Originally posted by DYNAMIC
Originally posted by basant
The most important thing in life is financial security. I have read hundreds of quotes on happiness and family but the point is without money there is a very less probablity of anyone being happy.
Now the question is what constitutes financial security. For anyone in the stock market financial assets of Rs 1 crore or thereabouts should constitute financial security. That is my view. This 1 crore does assume that you have a home and would have about a 1-2% dividend yield and would make up for the balance of your livinge xpenses from capital gains.
If one is invested in debt this figure gets enhanced also equity investors should have a basic feel of investing so that they do not blow off this Rs 1 crore!!!
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Ageless quote! Probably our most significant learning in TED.
Guys lets restart this thread by sharing our Path to Financial Freedom
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basant sir, here did you take into account the dependants mainly children's education/marriage or it excludes those?
moreover how do we calculate those future expences in present value? there are so many estimations by financial planners for the same, are they reliable?