1. Amount Invested
2. Rate of Return
3. Time Duration
It says that more you invest, more you will get in return. Second, more returns means more money. And longer the time duration of investment, better returns you will get. We can't control returns, we can't invest big amounts but we can invest small amounts at regular intervals over a long period of time. If this amount is properly diversified in different asset classes, it can help you to achieve better returns with the security of the money invested. Mutual fund helps you to take exposure of different asset classes and get the best returns.
Let's come to a journey towards freedom through this book.
In the world of investing, where honest and common sense advice is scarce, here is a book that simplifies key concepts in money management and guides you to invest with a specific goal in mind.
‘You can be rich –With Goal Based Investing’ arms you with the relevant questions to ask. It also gives you access to a bouquet of practical yet enlightening calculators that enable you develop personalized investment solutions. If used regularly, these mirror the progress of your investment plans and help you gauge if are going in the intended direction.
Investors who have the discipline to follow the simple steps suggested in this book could attain results that are vastly superior to even those achieved by professionals. Most importantly, successfully securing goals due to appropriate investing delivers an improved life with more time to spend on what is really important for you and your loved ones..
If you are in the process of creating wealth – irrespective of whether you are a beginner, mid-way through your journey or almost there – you can find nuggets of simple, practical wisdom in the pages of this book
So you've got a career, money flowing in, and a couple decades of adulthood behind you. You've experienced success and failure, love and loss, and have the battle scars to prove it.
The fact that you're reading this means you've risen up more times than you've been knocked out, and being refined by the trials of life can make us all want to pause and take a deep breath.
But this is no time to slow down.
Your are at the top of the proverbial hill, after years of hard-work, you have reached that point in your career where you know you are financially stable. So let's make sure you enjoy the ride on the way down.
But you still have much to accomplish and lesser time in hand, have you prepared a road map to reach your financial goals. Are you saving enough and more importantly, investing your money in proper channels that it works as hard as you? If your answer is ‘perhaps not’, you are in good company. Most successful professionals concentrate so much on their work that they do not seem to find the time
“Life at 40” helps you to create a financial plan. Without jargon and unrelenting theories on finance, it tells you very simply how to plan for all your financial milestones and save and invest for them. It is a practical hand-book that tells you how much to save at different junctures in your life and when and where to invest. It also enables you to plan your retirement so that you have the option to gradually wind down your career and make time for all your other fascinations, without worrying where the money will come from to support your lifestyle in those golden days.
Brought to you by Network18, this book on financial planning will tell you everything you always wanted to know about successful investing!
YOUR ROAD MAP TO
ACHIEVING FINANCIAL FREEDOM
AND LIVING YOUR DREAMS
Financial freedom is not defined by your net worth or your social status. It does not matter how much you earn – what matters is how much you can save and invest wisely. The secret to financial freedom is learning the basic concepts of planning well and adopting the right attitude. But how does one achieve this?
Written by a common man for the common man, this book will help you lead a financially independent and conscious life.
Everyone around us is trapped in a mindless rat race. If you’ve resolved to take control of your finances and construct a personal finance plan, From the Rat Race to Financial Freedom is a good starting point.
Chap 5 - Equity investing Chap 6 - Mutual funds Chap 7 - Debt investments Chap 8 - Gold and silver Chap 9 - Real estate Chap 10 - The project must be completed! Just like in IT in order to ensure that a project is completed, the company hires additional personnel and makes them sit on the 'bench' in order to be available if needed, in case of one's personal goals there is insurance to help ensure that goals are fulfilled. About insurance-life and health. Chap 11 - 5 golden rules to fulfilling goals 1 invest first then spend 2 start early 3 invest more each year
4 invest at a higher rate 5 use SIP Chap 12 – Case studies specific to the Software professionals and solutions by leading Financial Planners Chap 13 - Conclusion Chap 14 - Glossar
The Complete Wealth Guide for Doctors is based on real life financial experiences of doctors and counsels them on how they can become more financially savvy. Covering everything, from creating a SMART plan and understanding your risk appetite to actually creating a portfolio and managing it, this book could become a veritable ‘Canon of Finance’ for doctors.
Written in simple and lucid term, it specifically addresses medical practitioners, giving them tips on how to minimise their tax liabilities and advises on the need for various types of insurance, including professional indemnity, which is becoming increasingly crucial for doctors today.
It’s a ‘must have’ reference guide on the library shelves of any successful doctor as it will never loses its relevance, even as time goes by.
This book attempts to make our young citizens much more investment savvy. It is not an effort for spoon-feeding. The book would ultimately inspire one to be a millionaire. This is not just a copy book or handbook of notes that would make investors millionaire automatically.
The essays of the book would only empower the mind and inspire one to take his/her own decisions honestly and truthfully. Most of the articles of the book were written from 2008 till 2012.Though economic conditions of the country have vastly changed, the principle of investing has remained unchanged.