The FIRE Movement: Indians catching up to concept of Early Retirement

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F.I.R.E

In a world where the daily grind often consumes our lives, the idea of early retirement has become an aspirational dream for many adults in our country. The traditional retirement age of 60 or 65 is being challenged by a global trend known as the F.I.R.E (Financial Independence, Retire Early) movement. This movement is encouraging people to achieve financial freedom and retire well before the conventional retirement age. Ravi Handa, the founder of ‘Handa Ka Funda,’, Karan Datta, the former …

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Using Debt to Buy Real Estate: Is Robert Kiyosaki’s Advice Worth Following?

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Robert Kiyosaki Moneyinvest

Robert Kiyosaki is a well-known author and financial advisor who has made a name for himself by promoting the idea of using debt to invest in income-generating assets such as real estate. He is also an advocate of the idea of make money work for you, His advice, in books like “Rich Dad Poor Dad,” has been both praised and criticized for its emphasis on leveraging debt as a investment strategy. Most of the Kiyosaki’s advice revolves around the idea …

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Why is interest more than principal component in my Home Loan EMI?

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If you’ve ever taken out a loan or planning to take a loan, you know that you have to pay back more than just the amount you borrowed. This is because the lender or Bank charges you interest, which is essentially the cost of borrowing money. When you make monthly payments on a loan, a portion goes towards the principal amount you borrowed, while the rest goes towards the interest.In an EMI payment plan, your monthly payment is a fixed …

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The Power of Compounding: Understanding its Impact on Stock Market Investments

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The power of compounding is one of the most powerful and potent concepts when it comes to wealth building and finance. Compounding is the process of earning interest on interest, where the returns on an investment are reinvested to generate even more returns over the time. The longer the investment time, the more powerful the impact of compounding. Let’s take a look at how compounding works in the stock market. How Compounding Works with an Example: Suppose you invest $1,000 …

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Is Sovereign Gold Bond Tradable?

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Sovereign Gold Bonds (SGBs) were introduced by the Government in 2015 as an alternative mode of investment in gold. One question that may arise in our mind is whether these bonds are tradeable or not. In this article, we will explore the answer to this question in detail.