FinDost - A simple way to understand money !

Reading time - 3 mins Hi Readers, Good to see that the count of Covid - 19 cases in India are going down day by day.   Hope it ends soon!!!  🙏 Did you get shocked after seeing the tag line for today's blog -  "Buy a Real Estate property at just Rs. 10,000" Wondering How? That's true and it has become possible in India to get a real estate property at price as low as Rs. 10,000. The answer is through REITs and  InvITs. So, What is this REITs ? REITs stand for  Real Estate Investment Trusts. A real estate investment trust (“REIT”) is a company that owns , operates or finances income-producing real estate . It is an  investment opportunity , like a  mutual fund , that makes it possible for every Indian to benefit from valuable real estate. Basically in Hindi -  ये एक तरह का रियल एस्टेट में निवेश करने का तरीका है।  इसमें एक ट्रस्ट सेटअप किआ जाता है जो हमलोगो से पैसे लेकर और उसका pool बनाकर रियल एस्टेट में निवेश करता है। ...

Reading Time - 4 mins Hello Readers, Hope you are safe and keeping yourself healthy! Today, I am penning down on a topic -  How to start Investing even if you aren’t born Rich ?                   There’s a myth that you need a lot of money to start investing in stocks, mutual funds and Exchange Traded Funds (ETFs). You can't get rich by either depositing money in bank accounts or keeping in your lockers . In order to build wealth, you will need to invest your money over time, which will attract the Power of Compounding . I have discussed all about compound interest in my previous blog -  Read here-  Compound Interest Followings are the Investments options in India to get started investing with small amounts of money which can turn out to be big corpus over a period of time - I will divide the options into two parts on the ground of Risk Profile of an individual :-  High Risk  appetite ( Jigda) and, Low Risk ap...

Reading Time - 3 mins Hello , I owe a big thanks   to all of you for giving an immense response to the blog. I have received several queries regarding Insurance (mostly Health Insurance) for which I have tried addressing each of them.  I apologize, if I was unable to deliver the response due to time constraints. (I have my CA Final exams coming soon). One Small request - Please leave your queries/ suggestions in comments box so that all readers can get insights about it. ( I have turned on Anonymous option for leaving comments 😂).   Enjoy reading! So, today I am going to write about an interesting investment instrument which is in queue to get popular and widely included in our portfolios (specially in India). Any guesses? Cool, that is ETF (Exchange Traded Funds). What are Exchange Traded Funds? An  ETF  is a  fund that can be traded on an exchange like a stock , which means they can be bought and sold throughout the trading day (unlike mutual funds, whi...

Reading Time - 5 mins Hello Readers, Hope you all are safe and keeping yourself healthy. Do you know? : -  अपने देश  में , Most of us buy an Insurance as an Investment which is a very wrong approach. This wrong approach can burn out your lots of money (in form of premiums) if you don't analyze and understand the tricks played by Insurance companies. (CA's, CFA's and Actuaries sitting at their table to cut your pocket and book more profits). NO WORRIES , I will help you out to get yourself insured at an effective cost, vis-à-vis at minimum cash outflow. First of all, Let me tell you What is Insurance? In simple देसी   language , Insurance is just like a  सुरक्षा कवच you get against your asset/ liability by paying a token amount, which is termed as premium . There are several types of Insurance available : Health Insurance Life Insurance Term Insurance Motor Insurance Fire/ Marine Insurance Property insurance Travel Insurance And many more (For probably every asset, t...