Mutual Funds Strategy 115: Will 3 Crores Be Enough For Retirement?

What would be your ideal retirement corpus? When I ask this question to my clients, the responses are usually surprising. Most of them overestimate what they could do in 1 year and underestimate what they could do in 15. In my opinion, an upper middle-class Indian household would require 3 crores to retire financially independent….

When you should not invest in the Stock Markets. Yes, there are wise people outside too.

“According to SEBI, only 5% of the Indian population has ventured into the stock market, compared to significantly higher rates in countries like the United States (55%), the United Kingdom (33%), and China (13%). On the other hand, data from the Reserve Bank of India (RBI) indicates that a staggering 95% of Indian households have…

Seven Types Of Income — Why You Should Earn All 7 for True Wealth

Legally there are only 7 ways to earn money. They are: 1. Salaried Income 2. Self Employed | Profit Income 3. Interest Income 4. Rental Income 5. Capital Gains Income 6. Dividend Income 7. Royalty Income AI Genarated Image We will discuss all 7 today, but the most important takeaway is that these are not…

Today is India’s Independence Day, Are you really feeling Financially Independent?

We Indians are celebrating the 78th Independence Day today, 15th August 2024. It is a matter of pride that we are freed from the colonial rule that lasted around 89 years. My grandfather worked as a driver and drove trucks in Assam when the other famous freedom fighters etched their name in history. I still…