I had got Amar Pandit’s book for Children. Here is my daughter’s understanding of the book. She is in 4th standard, Apeejay School, Nerul, Navi Mumbai..here it is in her own words. I had posted a part of the article earlier too..this is the full one.. Recently my father got a copy of a book […]
One of the stupidest things I have seen people do while creating wealth is interrupting the compounding. When a person invests in mutual funds, unit linked policies, national savings certificate, ppf, direct equity, …et al it is fairly obvious that they will break something. Now if you suddenly need Rs. 2-3 lakhs from a portfolio […]
The Golden Rule of Investing is that the Man with the Gold Makes the Rules of Investing. You have to remember this rule – because this article is about REBATING. Rebating is illegal in India – it means if I ask you to invest in a life insurance policy, general insurance policy or a mutual […]
Copying is very difficult especially if you want to be the first! How can you copy from the second best and be first? So that makes copying difficult. However you could take parts of many and look original…then you need not defend your copying! Warren Buffet made most of his money by staying and investing […]
The greatest wealth in the world has not been created by inheritance – but by investing! It is only this generation that can make this comment. We are lucky to be living in times when we can make this statement. Let us take examples of Warren Buffet, Bill Gates, L N Mittal, Azim Premji, Ambani, […]
there will always be a set of believers and a set of non believers. So there will always be some myths. As a blogger it is nice to keep clearing them…because too many people are creating myths very fast. Let me attack 3 myths today (I was told by somebody that people get confused if […]
SIP creates wealth in the long run, however it gives no immediate gratification. Equity trading (what the common man thinks is investing) gives immediate gratification and does not create wealth for the client. The broker wants him to trade so that broker’s wealth goes up. So what is the solution? Sell SIP in equities as […]