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Tax Reckoner (FY 18-19)
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Save tax u/s 80C
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7 Principles of Investing
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7 Principles of Investing
Think Big, Define your Financial Goals and Invest Regularly
Principle
Two
The 3 pillars of wealth creation:
Asset Allocation, Diversification and Time
Principle
Three
"Compound interest is the eight wonder of the world. He who understands it, earns it. He who doesn't, pays it." - Albert Einstein
Principle
Four
Do not save what is left after spending, but spend what is left after saving - Warren Buffet
Principle
Five
Expect Volatility and profit from it via regular investing
Principle
Six
Frequent reviews do not help improve your returns
Principle
Seven
The biggest risk of Equity is not investing in it.