20-30 years back Lakhpatis(one having assets of 1lakh and above) were unheard of in the middle class. Nowadays the middle class means you should be having assets in lakhs. 20-30 years from now the middle-class is going to be the one with assets in crores. Let alone being rich are […..]
There is a famous quote by Warren Buffet “be fearful when others are greedy, and be greedy when others are fearful”. The following post is about importance of that line and the mistakes that everyone makes. Almost everyone does the mistake of being greedy when others are greedy and being […..]
The mistake that everyone makes is chasing returns. We always try to select a fund that had performed well in recent times. Some years back this was the case with Nippon Tax saver fund too. It was once the best performing funds in ELSS category. However it is not investors […..]
Since the beginning, there were a lot of mutual fund categories like Small Cap, Large Cap, Midcap etc. However, there were no restrictions to ensure whether the investments by the AMCs where actually being made in the shares of respective cap companies. So even though it was actually a large-cap […..]
Mutual fund investments should always be based on the goal. You should manage your goals separately like you want to invest for your child’s marriage, education your retirement etc. This is what everyone tells you. Well to be frank I always hate this goal based section. Suppose you had planned […..]
I have seen people in private job envy people in government jobs just because they get to earn handsome pension post-retirement. However, being in a private job shouldn’t restrict you from enjoying a handsome pension. All you need is to save just 2000/- per month to get a pension of […..]
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