Planned Investments always yields more than unplanned and haphazard investment. This is because you will be monitoring it better. A more important factor is that it will help you take advantage of the power of compounding. Of course, it needs no retelling that the sooner you start to invest, the more you will have […]
What does it take to get my first ‘One Crore’ in savings? How to accumulate it? It is possible to create once crore worth assets in my life time? How does one become a crorepati? Is it possible to become a croepati with a nominal income of Rs. 20000/ – per month? I used […]
A financial planner is a professional who helps you organize your finances, projects the results of your savings and investments so you can see how well prepared you are for retirement, children higher education, buying your dream home, foreign vacation, buying car and helps you make decisions with your money that will help you […]
Financial Planners advise clients on how best to save, invest, and grow their money. They can help you tackle a specific financial goal—such as readying yourself to buy a house, making a strategy for retirement year or give you a macro view of your money and the interplay of your various assets. Some specialize […]
“It is good this happened now although it should have happened sooner.” I used to interact with many people across different sections of society who comes to us for personal financial advice. It’s a question that remains dominant in the interaction. Reached 40, but not planned for retirement. What to do? My immediate answer […]
The Pradhan Mantri Vaya Vandana Yojana (PMVVY) was formally launched on 21 July by Arun Jaitley, the Union Minister for Finance, Defence and Corporate Affairs. However, the scheme has been available for purchase since 4 May 2017. Pradhan Mantri Vaya Vandana Yojana, a pension scheme launched by Life Insurance Corporation of India, comes […]
Buying a home. Saving for child’s higher education like MBA, MBBS, Engineering etc.. Designing debt management strategy. Insurance planning. Retirement planning. We all have financial goals, but often have no idea how to make them happen. Unlike more mature markets such as the United States of America (USA), United Kingdom, Canada and Australia, most […]
Huge Interest amount! I can’t manage it boss. I have entered into a debt trap. People often ask me, “Rupakumar, how these credit card charges are calculated?” I want to provide an answer for this question through this page, as how does credit card interest work? Most people aim to keep their credit card […]
What is SIP? How does it work? I used to interact with many people across different layers of society who comes to us for personal financial advice. It’s a question that remains central in the interaction. I want to provide an answer for this question through this page, as how does SIP work and much […]
Warren Buffett’s bet on Apple gained $1 billion in a Single Day. Warren Buffett’s bet on Apple gained $1 billion on Wednesday, 3rd August 2017. Buffett’s Berkshire Hathaway owns about 135 million shares of Apple. Apple released its third quarter earnings report after the bell on Tuesday (2nd August 2017) and beat Wall Street’s […]