Learn more about moneyandinvestments with this collection
How to start a successful business
How to build a strong team
How to market your business
As per the World Inequality Report, 2021, 50% of Indians hold no assets in their own name. Indians are incapable of generating wealth with the per capita is because of lack of financial planning.
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Decide The Investment Amount
The first step in beginning your journey is deciding how much to invest.
How much you should invest depends on your investment goal and when you need to reach it. One common investment goal is retirement. As a general rule of thumb, you want to aim to invest a total of 10% to 15% of your i...
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The Investment Strategy
Post picking an investment option, it is important to craft an investment strategy depending on your saving goals, how much money you need to reach them and your time horizon.
If your savings goal is more than 20 years away, almost all of your money can be in stocks. But picking specific s...
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Joys Of Compounding
One thing I like about us is that we know all about exponential growth and compounding, but none of us take it seriously when we consider investments. We just look for quick bucks that leads us to investing directly in harsh equity and the crypto market currently. This is, frankly, not the correc...
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Diversification Is The Key
Diversification is considered to be the only free lunch in investing. As a beginner investor, by investing in a range of assets, you reduce the risk of one investment’s performance severely hurting the return of your overall i...
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The rise of economic indicators in the 19th century
Capitalization was key to the rise of economic indicators. Upper-class Americans began to put their wealth into new financial assets. They began to see their society as a capitalized investment and the people as capital that could be used to increase wealth.
In the North, ...
On Being Wealthy
Your wealth is the value of the assets you own.
A wealthy person aims to build or acquire assets that hold their value or generate ongoing income, thus providing security and peace of mind.
Day 19:
- Find people with the skills and creativity you lack. Either hire them, while putting your own name on top of theirs, or find a way to take their work and make it your own.
- Their creativity thus becomes yours, and you seem a genius to the world.
- Learn to use the knowledge of t...
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