You are already aware that the most disciplined investment instrument is the SIP (Systematic Investment Plan). SIP has single-handedly created the maximum crorepathis in India even without their knowledge. Just imagine, someone made a standing instruction to debit an amount from their bank account and invest in mutual funds, which are sitting at massive returns…
You might have seen countless calculators used by financial advisors. They say that if you invest Rs10000 monthly, your total fund value will be 25 lakhs in 10 years. The statement is not wrong per se, because a computer program gives the final result. Most likely the advisor would have assumed a 13% constant return…
We saw the power of SIPs and stepped up SIPs in the previous chapters. If you have not read them yet, please do so. Today, we are going to take it a step further, we are going to add lumpsum payments to the existing SIPs every year. Case1: Fixed lumpsum payments per year on standard…
People who invest in assets look for two possible types of returns Capital Appreciation Dividends Capital Appreciation is when the valuation of the Asset grows and fetches you a higher resale value. Only Assets will have value appreciation, Liabilities do not. Time is a friend of assets and an enemy of liabilities. Dividends are incomes…
