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SimplyMutual: The 1% formula is your guide to living a life free of financial stress. Available on #Amazon.
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Unlock the path to financial freedom with @simplymutual ! Join us on March 17th at 4 PM for a discussion on smart investing, saving strategies & the secret to retiring early. Don't miss out on the 1% Formula for a brighter financial future!
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3 steps of 1% formula
Step 1 – SIP – Takes advantage of Volatility (Rupee Cost averaging)
Step 2 – 3-year Volatility Buffer period – Prepares the corpus to withstand any future volatility
Step 3 – SWP – One can ignore volatility by withdrawing monthly
Examples of 1% formula, where small amounts of SIPs convert into much larger amounts of regular income
15000/- monthly SIP for 15 years => 100000/- monthly income stream from 18th year onwards (with a standing corpus of 1 Crore)
30000/- monthly SIP for 15 years => 200000/- monthly income stream from 18th year onwards (with a standing corpus of 2 Crore)
#GainYourFinancialFreedom by Deepak Mullick contains stories of people who used the 1% formula and created a nest egg without giving in to stress, anxiety or overwork. This book is a must-read for anyone who wants long-term wealth creation and a comfortable lifestyle off that wealth so that they don’t have to keep working for money.
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'This book is written as an equity-investing guide for those who are keen to make their money work for them. One needs to look at equity investing as ‘ownership of businesses’. When you consider investing in the shares of a company, the decision to invest should be based on thorough research about all the aspects of the business, including its future prospects. There may be ups and downs in the share prices in the short term, but as the company grows over the years, so do its profits and your share in them.' Learn more about the essentials of equity and how to invest it in mutual funds in #GainYourFinancialFreedom by Deepak Mullick.
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Investing in mutual funds sound too greek a concept? Venture on this easy to read by @simplymutual where he spells out the myths and anecdotes to help you make wise investment decisions. Check out the details of the giveaway on our Instagram!
Most people end up exhausting their lives chasing money as an end goal without focusing on turning their investments into a sustainable income source, consequently, ignoring other dimensions of life such as health, family and personal passions.
#GainYourFinancialFreedom by Deepak Mullick.
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#AirFrance Bangalore passengers stuck in Vienna(flt AF0203). flt landed in Vienna instead of Paris per technical snag. No support from Air france / airport staff clueless! Connecting flights missed
My son travelling to Chicago for college in UIUC pnr WRMKRP
pls help #meaindia
Don't fall prey to the rat race. Think about your priorities in life and set financial goals to help you live the life you deserve! Find out more about financial goal setting in my book SimplyMutual: The 1% formula--> https://t.co/nqiDhTwY6z
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