House magazine for the associates of Gopast. This is the 24th quarterly issue. Inscriptions made on stone seldom fade, this is the core of the tag line of this magazine. Truth Stays Forever. This magazine will be of interest for people engaged in the financial services industry
Fantastic tutorial, shared with us by Dario Ilardi, of Grafica2d3d.com, I recommend to see.
The website is in Italian, but it is full of excellent tutorials, understandable in any language.
This great tutorial, explain, step by step, how to obtain, by using vray 2.0 for sketchup, a render, clear and clean as what we see in the picture below.
Dario say : " I'm experimenting with the use of brute force as a substitute of irradiance map and I must say that in terms of speed and quality impressed me positively "
Thanks so much Dario for this one, the result is really good !
Fantastic tutorial, shared with us by Dario Ilardi, of Grafica2d3d.com, I recommend to see.
The website is in Italian, but it is full of excellent tutorials, understandable in any language.
This great tutorial, explain, step by step, how to obtain, by using vray 2.0 for sketchup, a render, clear and clean as what we see in the picture below.
Dario say : " I'm experimenting with the use of brute force as a substitute of irradiance map and I must say that in terms of speed and quality impressed me positively "
Thanks so much Dario for this one, the result is really good !
hafentalks #9 - Jeff Gothelf: "Almost Everything I've Learned from 6 Years of...hafentalks
On 12 December 2017, Jeff Gothelf, speaker, executive coach and author, held this talk at the "hafentalks", an event series on technology, corporate culture and design in Düsseldorf, organized by InVision: "Lean UX has created a new way of looking at how we design products and services. Equally as important, it has created a new way to look at working together with our colleagues in product management, software engineering, marketing and executive leadership. In this talk, Jeff Gothelf, author of Lean UX, recaps his learnings from practitioner to author and to teacher of Lean UX."
A quick overview of Gemer, the ledger-free, distributed execution environment. Presented at Blockchain Playground 2018, a blockchain event hosted by Asia Business Daily at Seoul, South Korea.
Inscriptions is our house magazine meant for our associates. In this issue we Discuss about "Make the impossible; possible", Play by the rules and be rewarded, The journey of money, Retirement planning and we are proud to be associated with a Yogasana wonder
Inscriptions is our house magazine meant for our associates. In this issue we Discuss about "Make the impossible; possible", The amendments made to sec 10(10D) and the suitability of Life Insurance Endowment type products, Partnership insurance, Estate planning and we are proud to be associated with a sports person and a gold medalist
hafentalks #9 - Jeff Gothelf: "Almost Everything I've Learned from 6 Years of...hafentalks
On 12 December 2017, Jeff Gothelf, speaker, executive coach and author, held this talk at the "hafentalks", an event series on technology, corporate culture and design in Düsseldorf, organized by InVision: "Lean UX has created a new way of looking at how we design products and services. Equally as important, it has created a new way to look at working together with our colleagues in product management, software engineering, marketing and executive leadership. In this talk, Jeff Gothelf, author of Lean UX, recaps his learnings from practitioner to author and to teacher of Lean UX."
A quick overview of Gemer, the ledger-free, distributed execution environment. Presented at Blockchain Playground 2018, a blockchain event hosted by Asia Business Daily at Seoul, South Korea.
Inscriptions is our house magazine meant for our associates. In this issue we Discuss about "Make the impossible; possible", Play by the rules and be rewarded, The journey of money, Retirement planning and we are proud to be associated with a Yogasana wonder
Inscriptions is our house magazine meant for our associates. In this issue we Discuss about "Make the impossible; possible", The amendments made to sec 10(10D) and the suitability of Life Insurance Endowment type products, Partnership insurance, Estate planning and we are proud to be associated with a sports person and a gold medalist
This is a house Magazine of Gopast for circulation amongst its associates. Habits: changing the old ones and creating new ones under the Coping up skills, Islamic Financing and Takaful Insurance also Debt to income ratio of a family articles by Mr R Gopinath. Mr Ajay Tyagi about Risk management and Mr Ankur Shah about SVB collapse and Three children achievements covered in the Proud to be associated space
This is a house Magazine of Gopast for circulation amongst its associates. Coping up skills by Mr R Gopinath, Financial Derivatives by Mr R Gopinath and Article on the need of a professional insurance advisor by Mr Ankur Shah; Proud to be associated with Ms Payal Dave and Mr Arjun Shameer the passionate designers and the gallery of events at Gopast.
This is a house Magazine of Gopast for circulation amongst its associates. Coping up skills by Mr R Gopinath, Articles on retirement planning one by Mr R Gopinath and the other by Mr Nayan Bhowmick; Article on the need of a professional insurance advisor by Mr Ankur Shah; Proud to be associated with Mr D Murugesan the ambulance man and the gallery of events at Gopast.
This is our house magazine for circulation amongst our associates. This issue is covering the topics of Coping up skills using the body mind connectivity, Retirement dependency years graph and also Financial abundance.
Our House magazine addressing our associates. This issue contains how OTP for becoming the best version of ourself. Retirement planning, Behavioural difference and gallery
Our House magazine addressing our associates. This issue contains how to use Proud list as a part of coping skills. Partnership Insurance as a part of Niche market and Allocating money the concept of drawing our financial plan.
Inscriptions is our house magazine meant for our associates. In this issue we Discuss about "Guilt Feeling and how to recover from that", Intrinsic Value for Business and Families, and Retirement Needs from the technical side and The selection of Mr Hari Kishore N for the Technical tour and his experience.
Proud to present you the 35th issue of Inscriptions, our house Magazine. This issue contains valuable inputs. How to cope with stressful situations and recover soon an article by Mr R Gopinath, Sensex60k an article by Mr R Gopinath, that addresses the dilemma of investors. Mr D Balu contributes an article Asset Allocation and also the Hula Hooper Ms Ramya sharing her achievement
Proud to present you the 34th issue of Inscriptions, our house Magazine. This issue contains valuable inputs. How people rise themselves up from the valley of losses to successfully realise their dreams under the topic LegenD from L to D by Mr R Gopinath Radhakrishnan , How to Co-Create a life insurance plan with the Prospect an article which also narrates a real life incident also written by Mr R Gopinath, How is a family defined and how the money flow is important to the family an article by Mrs Savita Mudaliar Pillai and also our proud to be associated section covering the achievements of Mr Rohit son of an Insurance agent. Please read and also share for the benefit of our associates.-rg
Our Quarterly house magazine meant for our associates. This covers topics related to Mind management, wealth management , Risk management, Leadership and Marketing management. This issue covers Mirror Neurons, Net worth and Risk Management
Our Quarterly house magazine meant for our associates. This covers topics related to Mind management, wealth management , Risk management, Leadership and Marketing management. This issue covers Mirror Neurons, Net worth and Risk Management
Inscriptions 31st issue has been published. Please read about Self control and its role in our becoming a great personality in the article "Self Control- Is it a Rocket science?" written by Mr R Gopinath. The next article Financial Planning - the basics (part 1) written by Mr R Gopinath will be quite useful for financial planners, Insurance advisors and other investment products advisors. Mr Vidyadhar Lagad has contributed his article "Retirement planning, adoption of a son. We have proudly shared the achievement of Master Utkarsh Mathur, son of our associate Mr Samrat Mathur. Thanking all our contributors and patrons who have encouraged us to continue our pursuit of publishing a magazine that inspires and teaches our associates to bring about their best in their lives.-rg
This is the 30th quarterly issue for the associates of Gopast. This issue contains Mind management, Wealth Management, and gallery of news and achievements.
This is the 29th quarterly issue for the associates of Gopast. This issue contains Mind management, Wealth Management, and gallery of news and achievements
This is the 28th quarterly issue for the associates of Gopast. This issue contains Mind management, Wealth Management, Retirement planning and gallery of news and achievements
This is the 27th quarterly issue for the associates of Gopast. This issue contains Mind management, Wealth Management, Retirement planning and gallery of news and achievements
This is the 26th quarterly issue for the associates of Gopast. This issue contains Mind management, Retirement planning, Health insurance and gallery of news and achievements
House magazine for the associates of Gopast. This is the 22nd quarterly issue. Inscriptions made on stone seldom fade, this is the core of the tag line of this magazine. Truth Stays Forever. This magazine will be of interest for people engaged in the financial services industry
Latino Buying Power - May 2024 Presentation for Latino CaucusDanay Escanaverino
Unlock the potential of Latino Buying Power with this in-depth SlideShare presentation. Explore how the Latino consumer market is transforming the American economy, driven by their significant buying power, entrepreneurial contributions, and growing influence across various sectors.
**Key Sections Covered:**
1. **Economic Impact:** Understand the profound economic impact of Latino consumers on the U.S. economy. Discover how their increasing purchasing power is fueling growth in key industries and contributing to national economic prosperity.
2. **Buying Power:** Dive into detailed analyses of Latino buying power, including its growth trends, key drivers, and projections for the future. Learn how this influential group’s spending habits are shaping market dynamics and creating opportunities for businesses.
3. **Entrepreneurial Contributions:** Explore the entrepreneurial spirit within the Latino community. Examine how Latino-owned businesses are thriving and contributing to job creation, innovation, and economic diversification.
4. **Workforce Statistics:** Gain insights into the role of Latino workers in the American labor market. Review statistics on employment rates, occupational distribution, and the economic contributions of Latino professionals across various industries.
5. **Media Consumption:** Understand the media consumption habits of Latino audiences. Discover their preferences for digital platforms, television, radio, and social media. Learn how these consumption patterns are influencing advertising strategies and media content.
6. **Education:** Examine the educational achievements and challenges within the Latino community. Review statistics on enrollment, graduation rates, and fields of study. Understand the implications of education on economic mobility and workforce readiness.
7. **Home Ownership:** Explore trends in Latino home ownership. Understand the factors driving home buying decisions, the challenges faced by Latino homeowners, and the impact of home ownership on community stability and economic growth.
This SlideShare provides valuable insights for marketers, business owners, policymakers, and anyone interested in the economic influence of the Latino community. By understanding the various facets of Latino buying power, you can effectively engage with this dynamic and growing market segment.
Equip yourself with the knowledge to leverage Latino buying power, tap into their entrepreneurial spirit, and connect with their unique cultural and consumer preferences. Drive your business success by embracing the economic potential of Latino consumers.
**Keywords:** Latino buying power, economic impact, entrepreneurial contributions, workforce statistics, media consumption, education, home ownership, Latino market, Hispanic buying power, Latino purchasing power.
Falcon stands out as a top-tier P2P Invoice Discounting platform in India, bridging esteemed blue-chip companies and eager investors. Our goal is to transform the investment landscape in India by establishing a comprehensive destination for borrowers and investors with diverse profiles and needs, all while minimizing risk. What sets Falcon apart is the elimination of intermediaries such as commercial banks and depository institutions, allowing investors to enjoy higher yields.
how to sell pi coins effectively (from 50 - 100k pi)DOT TECH
Anywhere in the world, including Africa, America, and Europe, you can sell Pi Network Coins online and receive cash through online payment options.
Pi has not yet been launched on any exchange because we are currently using the confined Mainnet. The planned launch date for Pi is June 28, 2026.
Reselling to investors who want to hold until the mainnet launch in 2026 is currently the sole way to sell.
Consequently, right now. All you need to do is select the right pi network provider.
Who is a pi merchant?
An individual who buys coins from miners on the pi network and resells them to investors hoping to hang onto them until the mainnet is launched is known as a pi merchant.
debuts.
I'll provide you the Telegram username
@Pi_vendor_247
what is the best method to sell pi coins in 2024DOT TECH
The best way to sell your pi coins safely is trading with an exchange..but since pi is not launched in any exchange, and second option is through a VERIFIED pi merchant.
Who is a pi merchant?
A pi merchant is someone who buys pi coins from miners and pioneers and resell them to Investors looking forward to hold massive amounts before mainnet launch in 2026.
I will leave the telegram contact of my personal pi merchant to trade pi coins with.
@Pi_vendor_247
Poonawalla Fincorp and IndusInd Bank Introduce New Co-Branded Credit Cardnickysharmasucks
The unveiling of the IndusInd Bank Poonawalla Fincorp eLITE RuPay Platinum Credit Card marks a notable milestone in the Indian financial landscape, showcasing a successful partnership between two leading institutions, Poonawalla Fincorp and IndusInd Bank. This co-branded credit card not only offers users a plethora of benefits but also reflects a commitment to innovation and adaptation. With a focus on providing value-driven and customer-centric solutions, this launch represents more than just a new product—it signifies a step towards redefining the banking experience for millions. Promising convenience, rewards, and a touch of luxury in everyday financial transactions, this collaboration aims to cater to the evolving needs of customers and set new standards in the industry.
The secret way to sell pi coins effortlessly.DOT TECH
Well as we all know pi isn't launched yet. But you can still sell your pi coins effortlessly because some whales in China are interested in holding massive pi coins. And they are willing to pay good money for it. If you are interested in selling I will leave a contact for you. Just telegram this number below. I sold about 3000 pi coins to him and he paid me immediately.
Telegram: @Pi_vendor_247
What price will pi network be listed on exchangesDOT TECH
The rate at which pi will be listed is practically unknown. But due to speculations surrounding it the predicted rate is tends to be from 30$ — 50$.
So if you are interested in selling your pi network coins at a high rate tho. Or you can't wait till the mainnet launch in 2026. You can easily trade your pi coins with a merchant.
A merchant is someone who buys pi coins from miners and resell them to Investors looking forward to hold massive quantities till mainnet launch.
I will leave the telegram contact of my personal pi vendor to trade with.
@Pi_vendor_247
NO1 Uk Divorce problem uk all amil baba in karachi,lahore,pakistan talaq ka m...Amil Baba Dawood bangali
Contact with Dawood Bhai Just call on +92322-6382012 and we'll help you. We'll solve all your problems within 12 to 24 hours and with 101% guarantee and with astrology systematic. If you want to take any personal or professional advice then also you can call us on +92322-6382012 , ONLINE LOVE PROBLEM & Other all types of Daily Life Problem's.Then CALL or WHATSAPP us on +92322-6382012 and Get all these problems solutions here by Amil Baba DAWOOD BANGALI
#vashikaranspecialist #astrologer #palmistry #amliyaat #taweez #manpasandshadi #horoscope #spiritual #lovelife #lovespell #marriagespell#aamilbabainpakistan #amilbabainkarachi #powerfullblackmagicspell #kalajadumantarspecialist #realamilbaba #AmilbabainPakistan #astrologerincanada #astrologerindubai #lovespellsmaster #kalajaduspecialist #lovespellsthatwork #aamilbabainlahore#blackmagicformarriage #aamilbaba #kalajadu #kalailam #taweez #wazifaexpert #jadumantar #vashikaranspecialist #astrologer #palmistry #amliyaat #taweez #manpasandshadi #horoscope #spiritual #lovelife #lovespell #marriagespell#aamilbabainpakistan #amilbabainkarachi #powerfullblackmagicspell #kalajadumantarspecialist #realamilbaba #AmilbabainPakistan #astrologerincanada #astrologerindubai #lovespellsmaster #kalajaduspecialist #lovespellsthatwork #aamilbabainlahore #blackmagicforlove #blackmagicformarriage #aamilbaba #kalajadu #kalailam #taweez #wazifaexpert #jadumantar #vashikaranspecialist #astrologer #palmistry #amliyaat #taweez #manpasandshadi #horoscope #spiritual #lovelife #lovespell #marriagespell#aamilbabainpakistan #amilbabainkarachi #powerfullblackmagicspell #kalajadumantarspecialist #realamilbaba #AmilbabainPakistan #astrologerincanada #astrologerindubai #lovespellsmaster #kalajaduspecialist #lovespellsthatwork #aamilbabainlahore #Amilbabainuk #amilbabainspain #amilbabaindubai #Amilbabainnorway #amilbabainkrachi #amilbabainlahore #amilbabaingujranwalan #amilbabainislamabad
Introduction to Indian Financial System ()Avanish Goel
The financial system of a country is an important tool for economic development of the country, as it helps in creation of wealth by linking savings with investments.
It facilitates the flow of funds form the households (savers) to business firms (investors) to aid in wealth creation and development of both the parties
how to sell pi coins at high rate quickly.DOT TECH
Where can I sell my pi coins at a high rate.
Pi is not launched yet on any exchange. But one can easily sell his or her pi coins to investors who want to hold pi till mainnet launch.
This means crypto whales want to hold pi. And you can get a good rate for selling pi to them. I will leave the telegram contact of my personal pi vendor below.
A vendor is someone who buys from a miner and resell it to a holder or crypto whale.
Here is the telegram contact of my vendor:
@Pi_vendor_247
how to sell pi coins in all Africa Countries.DOT TECH
Yes. You can sell your pi network for other cryptocurrencies like Bitcoin, usdt , Ethereum and other currencies And this is done easily with the help from a pi merchant.
What is a pi merchant ?
Since pi is not launched yet in any exchange. The only way you can sell right now is through merchants.
A verified Pi merchant is someone who buys pi network coins from miners and resell them to investors looking forward to hold massive quantities of pi coins before mainnet launch in 2026.
I will leave the telegram contact of my personal pi merchant to trade with.
@Pi_vendor_247
how can I sell my pi coins for cash in a pi APPDOT TECH
You can't sell your pi coins in the pi network app. because it is not listed yet on any exchange.
The only way you can sell is by trading your pi coins with an investor (a person looking forward to hold massive amounts of pi coins before mainnet launch) .
You don't need to meet the investor directly all the trades are done with a pi vendor/merchant (a person that buys the pi coins from miners and resell it to investors)
I Will leave The telegram contact of my personal pi vendor, if you are finding a legitimate one.
@Pi_vendor_247
#pi network
#pi coins
#money
how to sell pi coins in South Korea profitably.DOT TECH
Yes. You can sell your pi network coins in South Korea or any other country, by finding a verified pi merchant
What is a verified pi merchant?
Since pi network is not launched yet on any exchange, the only way you can sell pi coins is by selling to a verified pi merchant, and this is because pi network is not launched yet on any exchange and no pre-sale or ico offerings Is done on pi.
Since there is no pre-sale, the only way exchanges can get pi is by buying from miners. So a pi merchant facilitates these transactions by acting as a bridge for both transactions.
How can i find a pi vendor/merchant?
Well for those who haven't traded with a pi merchant or who don't already have one. I will leave the telegram id of my personal pi merchant who i trade pi with.
Tele gram: @Pi_vendor_247
#pi #sell #nigeria #pinetwork #picoins #sellpi #Nigerian #tradepi #pinetworkcoins #sellmypi
4. c C :743 7A C 16 713d
7 SKT OUT NOY W O K UL KT OT S GOTOTM YKYYOUTY GTJ 7 MK G G OK
UL KYVUTYKY L US NK VG OIOVGT Y :K SK ROY YUSK,
FKY O OY IU KI
7 OY IU KI H TU GR G Y
7 OY YU H Y HPKI U IUTJO OUTY
& 7 OY NKU K OIGRR IU KI H V GI OIGRR LGRYK
/Y G MO R 7 NG K K LK INUOIKY
( 7 OY K UTR LU G LK R IQ UTKY
) 7 OY UTM IUSVRK KR
ROLK OY 5UJbY INUOIK
; ROLK OY S OLKbY INUOIK
3 K NOTM OY TJK S N YHGTJbY IUT UR NU IGT 7 NKT YG
O OY S INUOIK.
/TJ NK ROY MUKY UT GTJ UTa
BNK V OSG JOLLOI R OT GIIKV OTM NOY c ROLK OY U INUOIKd OY
NG UTIK K GM KK U NOY Y G KSKT K NKT RUYK NK R UL
c0RGSOTMd EK G K K KSKR YKJ U NK R UL GYYK OTM
HRGSK EK IGT TU HRGSK GT NOTM- 5UJ VG KT Y INORJ KT YUIOK
U MGTOYG OUT I Y USK Y SGT LGI KY I R K LG K JKY OT K I
:UUQ G YUSK UL U Y G KSKT Y- NK KGY NK B N OY
BNK Y UTK OVVKJ SK- BNK Y UTK GY Y G OI 7 OVVKJ UT O
BNK MRGYY LKRR L US S NGTJY- 7 J UVVKJ O H SOY GQK
BNK GOT RKL - 7 G O KJ RG K
5. :UUQ G NOY VOI K V BNK K OY G Y OS R Y GTJ G VK YUT- HK KKT
NK Y OS R Y GTJ NK VK YUT NK K OY G YVGIK GTJ OT NOY YVGIK ROKY
NOY!NK L KKJUS UL INUOIK
A OS R Y, /T NOTM NG K UQKY G KYVUTYK L US G VK YUT 7 IU RJ HK
GT K KT LU K GSVRK- G Y UTK LR TM G Y 7 IU RJ GRYU HK G U J
LU K GSVRK- YUSKHUJ K OTM cNK OY G TOIK VK YUTd 7 IU RJ HK G
YUTM LU K GSVRK- cBNK TG OUTGR GT NKSd O IU RJ HK G VOI K LU
K GSVRK- c;OIGRKGTMKRUd 7T YNU GT NOTM NG K UQKY G KYVUTYK
L US Y OY G Y OS R Y
0K KKT GT Y IN Y OS R Y GTJ NK VK YUT NK K OY GR G Y G YVGIK
GTJ OT NG YVGIK NK!YNK NGY NK L KKJUS UL INUOIK 6OY!NK KYVUTYK
IU RJ HK U U U &
BNK G G KTKYY UL NK LGI K NG K NOY L KKJUS UL INUOIK OY U VU
K 3 KT NU MN NK L KKJUS UL INUOIK OY NK K OL K G K TU G G K
UL NG GTJ K LKKR NG NK K OY TU INUOIK U NK NGT NKT K
G K VU K RKYY GTJ NK Y OS R Y OY UU VU K L R
PIC1
6. 4O Y RK SK IRG OL NOY, OY O K NG K NG K NOY L KKJUS UL
INUOIK OT K K YO G OUT. FKY K JU :K Y YG N VU NK OIGRR - UT
U G NUSK G UHHK P SVY HKLU K Y GTJ VUOT Y G VOY UR G U
NKGJ OT IRUYK GTMK GTJ JKSGTJY U LU NK HGM OT U NGTJ A OS
R Y - 2U K Y ORR NG K NK L KKJUS UL INUOIK.
BGQK G SOT K U NOTQ GHU NOY YO G OUT GTJ GTY K NOY W KY
OUT- 2U K Y ORR NG K NK L KKJUS UL INUOIK.
7 YKKSY UH OU Y NG K SG TU NG K GT U NK INUOIK NGT U MO K
NK HGM G G 7Y O K NG OT GRR Y IN YO G OUTY K K HUJ
JOJ NK YGSK. U K NG K IUSK GI UYY Y U OKY NK K NK OI OS
U RJ HK LU MN O N NK UHHK K NG K O TKYYKJ NOY OT YUSK
SU OKY OT NOIN NK UHHK GY GRQKJ U UL NK UHHK 7T LGI OT
K K YO G OUT NU K K J GY OI SG O HK K Y ORR NG K YUSK INUOIKY
U INUUYK L US 7 GS TU YG OTM NG K YNU RJ TU MO K G G NK
HGM GTJ KTJGTMK U RO KY /RR NG 7 GS OTM U IUT K NK K OY
NG K NG K INUOIKY U UL NOIN MO OTM G G NK HGM OY P Y UTK UL
NK INUOIKY
:K Y TU RUUQ G GT KSU OUTGRR SU OTM K GSVRK,
/ SU NK NGJ IUTY R KJ SK GHU NK U HRK NG YNK GY TJK MU
OTM ANK NGY KG URJ YUT BNK HU OY K JK NK YNU Y G NK
K KT LU NK YSGRRKY OYY KY NG VYK NOS O N GH YO K U JY ANK
YG Y NG YNK U RJ TU YK Y IN U JY K KT GMGOTY NK KTKSOKY 6K
NGY K KT YRGVVKJ NK ANK NGY TU UTK U NK NGT NK YUT OT NK LGS
OR YNK YG Y YNK NGY YGI OLOIKJ YU S IN LU NK YUT GTJ Y ORR NK OY YU
TM G KL R AOTIK NOY INORJNUUJ NK NGY HKKT MO KT YU S IN G KT OUT
GTJ IG K NG NK YKKSY U NG K GQKT NOTMY LU M GT KJ 7 OY TU
NG NK HU NGY GR G Y HKKT ROQK NOY SUY UL NK OSKY NK OY UQ
H G OSKY NK HKNG KY ROQK NOY ANK YG Y NK OY K QOTJ U NOY
L OKTJY NK OY K KT QOTJ U GTOSGRY- H O Y O N NK U NUS NK OY
YU TQOTJ GTJ JK GTJ NG UU P Y UTIK OT G NORK O OY L KW KT
TU 6K G OSKY KM K Y NOY GI OUTY GTJ GVURUMOYKY ANK URJ SK
NG YNK NGY YGI OLOIKJ NK IG KK LU NK YGQK UL NOY HU YNK NGY RK
MU NK GSHO OUTY GYVO G OUTY GTJ K KT YUSK KRG OUTY LU NK YGQK
UL NOY HU GTJ K NOY OY NG YNK KTJ KY
7. ANK GYQY SK NG INUOIKY JUKY YNK NG K OT NOY YO G OUT. ANK OY
IK GOT NG YNK NGY U URK G K NOY GTJ GO LU G MUUJ OSK NKT
NK HU ORR INGTMK LU NK HK K BNG G YNK IGT QKKV V NK
OSGMK OT NK YUIOK GTJ G NK ULLOIK NG YNK OY G MUUJ RGJ GTJ
NG GRR OY KRR OT NK LGSOR 7 U RJ TU RKG K O U NK KGJK Y U
VUTJK VUT NOY GTJ KRR SK OL U NOTQ NK K G K SU K INUOIKY.
ENG K K SG HK NK Y OS R Y K Y ORR NG K INUOIKY BNK Y OS R Y
IU RJ HK G N KG U O IU RJ HK G KSV OTM HGJ NGHO U O IU RJ HK
GT OTY R H G IUSS TO SKSHK U G HGIQY GHHOTM L OKTJ U O
IU RJ HK G SGI U K KT ROQK GT KIUTUSOI SKR JU T U GT ULLK UL
H OHK O IU RJ GRYU HK GT TSGTTKJ GLLOI YOMTGR EK GR G Y NG K
S R OVRK INUOIKY
6G K U K K K VK OKTIK G YO G OUT NK KOT U K K NG YN O N
YUSKUTK GTJ RG K KGROYKJ O GTJ GVURUMOYKJ LU O . 6G K U K KJ
G U J NG N G VK YUT GTJ RG K KVKT KJ LU O .
7L NK GI GY NK UTK NG JKYK KY KVKT OTM U KM K OTM N JU
O U HKMOT O N. EK K K G G K UL NK U NK INUOIKY G GORGHRK U Y
U OY O HKIG YK K LKR NG GI OTM ROQK NG GY NK UTR G GORGHRK
UV OUT INUOIK KUVRK NU RUUQ G VOI YUSK OSKY KRR SK NG U
NG K YNU T G HOM YVGIK HK KKT NK Y OS R Y GTJ NG VK YUT H OT
KGR ROLK NK K OY TU Y IN R BNK YVGIK OY P Y G SOI U SORROSK K
U YUSK OSKY P Y G SOI UT RKTM N G U YK YIKTG OU U RJ HK OT
NOIN NK K OY TU YVGIK G GRR
0 HKROK K SK O KYVKI O K UL NK TO Y UL SKGY KSKT Y 7 IGT KRR
U NG NK K OY YVGIK /TJ KTU MN YVGIK U K K IOYK U L KKJUS UL
INUOIK 0 TJK Y G OTM NOY VNKTUSKTG K IGT K KRR YG NG -
c UHUJ IGT JOY H Y O NU U VK SOYYOUTd
c UHUJ IGT VYK Y O NU U VK SOYYOUTd
c UHUJ IGT KSV Y O NU U VK SOYYOUTd
FU IGT GY KRR Y HY O K NK U J cTUHUJ d O N cTU NOTMd
8. BNK SUY LGYIOTG OTM I KG OUT OT NOY U RJ OY NK N SGT H GOT 7 Y
L TI OUTY G K GSG OTM FKG Y GTJ JKIGJKY UL KYKG IN GTJ JOYIU K OKY
GTJ K YU S IN SU K GO OTM U HK TIU K KJ
7L NK H GOT OY G NG J G K O Y L TI OUTOTM OY IGRRKJ NK SOTJ :UUQ G
NK VOI K VOI HKRU BNK L TI OUTY UL NK SOTJ IGT HK H UGJR JO
OJKJ OT U U BNK IUTYIOU Y SOTJ GTJ NK Y HIUTYIOU Y SOTJ
BNK IUTYIOU Y SOTJ
4O Y IURRKI Y OTLU SG OUT L US NK U RJ N U MN NK YKTYKY
/TGR YKY NK OTLU SG OUT- ROQK K LGRYK ROQK JOYROQK K I-
A U KY NK OTLU SG OUT K Y Y KSG OIGRR OT G OU Y LURJK Y GTJ
LORKY O N RGHKRY GTJ OTJK KY LU NK UIIGYOUT NG JKSGTJY NK YK
UL NK OTLU SG OUT U SGQK JKIOYOUTY-
PIC2
9. :K SK MO K U GT K GSVRK U ORR Y G K NOY V UIKYY ENORK 7 GY
W O K U TM SG HK U KG Y URJ 7 GIIUSVGTOKJ S VG KT Y U G
KRG O KY NU YK LU R TIN BNK NGJ SGJK K YVKIOGR G GTMKSKT Y
LU NK R TIN GSUTM G G OK UL JOYNKY GY GT O KS IGRRKJ cYGSH
NG d NG OY U HK NGJ O N OIK- NK K GY G VOKIK UL M KKT INORR OT
NG 7 SOY UUQ O U HK G KMK GHRK ROQK M KKT HKKTY GTJ YU 7 HO OT U
O 7 GY YU NU NG 7 LKR GT KRKI OI Y MK UL YU Y L US NK UV UL
S NKGJ U NK OVY UL S UKY BNOY OTLU SG OUT MU Y U KJ OT NK
GVV UV OG K VRGIK OT NK SOTJ 4U S NKT UT NKTK K NK K KY YVU
G M KKT INORR OT GT LUUJ O KS NK SOTJ GRK Y NK NGTJ GTJ NK
NGTJ V YNKY O G G
BNK IUTYIOU Y SOTJ IUTY SKY G RU UL KTK M OT NOY V UIKYY AU GL K
KVKG OTM GT GI OUT U K G V URUTMKJ VK OUJ UL OSK O V YNKY NK JK
IOYOUT OT U NK Y HIUTYIOU Y SOTJ YU NG NK GI OUT IU RJ HK UT G U
VORU SUJK
7L U UR T G GI OUTY! KGI OUTY G K IUT URRKJ H U IUTYIOU Y
SOTJ U OT UR T G GI OUTY G K IUT URRKJ H U Y HIUTYIOU Y
SOTJ NK KH GI OTM ROQK G V UM GSSKJ UHU
:K Y MU HGIQ U U JOYI YYOUTY UT NK Y OS R Y- VK YUT YVGIK GTJ
NK L KKJUS UL INUOIKY / NK IUTYIOU Y SOTJ RK KR G Y OS R Y OY K
IKO KJ GTGR YKJ GTJ JKIUJKJ HGYKJ UT GR KGJ Y U KJ OTLU SG OUT GTJ
K VK OKTIKY /Y SKT OUTKJ KG ROK NKYK JKIOYOUTY MK V YNKJ OT U NK
Y HIUTYIOU Y SOTJ U NK K KT NG U KYVUTYKY G K G USG OI
BNG OY NK OSK NKT K LKKR NG NK K OY TU YVGIK HK KKT NK
Y OS R Y GTJ U KYVUTYK- U K KT U YK K LKKR NG NK K OY TU
U NK INUOIK G GRR ENORK NK LGI OY NG NK K OY YVGIK GTJ NK K G K
U NK INUOIKY UU
:K SK MO K U YUSK K GSVRKY,
AUT TU ROY KTOTM U NK OTY I OUT UL NK LG NK U YO GTJ LOTOYN NOY
NUSK U Q YG Y NG NK GT Y U VRG NKT O N NOY L OKTJY 3 KT GY
NK Y G KJ K OTM NOY OYN U VRG NK LG NK GOYKJ NOY NGTJ U YRGV
NOS TU YVGIK TU U NK INUOIK
10. / YSGRR GIIOJKT - G SU U I IRK H YNKY UT NK YOJK UL U IG K MK
JU T GTJ YNU G NOS / OSKY OT RGTM GMK NG JUKY TU KLRKI
U KJ IG OUT U VH OTMOTM TU YVGIK TU U NK INUOIK
/ IURRKGM K IUSSKT Y UT U U Q K MO K G OURKT KYVUTYK U O
TU YVGIK TU U NK INUOIK
BNK YOMN UL G LRGM K UQKY GTMK TU YVGIK TU U NK INUOIK
BNK UTK UL G SU NK OT RG YIG KY NK TK JG MN K OT RG YNK
I OKY OT V O G K I YOTM NK LG K UL MK OTM SG OKJ OT U NOY LGSOR
TU YVGIK TU U NK INUOIK
/ N YHGTJ ORR KG Y GTJ NK OLK P Y Y GRRU Y NK OTY R TU YVGIK
TU U NK INUOIK
/ OLK OY Y YVOIOU Y GTJ N Y NK N YHGTJ O N NK U JY NK N Y
HGTJ GO Y LU G JG NKT YNK U RJ IU KI NK YKRL TU YVGIK TU
U NK INUOIK
ASUQOTM OT V HROI VRGIKY OY HGTTKJ OT 7TJOG H G VK YUT YKKY GTU N
K VK YUT V LLOTM IOMG K K LKKRY NK MK GTJ OURG KY NK RG
ASUQOTM OT V O G K VRGIKY OY GRYU OTP OU Y U NKGR N IG YKY IGTIK
KUVRK NU G K KYVUTYOHRK LU NKO LGSOROKY NU IGT NK TU T
JK Y GTJ NK JGSGMK O IU RJ IG YK U NKS- GTJ HKIG YK UL NG
NU S IN JGTMK G K NK V OTM NKO HKRU KJ LGSOR OT. KVKG KJ
R NK K K IOYK NK YGSK INUOIK TU YVGIK TU U NK INUOIK
7L U KYVUTYKY G K IU KI SKGTOTM NG K NG K YKJ NK L KKJUS
UL INUOIK NKT K S Y IUT OT K NG G 0 OL K QTU NG U
KYVUTYKY K K TU IU KI NKT NK G K TU NKRVL R U U M U N
GTJ YU K S Y INGTMK
6U JU K NKT KV UM GS NOY UHU .
SOTJ V UJ IKY NU MN Y NOIN OMMK KRKGYK UL G YK UL NU
SUTKY NG IG YKY G YVKIOLOI KGI OUT OT Y
11. SOTJ OY G LGI U NG V UJ IKY NU MN Y 7Y O VUYYOHRK LU GT
LGI U U V UJ IK UV W GRO V UJ I OL NK G SG K OGRY YKJ OT
NK V UJ I OUT OY UL HGJ W GRO . /RSUY OSVUYYOHRK BNK YGSK OY K
LU U SOTJ UU 7L U SOTJ OY V UJ IOTM NU MN Y NKT O YKY NK
G SG K OGRY IGRRKJ OTLU SG OUT NG K GRRU U MK OT U NOY LGI U
AU OL K GRRU ORR!HGJ W GRO OTLU SG OUT U YKKV OT U U SOTJY
NKT NK SOTJ YKY NG U V UJ IK NU MN Y UL ORR!HGJ W GRO U
SGRR OT LGI U OKY NK W GRO IUT UR JKVG SKT INKIQY NK V UJ
I Y HKLU K O OY VGIQKJ GTJ YNOVVKJ 0 LU U SOTJ LGI U K
S Y YK NK ?1 G NK OSK UL VOIQOTM NK G SG K OGR OTLU SG
OUT O YKRL
EG INOTM BD YK OGRY NOIN OT NK TGSK UL LGSOR J GSGY MO K TKMG
O K OTLU SG OUT GHU KRG OUTYNOVY ORR I KG K JU H Y GHU KRG
OUTYNOVY 7T YUSK UL NK Y U OKY K TU OIK NG GRR SU NK Y OT RG Y
G K I TTOTM GTJ I KR GRR N YHGTJY G K JOYRU GR GRR O KY G K G U
MGT GTJ YKRLOYN EG INOTM NOY KVKG KJR NG UU O N GT KSU OUT
GR IUTTKI OUT NG UII Y J K U NK YI KKTVRG HGIQM U TJ YIU K
NK K V KYYOUTY UL NK G OY Y GLLKI Y NK OK K Y 7 NG K YKKT YUSK
U TMY K Y G K GL GOJ UL MK OTM SG OKJ G NK NGT MK OTM K IO KJ
GHU NKO SG OGMK NK G K YIG KJ GHU O Y V UYVKI Y
7Y O VUYYOHRK U VOIQ OTLU SG OUT UTK H UTK GTJ GRRU O U KT K U
SOTJ. BNK K OY G HK K G U JU NG
7L K IGT GVVUOT GVV U KJ Y VVROK Y L US NUS K ORR OT GQK OT
LU SG OUT LU K GSVRK- KGJ HUUQY O KT H 2 / 8 /HJ R 9GRGS
A KVNKT 1U K Y HYI OHOTM U U HK INGTTKRY UL KYVKI KJ SKT U Y
GTJ YU UT 1 KG OTM G L OKTJ IO IRK NOIN OY MUUJ OT GRR GYVKI Y NK
UTK NG YN TY HGJ NGHO Y GTJ NK UTK NG GR KY MUUJ ;U GRKY NK
UTK NG OTYVO KY GTJ KTIU GMKY IGT OSV U K NK W GRO UL U
NU MN Y K KT O NOT G YNU YVGT UL OSK
BNK UVVUYO K ROQK NG OTM L OKTJY OT NK IO IRK NU HUGY UL HGJ
NGHO Y VKUVRK NU G K YKRLOYN NU JU TU GR K NKO I R K IGT JK
K OU G K NK W GRO UL U NU MN Y O NOT G K YNU YVGT UL
OSK
12. ENKT NK IUTYIOU Y SOTJ KIKO KY RUGJY UL W GRO OTLU SG OUT O MUKY
U MK Y U KJ GTJ YKJ OT JKIOYOUTY SGQOTM GTJ SUY OSVU GT R O
MK V YNKJ OT U NK Y HIUTYIOU Y NG I KG KY GT G UVORU UL NK
NOMNKY W GRO OTLU SG OUT KTY OTM NK NOMNKY W GRO VK LU
SGTIK
EK IGT TJK Y GTJ U KGQTKYYKY ROQK GTMK KMU R Y MK OTM
KSV KJ LKKROTM OTLK OU GHU YKRL- GTJ YU NKT MU U GTJ YKG IN
OTLU SG OUT NG IGT I K NKYK JOYKGYKY ROQK NK G K MU OT YKG IN
UL JUI U Y YVKIOGROYOTM OT JKVG SKT Y OT NOIN K G K GLLKI KJ EK
JUTb NG K U GO LU MUUJ OTLU SG OUT U LRU EK IGT YKG IN GTJ
YU IK LU O U YKR KY
AUSK M KG K GSVRKY UL NK G G KTKYY UL L KKJUS UL INUOIK,
7 W U K L US NK YVKKIN UL ;GNG SG 5GTJNO G 8UNGTTKYH M MOTM
NK /YOGT IUSS TO U Y GTJ V GMGOTY NK JOYI OSOTG OUT H NK
ENO KSKT H VKGIKL RR SG INOTM U NK SGOT YW G K GTJ H T NK
OJKT O IG J GTJ Y G G TUT IUUVK G OUT SU KSKT 6K GY NKT ;
9 5GTJNO NK GY RG K IGRRKJ O N KYVKI GY ;GNG SG SKGTOTM G
M KG YU R b
dBNK ORR OSV OYUT SK BNK SG
HKG SK BNK SG H GQK S HUTKY
GTJ K KT QORR SK GTJ NK ORR
NG K S JKGJ HUJ TU S UHKJO
KTIKd BNK IGT TU GQK G G U
YKRL KYVKI TRKYY K MO K O U
NKSd
VOI UL 5GTJNO OT AGR AG GM GNG OT 7TJOG
/TU NK Y IN K GSVRK OY 2 KRYUT ;GTJKRG NU GRQY U UL NK
V OYUT GL K GRSUY ) KG Y UL OSV OYUTSKT GTJ Y ORR LOMN Y GMGOTY
OTP Y OIK U NOY IU T SKT
13. U RK SK MU HGIQ U NK K GSVRK UL NK USGT NU NGJ IUSK U
SK YKKQOTM NKRV O N NK YUTbY HKNG OU ANK IU RJ GL K JK KRUV
OTM IUTLOJKTIK NG YNK IGT NGTJRK NK YO G OUT OT G JOLLK KT G
LU TJ U NK INUOIKY YNK NGY OMN G G U NK NGT URK G OTM NK
G SG NG YNK OY TJK MUOTM GTJ NKT YNK NGJ G M KG YKTYK UL K
ROKL
7T Y SSG 7 IGT YG NOY,
U UTK IGT JOY H Y O NU U VK SOYYOUT
U UTK IGT VYK Y O NU U VK SOYYOUT
U UTK IGT KSV Y O NU U VK SOYYOUT
EK G K NK SGY K Y UL U INUOIKY GTJ U INUOIKY I KG K U ROLK
/ GT GMK G GT OSK L US GT NK K K IGT Y G U PU TK U
M KG TKYY
0RGSOTM OY P Y G H JKTYUSK R NG U K KOMNY U V UM KYY OT
I KG OTM G L K NG K GT LU U YKR KY
EK IGT OSV U K U INUOIKY GTJ NK KH OSV U K U ROLK
EK IGT Y UV U HGJ NGHO Y GTJ Y G MUUJ NGHO Y NG ORR NKRV Y
GTJ U LGSOR
EK IGT SGQK U YKR KY IU GMKU Y IUTLOJKT GTJ G VK YUT UL ING GI
K
EK IGT KV UM GS NK Y HIUTYIOU Y UHU
14. GURUS’ SPEAK
FINANCIAL DISCIPLINE VS FINANCIAL
INTELLIGENCE
THE FORMER WINS MOST OF THE TIMES;
HANDS DOWN
R.GOPINATH
gopinathr@go-past.com
www.go-past.com
15. FINANCIAL DISCIPLINE VS FINANCIAL INTELLIGENCE
THE FORMER WINS MOST OF THE TIMES; HANDS DOWN
R.GOPINATH
gopinathr@go-past.com
www.go-past.com
I ODWH L KDYH EHH UHDGL DUWLFOHV L VRPH IL D FLDO H VSDSHUV D G
PD D L HV DGYLVL WKDW F VWRPHUV P VW GH OL N L V UD FH D G
L YHVWPH W 9RUH VSHFLILFDOO R 2 GR PH W W SH RI L V UD FH
SROLFLHV WKDW RIIHU D VDYL V SRUWLR DOR LWK WKH ULVN FRYHU 6
PD FR WULHV WKLV LV N R DV FDVK YDO H SROLFLHV R WKH PD D L HV
FODLP WKDW WKH F VWRPHU P VW E D WHUP FRYHU IURP D L V UD FH
FRPSD D G IRU VDYL V RU L YHVWPH W KH P VW ORRN IRU RWKHU VR UFHV
D G RW IURP L V UD FH FRPSD LHV 6? 6 : ? .: 6:?288642:?
05 602 WKDW LV KDW WKH VD / W DUH WKH FRUUHFW L VD L VR-
?KH FODLP WKDW E RSWL WR VDYH PR H WKUR K L V UD FH SROLF WKH
L YHVWRU LV ORRVL KHDYLO D G LI R O KH R OG VDYH WKH PR H
WKUR K RWKHU VDYL V PHGLD KH LOO EH IDU PRUH EH HILWHG EHFD VH
WKRVH L VWU PH WV RIIHU D KL KHU HW U R 6 YHVWPH W 6
FRPSDUHG WR KDW 2 GR PH W SROLFLHV RIIHU
6 WKH ODVW % HDUV RI P H SHULH FH L WKH IL D FLDO VHUYLFHV
L G VWU L KDYH FRPH DFURVV WKR VD GV RI L YHVWRUV
.W WKH EH L L RI P GLVF VVLR L DVN WKHP KDW WKH R OG OLNH WR
DFKLHYH WKUR K WKHLU L YHVWPH WV RU VLPSO S W KDW WKH D W-
9RVWO SHRSOH VD 6 D W KL K UHW U V
?KH L DVN WKHP BK -
?KH VD R WKDW L KDYH PRUH 9R H
:R L DVN WKHP 1R R D W PRUH PR H RU GR R D W WR HDU
PRUH HW U 6 -
?KH VD .UH W ERWK WKH VDPH-
BKDW PD SHRSOH GR RW N R LV WKDW 9RUH 6 GRHV RW PHD R
LOO DO D V H G S LWK PRUH PR H
:R L DVN WKHP K GR R D W PRUH PR H ?KH VD R WKDW
L FD EH KDSS RU L FD EH L GHSH GH W
16. :R L DVN WKHP OHW V GHIL H FOHDUO DV WR KDW GR R UHDOO D W
DPR VW WKH WKUHH DERYH-
9RUH 6 RU 9RUH PR H RU % 9RUH 5DSSL HVV RU D IHHOL
RI L GHSH GH FH -
WHSKH 0RYH D RWHG PD D HPH W U D G D WKRU KDV D WKRUHG D
ERRN HYH KDELWV RI KL KO HIIHFWLYH HRSOH H RI WKH KDELWV RI
WKDW,
/246: B6?5 ?52 2:1 6: ?52 96:1
6 GLVF VVL WKH KDELW KH VD V H DUH DOO E V FOLPEL ODGGHUV E W
OHW V FKHFN LI WKH ODGGHU LV OHD L R WKH UL KW DOO R KDW LV WKH
H G UHV OW R D W WR DFKLHYH- 5L K UHW U V 6 RU WR KDYH
PRUH PR H RU WR KDYH D KDSS D G I OILOOL OLIH L GHSH GH FH-
CR IL G DGYHUWLVHPH WV VD L WKDW 9 W DO 3 G DKL 5DL
9HD L ?KDW 9 W DO 3 GV DUH WKH UL KW FKRLFH 9 T HVWLR LV
IRU KRP- 3RU KDW S USRVHV- 6 KDW FLUF PVWD FHV-
1RHV WKLV PHD WKDW RWKHU VDYL V L VWU PH W DUH UR FKRLFH- 6V
WKLV ODGGHU OHD L R WKH FRUUHFW DOO-
?KH SHUVR KR HVWDEOLVKHG WKH BKDUWR LYHUVLW KDG D YHU RRG
GHUVWD GL RI WKH UROH RI IL D FH L D SHUVR V OLIH ?KDW LV K
KH KDG DGYRFDWHG WKDW WKH VW GH WV S UV L D V EMHFW IRU
UDG DWLR EH LW PDWKHPDWLFV RU VFLH FH RU VRFLDO VFLH FH RU OD D H
P VW EH WD KW WKH I GDPH WDOV RI SHUVR DO IL D FLDO PD D HPH W
17. . SHUVR FD KDYH DGHT DWH PR H LI KH LV DEOH WR VWLFN WR WKH
I GDPH WDO SUL FLSOHV WKDW RYHU IL D FH UDWKHU WKD R L VHDUFK
RI WKH KL KHVW LHOGL IL D FLDO L VWU PH WV
18. ?5 22 PDL IDFWV WKDW DUH L RUHG L HVWLPDWL WKH SR HU RI
VDYL V WKUR K D H GR PH W W SH RI L V UD FH SROLFLHV DUH,
OTHER SAVINGS INSTRUMENTS ENDOWMENT POLICIES
IT IS JUST A RESOLUTION TO SAVE MONEY IT IS FELT AS A FINANCIAL OBLIGATION
TEMPTATION TO WITHDRAW MONEY ON
N O T I C I N G A S I Z E A B L E M O N E Y
ACCUMULATED
WITHDRAWAL ATTRACTS PENALTY
WHEN THE PROFITS ARE VARYING THERE IS
A TEMPTATION TO BOOK THE PROFITS SO AS
NOT TO LOOSE THAT GAIN AND WHEN THE
INSTRUMENT IS MAKING LOSES THERE IS
DRIVE TO PRE-CLOSE AND GET OUT WITH
WHATEVER REMAINS
DEFINITE REWARD FOR LOAYALTY
19. 8HW PH VKR R KR WKH PR H HDU HG R PDW ULW D G WKH 6 V
GLIIHU DFFRUGL WR WKH GLIIHUH WLDO EHKDYLR U RI WKH L YHVWRU 6 WKH
SUHVH W VFH DULR D R PD E L D H GR PH W SROLF EDVHG R
WKH ER V VWU FW UH VR IDU GHFODUHG FD H SHFW WKH IROOR L ,
BKH D SHUVR GHFLGHV WR FR WULE WH HYHU HDU L WR WKH
SROLF D G KDV ER KW LW KH N R V KH KDV WR LYH WKLV PR H HYHU
HDU 6I G UL WKH ODWHU HDUV KH VD V KH R OG OLNH WR LYH
L D HDU D G FRPSH VDWH WKH EDOD FH L WKH FRPL
HDUV LW LV RW SRVVLEOH L WKLV FR WUDFW ?KLV IDFW LWVHOI PDNHV KLP
IHHO WKLV FRPPLWPH W DV D IL D FLDO REOL DWLR 5H N R V WKH
FRPSD LOO RW DFFHSW L UH H DO SUHPL P
?KH WRWDO DPR W FR WULE WHG E WKH SHUVR LV UV
20. BKLOH VDYL WKH VDPH DPR W WKUR K D RWKHU L VWU PH W KH LV
M VW PDNL D UHVRO WLR WR VDYH WKH DPR W RI UV UH ODU
IRU HDUV
BH N R KDW KDSSH V WR R U H HDU UHVRO WLR V ELUWKGD
UHVRO WLR V UHVRO WLR V UHODWHG WR UH ODU SK VLFDO H HUFLVHV
UHVRO WLR V E D VW GH W WR VW G R H FKDSWHU HYHU HHN D G IL LVK
WKH KROH ERRN L WKH ILUVW KDOI HDU RI WKH DFDGHPLF HDU 9 ? 3
?52 ?692 ?52 2 8 ?6 : . 2 / 72: .:1 2:2B21
.4.6:,
. L VWU PH W KHUH KH VDYHV WKH VDPH E W L KLV
R VW OH LWK WKH VDPH 6 R OG KDYH RW R O % (
21. BKDW LI KLV WDU HW DV R PDW ULW -
?KLV PHD V WR HDU WKH VDPH DPR W RI KH P VW EH
HWWL D LHOG RI + ?KDW PHD V KH KDV WR WDNH D ULVN R WKH
FDSLWDO L YHVWHG ?DNL ULVN PHD V L YHVWL L ARODWLOH L VWU PH WV
BKH KH IROOR V WKH YRODWLOH F UYH LOO KH KDYH SHDFH RI PL G- . G
HYH DIWHU WKDW KDW KDV KH DFKLHYHG WKH VDPH R KH
DFKLHYHG PRUH 6 E W H GHG S LWK WKH VDPH DPR W RI PR H
22. 8RRN DW D RWKHU VFH DULR KHUH KH LWKGUD V PR H L EHW HH ,
5HUH R REVHUYH KH KDG LWKGUD PR H W LFH L EHW HH D G GLG
RW FRPSH VDWH LW VR HYH LWK ) 6 KH KDG D WRWDO EH HILW
RI ) LV D KL K LHOG FRPSDUHG WR + D G
P FK PRUH WKD ( FORVH WR GR EOH E W WKH H G UHV OW L WHUPV RI
DPR W RI PR H LV WKH VDPH
23. 8RRN DW D RWKHU VFH DULR KHUH L KH FRPSH VDWHV IRU WKH DPR W
WKDW KH KDG LWKGUD D G LI KH KDG DFKLHYH WKH VDPH 6 RI
( KH R OG KDYH H GHG S LWK D DPR W RI PR H DV VKR
KHUH GHU,
.OO WKH DERYH LOO VWUDWLR V VKR V WKH DGYD WD H RI D IL D FLDO
REOL DWLR YLV D YLV IOH LEOH D G DOVR WKH DGYD WD H RI WKH WKUHDW RI
SH DOW R LWKGUD DO
6 WKH EH L L L KDG DVNHG KLP GRHV KH D W PRUH HW U V- 9RUH
PR H - RU 5DSSL HVV-
.OO WKHVH LOO VWUDWLR V L IOH LEOH D G B1 DUH M VW DVV PHG DPR WV
CR FD FKD H WKLV DFFRUGL WR R U LVK D G DUULYH DW 6 V D G
GHFLGH IRU R UVHOI WKH SR HU RI 3L D FLDO GLVFLSOL H 5HUH 6 FR VLGHU
HDU L D KL KHU 6 HHG IL D FLDO L WHOOL H FH L WHUPV RI VHOHFWL
VWRFNV WLPL D G N R OHG H RI WHFK LFDO D DO VLV D G RWKHU DVSHFWV
24. 2 SHUWV KR KDYH H SHULH FHG WKH L YHVWRU EHKDYLR UV G UL YRODWLOH
PRYHPH WV D G WKRVH KR KDYH VW GLHG WKH L YHVWRUV SV FKROR
LOO HYHU GHUPL H WKH YDO H RI D L VWU PH W WKDW RIIHUV D V VWHP
WKDW H V UHV GLVFLSOL HG L YHVWPH W PHUHO R WKH IDFW WKDW LI RIIHUV D
OR HU 6
6 LOO EH GLVF VVL DER W KDSSL HVV D G PR H L WKH H W LVV H RI
L VFULSWLR V GUD L L IRUPDWLR IURP WKH VSHHFKHV RI 1U 1D LHO
7DK HPD 1U LFKDUG ?KDOHU D G RWKHU EHKDYLR UDO D DO VWV D G
HFR RPLVWV
/ W IRU R LI R DUH D DGYLVRU RU LI R DUH D L YHVWRU UHDGL
WKLV DUWLFOH EH L IRUPHG DER W WKH VH RI WKLV D H ROG L V UD FH F P
VDYL V SURG FW
!றள ( ,
அ%வ'உm ஆவ'உm ஆ+ வ%பயk!m
ஊ0யµm 23n5 ெசயl
BH P VW HVWLPDWH WKH SUREDELOLW RI ORVV D G WKH SUREDELOLW RI DL
D G WKH HIIHFW RI WKLV UR WK RU UHG FWLR R R U HDOWK FR VFLR VO
D G WKH D G R O WKH WDNH D DFWLR L YHVWL ?KLU N UDO (
26. WHY WE NEED A CHILD PLAN
The rising cost of education is troubling Indian parents. It’s
terrifying thought for any parent leaving his family without
adequate means to lead a comfortable life. The only way to get
over this worry is to take a sizeable life insurance cover. Financial
planners swear by term plans, arguing that these policies are the
best way to cover the risk of early death. They certainly are
because they offer a high cover at a low cost and give out a lump
–sum amount to the nominee if the policy holder dies but the
policy ends right there.
There are possibilities that the amount received through term
insurance is exhausted before the money is really needed for
child education specially in case of other partner not working .
On the other hand, a child insurance plan offers a
lump-sum payment on the death of the policy holder, but the
policy does not end there . All future premiums are waived and
27. the insurance company continues investing this money on behalf
of the policy holder. The child gets the money at specified
intervals as planned under the policy. In this way, the parent
ensures that his child’s needs are taken care of even if he is not
around,
Almost all life insurance firms have child plans in
their portfolio of offering. Some of these are market –linked
policies, which allow policy holder to invest in equities and dept,
while others are traditional plans which invest only in debt. in case
of life insurance policy, the premium paid for a child plan is
eligible for tax deduction under section80c, while any income from
the plan is tax-free under section 10 (10d).
Critics of child plans argue that these policies come at a very high
cost compared to a simple term plan. They say that instead of
allocating a huge sum as premium to a child plan, a parent can
buy a term plan of the same amount for himself and invest the
28. balance money in mutual funds. On maturity, he will have a bigger
corpus.
However, they miss out on a crucial detail. What if the
parent dies five years after taking the plan? The term plan will
give a lump-sum for the immediate needs of the family and further
investment in the mutual fund will stop. The child plan, however,
will not only pay the lump-sum, but will continue investing on
behalf of the policy holder. Insurers believe the waiver of premium
feature in a child plan is the key. It is big advantage because it
doesn’t let the death of the policy holder derail the investment
plan for his child , More over spouse in case of absence of
partner may get unnerved by market volatility and lacks the
necessary discipline to create wealth over the long term. Beside
this there are three major challenges for long term wealth
creation.
1.Regularity
2, Temptation to withdraw
29. 3. Living till the goals are achieved
It’s quite unlikely for every parent to overcome the above
challenges and sufficient money may not be available for the child
education funds and so child plan is a must for all parents.
30. KARATE KIDS
PROUD DAUGHTERS OF
MR JIGNESH PATHAK
AND
MRS PINAL PATHAK
AGENT LIC OF INDIA
FROM BARODA IN THE TEAM
OF MR PUNIT BHATT DEV OFFICER
31. Introducing two brave little girls of our Agent Mrs Pinal Pathak from Baroda, Gujarat
Listen to her own words:
My two daughters Ms.Jeeya and Ms.Atri Jignesh PATHAK are black belts in karate.
My eldest daughter name is Jeeya Jignesh PATHAK her DOB is 22nd April 2006. She
joined karate at age of 5 on. 1.07.11. She got her black belt on 28. 06.15 at age of 9.
She then participated in the state competition for selection in 2015 Her photo published in
her school diary and also two times in divyabhasker Newspaper.
My younger daughter name Atri Jignesh PATHAK, her DOB is 17th January 2008.she
joined her karate class 1.02.13 at age of 5 years. She also got her black belt 11.12.16 at
age of 8 years.
Both girls have got 51 medals in different karate competitions.
! !
onft *r-*{-vgffir}Auq
All I 1l lt lA KAII -ZEII-RYU
KARATE - ITO ASSOGIATIO]IA I KKA Affi Iiated with : I R A N IA N KA N -Z E N - RY U KA R ATE- DO A SS OC/A fl ON
|KKAApproved by: ASTAN KARATE FEDERATION &WORLD KARATE FEDERATION
WKF Recognised by : INTERNATIONAL OLYMPIC COMMITTEE
$,trtitirutr of Wluth Thtlt
Ir{ame : ,At*ri oT fio/rlnl
This above mentioned person is here by promoted to the
rank of BLACK BELT of Karate in
recognition of the great progress made by
Diligent study of the art of Ka;n-Zen-Ryu Karatedo.
We Con gratulate him/trer for on this achievement and expect
continuous progress in the true spirit of Karate Do.
No.,' ,a
I fi* X[T- Date.: tt h t b at f
SENSEI JESAL PATEL
CHIEF INSTRUCTOR & TECHNICAL DIRECTOR
Kanzenryu Karate lndia
3r6m $rrfrq *q -e=T-Tg ffirt A riq
All I ]I ITIA KAN -ZEII.RYU
KARATE I ITO ASSOGIATIO]IA I KKA AffiIi ated with : I R A N tA N KA N'ZE N' RY U KA R ATE- DO A SSOC/A frON
IKKAApproved by : ASIAN KARATE FEDERATION & WORLD KARATE FEDERATION-
WKF Recognised by: INTERNATTONAL OLYMPTC COMMTTTEE
^-.
{,wtiti r u tt o f Wlutb TBuIW
Name :
This above menfioned person is here by promoted to the
rank of BLACK BELT of Karate in
recognition of the great progress made by
Diligent study of the art of Kan'Zen-Ryu Karatedo.
We Congratulate himlher for on this achievement and expect
continuous progress in the true spirit of Karate Do.
- 554 Date.: !fil( ''q
SENSEI JESAL PATEL
CHIET INSTRUCTOR & TECHNICAL DIRECTOR
Kanzenryu Karate lndia
32. !
!
u.azdqtdcr Biail :
aia)tla)qrc ( ai+rrrd+ild )qr,
i eilg eifBsgfZo dlT .ng ,
' zqtq c)e). arrr slldlqi
i urGcr gc,rc) airtaa"fl .
, .vqtqerJ dcrrrci d. :
ilul,t+r{u.t r,iL* 6[itLi] rcLLql
sri ], "ttt.t'tt
Eltri ]'t R$L'te{l
"titrr,
.t{ stlqi r,tdRrt'tt
srcr l)r3 v lLq &. c{ej3qqi ett?d
.u+dt d-tr,i ut tdlalltu, og
1trt, u3l,{" ttttrrL ui "il'tustst
rqil hqarqi t-u'tt [ir,6 ui
u3?.[%Rtu otLcL ed tsl&.
oleucl dae"s )orct
r)lEar"rRru
tir..tl-i D"gc.tct+L't.tl uctdt?ltl
tu[qtq] &.
q1.{l.tL ettt'ti to tae{l uL'1u
tc[[.{.tLrtl uLdl &. tt1'[,]
'1t ut
lq?q% u) iiqla utL'{I0 } }'t il ug
$ru gorlilraui
.rs'tetL. aL.e
--Ji*.tt,tf- l,iIqf-;
irL.te h.'t {[il{.{.ttft
uLq'[r.t rttX e{.
.tS'[gtt.tt ]frt.tt
6rt1t-t {L.t ui *.{t.et
ri UctL.tst[r{l L"tL.t S{
ciltq .rtu{ ssi.
-a-
l,%ttd +<1
,,)+rlthtitrL{-tl .rLt'trti i
uLt.*.rioii %ettcqt u
ulLet qLil [ilh'tt isL't
{[rq,r-rt[iq *tL6 sr{I.
+utliti lvrtct rt"r't'{l }
lld qq r.ttct e0q'l ea'I.
.riistr.tL Q "leLd[dt
ttcL
sdl..
iGa
.tL*.ttrti a[lt.rl, in str.'0r &itl ++1{+t Q'Rt't
"nct tor{l *' t's } 4-'r irzl'+t irtqet Zqe e['Iu
{R.r-tnL'r ,I%.tL'tt utdl sc{I. u {[E'Lq'tRLq'Li
otLt.rotr*ri e.ro AeLd[e,l[ a'tttt e{lq] s,[. "rqLl +t'titt
?t%ltd ltt{'tt t4htt stU?.l{e{l uttrtl too'iaet xo
il ee qd-tt tet{tu]ltr qttt ed hlQtt qei dut'{L
sar. RetLqq 6{ dl. 'rslelrtt
{r[tq T )e r4i' u1.te
*dt (n ,on.l.) 'tL tt-ru sqet Rc'ttctti xo+ l1+t!
st*r qts t L"il s,il. tet dltqo+ E+ {[Q't't[Itu'tt
tl"ru* 6-s. fa. .tL ttr{lq'l)ei, o.'}u'tl*'t[''tL
rtie eisjL itz [i,tLt rit]l'fltt iIA"u 'jttdil si+'t
ierL duLo+t sctL. dqt fl't etft{'ttit't eu+ q1-tl
,ou. -ft ttor .+iLstr'tL tilti'Lt Q.et$ gde L+16{
I tAO tttetgjt'{1il clt[q tuLdl &.
I a*t"rcr
-ilaar
rleAlDs*r i(iller"rRru
; ,rL*a+i +qldu ,iul+tlttt.t.{l cj'rtLct'fl a)dtD*u d['L ctt'
, to dl tr. ditt'+t't h{<'t "tti rqL'tL{ tSR'r.t qLur
X ulQtZsu +r{qtqi <,ttcr AqL t'tu t} . uL B't't[ t''t t[&ttt', 3 I
ti*r qts {uL"tj s,il. [tr+t st'tctt l4ottcttl Yo+ ql'trtl
r*nt.qlrS sl[+ae.tr iL. uget .jil .tert ttilsL oL6+1et
(ul.,it.o.t{l) 'tL Uqit}t'[l
qe {t?. e'td tt,,tdt
r.rLJr +L6tet g,fl cts.l uLr{l e.{1. iat't xo+ au't[
oi,ouni ","r,[u'r flrtt ttrtl, -etttqr?.rt
aut ui
.icju LsLr{ll il{r tr,{ert c3uldti 3cr[e1 $[0{eqt
I
i.p-i1au,Sf.t':R,1.r^,liii::f
u,:ll:il;,ll
iffe 6tt,{, ,}eADs+t {[hrq'rRL'rq[ so e{l zo td gtil'tL
gtu'irtl xetq qqd cJ%i
tetdt a{l} .tstr.t'tt 6'
itft ${La?. *16'teql qtrqr
"1u
r {tr }"tL.r EqT e.iL.
iri ilA,t'rqiluui qslawil A! fistil
:* ;,i;i; '
nlt'in"i"au tt*Lnl rr'iLr qLt odigsid srL)
jn,a,".,i" .gvrta nD {ttt't.t.ctt'.t qlv'tL'ti utdl edl't'tL
i i*,;n-trf ,uDn,3" xe "iqtdllti [t'aL q'{L s'tL'tut'Luj
i i+o *ui,De,il'i6 qUt tr,etq, {'itd qu< qg'{tctt ui
EUtr[
ffii+iffi"{+d$Ehfi1H, ,
{r,'(x rl:$
!
rt
U U,-- ID
l- '^( Lr lrcralPrd ,rrP,rc L9 ) llolsk Ucn Uok' I i a ! ,t 2E
'!r-''''.:JL-<hbl.lr.r FEgg tFi i s