RICH INVESTING iDEAS

Take a step to Risk (Risk and Safety  Margin) For many people, Risk refers to like eating a ‘Rusk’.  But, it is not a eatable item. Then, how many of us are like to take the ‘Risk’ ? Risk – Exposure to Danger or Hazard In Financial(Investment) terms, Risk is a deviation between the actual and the expected returns . Risk has two faces, as it have Positive and Negative. Without any risk, the investment of money can gives the return of ‘Null’ or a little bit like positive. If we dare to act, then we get better Profits (Positive) and Losses(Negative) in many cases J  This is the case for so many of us, not willing to take risk or take risk without aware. Is it good, for not taking Risk ?   Is really, Risk less investments are protecting our wealth /Future Daily expenses ?   Absolutely not ! Then, how we at Risk ? Getting down in the river without knowing how to swim or Not aware about the depth of the river even   Swimming.   Riding rude in National Highways or not knowing how to ta

How to create wealth (Practically) ?   Simple and Really ! Few simple steps to Create Wealth by your small amount of money / Business:   Buy a small Ruled Note book (or) Download ‘ Expense Manager ’ App on your Mobile. Write / Note down your Day-to-Day Expenses; After Completing a month, Make a total of your expenses with some specific titles on Grid (Like Travel, Mobile Phone and Data Expenses, Food, Electricity, Medical, House Rent,Entertainment,Tour,etc) Do it for the next 3 months and try to draw a Comparison Chart / Trend of Monthly Expenses. Now, you can know the Clearance of your expenses, where it goes… Follow your rule like as, [ My Monthly Pay - Savings = Spend ]; Now, you have a salary per month and also knowing about your monthly expense through the First 3 Steps. For Savings, you just go to the next step. Buy or Steal, ‘ Rich Dad, Poor Dad’ Book . Read only Hard Book, don’t go for the Kindle Edition or Soft copy. (Read only Hard Covered Book that will ma