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2021 – What a year it was!

2021 was crazy. It was a rollercoaster ride. People expected the pandemic to get over but it was far from over and we saw a panic situation in India and many other countries. India especially saw the worst things happening in the second covid wave. But luckily vaccination was started and covid started to ease [...]

Indians want to get rich fast

A lot of Indians have started investing in the stock markets in the last 18 months. This is evident from the number of new DEMAT accounts being opened. As per Hindu Business Line, India now has around 6.9 crore DEMAT accounts. Here is a chart which will show a sharp rise in the number of [...]

Some sources say that there are at least 5K cryptocurrencies in the market and the leading pack is Bitcoin and in the second place is Ethereum. Their combined market cap is around 60% of the crypto market. The rest of the market share is with the Altcoins. The main reason why cryptocurrencies were invented was [...]

Skin in the game is an interesting book written by Nassim Nicholas Taleb, as per the author the fund managers must bear a cost when they fail the public. A fund manager that gets a percentage on wins, but no penalty for losing is incentivized to gamble with his client’s funds. Bearing no downside for [...]

How to get rich without getting lucky. This is from Naval Ravikant tweetstorm. Naval Ravikant is an Indian-American entrepreneur and investor. He is the co-founder, chairman, and former CEO of AngelList. He has invested early-stage in over 200 companies this includes Uber and Twitter. Here are some of my personal favorite tweets from the thread [...]

Direct Mutual Funds as the name suggests are funds where there is no intermediary like an agent or your bank RM selling you the fund. You directly invest through the fund house or a few websites that offer to invest in Direct Mutual Funds. Mutual funds charge an expense ratio that is an annual fee [...]

Do you know any mutual fund which has given such a great return, no? Well, there is this small-cap mutual fund that has given this supernormal returns. Quant Small Cap Fund has given an amazing return of 169.8% in the last year. The benchmark S&P BSE 250 Smallcap TRI has appreciated 106.25% in the same [...]

The Richest Man in Babylon was written in 1926 but it still holds a lot of relevance! Almost everything that is written in this book will help you save good money and create enormous wealth. The book has a simple solution to create wealth and yet these solutions might look difficult to implement. I have [...]

Wishing you a very happy new year! 2020 has taught us several things –  Life is short. Jobs are temporary. Health is the real wealth. And we should always save money. Importance of emergency fund! Did you always want to fix your finances? Here is an opportunity for you. I have noted down 30 important [...]

Do you know how powerful compound interest is? Here are a few quotes that will help explain to you how powerful compound interest is. Compound interest is the eighth wonder of the world. He who understands it, earns it … he who doesn’t … pays it. – Albert Einstein The strongest force in the universe [...]