Top 10 Personal Finance Books

  For a few hundred rupees you get to learn from Steve Jobs, Warren Buffet, Elon Musk and other great people. That’s the beauty of reading books. There is a wealth of information and knowledge in books that can help you meet your goals. I started blogging about personal finance so that I could record…

The Impact of Doubling Your Money – The Rule of 72

The Rule of 72 Given an expected rate of return you can simply divide that number by 72 to determine the approximate years it will take you to double your money. Eg Expected rate of return is 10 72/10 = 7.2 years to double your money Expected rate of return is 20 72/20 = 3.6…

Stock Markets are Stable in the long term – BSE Sensex CAGR

Do you worry about investing in the equity markets because you hear that it’s very volatile and that you could end up losing money? That’s true and very much possible. However, it is important to understand that the probability of losing money is high when you have a short term investment horizon. In reality the Equity markets…

Should you invest in Fixed Deposits (FDs) or Mutual Funds?

Unfortunately it’s taken me nearly 15 years to realize that investing in Bank or Company fixed deposits (FDs) is a terrible investment choice. If you have a long term horizon you should definitely choose investing in Equity Mutual Funds via SIPs or Lumpsum. The BSE Sensex has given an average year on year return of approx…