Droplet Wealth

Click here to read in Tamil Tortoise and Hare were friends, but as different as chalk and cheese. Tortoise liked to play it safe, while Hare enjoyed taking risks. Both started investing Rs 10,000 a month when they got their first pay cheques. And both of them were as different as different can be. Hare was drawn to the stock market. He wanted to invest his money in equity mutual funds and even thought of buying a few stocks. Tortoise was a conservative investor. He put his money in the safety of fixed deposits and opened a PPF account. Tortoise was unfazed by the jibe. He smiled and shook his head slowly, and continued putting money in the PPF. Hare watched the market with a keen eye. He acted fast when he saw an opportunity, investing in equity funds through SIPs. He lined his demat account with bluechips. Whereas Tortoise invested methodically. He increased his investment by 10% every year. After 10 years of investing, hare looked at his portfolio. He had earned compunded ...

Each time, We approach someone to invest in Equities (read Mutual Funds), they are inherently worried about the loss. Questions like - What if I don't even get back the Money I have invested? Will be I become Super-Duper Rich.? One extreme to another! Alas, I wish, sometimes, we used less of our thinking ability. We wondered how should we answer these question. That's when the Indian-ess in us came to our rescue. If we notice, in our country, most of the times, we do something because our Neighbour does it, Or our friend does or our Cousin does it or somebody did it.. So we said let us bring to our reader stories of fellow Investors who made some serious wealth (Read hundreds of Crores) by investing. Mr. Anil Kumar Goel - Before anything - Oh yeah! He is Chennaite :) No Idea about Stock Markets - Anil was born and bought up in Punjab. He came to Chennai on the insistence of his Grand Father to help his Steel Business. Having come to support his Grand Fat...