How to become rich

How to Become Rich With Less Income

Becoming rich is a dream. Is it your dream too? Becoming rich and building wealth is possible even if you earn less.  Earning more is not necessary to become Rich. Saving regularly is the key. Rs. 1,000/- invested monthly for 21 years at a 12% rate of return, becomes Rs. 11.40 lakh Rs. 5,000/- invested monthly for 21 years at a 15% rate of return … Continue reading How to Become Rich With Less Income

Wealth Creation

3 Things You Need to Know About The Wealth Creation From The Stock Market

Imagine your parents had invested rupees 1 lakh when you were born in 1993. Then they were busy in your upbringing, education, and managing own career. They forgot about the shares. Last year when you completed your studies and got the first job they found the share certificates of the investments made in 1993. Out of curiosity, they checked the share price of their holding … Continue reading 3 Things You Need to Know About The Wealth Creation From The Stock Market

Secured NCD

When Secured Investment Becomes Unsecured & Risky

“Financial education is more valuable than money.” Mac Duke The Strategist Your secured investment can become unsecured. Yes, do not be under the impression that investment which marketed to you as secured will always remain secure. The case in study is secured non-convertible debentures (NCD) issued by NBFC DHFL. But it applies to all the secured NCDs. The debentures are secured by way of charge on assets created by the company … Continue reading When Secured Investment Becomes Unsecured & Risky