The Nifty and the Sensex both made lifetime highs last month by touching 17932 and 60,303 respectively. These benchmark indices have given 131% and 118% returns respectively from their Mar/Apr 2020 lows. The market’s recovery has been very sharp and almost vertical, not giving many opportunities to enter. During such times, a better way to … Continue reading Stock Markets: All-Time High… How to Invest?
In the last three months or so, ever since the lockdown has been enforced all across the world, the household savings rate has gone up substantially despite an increase in unemployment/loss of income. No outdoor eating /parties/movies, no shopping other than necessities, no travel are the main contributors. Why do we have to save money? … Continue reading Why Do We Save and How Should We Invest?
You want to become rich! Make your money work for you 24×7, 365 days a year. Do we know how people become rich? They invest money in creating assets and poor people create liabilities. So before we proceed, let’s understand in simple language what is an asset and a liability An asset is anything that puts money … Continue reading Make Your Money Work For You!