Droplet Wealth

                            This Sunday we wanted to continue with the wealth creator series or wanted to write about the power of compounding. As I was wondering what to choose and glancing through the news paper, then appeared this article. This one piece is a serious read for all the aspiring readers. We read and this inspired us a lot. This article depicts what myself and Sarav think every now and then. So, we are sharing certain important points for those who have the FIRE to save more, FIRE to invest more, FIRE to be financially independent asap. If you have the FIRE,  then read ahead.                                                      Before they got married in 2014, Naren spoke to his bride-to-be Sugandha about an idea that had been close to his heart for years: ...

                          For some reason, The last blog we did striked a chord with some of our readers and we were quite surprised to note that people called us to just to inform that -  "the blog was good and relate-able", "the advice given was good", "that we were able to communicate our ideas so well", some of the encouragements we got. We were happy to hear that and the week passed by. We woke up to this weekend not that happy because we did not have a solid topic in our mind to write to about.                              But As investors our lives are mundane and repetitive. We checked this unhappy thought out of our mind and stuck to our mundane-repetitive time table. That is to wake up, get cleansed up and read the Newspaper. The first page had a ad about a popular retailer opening a 6 floor showroom exclusively for furniture...

The state of the state of our mind is in such a state that it takes a lot of courage to just state the facts since the facts we state have to peddle through the fake facts (aka lies) to reach it shores. The shores we are trying to reach are nothing but you  - "Readers". And by the time, it reaches its shores, it is so confusing which is real and fake that the confusion swallows everything leaving nothing for the readers who await. We are afraid the knowledge is not crossing the shores! For the sails have not left the shores, not set forth towards knowledge. Alas!  However we said - "Let's persist!" This week we decided to bring to your notice a couple of newspaper articles that talk about returns from real estate. These articles appeared in Property Times supplement of Times of India Here are they-  Before you proceed to read them, try to grasp these information from them -  1. What area the Investments were made in  2. When was the Investment mad...

Hello Readers, Thanks for your overwhelming response towards our blog! Our blog has reached a cumulative view of 5,268 in less than 6 months. We are so happy about it and we will continue doing our best in educating our readers. We wanted you to spend 2 minutes of your time in helping us understand what did you do the last financial year for saving tax under section 80C? Click  here  for the survey. P.S. - If you still wonder how rich become richer. Do read our last week blog  here . 

Please read our last blog here . We have told how important it is to start saving early and the SIGNIFICANT difference it will have in our wealth creation journey. This blog is continuation of the same. Because a lot of people ask us the question whats the point in having money @ 50 or 60 or later than that when you cannot enjoy it. One thing i have to assure you is the definition of "Enjoy" will change when your age hits those numbers. Moving on! Next what we will tell you is more important and important than being important is that -  I T I S M I N D B O G G L I N G    A movie by name "Going in Style" released in Hollywood It is story of 3 Elderly citizens who rob a bank and sign off their life in style by giving away dollars to all people related to their life.. We also had a movie with elderly citizen trying to steal a bank (8 Thottakal) albeit  a sad ending. We like drama.  This blog is to help you educate how you too can sig...

Having covered about most of the "financial Savings instruments" in our series of blogs, We are confident that a person interested in saving his money in best way will have a clear idea about these instruments and their workings. We will now setforth to compare these to vocation out the best of them. In our last blog, we told that there is something "close to our heart" anytime and that something is " Power of  Compounding ". We are and will be biased towards equities because Equities are the best compounders ever in long run. We will give away our heart by explaining how compounding works. 1 lac invested in average MF that gives 15% returns will take 5 Years to become 2 lacs, in 10 Years it will become 4 lacs & in 15 years will become Rs 8 lacs, in 20 years it will become 16 lacs. The point to be noted here is that 1 lac took 5 years to earn 1 more lac to become 2 lacs, but after 5 years, it will take only 2.5 years to earn 1 more lac. Further, ...

              My first Salary was Rs 12000. This was my life's first big income and until that point, This income had no expense against it. This for two reasons, One was of course I did not know if i will get a job  Second is  Even if i get a job, Will i continue? or Will my Employer let me continue.  But once i got a job and was assured that my employer is ethical enough not to throw the employees off just like that, I was mentally assured of the fact that there is going to be stability in my income. I today have no idea from where all did the additional expenses came from which did not exists hitherto. I drained off all my salary buying a New TV, a New Fridge, a New Oven, Some Interior for my house, a New Gadget (every few months), Jewelry for my Mom (Surprise gift), Treat my Friends bla bla and bla. I did not stop at this, because of course my salary would not afford all this, I pumped in a couple of Personal loans here...