The story of Harshad Mehta perfectly fits a Bollywood movie. Even Bollywood knew it. Consequently ‘Gafla’ a movie released in 2006 was loosely based on him. As if one movie was not enough, Abhishek Bachchan is going to portray Harshad in a biographical financial crime drama film this year. Harshad was born in a lower-middle-class Gujarati…
What are penny stocks? Low-Priced and mostly illiquid stocks of the company whose market capitalization is very low are called penny stocks. In India, they can have prices less than Rs. 10. Penny stocks are considered highly speculative and risky due to their lack of liquidity, less information disclosure, and less number of shareholders. Due…
Are you facing boredom in this lockdown and the most frequently asked question of your mind is, what to do? Are you a business enthusiast and your wings have been bounded by the so-called trivial lockdown. And of course, lovemaking movies are not your call, so here are some of the recommendations for you to…
We have all been taught wrong. A healthy desire for wealth is not greed, it is a desire for life. We have all got one life so why not fully flourish before dying. And, how to enter the league of the rich and wealthy class? Forget linear, go exponential! An average person in his lifetime…
We feel that this is probably the best year to start your investing journey. All of our attendees are college students. We are all nearly the same age. And I want each of us to be wealthy and financially free by the age of 40. We still have 16-20 years left and if invested carefully…
For quite a time, I have been asked by many on where to start to manage personal finance and wealth. It’s a question that has been bothering many students and young graduates. People are not able to understand what are assets, liabilities, balance sheets, cash flow, credit score, down payments, etc. and most importantly, the…
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…