Ladder7 Wealth Planners Private Limited
Suresh Sadagopan 
When planning for anything, we should know what the end objective is without any true basis. We need to understand what we want to achieve and put in place a plan that helps to achieve that outcome. Such a plan will breakdown what needs to be done and in what sequence, so that the end objective is achieved.
Crypto assets have a polarising influence on people. There are sold-out fans who envisage a crypto led future, to skeptics who denounce Cryptos for the exaggerated sense of importance given to them without any true basis.
Investing is different in so many ways. Everywhere else, we learn first and then go ahead and use that knowledge or skill. For instance, we learn to drive first and then start driving. Same when we want to play an instrument.
Success means so many different things to people. Hence, there are different yardsticks for success. We tend to go with the popular, accepted measures of success and try to fit in. That could result in many of us aspiring for emblems of success that conform to societal expectations. Hence, what we consider as a measure of success may not square with what we would define as success, on our own!
Entrepreneurship has once again become a buzzword in the past decade or so. Startup has become a well-recognised term that has now come to symbolise the spirit of entrepreneurship. The top leadership, including PM Modi has been supportive of the startup culture.
Parents do not want their children to struggle. They will do all that they can to give their children the best they can – best of toys and games when young, expensive clothes and accoutrements, snazzy gadgets, ensure creature comforts including AC rooms, travel by cars/ planes etc.
Central Bank Digital Currency or CBDC is the new kid on the block. This is a digital currency ( eg. Digital Rupee ) issued by the Central bank of a country whose value will typically be equal to the fiat currency ( Rupee ) that is in the form of paper currency and coins.
The world loves property. It is considered to be a solid asset that does not easily lose value. In fact, many aver that real estate is the only asset that always goes up and gives great returns!
Gold has a long history of being a favourite investment, a store of value from time immemorial. It is seen as a good hedge against inflation. It is a rare metal, available in limited quantities which ensures that it retains a certain value always.
World trade happens to a major extent in US dollars. So when two countries trade, they first convert their currency into dollars and pay it to the other party, who in turn convert dollars into their currency. In this entire process, there is said to be a 2-3% overall charge, which is very expensive especially when the amounts are in billions and trillions of dollars. But dollar trade was happening all along without a hitch, in spite of this.