| Basudev Tewari , Rajshekhar Roy and 5 others posted in Asan Ideas for Wealth . Basudev Tewari March 15 at 8:35am My asan ideas for wealth... Correct me if my understanding has been wrong... Simple ideas are great for middle class guys like me... Only term insurance of 8-10 yrs of annual earning, sizable health plus personal accident insurance, an emergency fund of loans months of expenses, dull and boring SIPs (as much as feasible) to continue which should increase proportionately with income, some liquid fund/deposit to invest in equities/MF when the market PE is low, periodic (yrly or half yrly) monitoring of portfolio and last, but not the least, reduce debts as much as possible (credit card/personal loans first followed by car and home loan being the last)… Like Comment | | | | | | | | | | Basudev Tewari, Rajshekhar Roy and 5 others posted in Asan Ideas for Wealth. | | |  | | | | | My asan ideas for wealth...
Correct me if my understanding has been wrong...
Simple ideas are great for middle class guys like me... Only term insurance of 8-10 yrs of annual earning, sizable health plus personal accident insurance, an emergency fund of loans months of expenses, dull and boring SIPs (as much as feasible) to continue which should increase proportionately with income, some liquid fund/deposit to invest in equities/MF when the market PE is low, periodic (yrly or half yrly) monitoring of portfolio and last, but not the least, reduce debts as much as possible (credit card/personal loans first followed by car and home loan being the last)… |
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