‘Don’t Shine The Turd’
Some years ago, when we were just starting our wealth management firm, ‘Sahayak Associates’, we approached a HNI investor we respected and hoped would invest with us. We were optimistic and passionate, but also new and nervous, and I think he could see that. I started my sales pitch and had been talking for too […]
Wealth Lessons from Guru Nanak Dev Ji
Five centuries after the passing of Guru Nanak Dev Ji, his words still resonate with his followers. As in all areas, his teachings related to money and wealth are also as relevant today as when he originally preached. On his 550th birth Anniversary today, lets recollect and learn from what he taught about wealth. In the […]
Leverage – A secret to wealth creation – Bane or Boon?
Using “other peoples’ money” sounds like a great way to make a fortune. Borrow some money, make a fortune, pay back your lender, and keep the rest. What could be better? Archimedes is credited with establishing the concept of leverage, over 2000 years ago. He famously stated that, given a lever long enough and enough […]
What is Wealth?
There is an old saying, “Some people are so poor, all they have is money.” Would you rather be “rich” or “wealthy”? What’s the difference? “Rich” is having abundant financial assets; money, real estate, investments, material possessions, etc. But what other assets do you possess that you value more than these financial assets? In a […]
The magic of Compounding – The secret to Wealth Creation
If You have $ 1 Million and you compound it @ 36%; in 60 years, you will own the World, i.e. You will have $ 100 Trillion, more than double the GDP of the world today, i.e. the power of compounding. Simply put, compounding refers to the re-investment of income at the same rate of return to […]
Passive Income – The secret to Wealth Creation
Who wouldn’t like to have, no money worries, to be on a cruise, tasting the malts and Sangrias, while pursuing your passion or thinking about your next adventure.Most people would prefer to have the flexibility of going to work when they please and stay at home to take care of your family without having to […]
The Start of my journey as a Wealth Advisor
My journey as an IFA (Independent Financial Advisor) started only a couple of years back. After dabbling with the stock market since the last 20 odd years, I realised that I had always been missing the point; I was playing with the market. The Stock market for me was only a way to test my […]
Wealth Lessons from Guru Nanak Dev Ji
Five centuries after the passing of Guru Nanak Dev Ji, his words still resonate with his followers. As in all areas, his teachings related to money and wealth are also as relevant today as when he originally preached. On his birth Anniversary today, lets recollect and learn from what he taught about wealth. In the […]
Wealth Lessons from Diwali !
Diwali: A Celebration of Wealth, Prosperity, and Triumph Many interesting rituals and traditions have been attached to the celebrations of Diwali. Hindus across the world celebrate Diwali in honor of the return of Lord Rama, his wife Sita and his brother Lakshmana from exile of 14 years after Rama defeated Ravana. To honor the return […]
Wealth is Evil ?
We all look at money differently. We have been conditioned in our growing up years about money and till today we react to it in a similar fashion. Movies to a large extent reflect society’s views. That one dialogue from the famous movie, Deewar; “Mera paas Maa Hai”, changed an entire generations attitude about money […]