Smart Investing Ideas for Accumulating Wealth

21/06/2024

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24/04/2024

01/12/2023

The golden guidelines for achieving financial independence
1. Health coverage for the family and oneself.

2. Individual term insurance.

3. have emergency cash on hand for unforeseen circumstances.

4. Make early plans for taxes (ELSS, insurance, national pension scheme (NPS), etc.).

5. Set aside at least 10% of your income for investments in stocks, bonds, mutual funds, and FDs.

6. Establish clear objectives for your children's schooling, marriage, retirement, and other requirements.

7. Above all, avoid taking out an unsecured loan (credit card, auto loan, personal loan).

8. If you decide to take out a housing loan, keep in mind that the loan amount cannot exceed 70% of the value of your house (you must spend 30% of the home cost)

24/05/2022

why you must follow Stoploss