Anil Chaturvedi’s Contributions to the Banking Industry

Anil Chaturvedi is a banker with over forty years of experience in the banking industry. Anil has been able to build for himself a strong reputation in the industry for those years. In his career, Mr. Chaturvedi has worked with many banking and financial organizations. Working in these organizations has enabled him to gain the required experience in the field of banking. The banker currently uses these experiences to help him offer the best financial insights to his clients. Presently, he provides banking and economic advisory services to banks and multiple companies. His specialization is on private banking, investment banking, corporate advisory services as well as commercial banking.

Anil started working with the State Bank of India immediately after he finished his business administration master’s degree. He served as the marketing and business development manager at the bank. While at the bank, he assisted the State Bank of India’s New York Branch to create substantial business adding up to $ 500 million within four years. The bank awarded him the ‘Man of the Year title after this contribution. Chaturvedi left the State Bank in 1991 and later joining Anz Grindlays as its US Operations’ vice president. He worked for some few years at the ANZ Grindlays before moving to Merrill Lynch where he worked for 17 years. It was during his stay at the Merrill Lynch that Chaturvedi experienced his golden moments in his career. He not only gained more experience in the banking field but also went up the top ranks within the international banking industry working with international banks.

Presently, Anil Chaturvedi serves at the Hinduja Bank in Geneva, Switzerland since 2011. He is the managing editor and director of the bank. Chaturvedi has helped the bank through his experience and efficient marketing strategy thus making the Bank more popular. Moreover, Anil has put more effort into encouraging more business with the Indians that live in Europe. Since the Indian trade laws have undergone some reforms to become flexible, Mr. Chaturvedi is trying to bring more European investors into India. According to Mr. Chaturvedi, perseverance and hard work are the major factors that have seen him grow in the banking industry.

https://www.linkedin.com/in/anil-chaturvedi-02574b37

The Oxford Club Details How Much You Should Have in Stocks

Throughout the year, the Oxford Club puts on many private wealth management seminars throughout the country. It is during these seminars that many “loaded” questions are asked, including variations of this one:

“Once I reach retirement, how much of my money should be devoted to stocks?”

The answer that many at the Oxford Club always gives is that “it depends.” A person’s age, their health, their monthly overhead, and the size of their portfolio all play a large role in how much money they should have invested in stocks.

Moreover, when the Oxford Club received this answer, they have become rather adept at changing the question. Rather than how much someone has in stocks, the question they should be asking themselves is how much a month do you have in overhead? After you answer that question, you should allocate enough money in low-risk bonds and cash to finance your monthly overhead for a five-year period. For example, if you wish to have a $30,000 per year retirement, you should set aside a reserve of $150,000.

Why is this so? Because it allows for a bear market in the stock exchange. For example, the average bear market will last about 15 months, and the recovery will usually take another 2 years. That would be about three years for a recovery for your stocks. However, some bear markets are more severe, so this is why you should allow for a five-year financial reserve. Thus, while your stocks are in this bear market, you are living off of your reserve. This way, you avoid cashing in your stocks for a low amount and then once the market rebounds – becoming bull once again – then you can sell your stocks and still maintain your personal wealth.

The Oxford Club

It is practical, feasible financial advise from the Oxford Club that has made them so famous. Simply put, these guys know how to help you provide for your financial future.

Founded in 1989, the Oxford Club has a unique and time-tested approach to stock market and investment analysis that consistently places them ahead of the market. Many investors have seen consistent returns simply by adhering to their principles.

Learn more about the Oxford Club here: https://www.crunchbase.com/organization/the-oxford-club