What do the wealthy few own that makes them wealthy? Stocks, Bonds and Real Estate combined accounts for 81% of their total wealth…!!! And the reason is of course simple. These are the assets that generate passive cashflow and also provides capital appreciation. If you look closely, cars and other luxury items account for only…
Since, I love storytelling. Here’s another one. Let’s listen to an interesting story of wealth building. There were 2 friends- Ram and Shyam. Both of them graduated from the same college, at the same time, at same age of 22 and worked in the same firm at same salary. At the age 25, Ram grew…
Initially, when the match began, we completely lost all the hopes of winning and everything seemed like going away from us. The mighty Indian team is having “A complete cricket team” of players but no one is able to come to the rescue. When it comes to our lives, are we having any player who…
The normal stages of the life of an individual with respect to financial planning are as follows: 1. Childhood: At this stage, the focus is on education and the person is in a dependable phase rather than in the earning. Potential sources of income are pocket money, scholarships or gifts. 2. Young Unmarried: Perhaps the…