Wealth of Wisdom - WOW

2021-02-25 16:50:15 WEALTH WISDOM

Start with doing the basics right.
Stick to Financial Disipline ruthlessly.
The Magic will happen right in front of you.

Srikanth Matrubai.
#dontRetirerich
#wealthyhabits
#wealthArchitect Open / Comment

2021-02-25 08:55:03 People treat their "Salary" and "Bonus" very differently. "Mental Accounting Bias" The Risk-taking ability on these 2 sets of money is different.

We can leverage this Bias 2 influence investment behaviour 4 long term wealth creation.

"Goal-based Investing" is one such example Open / Comment

2021-02-24 19:37:23 Open / Comment

2021-02-24 17:04:25 Open / Comment

2021-02-24 14:24:39 BEFORE INVESTING KNOW THIS....
According to The Investment Funds Institute of Canada’s Value of Advice Report,
an investor who follows an adviser’s directions is likely to do 2.7 times better than an investor who is managing her portfolio by herself. Open / Comment

2021-02-24 14:15:27 Open / Comment

2021-02-24 14:14:30 https://www.moneycontrol.com/news/business/markets/rakesh-jhunjhunwala-not-alone-in-avoiding-bitcoin-party-d-street-experts-feel-the-same-6565671.html Open / Comment

2021-02-24 08:54:01 Personal finance–
~Start early
~Save atleast 30% of your income
~Invest that surplus well for long run
~Max exposure in equities
~Set specific goals
~Maintain emergency fund
~Have adequate term and health insurance
~Try to avoid debt
~Avoid unnecessary stuff
~Keep it simple Open / Comment

2021-02-23 20:40:33 https://amzn.to/2ZshSc5



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2021-02-23 20:06:54 https://wealthyhabit.in/2021/02/20/opportunity-to-claim-ltc-concession/


Check out this opportunity to claim LTC Concession Open / Comment