The Institute of Chartered Accountants of Indiaย โขย 9h
How India Invests in Assets!
More than half of India's wealth is parked in real estate, while only 5.7% goes into equities!
These are incredible stats.
๐ฃ The world's largest sovereign wealth fund is valued at nearly $1.4 trillion.
๐ In 2023, the fund recorded record profits, driven by technology holdings, including Microsoft, Apple, and Nvidia.
๐ณ Most of the fund's assets are invested in stocks
Day 6 About Basic Finance and Accounting Concepts Here's Some New Concepts
3. Tangible Assets
Physical assets that have a physical form and can be touched.
Examples: machinery, real estate, vehicles, inventory, and office supplies.
4. Intangibl
We are slowly moving towards a system of 30% taxation on capital gains.
[1] A lot of retail folks used to enjoy the indexation benefits on Debt mutual Funds.
This was taken away in 2023.
Rational? Well, Equities have no indexation-- why should
The Institute of Chartered Accountants of Indiaย โขย 1y
Have you read the book "Rich Dad, Poor Dad"
written by "Robert Kiyosaki" . he is a genius.
He admitted to having more than $1.2 billion in debt ๐คฏ. you might have watched his yt Shorts claiming that.
He views this debt as a strategic move and a par
Nifty50 has fallen by 3.88% in the last 3 days, and many investors would have sold and exited the market. This is the biggest mistake investors make and hence don't end up making profits in the equities market.
Investor psychology is simple, when th
๐ฐ Smart Financial Moves for a Secure Future ๐ก
1๏ธโฃ Diversify Investments โ Spread money across stocks, real estate, & gold. ๐
2๏ธโฃ Build an Emergency Fund โ Save at least 6 months' expenses. ๐จ๐ต
3๏ธโฃ Avoid Bad Debt โ Pay off high-interest loans ASA
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Atharva Deshmukh
Daily Learnings...ย โขย 11m
Investing helps us gain financial independence, create extra wealth, and better life opportunities. Everyone invests at some point or another in their life. There are various asset classes where one can invest, they are:-
1)Fixed Income Instruments:
Investing helps us gain financial independence, create extra wealth, and better life opportunities. Everyone invests at some point or another in their life. There are various asset classes where one can invest, they are:-
1)Fixed Income Instruments:
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Tushar Aher Patil
From Nothing to some...ย โขย 6m
Hey medial family. I am starting a new series of basic finance concepts. For the first time in my life I have to explain a lot. If I do something wrong, then correct me as a little brother.
1. Personal Finance
Budgeting: Planning how to allocate i