Daily Latest News
New Delhi: A social media user has asked an important question whether Rs 10 crore would be enough for a comfortable life in India after retirement. The post has sparked debate about personal finance and the cost of living in India. The user took to Reddit with the post titled “Would Rs 10 crore be…
New Delhi: Chartered Accountant Nitin Kaushik has said that the market rewards those who remain invested long enough to reap the benefits of compounding. He said that compounding translates patience into long term rewards and speeds up wealth accumulation in the long term. Kaushik claims that compounding with monthly SIPs is not as quick as…
Amidst wealth creation, retirement planning and saving for exigency; there is one topic that isn’t much discussed as widely –family wealth, that was built over generations. CA Nitin Kaushik, in his latest tweet, extensively discussed about this generational wealth, that sits quietly on a family’s portfolio, and not much fuss is made around it. “The…
New Delhi: Stock market investments are not a magic wand, and there is not a particular formula to create wealth by investing in stock market. However, experts believe that one of the key factor, determining your investment is your patience. When the markets are down or when the markets are fluctuating, what should investors do?…
The price of gold and silver has risen sharply in recent months, but chartered accountant Nitin Kaushik thinks that investors don’t necessarily have to lose out on the increase as precious metals reward those who stay disciplined and invested for the long haul. In a detailed post on X, Kaushik wrote, “Everyone’s buzzing about the…
For many working professionals, managing monthly expenses while saving for the future can be a challenge. But for CA Meenal Goel, financial discipline is all about priorities and planning ahead. When her take-home salary was Rs 1,45,000 per month, she made sure every rupee had a purpose and created a balanced system that allowed her…
New Delhi: CA Nitin Kaushik has summarized the lesson best on X that luck has nothing to do with the wealth that stands the test of time. It is built slowly and quietly, and requires well thought out, disciplined decisions in a row. In yet another post on X, Kaushik recounted the story of a…
New Delhi: A Bengaluru couple earning Rs 1 lakh each offset the interest burden of Rs 80 lakh home loan by investing smartly. In a LinkedIn post, Sujith SS, founder of Moneydhan.com, shared how a couple was able to beat home loan interest without having to make additional repayments by investing in SIP. Sharing the…
What if the legendary demon king Raavana — described in the epic Ramayana — could actually reveal timeless lessons about money and business? Take a moment to think about it. It is a tale of circumstance, ambition, strategic planning and eventual triumph. Scholars often emphasise that Raavana’s downfall stemmed from the mistakes he kept repeating….
The Pension Fund and Regulatory Authority (PFRDA) has recently released an elaborative consultation paper with a heading “Enhancing the National Pension System: Proposals for Flexible, Assured and Predictable Pension Schemes”. PFRDA offers the stakeholders across various sectors to provide opinion on proposed reforms which is focused at powering the National Pension System (NPS). Yesterday, the…