Droplet Wealth

Click here to read the article in Tamil On this fine Saturday, Dharam my Investment Partner, and myself were attending a training on various financials products! Along with us there were other participants mostly aged 45+ and it was obvious that their best days were past them. An Interesting subject and students past their prime makes a peculiar combination and while we were still getting a feel of this peculiar-ness, Lunch was announced.   A gentle man aged 50 along with couple of others followed us. It seemed they were still juveniles of Capital market and we were happy for them attending this training.  Fortunately, Dharam & I had immense interest towards equities in our early twenties and we did gain precious knowledge about equities. Though there were many failures in the initial days, we did learn a lot and have been successfully investing of late; it has been almost 7 years now and we have quite a good portfolio and aiming to use our knowledge to our cli...

                                Click here to Read in Tamil We are both excited and nervous to share the fact that many of our readers have come back to us asking about Equity Investment through Mutual funds. Excited because our readers are getting involved and being informed about this wonderful instrument of saving. Nervous if we will be able to deliver the knowledge in best digestible way.  We are going to educate how the Mutual Funds (MFs) work in terms of returns they earn. Because there are linked to markets, the returns that MFs give is not a straight line like below - But like an graph below, where the returns go up and down all the time. More like this –                                   If you see both the charts end at 150 but one is simple-straight line while the other is with ups...

        Initially we thought of coming up with a write-up which is close to our heart anytime. But fortunately we did learn a lot and got to know a few interesting things about Provident Funds (popularly known as PFs) So we decided to postpone the actual blog and wrote this one, as this will help readers to correlate with the next one! So, this week let us look at what Provident Funds are all about!         Provident Funds are two types Employee Provident Fund (EPF) & Public Provident Fund (PPF). Both Employee Provident Fund and Public Provident Fund are long term investment tools which helps you secure your retirement days. Before you invest in either EPF or PPF, it is important you know about these plans. EPF Vs PPF – EPF alias Employee Provident Fund is automatic savings option for Salaried employees where the employee and employer both contribute 12% each of the employee’s basic salary (Employers contribution of 12% is furt...

Caution - Request readers to consider this write up seriously if they don't want to feel bad looking at their march month Salary statements.              Being one of them, I believe that the salaried class are one of the most affected by the tax system of this country. I say so purely on basis of  tax paid-benefits accrued "Trade off". One thing is we dont "pay" tax, Govt snatches it from us. We basically pay taxes on everything we consume, you name them - Milk, basic groceries like Rice, wheat, dals etc., Bike,Car, clothes, food, entertainment, shit (corporation tax). On top of all this Tax, The government does not allow the Salaried man to declare his Income and pay tax on it as is the case with Professionals (though we pay Professional tax -  credits to PC sir) but simply asks the employer to deduct it from our pay and pass it on them directly. So "Unfair" & "Undemocratic" ! You never ask us, thats not democracy! Having paid the ...