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rammoney | Money matters made simple

Money matters made simple

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rammoney | Money matters made simple | rammoney.wordpress.com Reviews

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Money matters made simple

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1

Power of Compound interest | rammoney

https://rammoney.wordpress.com/2013/07/14/power-of-compound-interest

Get me outta here! Money matters made simple. Power of Compound interest. July 14, 2013. Warren buffet world’s richest man told once. My wealth has come from a combination of living in America, some lucky genes, and compound interest. It is not possible for every one to live in America and to have lucky genes, But every one can take advantage of compound interest. Let us see how the power of compounding works for you. 1,36,36,389. 1,13,96,627. 2,77,85,278. In mutual fund . Conclusion here equities will g...

2

Calculating Retirement expenses | rammoney

https://rammoney.wordpress.com/2013/01/20/calculating-retirement-expenses

Get me outta here! Money matters made simple. January 20, 2013. Let us assume your annual expenses in year 2013 is 2,00000 Rs (Monthly expenses around 16,000 Rs),. Let us assume your current age is 29 years , Suppose your planning to retire at age 60 . The retirement expenses are calculated by using the compounding formula. Where A = Annual expenses=2,00000Rs. R=Rate of inflation=6%(This is just a assumption ,It may go to double digits also). N= Number of years remaining for retirement=31.

3

Common mistakes by young people | rammoney

https://rammoney.wordpress.com/2016/12/18/common-mistakes-by-young-people

Get me outta here! Money matters made simple. Common mistakes by young people. December 18, 2016. Ignoring power of compounding. Most of the young people delay their investments, Common reason is waiting for salary hike.No time and don’t know how to invest, where to invest etc, Just one week end if u spend time with your advisor you can understand all investment concepts. Start Investing early make the benefit of power of compounding. Ignoring power of youth. Income(I) – Expense(E)=Saving(S). But there i...

4

Asset Allocation | rammoney

https://rammoney.wordpress.com/2014/03/31/asset-allocation

Get me outta here! Money matters made simple. March 31, 2014. Ramu is a 30 year old unmarried individual, while Praveen is a 45 year old married person with 2 kids and Debasis is a 60 year old retired individual. Since Ramu is young and has just started earning few years back, he has only a few assets but his time horizon is around 20-30 years, so his overall risk taking capability is high. So what could be a suitable asset allocation for each of them…. Ideal Asset Allocation for Ramu. So far we have lea...

5

ABOUT US | rammoney

https://rammoney.wordpress.com/services

Get me outta here! Money matters made simple. This is Ramcharan Certified finance professional having experience in IT and Financial service industry ,. Rammoney is a financial literacy blog, Aim of this blog is educating people about personal finance . This blog is about creating financial awareness so that mis selling of financial product and bad advise in the area of personal finance can be avoided.This blog helps people to stop experimenting with hard earned money. Leave a Reply Cancel reply.

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Use Time as an ally

http://www.subramoney.com/2015/08/use-time-as-an-ally

We Make Smart People Richer. Laquo; Financial Planning lecture: Kharghar 5th Sep 2015. A book on GOAL BASED INVESTING with calculators. Use Time as an ally. Why does this happen? Because we underestimate the power of TIME. What we remember from the past is what our mind allows us to remember. So all the painful experiences are nicely edited and presented to us. We learn to beautifully blame others, and we remember events EXACTLY the way we want our brains/mind to remember the event. Post Footer automatic...

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rammoney | Money matters made simple

Get me outta here! Money matters made simple. My Definition of Loss……. January 8, 2017. If I ask you dear readers, “how many of you have investments in equity either directly or through mutual fund? 8221; I am quite confident that 90% of you will say NO. If I further tell you that you don’t invest in equities due to fear of loss, I would be right again. You hate losing money so you run away from equities. I also hate losing money therefore I invest in equities. Oops, what a contradiction! Therefore I inv...

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