Droplet Wealth

                                          Droplet is 365 days old, Yes with this New Year we will be “ONE” year old. Happy Birthday, Droplet! We would like to thank all our clients & readers for supporting our small start-up. The idea of starting up a financial advisory service was never there until we realized there is serious lack of financial literacy among people and we wanted to take this opportunity and make people understand the significance of Starting Early, Financial Planning, Asset Allocation and more importantly  differentiate insurance & investments . That’s how Droplet was born.                       When we started, we never anticipated we will get such a significant response from people. But, We are, least to say, humbled and bow down to your support and interest that each of you has sh...

Very soon Google & Facebook's artificial intelligence-equipped robots will throw ads that will show you can save taxes up to Rs 46,500 on investment of 1.50 lacs under 80C. The second amount of the first sentence is enough for middle-class families to forget about tax saving forever. So for those not convinced about tax saving, let Droplet tell you a few important things about Tax Savings -  1. It helps you achieve a better rate of return irrespective of the instrument. (Ask us how you will be surprised to know the answer) 2. It inculcates the habit of savings.  3. It helps in retirement planning. (Oh! Seriously)  Ok, what we intend to inform our readers is -  1. Are they really eligible for Rs 46,500 savings on Tax 2. How much should they optimally invest to save Taxes under 80C.  Droplets has taken the example of 3 Salary profiles here and explained how much each of them can claim under 80C and what would be there Tax savings -  ...

Disclaimer - This blog has nothing to do with the below book. But it has got everything to do with "Rich Dad & Poor Dad". We all want to be rich but hardly 1% actually make it there. At Droplet our endeavor is to make every person investing with us to be Rich. Because, believe us, becoming rich is not that tough, it's very simple and boring. But most of us blame it on our Parents for not giving us the kind of launchpad (Like inheritance, Degree from Fancy college, things, etc.,) to become rich. Include those of you who say "Avanukku enna, avanga Appa sambachu-vechu irukkaaru..."  Before we proceed to say anything we want to bring to you 2 real stories from our beloved place ie., the Stock Market.  Of course one of the companies is Rich Dad's and Another is Poor Dad's. Below is the Sales that these companies have recorded in the last 10 Years.    As you can see the 1st company had started with huge sales figures and gradually...

This is the time of the year when fortunate of us would be running to save taxes us 80C. Fortunate because we don't have a home loan and hence we don't "Save Taxes" under 80C.  We will soon have our smartphones throwing up adds like  - " Save 46,500 in Taxes this year " blah blah... not only that we will also our Dad's/Mom's/Uncle's friends who will call up to say that we can a buy a "Money Back Guaranteed Plan" to  save taxes and insurance our life and get "smart" guaranteed returns on our investment and plan our retirements and oh my what and all they will not tell you until you s**k up..  This year Droplet is going to try to make it different and of course we need your Patience and Attention so that we can help you.  Read our Blog  here  and enlighten yourself.  For any financial Planning queries, Please contact Droplet Advisory @861 017 2018/824 836 9621 or write an email to us at dropletadvisory@gmail.com ...

              So this is one question everybody will have on their mind?  Do Mutual Funds actually make money? After all, they are related to stock markets. So they are ideally risky and so much risky that people lose 100% of the money, Right?  Warren Buffet Says - "Risk comes from not knowing what you're doing"  Next time somebody says stock markets are risky tell them what Buffet says. More importantly, share with them this blog. That is, of course, after once you have read it yourself. Alright, Equities or their proxy, that is Mutual Funds are risky but one can negate the risk by staying longer in the game. Please go to google and search the return any equity mutual funds for more than any 8 year period, you will yourself know. Repeat the exercise for any 3 year period, You will  yourself  know.  We have been researching about Mutual funds for almost 18 months now and we thought it will be useful for our rea...

Since day one, we have met over and above 150+ clients who have approached us for financial planning and investments needs. Interestingly, almost 60% of people have answered at the end of our discussion as below- 1.       “I’m interested in investing but have some other commitments so let’s do it later point in time"    or 2.       " Let me try investing little now for a couple of years and then will kick start my investments based on the returns we see in these invested years”                          It appears that people have not given a serious thought about asset allocation & diversification. Even today, real estate and gold are the only asset class in one’s wealth. People never think equity as an asset class. To them, equity is just buying today selling tomorrow and becoming filthy rich overnight. If you think like th...

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 ...