A Philosophy of Investment Portfolio Building: Converting Savings Into Wealth

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Savings + Investment Portfolio + Philosophy = Wealth Accumulation A high-rise building stands on a strong foundation. If wealth is like a high-rise building, then what is its foundation? There are three constituents: (a) savings, (b) investment portfolio, and (c) knowledge of the philosophy of wealth building. It is a common belief that high income […]

Which Are The Best Ways To Invest Money? The Approach of a Beginner

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I was surprised to note how incomplete is the information available around us about the ways to invest money. Most write-ups point us only to investment options and say nothing more about them.  People interested in knowing about the ways to invest money need more information. For example, stocks are an investment option. But how to invest in stocks? Readers would […]

Why The ‘Idea of Business’ is More Financial Independence Compatible Than A Job?

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I’ve published an article called how to become rich. It talks about the process of becoming rich by investing. If we can also add an idea of business to the process, the ultimate objective of becoming financially independent will become easier. How? This is what we will learn in this article. If one wants to attain financial independence in life, then […]

How To Become Rich: The Process [Roadmap]

If we will see it from a positive perspective, the desire to become rich is not only about the abundance of money. It is more about giving oneself the ability to live a life of choice. So for me, becoming richer each day is an ongoing process. It is not an end goal. I believe that no […]

Wealth Building: How To Build Wealth in 30s [Wealth Formula]

There can be a formula for wealth building. If you are interested to know about how to build wealth then you just need to follow this formula. Who can use this formula? Anyone can use it. But people who are in 30s can benefit most out of it. Why? Because they are ones who have […]

How home buyers can use RERA website to invest in good property?

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How the information stated in RERA website helps the potential home buyers? Before we go into those details I would like to say that the presence of RERA (a regulator) itself is a big “protection” for the home buyers. Real Estate Regulatory Authority (RERA) acts as a regulator of the real estate sector in India. […]

NPS can build bigger retirement corpus than EPF. But which is better?

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Almost all salaried people in India contributes to EPF scheme to build a retirement corpus. But NPS (National Pension System) did not had this kind of penetration. In 2009, GOI made NPS available for ‘all citizens’ of India. Earlier it was available only for the government employees. Today we know that NPS can build a […]

What is a Step-up SIP in Mutual Funds?

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What is a step-up SIP in mutual funds? How it is different from conventional SIP offered by mutual funds? A step-up SIP works exactly like a conventional SIP. There is no difference. But what a step-up SIP can achieve, far exceeds the benefits of a conventional SIP. I think, all conventional SIP’s should be converted […]

Child Insurance Plan Vs Mutual Fund Investment

One day my Life Insurance agent approached me and informed me about a child insurance plan. That insurance policy provided insurance coverage of Rs 10,00,000. Upon purchase of this child plan, the annual premium payment was Rs 52,000 for next 18 years. The returns will be affected at the end of 18th year, 19th, 20th, 21st, […]

History of inflation in India

What is the history of inflation in India since last 10-15 years? The rate of inflation in India is currently hovering around 4 years low levels. In June’2013 India saw its inflation rate at 4.7%. If we look at history of inflation in India since year 1969, inflation has averaged around 7.7%. May be not […]

What is E-Gold Investment in India?

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We know how gold is an investment vehicle. But what is e-gold? All over the world the commodity market is dominated by precious metals like Gold and Silver. In India in year 2010, National Spot Exchange introduced E-Gold. The biggest benefit of E-Gold is that it allows investors to invest in gold with much lower […]