Varun Malhotra's teaching channel

With SWP, you can get regular income at a frequency of your choice, create your own pension and whats more..its efficient in Tax too! #DontRetireRich

IMPORTANT COMMUNICATION Discontinuation of SIP in HDFC DEFENCE FUND W.E.F. July 22, 2024 (effective date) # Fresh SIP registrations shall NOT be accepted from 22nd July 2024 # Lumpsum & STP in the scheme will continue to be restricted. # SIPs Registered prior to the effective date shall continue to be processed. # Systematic transactions already registered will continue to be processed NO RESTRICTIONS ON Redemptions / Switch Outs / STP - Outs

Nvidia v/s Mazgaon Dock

One more issue (scam ?) from Groww app

Investing Lessons from Mario's Playbook: 1. **Diversify Like a Mushroom**: Don't put all your coins in one block. Spread your investments to give your portfolio an extra life. 2. **Gather Those Coins**: Regularly save a portion of your earnings, just like Mario collects coins along the way. 3. **Upgrade Your Knowledge**: Invest in education and research to gain a power-up and make better investment decisions. 4. **Avoid the Pitfalls**: Steer clear of risky investments that can harm your portfolio, similar to how Mario avoids dangerous enemies. 5. **Uncover Hidden Gems**: Be willing to break through the blocks and dig a little deeper to find valuable investment opportunities. 6. **Set Your Sights**: Establish clear financial goals and steadily work towards them, just like Mario aims to reach the flagpole at the end of each level. 7. **Keep Marching Forward**: Maintain patience and persistence, even when the journey has its ups and downs. Successful investing is a marathon, not a sprint. Remember, the key is to approach your investments with the same determination and resourcefulness as the famous plumber-turned-hero, Mario. By applying these principles, you can level up your financial journey.

Time to Book Profits

Bangalore property cagr is just 9.4%!!!! Yes...Plus 3% rental yield. But remember also lots of property tax Add Income Tax to your rent!!!!

The SBI Contra Fund: A testament to patience and consistent investing. Ever heard of the SBI Contra Fund? It's been around for 25 years and has a remarkable story to tell. Imagine this: a ₹1 lakh investment made at its launch in 1999 would have ballooned to ₹95.3 lakhs by June 2024! That's the magic of compounding and long-term investing. Here's the takeaway: You don't need a lump sum to grow your wealth. Small, regular investments, like setting aside ₹10,000 each month, could have grown to a jaw-dropping ₹7.19 crore in the same period! That's an annual return (XIRR) of 20.84%. The fund has consistently delivered, whether you look at its 1-year return of 48.6% or its performance over 15 years at 17.94%. The lesson here? Patience is key. Don't get swayed by short-term market hiccups. Let your investments grow steadily over time. The SBI Contra Fund's journey highlights the power of staying invested, riding out market fluctuations, and harnessing the incredible force of compound interest.

*Official* - *Budget Date 23rd July*

The secret to wealth is not about hot stock tips or cheat codes. The rich & Wealthy have one thing in common - they have a FINANCIAL ADVISOR. 💰 They don't sweat the small stuff like savjng paisa on Brokerage They focus on GROWING their BIG, FAT Financial Corpus And they know that EXPERT HAND HOLDING is a MUST for this! #WealthofWisdom #DontRetireRich