How to maximize the returns of your Mutual Funds

I am sure that a lot of you think that your financial advisor / manager / agent who recommends mutual funds to you are doing so free of charge and hardly benefit from this recommendation. This is a big misconception. You are in fact paying a really large amount without even realizing it. Let me…

10 Steps to Building Wealth

Try Saving 50% of your Income Save 50 percent (or more) of your after-tax income.¬†At first glance, this might sound really hard. But the peace-of-mind and flexibility that this generates is worth the effort. Many people achieve this on middle-class incomes. The beauty of a high savings rate is twofold – You learn to live…

The Power of Compounding

I wish I had understood the power of compounding better when I was in my early 20’s. These are 15 years of compounding I’ve have lost and cannot get back. I’m sure most people know what compounding is but very few people understand it’s significance over 20-30+ years of investing. Albert Einstein considered compounding to…