A Pessimist Never Gets Rich
When it comes to money, being careful is smart. But being too negative can silently hurt your wealth. If your first thought is always “What if the market crashes?” or “What if I lose it all?”, chances are that you’ll keep your savings sitting idle and never let them grow.
How Pessimism Hurts
Think about it, parking all your money in a savings account might feel “safe,” but inflation slowly eats it away. While you’re protecting against a fall, you’re also missing the climb.
Optimism Isn’t Recklessness
Being optimistic with money doesn’t mean gambling or chasing quick profits. It’s about confidence backed by research. Markets go up and down—that’s natural. But if you stay invested with discipline, history shows that patience pays off.
A Few Simple Shifts
- Give your money a mission. Want to buy a home? Fund your kids’ education? Retire peacefully? Define the goal.
- Don’t wait to go big. Start small—monthly SIPs (Systematic Investment Plan) are like regular workouts for your money. If you wait for next 5 years to start investing because you’re going to get your retirement corpus then or a property sale money would become available, you may be missing out on creating a corpus of about Rs 25 Lakhs that comes with starting a small SIP of Rs 25,000 per month increased by just 10% per year. And if this SIP could be Rs 50,000 per month, then we’re looking at Rs 50 Lakhs (that’s Half a Crore!!) missed out.
- Zoom out. Stop checking your portfolio every day. Review once in a while, and let time do the heavy lifting.
A pessimist protects pennies. An optimist grows wealth.
Believe in your future, take steady steps, and let your money work as hard as you do.
(Contributed by Aman Goyal, Relationship Manager, Team Vikrant, Hum Fauji Initiatives)
Your Home is at Risk: Act Now to Secure It! 🏡
Did you know India ranks among the top 10 disaster-prone countries in the world? Each year, floods, cyclones, and earthquakes affect millions of homes—often wiping out a lifetime’s savings in one stroke.
In the face of nature’s escalating power, with more devastating floods, powerful storms, and sudden disasters, your home is seriously exposed. It’s easy to think “it won’t happen to me,” but ignoring this rising risk is a gamble that can wipe you out. If a major disaster strikes, rebuilding and replacing everything can cost lakhs, even crores, instantly erasing your life savings and creating massive debt. You need home insurance because it is the only reliable way to quickly get back on your feet and protect your family’s future without going bankrupt.
That’s where home insurance steps in. For as little as ₹150–₹200 a month, you can secure a ₹1 Crore property. Think about it—that’s less than a family snack outside, but it protects your biggest asset from being lost overnight.
Core Benefits You Gain
- Financial Security: Protect your savings from massive rebuilding costs.
- Total Coverage: The plan defends the building and its contents against natural disasters (floods, earthquakes, storms) and man-made risks (fire, theft, terrorism).
- Alternative Shelter: Your policy pays for accommodation when a claim makes your home uninhabitable.
At Hum Fauji, we understand the value of what you’ve built. Our home insurance ensures your house remains a safe haven, no matter what life throws at it.
Don’t leave your valuable asset exposed. Contact us today; claim your secure future!
(Contributed by Prerna Pattanayak, Relationship Manager, Team Sukhoi, Hum Fauji Initiatives)
Do Lower Taxes Mean Higher Growth? Separating Myth from Reality
Whenever a new tax cut is announced, the buzz is the same —“This will revive the economy!” But history shows us that tax cuts work in some cases, and fall flat in others.
Let’s take a quick look back:
- 1997–98 “Dream Budget”- Income and corporate tax rates were simplified, and dividend double taxation was abolished. Result? Confidence rose, downturn reversed, and revenues held strong for a few years.
- 2009 Post-Crisis Stimulus – To fight the global financial crisis, excise and service taxes were slashed. Growth bounced back to ~8.5% in 2010–11. But the side effect? A ballooning fiscal deficit, and the benefits didn’t last long.
- 2019 Corporate Tax Cut: Rates dropped from ~35% to ~25%. Profits rose sharply (~22% in 2023–24), but instead of hiring more or investing, many firms used the money to cut debt or hoard cash. Job growth stayed weak (~1.5%).
- 2025 GST Rate Cuts: The latest experiment. If prices actually fall, it could boost demand. But with many households already burdened by loans, extra cash may go into repayments rather than fresh spending.
The lesson? Tax cuts alone aren’t magic. They need the right timing, context, and consumer response to truly create growth.
Rely instead on goal-based investing, diversifying as per your risk profile and the proven tenets of financial planning.
(Contributed by Avantika Agarwal, Financial Planner, Team Sukhoi, Hum Fauji Initiatives)
What did our clients ask us in the last 7 days
Question: Can I take a loan against my SCSS (Senior Citizen Savings Scheme) deposit? Also, is it possible to split my SCSS investment into multiple deposits so that I can withdraw only a part of it if needed?
Answers: The Senior Citizen Savings Scheme (SCSS) is one of the safest retirement options in India. Backed by the Government, it gives high interest, quarterly payouts, and even tax benefits under Section 80C (old tax regime). But when it comes to accessing your money, here’s what you must know:
🔹 Loan Facility – Not Available
Unlike bank fixed deposits, SCSS does not allow loans or advances against your deposit. This restriction is intentional—the scheme’s purpose is to secure steady income during retirement, not short-term borrowing.
🔹 Partial Withdrawal – How It Works
Here’s where planning can help:
- You cannot withdraw part of the money from a single SCSS account.
- If you close the account before maturity, the entire deposit must be withdrawn, and penalties apply.
- But there’s a way to stay flexible: open multiple SCSS accounts (within the overall limit of ₹30 lakhs). This way, if you ever need funds, you can close just one account and let the others continue earning interest.
✅ Bottom Line:
No loans are allowed against SCSS, but by creating multiple deposits, you can smartly manage liquidity without disturbing your entire investment when life surprises you.
(Contributed by Team Sukhoi, Hum Fauji Initiatives)
✨ Want guidance on retirement-friendly investments? Contact us today to plan your golden years better.
