Wealthy Matters
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For Whom Wealth Matters. Hello! Welcome to my blog "Wealthymatters". Wealth fascinates me.Wealth-building takes up all my waking hours.Perhaps my sleep time too! I am working towards building my first 100 crores.
Wealthy Matters
2y ago
Fireworks always have the effect of making me happy. Love them. Hoping its the same for you too. This year as we brought in another New Year, with Covid Curfews & restrictions, I was so glad for the internet & all the people from round the world, who coordinated to livestream firework events from their ..read more
Wealthy Matters
3y ago
Feeling totally penned in by Covid -19 ? Frustrated that you’re not as productive as you’d normally like to be?Does it feel like a lost year when it comes to earning ? Here’s a solution : The Motilal Oswal’s Investor App.Start with EDUMO. Whether you are a beginner looking to learn the ABCs of investing ..read more
Wealthy Matters
4y ago
Honestly, I love diamonds. And love coloured diamonds more. And I have had a bit of good luck with them. In 2008,in the midst of the financial crisis, I bought a few yellows from a person with a cutting and polishing factory, who had little use for them in a market with a decided preference ..read more
Wealthy Matters
4y ago
If you have a few lakhs lying round,then be certain that the PMS guys will definitely seek you out.Most of them are simply not worth your time or money.But that’s not to say that sifting through them you might not find the occasional gem. So really,its all about being aware of the common ways in ..read more
Wealthy Matters
4y ago
Financial planning and wealth management are terms used quite interchangeably by the financial services industry, perhaps because from their point of view,either way. it’s just sales of financial products and services to generate revenue for their businesses. But as a consumer it makes sense to make a clear distinction between the 2 terms.Personally,l’m of the ..read more
Wealthy Matters
4y ago
Dividend investing involves accumulating stocks that issue dividends to generate a steady stream of passive income. Rule #1: The Quality Rule Invest in high quality businesses that have a proven long-term record of stability, growth, and profitability. There is no reason to own a mediocre business when you can own a high quality business.Rank stocks by dividend ..read more
Wealthy Matters
4y ago
Ever wondered what might happen if you just bought some leading stocks,once only ,early in your life,and simply held onto them for a life-time ? Generally practiced sloth? Arousing yourself perhaps only if a company went bankrupt or stopped dividends ? Then here is a story for you : In 1935 Voya Corporate Leaders Trust ..read more
Wealthy Matters
4y ago
Gone are the days when people had to go to moneylenders to borrow at high interest rates. And, the practice of going to a pawnbroker and using jewellery to get some funds is also slowly becoming a thing of the past. People don’t have to worry about unregulated lenders harassing them anymore. This is mainly ..read more
Wealthy Matters
5y ago
Day trading or intraday trading, is speculation in securities by buying and selling financial instruments within the same trading day, such that all positions are closed before the market closes for the trading day.Day trading has been a time honoured way for enterprising individuals to accumulate capital and manage their living expenses while they go ..read more
Wealthy Matters
5y ago
A commonly cited statistic is that only 30% of family businesses make it through the second generation, 10-15% through the third, and 3-5% through the fourth. Now for some perspective : How many businesses of any kind are still around after the equivalent of three or four generations? A study of 25,000 publicly traded companies ..read more