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Showing posts from September, 2024

Milestones and More...

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"The journey of a thousand miles begins with a single step." — Lao Tzu     And so we started in 2018. What to us back then was passion turning into a hobby. Passion about stock markets, Equity Investments, creating wealth. The more we spoke about it, the more people got attracted to us seeking opinions & Investment advices more so with the aim of making quick money. We realised the folly that common man commits and wanted to put them on the right path by giving them right guidance through proper financial planning. With this motto, we reached our Milestone#1 - Founding Droplet Wealth.                                                        As the days passed, a lot our acquitances became our clients and they realised the beauty of Equity investments, the importance of financial plan and significance of having a financial Advisor. The word spread and before we would realise, we mopped up the 1st Crore under our advisory and that took to us to our  Milestone#2 - Having a Cro

The Gold Standard

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 2023-2024 is very interesting period and for a very unusual reason. The reason being a lot of flagship funds of some very famous Asset Management companies completed or crossed 20 Years. Considering the fact that we always tell - Equities should only be considered as a Long Term investment tool, 20+ years truly signifies "Long Term". Before we move on, here is an sample marketing material that is circulated widely to show the growth of the capital invested - One thing that caught our eyes was - How the material shows today's value in Crores. Largely it is due to aspriations of today's generation wanting to be crorepathis and rightly so.  But for a common man, the question is always how much investment has to be made to reach that "Crore" Mark. The materials we presented above talks about 1 lac becoming 2 Crore in 26 years. Given how our mind works, we quickly jump to a conclusion that we just need to invest 1 lac and we will get 2 Crores years later