RICH INVESTING iDEAS

What's your Earning  - A Personal Cash Flow Meter Earning money, isn't an easy one ? Absolutely, Earning money is an easy one, but it's hard to keep (grow) it. I mean that the Jobs and Earning money are easy on these techie days. Somebody have the value on their Dignity, Prosper and many of us have, earning more (Money) is a big value. Still, few one can make easy and more of them think that, it's hard to earn. Everyone of us, feeling that the rich one have more money and other's can't. But is it a right away to tell ? Not always, many of us hurting their health to make wealth (Money). Even Apple's Steve Jobs had earned a lot and respect too, but the health was not support for him. I am not telling you that, you have to earn more to be Rich (or) Financially Independent . The think is, how you utilize the earnings and to grow, while you have a little money or No job. What you have Earned ? As an individual, he earns  ₹  1,00,000 /- salary per month and spend...

The Sharp Knife cuts (hurts) your dream -  INFLATION Can anyone tell, ' Why your dreams never come true ? "  OR   Not always ? I am always start with a caution and raising questions myself. Even starting an article with a question in this blog :-) No need to worry (or) stop, but we have to ask question by ourselves, with a word, ' CAUTION '. We are having the fixed habits, but not having a flexible one.   We go for the School Education We go for Graduation We go for Job We go for Wedding We go for Kids We go for teaching the above to our kids We go for Retirement and finally, we felt bad that something we are not achieved (or) not happy with what we had / did. Why... ? On our school and graduation days, we have so many dreams and likes to get. Then, we think that we can get after our job (Day Job). But, that is the area, we don't have a flexible one. We go for a job, We Spend... Spend... Spend... on our money, not with our precious time ! The...

Adjusted Returns on Investment   If someone asking you,  What is your monthly pay check or Salary ? Then, we are hesitated to tell or show the exact numbers on salary, even after our deduction from salary :) . We are thinking about that we are protecting our income numbers ! That's not a matter, either showing the pay slip or not. But, on our Investment info, we have to be careful about the returns on numbers we earned it. We just enjoying to show this much returns i had on my investments or I had a profit of XXXXX from my investments. But, do you know what is your real returns received on your hand ? Returns on Investment can by type of: Inflation Adjusted Tax Adjusted Risk Adjusted From the previous article, we have seen that about the difference between Real Rate and Nominal Rate of Return. It clearly indicates that we must aware about the Inflation, it hurts our retirement planning and Goal based investments. For Example,  If our Return is 10 % from the investment amo...

Investment Returns - Real Rate vs Nominate Rate ? Which one is better for my investment, Real Rate or Nominate Rate ? Basically, the return on an investment defined on a Nominal Rate . So, we have to know, what is a Nominal Rate of Return : A Bank Fixed deposit gives you a 10 % interest (per annum) for your investment. Then, the nominal rate is also 10 % as it reflects the same. So, there is no need for any deduction from the interest bank pays you. When the Nominal rate is adjusted with the inflation rate is known as, " Real Rate of Return ". The Real Rate of return helps the investor(s) to adjust with the inflation and getting to know the exact returns on your hand. Let us see the example, A Bank FD gives you a 10 % interest (p.a) and the inflation rate is at 4 %, then the approximate real rate is: Nominal rate of return (or) Interest Rate - Inflation Rate 10 % - 4 % = 6 %  (An approximate real rate on easy calculation) Effects of Real Rate of  Return: Usually, the Nomi...

Why Estate Planning should be mandatory ? Do you know about Investing Expenses ? The expenses that can generate (or) produce an income, so that we can save / invest a part of money, would be deducted from our Regular Salary or Business income like as other expenses. We daily saving / investing for our Goal based information. We regularly seeing what about our yield to date (YTD) on Returns. Our Dream goals are better and far more, it may be 20 years or 30 years or more than that. We depositing in a bank, mutual funds, stocks, realty, gold, etc. We are telling these investment instruments  will for the future of our Children. But, would you know, it's exactly fit for our kids or will settle as 100 percent for our kids ? We can't know. That's why we are talking about, ' The Estate Planning'. It's not just like a simple as we are thinking a Real Estate Property. The Estate Planning: “What makes greatness is starting something that lives after you.” So, we should ma...

How to E-file ITR 1 online ?   Income Tax Return filing is not so hard, but if you get the basic things right. Nowadays, the government also encouraging to disclose your earning information and the technology really helps to ease the information online. Income Tax Return is a task for the individuals, especially for the employees is a needy one. Employers would make TDS for the employees on account and then the employees can make the file easily through the part of Form 16.   What is ITR- 1 ?   The Income Tax Return (ITR) - 1 is a document or form that required to file by an individual whose total income for the Assessment year includes,   Income from Salary or Pension (or) Income from House Property (or) Income from other sources. ITR- 1 also known as ' Sahaj ' meaning easy in Hindi Language. The following individuals who cannot file this ITR- 1: If an individual's total income exceeds Rs. 50 Lakhs If agriculture income is more than Rs. 5000 If yo...

How is my Budget Planning today - April - June 2017 - PQFR As we had discussed the 'Budget Planning' in the past two posts. Here now, i am keen to submit my PQFR (Personal Quarterly Financial Report) for the Quarter - April - June 2017. Set your own Budget Planning How to set a simple Budget Planning 2017 The report below created by me, is based on the  Super Budget 50:30:20 On the report, my fixed expenses are vary due to Medical costs and grocery items on my relative appearance :)  kindly note that i mostly maintain the savings / investing above the Super Budget terms with 30 percent plus. I believe in savings / investing for my child and for the Retirement. So, it would insist me to Retire Early :-) You can also do the PQFR yourself and go further with honest :) If you interest to share any comments, i wish to listen for that RICH INVESTING IDEAS – www.richinvestingideas.com