Tag: Passive Income
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Rule of 72 – Explained
The Rule of 72 is a quick way to estimate how long it will take for your investment to double in value. It works by dividing the number 72 by the annual interest rate or rate of return of your investment. The result is the approximate number of years it will take for your investment…
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11 things that Warren Buffett told that’s pretty evergreen
1. “Price is what you pay. Value is what you get.” 2. “Rule No. 1: Never lose money. Rule No. 2: Never forget rule No.1” 3. “Risk comes from not knowing what you are doing.” 4. “It’s far better to buy a wonderful company at a fair price, than a fair company at a wonderful…
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Index Funds – Explained
Let us first understand what an index is. You might have heard names like Nifty, Sensex etc. These are nothing but indices. Nifty 50 contains the top 50 companies in India, constituents of Sensex are top 30 companies in India. Similarly there are indexes based on the category of business. For example, Bank Nifty constitutes…