Greed prevails over Common Sense
More than a decade back, Jewellers including Balu, Shanthi and a bunch of others were giving high interest rates of about 15 to 20% for deposits collected by them – one time FD with post-dated interest payment cheques. These are not jewellery plans that are run even today (Lalitha, NAC), where you deposit money on monthly basis like RD and after a period of time investors get...
Retirement Planning – 2019
The post focusses on challenges in Retirement and tries to address them in brief
My Learnings from Stock Market
Greetings from PenguWIN, I am sure every investor, especially those who have been investing for more than 3 years, would have their equity returns at all-time high. The compounded annual growth rate, CAGR, has risen to enviable levels, something which I haven’t seen in the past 18 years, since I have been investing. From a long term perspective we can expect this number to be 11-14% which is Inflation plus our GDP(India’s Gross Domestic Product...