Many of our attendees and non-attendees are asking about investment in Yes Bank… Yesterday it rose more than 30% i.e. from Rs 32 to 42! Now, first of all, I want to say that don’t get greedy looking for just one rare instance of instant wealth. What you are not looking for is that it…
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…
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…