by admin | Aug 16, 2020 | best mutual funds, BSE, Chennai Advisors, compound, compounding, cost, debt, Droplet, Droplet wealth advisors, Equities, financial advisor, investors, p
A friend of mine asked – How can someone buy things without debt? How is that even possible? Life is impossible without debt is what he said. This conversation kindled me to write this.Can everyone be debt free? Is it really possible?No, everyone cannot be....
by admin | Mar 1, 2020 | best mutual funds, Chennai Advisors, Droplet wealth advisors, Equities, Fixed Deposit, Interest, liquid funds, Low Duration, rates, Short Duration, Stocks, Warren Buffet
My Partner called me and told me that we are no different from laymen who know that Short term Interest rates are going to fall. We both know the same and hence we are the same. Yes I would say but only for the sake of that knowledge. ...
by admin | Jan 25, 2020 | Credit Cards, debt, Droplet, Droplet wealth advisors, finance charge, Financial Planning, late payment, Minimum due, Personal Finanace, Personal loan
Why minimum balance payment on credit card is the worst thing? Of late credit card penetration in India has increased multi-fold. A decade back 1 in 10 would have a credit card. Today 9 in 10 have 3 credit cards each. A ratio of 1:27. All these are mostly owned by...
by admin | Sep 7, 2019 | Chennai Advisors, Droplet wealth advisors, Expenses, insurance, insurance plannning, investment advisor, Jeevan Anand, LIC, policy, term insurance, term policy, Wealth advisors in chennai
In our previous blog, we gave an example where the assumed gentlemen had taken an Insurance of 1 crore. It is natural that most of would think why such an H U G E amount of insurance? Because most of us think of Insurance as “sum that will be paid to you by LIC...
by admin | Aug 19, 2019 | 80C, Droplet wealth advisors, Financial Planning, investments, Personal Finanace, Risk, Tax Planning, Tax saving, term insurance, Wealth advisors in chennai, Wealth Creation
Most of us fail to understand the fundamental purpose of life insurance. We are made to believe that insurance is saving or worse in most cases an investment. However, the whole...
by admin | Aug 17, 2019 | Chennai Advisors, chennai investors, Droplet wealth advisors, Equities, financial advisor, Financial Planning, Investing, long-term, Personal Finanace, Wealth advisors in chennai
So we promised we will suggest a different (better) way of Direct equity investing in our previous blog. Here we are with our simple thoughts. Read on Build your Capital 1. Give yourself an 8 year time period. Well, the obvious...