Go Financial Plan

Y’day attended the 28 th wealth creation study at Motilal Oswal tower, for the first time it reflected upon
1) Why Economic profits are superior metric to Accounting Profits.
2) Talked about hockey stick 🏒 returns.
3) They also had a tribute to the great and legendary Investor “Charlie Munger” who passed away few weeks back. The person who was a part of Berkshire Hathaway and Warren Buffet’s investment philosophy.
As they said ,One of most important characteristics of creation # is having Right Temperament and conviction on your investments and as always for me some good take aways and growth in learning of this journey of mine as an Advisor #.

We know Funds, and it's Fund Managers give return as per there # Stock selections, but as an Advisor what is our role in creating more to our clients, this can be done through which is in our hands. Last few years we have created more wealth through our timely Rebalancing.
The latest one being our Rebalancing call in March 31st when we suggested shifting from Debt to Equity at Nifty levels of 17100 and today we see Nifty levels of 18250 in a span of 45 days more than 6% growth has been generated.
Using rebalancing as tool creates more wealth for your clients with the same resources .