This is a new tax-saving investment scheme introduced by our finance minister and is now approved for roll out. RGESS is a tax saving scheme meant to invest retail investor’s money into the stock markets that will allow tax breaks. This scheme is similar to ELSS . Let us take a quick insight at its […]
Investing
A Day in the Life of an Ordinary Billionaire –
CLASSIC BUFFETTISMS: “Of the billionaires I have known, money just brings out the basic traits in them. If they were jerks before they had money, they are simply jerks with a billion dollars.” “Only when the tide goes out do you discover who’s been swimming naked.” “It’s better to hang out with people better than […]
Career Prospects – NCFM, MBA
What is NCFM? The National Stock Exchange’s Certification in Financial Markets (NCFM) is an online testing and certification process. The entire process—from the generation of question papers to testing, assessing, scores reporting, and certifying—is fully automated. It allows tremendous flexibility in terms of testing centers, dates, and timing by providing easy accessibility and convenience […]
Financial Planing for NRIs in a nutshell
Financial Planing NRI Significant number of investments are made by NRIs during their short visits to India. During that period, when they visit their bank or speak to relatives/ friends, they get a broad view on what is happening to various asset classes – be it real estate, stock markets, or bank deposit interest rates. […]
Eighth Wonder of the World to get Rich – The Power of Compounding
Albert Einstein, arguably one of the most intelligent people who ever lived, was asked what he thought was the greatest of mankind’s discoveries. His answer: “compound interest.” He went so far as to call it the eighth wonder of the world. As an example of just how powerful this can be, consider the following scenario. […]
How to become Crorepati in a few short steps !
How to become Crorepati in a few short steps ! Very gleefully my client, a salaried individual said , ‘I want to have a net worth of 50 crores in the next ten years , that’s why I am here to see you ‘. I couldn’t help think that he was in the wrong place, […]