth

🌟 Insight on When Markets Fall! 🌟 Sensex saw sharp correction of more than 2.74% yesterday. Market fluctuations like this will keep happening regularly. Don't panic and sell your investments, hoping to buy back at the market bottom. Markets eventually go up, so the best strategy is to buy on the dips. We suggest always having some surplus funds parked in fixed income assets for times like this. Deploy these funds into your equity portfolio as the market falls, providing a tiny boost to your equity portfolio! 📈 At Bodhi Wealth, we're not your average financial planners who sell mutual funds. We are wealth managers who curate balanced mutual fund portfolios to achieve better risk-adjusted returns for you. 🌟 💬 Get in touch with us to learn more about how we manage mutual fund portfolios. Happy Investing! #WealthManagement #MutualFunds #InvestmentStrategy #FinancialPlanning #BodhiWealth

Curate a World-Class Mutual Fund Portfolio in 1 Minute! 🌟 Is your mutual fund portfolio truly balanced? Here's the ultimate formula we've crafted from years of expertise and thousands of portfolio analyses: 1. Hold 5-10 Funds 📊: Keep your portfolio streamlined. 2. Asset Allocation 🏦: Diversify across Large, Mid, and Small caps based on your risk appetite. 3. AMC Diversification 🔄: Choose funds from 5-6 different Asset Management Companies. 4. Blend Investing Styles 🌐: Include Growth, Value, and Momentum funds for all market cycles. 5. Periodic Rebalancing 📅: Adjust based on market conditions, e.g., pause small cap SIPs during high valuations. 6. Remove Laggards 🗑️: Cut underperforming funds while considering tax implications. 7. Avoid Thematic Funds 🚫: They're risky, volatile, and require perfect timing. Remember: Wealth is created by consistency and discipline, not just high returns. Plan, execute, rebalance, and avoid market noise. Why Work with Experts? 🧑💼: If an expert can help you achieve even a small 1% better return across your portfolio vs a DIY approach taken by people or following suggestions of "Finfluencers", over 20 years the portfolio handled by experts can increase your wealth by 15%! A 2% return improvement under an experts guidance can boost your final corpus by 30%! 💥 Let’s be honest: a full-time expert is more likely to deliver better returns than if you were managing it yourself. This marginal increase has the potential to reduce your retirement age by a few years. Powerful, right? 💪 Happy Investing! 🚀 #MutualFunds #InvestmentStrategy #WealthManagement #PortfolioManagement #FinancialPlanning #Investing #ExpertAdvice #AssetAllocation #MarketTrends #RetirementPlanning #SmartInvesting #FinancialGoals #LongTermWealth #InvestmentTips #WealthCreation #FinancialAdvisor #Finance #MoneyManagement #InvestingInYourFuture #LinkedIn

🌟 Investment Insight by Safal Niveshak 🌟 We came across a compelling article by Vishal Khandelwal, founder of Safal Niveshak and a thought leader in value investing. Vishal emphasizes that investors should not be swayed by budget announcements and other economic events that often make headlines but have minimal impact on long-term investment success. 🔑 Key Takeaways: Focus on What You Control: Regardless of tax changes or economic conditions, your consistent savings and smart investments are what truly matter. The Power of Frugality: Frugal living and disciplined investing may not be as newsworthy as stock market reactions, but they are essential for wealth creation. Stay the Course: Ignoring the noise of economic news, unless it directly impacts the cash flows of businesses you own, is a competitive advantage. Vishal’s advice is a reminder to maintain a long-term perspective and stay focused on your investment goals through market fluctuations. 📖 Read the full article here: Budget, Taxes, and the Power of Acceptance https://lnkd.in/dGqYRhKG For those eager to master the art of investing and developing a mindset for long-term wealth creation, we highly recommend subscribing to Vishal’s insightful articles and newsletters. #Investment #WealthCreation #FinancialPlanning #LongTermInvesting #PersonalFinance #Budget2024 #InvestSmart #FinancialLiteracy #MarketInsights #InvestorEducation #StayFocused #BodhiWealth

🚀 Navigating India's Growth Story: Insights from the Union Budget 2024 As we move further into 2024, the Indian economy is showing promising signs of growth and transformation. 🌟 According to BCG, India generated a record USD 588 billion in financial wealth in 2023. By 2028, nearly 30% of global financial wealth creation is expected to come from the Asia-Pacific region, with India contributing roughly USD 730 billion annually over the next four years. 💹 At Bodhi Wealth, we believe that understanding the macroeconomic trends and policy changes is crucial for making informed investment decisions. 📈 Here’s a snapshot of the key economic indicators and budgetary measures shaping India's growth trajectory: India’s Performance in FY24: A Snapshot 📊 GDP Growth: India’s GDP grew by approximately 7.2%, driven by resurgent private consumption, robust investments, and a rebound in exports. 📈 Stock Market Performance: The BSE market capitalization crossed USD 4.6 trillion, with the Nifty 50 index increasing by around 30%. 💼 Record FDI Inflows: India attracted USD 71 billion in FDI, reflecting global investor confidence. 👷 Employment: India added 46.7 million jobs, with employment growing at 6% in FY24. 📜 Key Highlights from the Union Budget 2024 ⚖️ Fiscal Discipline and Growth: Fiscal deficit target reduced to 5.1% from last year’s 5.8%. Capital expenditure allocation increased to INR 10.5 lakh crore, focusing on green energy and digital infrastructure. 💸 Tax Reforms: Corporate tax collections rose by 10.26%, with a 22% tax rate for domestic companies. 💻 Digital Transformation and 🌱 Green Push: Investments in the India AI mission and the National Green Hydrogen Mission, aiming to position India as a leader in technology and sustainable energy. 🏥 Healthcare and 🌾 Rural Development: Increased allocation for healthcare and MGNREGA, focusing on resilient healthcare infrastructure and skilled job creation. 🏦 Monetary Policy: Government aims to keep inflation in the target range of 4-6%, with RBI supporting growth through accommodative monetary policies. 🔮 Looking Ahead: The Next 5 Years India's growth story is poised to continue, supported by strategic government measures and robust economic fundamentals. 📊 Investors should consider these trends and align their portfolios to capitalize on India’s evolving economic landscape. At Bodhi Wealth, we are committed to helping you navigate these changes and build a robust investment portfolio. 💼 Let’s make the most of India’s growth story together! #FinancialPlanning #MutualFunds #IndianEconomy #UnionBudget2024 #InvestmentOpportunities #WealthCreation

Investing Smartly When the Market is at its Peak💹🌟 #Investing #LongTermInvesting #MarketVolatility #FinancialGoals #SIP  #MarketCorrection #InvestmentStrategy

Understanding SEBI's probe into Quant Mutual Funds and its implications for investors. Stay informed, stay calm. #SEBIProbe #QuantMutualFunds #InvestorAlert #FinancialAdvice #InvestorProtection