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Submitted by: Adrian Gowels
Always wondered what good it will be when you have lots of cash but don t know how to utilize the same. I ve many friends who earn a good package and the only thing he does from the package is to save it in his bank. It s been always the same from him and he is really happy with the interest rates bank provides him. He is not thinking about the tax he is paying and how can he save the same by investing the same in some tax benefit investments. Entrepreneurs like Sudhir Moravekar can be an ideal role model for those who wish to invest their extra income.
A middle class man with a desire of making it big in the current competitive market chooses to invest his income which really bought him so many benefits. The man we are talking about is the chairman of Panoramic Universal Limited. He started with investing minimum amount in some real estate together with his partner, and when the time was right he sold his entire land at a value which was much more than the invested amount. It was the beginning of the growth of Sudhir Moravekar. Now he is a proud owner of Panoramic group, under which there are companies like Panoramic Universal Limited, Pancard Clubs Limited and Panoramic Holidays Limited. The concept of investing two decades ago was vague but he did it and the return was so huge that he decided to set up a complete new business from those return. He chose to invest further in real estate and from there he jumped in to hospitality sector. It is when actually he started minting money as travel and tourism was a booming market and setting up hotels in key tourist s places helped him earn lots of revenue. So you can conclude that investments can help you in ways you can t imagine. Sudhir Moravekar never thought that his investment on land would help him become one of the leading entrepreneurs in hospitality sectors. Though I agree it was not only investment but his hard work and grabbing the opportunity whenever available helped me to achieve great heights, but if he had not got huge profits on the land he had invested years ago, he couldn t have even started. The point which we have to consider is that even if we don t have interest or knowledge about investment, we should try to acquire the knowledge and try to maximize our wealth. Not necessary that every one of us invest in land and thereby become a new Sudhir Moravekar.We can invest in many other things which will surely help us and give proper value for our investment.
Not saying to follow Sudhir Moravekar s footsteps but learn from his growth. There is still time to consider about it as there are many scopes in the market to maximize your available wealth. Land is only an asset that doesn t depreciate over the period of years. It is only appreciated and this could be one of the options for you to invest your money in.
About the Author: Adrian Gowels writes about traveling and Budget hotels with premium services of Panoramic Universal LtdHe focuses on holidays/vacation rentals with savings.
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