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…

Index Funds in India

The benchmark most people use to track the performance of their equity mutual funds is the BSE SENSEX Index or the Nifty Index (NIFTY 50). The BSE Sensex Index consists of 30 stocks and Nifty of 50. These indexes represent large, well-established and financially sound companies across key sectors. The idea of an index fund is…