Page 3 - desi pages July 2022

MESSAGE FROM SAM THAKKAR THE CEO OF
PERFECT GROUP OF COMPANIES-

With extreme volatile market conditions and recession expected,
how should people plan their careers and businesses?

Considering the amount of uncertainty, people are very skeptical about
their future. This message from our CEO Sam Thakkar might come
as a direction for many of you. He has consistently shown growth by
acquiring many assets in just a few years. His vision and intuition have
played very well with the different market situations. When the world
slowed down during Covid, Perfect Group of Companies tripled their
revenues. He regularly gives lectures and educative webinar talks on
how one should do business in current market scenario.
“Job market is great even in these recession times”. He says. According
to his market study, this is a federal government induced recession to
control and curb inflation, which is currently at its maximum in the history
of the US economy. If not curbed it will cause many other problems.
SAM THAKKAR Primarily, war and the stimulus federal money that was pumped into the
economy last year for Covid-19 are the factors causing inflation. There
GROUP CEO
PERFECT GROUP OF COMPANIES is almost 3 trillion dollars equity in the market.
People tend to save money in the bank at inflation times, but if they are
not investing it somewhere they are depreciating the value of money by 8%-10%. We must have some
emergency fund but beyond that we must invest. Also, volatility in the market creates opportunities.
Therefore, “when everyone buys you sell and when everyone sells you buy to become successful in
any business”. Comments Sam. Also, if small businesses, are in the process of borrowing money, the
business model must be rechecked considering the high interest rates and mortgage rates.
Sam recommends going back to the fundamentals. Since population is increasing in the DFW
metroplex which is almost a million people. By 2030 we will be the 3rd largest state in the US with
population of almost 3 million. This clearly indicates that we will need 3 times the resources. Houses,
roads, traffic would triple, and everything will explode.
Therefore, real estate could still be a good investment. Secondly, crypto mining might look dicey but
could be the next big opportunity like investing in Apple stocks in the year 2000 at $3. Whoever
bought even $10,000 of those stocks at that time would currently be having millions of dollars in their
account. Even now some stocks are nicely valued, and one could invest in them. Crypto currency is
also at all time low since last 3-4 years. Mining a bitcoin by using crypto mining technology might
give a 100% profit and be yet another good investment.
People are skeptical about Crypto, but Sam believes that the technology is very powerful. Some coins
might last, and some may not but Metaverse and trading on Metaverse are the future in the digital
world. Moreover, our currency today is not efficient to meet the future digital world eco system. If one
is patient, there is possibility of a good upside to that opportunity.
The positive and visionary Sam Thakkar concludes in his jovial attitude that if we could be Nostradamus
and see the future, we would not be required to work. Since, it is otherwise, we can take cues from
the past and project the future. He sums it up with five pointers: With economy the strongest, Inflation
high, letting your money sit as cash is risky. Investing in real estate and crypto mining opportunities
are phenomenal.