Friday, July 23, 2010

Let's Talk Wealth Creation



Let's Talk Wealth Creation
Wealth means different things to different people - what does it mean to you?
Ideas and innovation are the currency of today."
Throughout with wiTdom, you will find information on successful wealth creation methods currently being used today. But like the excerpt says above, your success relies not only on your ability to copy these recommended methods, but also in your ability to adapt the strategies to match your particular situation and strengths.
Alakshmi is visualized as an owl seated beside Lakshmi, Alakshmi is a secret goddess, invisible to all. The only way to see her is to have Saraswati, goddess of knowledge and good sense by your side. But Lakshmi will never let Saraswati stay in the same house as her. She will go wherever there is Saraswati and kick her out, making room for Alakshmi. Why does she do that, one wonders. But then one is told that Lakshmi is a whimsical goddess, she does not like to stay in one place too long. By kicking Saraswati out and by getting Alakshmi in, she ensures there is a fight in the house and when there is a fight, wealth invariably moves out of a house. But if Saraswati is in the house, good sense prevails, fights do not take place and Lakshmi is unable to move out.
As society increasingly values Lakshmi over Saraswati, we are inviting Alakshmi into our lives, to our great
peril. Time to watch out.
Regards
Atul Sikrai
Sr Vice President & head – Equities
wiTdom investment advisory.

Tuesday, July 6, 2010

Mere Paas wiTdom Hain


If u r with wiTdom making money is child's play.
wiTdom philosophy of investing is this: You can’t go too far wrong if you get the big questions right.
The big questions are not “when will the economy recover?” or “where will the market go next?” True, these are the questions that most investors obsess over. But it’s a misallocation of your time.
The big question is how to build wealth with a game plan for the long haul-and, more specifically, the following points that you can take action on:
How can I secure the highest return with the least amount of risk?
How can I protect both profits and principal?
What can I do to build wealth and guarantee my investment portfolio will be worth more in the future?
Here’s how this philosophy The answer can make this year – and your future ones – very prosperous.
Stick to Our Asset Allocation Model
Successful investing begins by conceding that – to a degree – uncertainty will always be your companion.
Asset allocation should be the foundation stone of your whole investment program. It’s critical to building your long-term financial health
The real art of investing is knowing when to sell
Let Your Winners Ride And Cut Your Losses Early
Don’t Fall in Love with an Investment
Atul Sikrai
Sr Vice President & Head Equities
wiTdom invesment advisory.