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How to Buy a Car without a Loan? Read on...
1. Get the price of your favorite car (Assume 10 lakhs)
2. Find out what's the EMI payable for that car for 3 years (₹31,336).
3. Start saving that amount and invest it diligently for 3 years
1. Get the price of your favorite car (Assume 10 lakhs)
2. Find out what's the EMI payable for that car for 3 years (₹31,336).
3. Start saving that amount and invest it diligently for 3 years
(for people who think #3 it's not possible, imagine that you have already got a loan and imagine that bank is debiting that EMI from your account. Would you be giving any excuses then???)
4. After three years, you would have around ₹13 lakhs (at 10% growth in Index funds).
4. After three years, you would have around ₹13 lakhs (at 10% growth in Index funds).
5. Your choices after 3 years.
(a) Buy your favourite car (new) for the entire amount (₹13 lakhs).
(b) Buy a used car of the same model for half the price and invest the remaining (₹6.5 lakhs)
(c) Buy a used car (luxury), a segment above for the entire amount (₹13 lakhs)
(a) Buy your favourite car (new) for the entire amount (₹13 lakhs).
(b) Buy a used car of the same model for half the price and invest the remaining (₹6.5 lakhs)
(c) Buy a used car (luxury), a segment above for the entire amount (₹13 lakhs)
ஏப்ரல் 6. வாக்குச்சாவடிக்கு போய் வாக்குச் செலுத்திட்டு வந்த நேரத்துக்கும், IPL / பிக் பாஸ் தொடங்குற நாளுக்கும்இடைப்பட்ட கொஞ்ச நாட்கள்ல உங்களோட பைனான்சியல் ஸ்டேட்டஸ், எவ்வளவு சேமிக்கப்போறீங்க / இன்வெஸ்ட் பண்ண போறீங்க, எவ்வ்ளவு வருமான வரி மிச்சம் பண்ணப் போறீங்க, இதெல்லாம் பேசுவோமா?
இந்த கொஞ்ச நாள்ல நாம செய்யப்போற பைனான்சியல் பிளானிங் தான் இந்த வருஷம் முழுமைக்குமான GOALS. நம்மள ஒரு பொருட்டா கூட மதிக்காத கம்பெனி க்கு Goals & Objectives போட்டு வேலை செய்யுறோம். நமக்கே நமக்கு ஏன் செய்ய மாட்டேங்கிறோம்?
இந்த வருஷம் எல்லாத்தையும் மாத்துவோம். The first step in solving any problem is to accept that there is one. நம்மளோட தற்போதைய நிதிநிலைமை எப்படி இருக்குன்னு பாப்போம். இந்த வருடம் இவ்வளவு சேமிக்கணும் ன்னு ஒரு டார்கெட் வச்சிப்போம். Disciplined ஆ அதை செய்வோம்.
1/14
* Should beginners invest in Mutual Funds ? *
"Mutual funds are subject to market risks . Pls read all scheme related documents carefully before investing " .
We hear this every time we see an advt , but do we follow it ? 🤔
Then why cry once we lose our capital ? +
* Should beginners invest in Mutual Funds ? *
"Mutual funds are subject to market risks . Pls read all scheme related documents carefully before investing " .
We hear this every time we see an advt , but do we follow it ? 🤔
Then why cry once we lose our capital ? +
2/14
MF basically is a trust which collects money from different people & this fund is managed by a professional Fund Manager. The Fund manager then invests this money into different asset classes to earn income .
Thus their role is pivotal in the performance of the fund. +
MF basically is a trust which collects money from different people & this fund is managed by a professional Fund Manager. The Fund manager then invests this money into different asset classes to earn income .
Thus their role is pivotal in the performance of the fund. +
3/14
Fund management could be active or passive.
If actively managed it would depend on the manager to pick the components of a portfolio as compared to passive wherein mf is based on an established index & its underlying components. +
Fund management could be active or passive.
If actively managed it would depend on the manager to pick the components of a portfolio as compared to passive wherein mf is based on an established index & its underlying components. +
