Wealth of Wisdom - WOW

2021-02-19 15:12:15 WEALTH WISDOM

You want 1 crore?

No.
Actually you want freedom of time to spend with your family

Change your mindset
Work as if you are working for a life of your choice (not money)
This will change the way you take your life and investment decisions

#WealthArchitect
#WealthyHabits
#DontRetireRich Open / Comment

2021-02-19 13:57:42 If you're looking for perfect investment; you'll never be able to invest.

If you're looking for perfect spouse; you'll never get married.

If you're looking for perfect job; you've to remain unemployed.

If you're looking for perfect life; you'll never enjoy living. Open / Comment

2021-02-18 17:35:58 BEFORE INVESTING KNOW THIS....
Systematic Transfer Plan (STP) not only allows you to invest at regular intervals but also enhances returns as the cash is invested in liquid funds, which generally offers better returns than savings bank account. Open / Comment

2021-02-18 17:19:55 How GOLD Investments performed internationally and also in India. More than GOLD price movement, Currency also plays a crucial role. Open / Comment

2021-02-17 17:15:56 - 45% CAGR for 2 years and 50% down for the 3rd yr generates a CAGR of 1.6%
- 45% CAGR for 3 years and 50% down for the 4th yr generates a CAGR of 11%
- 45% CAGR for 4 years and 50% down for the 5th yr generates a CAGR of 17%

LESSON :
PROTECT DOWNFALL
There's more to Wealth Building than just markets going up. Open / Comment

2021-02-17 17:04:04 Citibank just sent some lenders $900 million by mistake. What if such a colossal gaffe happens to you?

https://www.moneycontrol.com/news/business/citibank-just-sent-some-lenders-900-million-by-mistake-what-if-such-a-colossal-gaffe-happens-to-you-6535051.html Open / Comment

2021-02-16 19:16:26 Photo from SRIKANTH MATRUBAI Open / Comment

2021-02-07 12:10:03 The Sinking Boat
In a sinking boat, the boat man becomes your Guru and you obey him instruction by instruction because of immediate threat to life.
On the other hand you love to argue, educate and teach your Financial Advisor about his job because threat to life is not immediate.
Remember without financial planning your life's boat too has a hole called inflation and the leakage is going on all the time ; The only difference being a sinking boat takes you down immediately while a sinking life will keep one afloat much longer but will eventually take you down. Open / Comment

2021-02-07 09:24:08 DO NOT SELL FAMILY SILVER
Instead of selling off your prized assets, consider alternatives.
You can take loan on your Investments, You can take loan on your Insurance, even on your PPF.
check all alternatives. Only if its inevitable only then you should consider selling your Blue chip shares or other prized assets.
But yes, you can go ahead and dispose off all those which are actually a burden rather than of any use

Ex : Junk stocks, never ever used items at house/office.

Get more such amazing insights from
https://wealthyhabit.in/2020/04/02/corona-has-left-you-in-financial-mess-fear-not-heres-why/ Open / Comment

2021-02-07 09:17:17 Understand to move forward Open / Comment