FitRichSane

2022-06-12 15:31:01 On a lighter note. Many ways to get job security Open / Comment

2022-06-12 12:30:37 Higher risk = higher return?
Not necessarily Open / Comment

2022-06-12 09:30:32 Open / Comment

2022-06-12 06:30:51 If only I had a dollar for every time someone asked me the best mutual fund, or the best investment. I keep saying that these questions are useless without their comprehensive financial plan Open / Comment

2022-06-11 15:31:05 Open / Comment

2022-06-11 12:30:04 For yourself, invest

For your family, tell them how to access your investments in case something is to happen to you Open / Comment

2022-06-11 09:30:18 Secret Investments or keeping the Investments unknown to your family members may cost you very dearly. Just see the DATA and think yourself.

Rs. 82,025 cr estimated investor wealth is idling in unclaimed accts.

1. Rs 18381 cr lying in unclaimed bank accts.

2. Rs. 15167 cr lying unclaimed with insurance companies.

3. Rs. 17880 cr lying in inactive mutual fund folios.

4. Rs. 4100 cr of unclaimed dividend lying in IEPF.

5. RS.26497 CR is lying unclaimed in provident fund acct.

*SOLUTIONS*

1. Keep family informed about finances

2. Always have a nominee

3. Write a will

4. Keep updating details, whenever there is a change.

5. Keep your deposit in one branch. If u keep in many branches of multiple banks, you're making way for unclaimed deposits Open / Comment

2022-06-10 12:30:09 PSUs tend to give the maximum dividends, but I personally don’t like them as the chances of capital appreciation are low.
If you don’t need a regular income right now, capital appreciation is a better way to become wealthy.

If I was to invest for dividend, I would go for these companies:
TCS
ITC
Infosys

If you are not sure about which stock you should go for, the smallcase Dividend Aristocrats has very good reviews


(Not recommendations, only my personal favorites) Open / Comment

2022-06-10 06:30:39 Do you know that if you were to earn a crore rupees every single day from the day Christ was born (2022 years back, 01/01/0001), you still wouldn't have as much money as Jeff Bezos has today?
So we know there is enough money in the world for everyone. Open / Comment

2022-06-09 15:30:45 The most assured return is from FDs and government schemes.

As the keep going for higher returns, the risk also increases.

Decide your own comfortable risk level, and stick to it for peaceful sleep. Open / Comment