How large is your portfolio vs your salary?
In your youth it is generally = a few month's salary.
In late 30s & 40s, it will be 10-20x your annual salary.
Hence a loss is harder to recover. Even if the market eventually recovers, it is hard to deal with net worth erosion that is = many years of income.
This is something @deepakshenoy told me when I met him recently & one of the reasons why multi asset funds are important. They fall less than pure equity.
Also, why diversification matters more as you get older & having some money outside India.
We have a free webinar coming up on that. Do sign up!
Link here: https://t.co/glYvyXL1CS
Broken ropes of both net climbers at APJ abdul kalam Garden, Hari om Nagar
Request you to please fix the same at the earliest as children are unable to climb on them @HONAFE_APEX@mybmc@mybmcWardT
@rpomumbai@MumbaiPolice
My passport report is submitted to RPO mumbai but shows that the police verification report is not clear and is under review at RPO.
No status updates its more than 2 months.
File no BO4070716830025
Can I visit RPO office BKC, without an appointment?
If we are in Maximum Income Tax Slab of 30%, it means that out of total 365 days in a year, approx 100 days salary goes to Government.
There is no harm to work 100 odd days for Government .. but facilities should be better.
Potholes on the National Highway are not acceptable !!
Dear 18 to 44s
Taken the first dose of covaxin? Your second dose is due soon!
Please walk-in at any of the centres administering covaxin, on Mon, Tue & Wed OR book online for Thur & Fri in the coming week
2nd Dose ONLY
#YoungAndVaccinated#MyBMCVaccinationUpdate
Want a #OnePlusWatch wrapped around your wrist before anyone else?
Just ❤️ and 🔁 this tweet for the chance to win!
We've got two to give away. Good luck!
I request @NetflixIndia to get “The Social Dilemma” dubbed in Hindi and every Indian language possible.या कमसे कम subtitles ही शुरू कर दो . हम भारतीयों के लिये ये सोशल मीडिया का खेल समझना बहुत ज़रूरी है ( दी सोशल डिलेमा ज़रूर देखिये )