Build Wealth In Your 30s? How? Click to know more ..

                                     Build Wealth In Your 30s? How?

If one knows the formula to build wealth, making money becomes more effective. Majority live a mediocre life. The reason for this mediocrity is, people do not know the wealth formula. In order to effectively build wealth, knowledge about wealth formula will give lot of clarity. Wealth formula is not a short-cut to build wealth. It just shows the right path to build wealth.

Building wealth should be on everyone's priority. But not everyone is seen following this priority. People generally get used to do their 9-5 job. At the end of month they get paycheck that makes them happy. Some people are paid more, and some are paid less. People get used to this mediocrity. It takes times for people to realize that they are only like a robot.

Same job they have to day after day, year after year. Even if they do not like it, they still have to do it for paycheck. Over time, people get extremely dependent on their paycheck. By the time they realize their evil dependency on paycheck, its already too late. It is essential for people to start developing a foundation for self early in life. In wealth terms, this foundation is called 'financial independence'. Complete financial independence can only be achieved gradually. It cannot happen in one day or one year. Developing a parallel source of income (alternative to paycheck) is essential. 

How to realize ones financial dependency on paycheck

Its not so difficult. Consciously take a decision not to use one months salary. That month, only savings will be used to pay for all expenses. Try this experiment for a month. The longer you can survive without using paycheck, the more financially independent one is. Majority cannot pass the first 10 days of the month. Its true that this experiment will make you very uncomfortable. But once you come out of it, you will be a changed person. You will start asking difficult questions to self. What happens if I loose my job? How will my child continue education? How will I pay my EMI? Realizing how dependent we are on salary is step one to build wealth. Everything after that will start happening automatically. 

Realize how asset and liabilities contribute to wealth building

When people do not have financial goals, they tend to get distracted. Instead of accumulating assets they start buying liabilities. To know difference between asset and liability we can use simple mathematics. We know that 1+1 = 2, & 1-1 = 0. Asset is +1 and Liability is -1. Our effort shall be to accumulate as much +1's and minimum of -1's. In the process of building wealth, important is to realize, which items are +1 (asset) and which is -1 (liability).

Do not confuse Liability with an Asset

There is difference between an asset and liability. Assets adds money to pocket. Liabilities takes money out of pocket. To build wealth wealth, accumulate more and more assets and minimize possession of liabilities. Asset accumulation does not mean buying a house, fast car etc. Assets are like cash reserves, equity, bonds, bank deposits, rental property etc. Our financial goals should be to accumulate income generating assets. Financial goal can be like "In next 10 years time I shall be earning at least Rs 50,000 in form of rental income from property". Here rental property is the ‘assets’. The rental income is the return on investment. If one wants to build wealth, then they must learn these keywords, 'asset' and 'return on investment (ROI)'. This is a litmus test for any asset. It helps us to differential asset from other items (liabilities). We may consider an item as asset, but if it is not generating ROI is cannot be an asset. A combination of asset and ROI has potential to build wealth over time. 

Magic Formula to Build Wealth

See that magic formula that can guide anybody on how to become wealthy. This formula is a result of excellent research work done by experts in the past which when applied will certainly lead to wealth creation. 
INA = Income from Assets
INJ = Income from Job
FI = Money required for Financial Independence
EX = Expenses

In order to understand this formula lets take an EXAMPLE 1:

INA (Income from Assets) = $0 / month
INJ (Income from Job) = $1,500 / month
FI (Money required for Financial Independence) = $2,000/ month**
EX (Expenses) = $ 1,000/ month

Applying this on Magic Formula: 

$0 + $1,500 < 2,000 + 1,000  

INA + INJ < FI + EX. 
Income from asset (INA) is zero. Income from job (INJ) is $1,500 against expense (Ex) of $1,000. But in order to become financially independent one requires $2,000 each month which is unavailable. Hence person is not on right way to become wealthy. Income from Asset (INA) must be increase to support income from job (INJ). A stage must come where INA > EX. This is a condition of financial independence. 

EXAMPLE 2:

INA (Income from Assets) = $2,000 / month [return on investment]
INJ (Income from Job) = $1,500 / month
FI (Money required for Financial Independence) = $2,000/ month (money invested will strengthen INA)
EX (Expenses) = $ 1,000/ month

Applying this on above formula of wealth: 

$2,000 + $1,500 > 2,000 + 1,000  Income from asset (INA) is $2,000 against expense (EX) of $1,000. It means the person is financially independent. He is already making $1,000 more from Asset income, above EX. Hence the additional $1,000 goes to fund FI. As he is already financially independent, money diverted to FI is only making the person more and more wealthy. 

INA + INJ > FI + EX 

Conclusion

In order to become wealthy one must have streams of income more than than expenses. From above formula we will notice that almost 90% of population will have INA equal to zero or amounting to negligible. To become wealthy increase the weigtage of INA. Also, most people in this world have never thought of applying Financial Independence to their expenses. In order to become wealthy channel your income to feed your “money requirement for financial independence”. There are several investment options that allows investors to feed money for their goal of Financial Independence.

Double Our Money By Investing , How?

    Double Our Money By Investing , How?

Focusing on wealth creation is more important than making money. The best investing tips we can give to our reader is to concentrate on wealth creation. If quick-money comes in easily, it goes out even quicker. Saving and investment is the foundation of all wealth creation. In order to save properly one must create a budget.

How to double our money? All investors has this notion running in their brains. Very often I find myself subconsciously dragged in the discussion of doubling money by investing. The idea of how fast we can double our money makes us even more curious. Needless to say that if we are doubling our money in 20 years its not worth.

But if we only knew how to double our money in a year, we for sure it will attract lot of attention. Whether we accept or not, but all investors desire to double our money faster. For this if we need to take more risk then we will take it. In stock market people speculate heavily with their money with objective of faster multiplication. But in this article are not going to discuss factors of speculation. We will see only those options which are pure investment option. If we can learn to double our money by investing, we will emerge as clear winners in long term. I call speculators as gamblers. They are not investors, as investors do not gamble, they take calculated risks. 

All investors shall aim to double their money by investing them wisely. This is one milestone that will keep you charged and going. Without goals, for sure, you going to end nowhere. So all investors must set a target of doubling their money by investing. Here we see how to double our money by investing.

Double our Money by Investing in Balanced Funds

Investors shall accumulate all types of productive assets. Assets we shall look for are real estate, stocks, mutual funds, ETF, Debt Linked Schemes, Gold etc. But it is not easy for common investor to be able to effectively manage so wide variety of asset types. For me the best solution will be to opt for a balanced fund. Investing in a balance fund through SIP route will give maximum benefits in long term. A balanced fund usually give an average return of 9% per annum. Which means your money gets doubles in nearly 8 years. 

Double our Money by Investing in Undervalued Stocks

There are moments in stock market where stocks market index falls very steeply. I am talking about moments like the great depression of 1927, .com debacle of 2001 and US debt crisis of 2008. At these times prices of some best quality stocks fell disastrously. These are the moments when there is maximum pessimism in the market. In these moments of mayhem everybody seems to be busy in only selling their holdings. Investors sell their stocks and keep their money parked in risk free schemes. Some may even keep hard cash in their closet. This is what is a point of Maximum Pessimism. But value investors do just the opposite of what majority does in these situations. Value investors buy more stocks in moments of maximum pessimism. In year 2009, I saw a stock which was trading at 170 levels and within a matter of one 12 months its value rose above 400 levels. It means, in less than a year, there was a possibility of doubling the money. One year back the same stock was trading at 650 levels and now at 410 levels. The point I am trying to make is that, if we concentrate on buying value stocks, doubling our money will be easy. The problem here is that such moments do not come very often and we have to wait for long period. But still this market gives lots of opportunity to those investors who tracks the stocks very intently. 

Double our Money by Investing in Stocks Like a Gambler.

Believe it or not but most of the people in stock market falls under this category. They buy stock and “hope” that its market price will appreciate in future so that they can sell their holdings for profit. Such investors never bother to know about investing basics. They simply buy stock by getting influenced by an external agency, without doing any stock evaluation themselves. This form of investing is highly unpredictable. I personally feel that potential investors should not follow this investing strategy. Trained stock market traders use “Future and Options” to add some certainty to this speculative form of investing. But I will suggest that normal investors need to first learn this trade and then venture into this form of investing. 

Double our Money by Investing in Retirement Scheme managed by Employer.

In India, it is compulsory for service class to invest in retirement schemes. It not only gives the income-tax advantage buy also develops a retirement corpus. Suppose an average person has a basic salary of Rs 10,000/month. As per rules 12% of basic salary (Rs 1200) will be deducted towards contribution to retirement plan. The same amount of money i.e. Rs 1200 per month will be contributed by your company to your retirement fund. Now this saving will also earn you post-tax return of approx 5.5% per annum. 

10 Countries With The Most Beautiful Women.

10. Philippines

Liza Soberano – The Philippines Beauty.

The Philippines people are well known for their good attitude and sweetness but there is another side to this country. It has the most wins in the “Big Four International Beauty Pageants”. See the top 10 list of most beautiful Filipina female stars.

9. Britain

Helen Flanagan – The most beautiful British woman.

British women of today are a mix of different cultures which is why they come in various skin tones and looks. They are educated, well mannered and to top it all- beautiful. Checkout the list of 10 most beautiful British women.

8. United States of America/Canada

Eugenie Bouchard – Hottest Canadian Tennis Player.

American women are fun, independent and they know how to take care of themselves. Out on the streets of Miami, NY and Los Angeles you will see many beautiful women who know how to care for themselves because of the advancements in science and technology. We will take Canadian and American women on the same level.

7. Dutch

Doutzen Kroes – The Most Beautiful Dutch Woman.

With an average height of 5’7” and blonde hair, Dutch woman deserve to be at the 7th place in the list of countries with the most beautiful women of the world. Checkout the list of Top 10 Hottest Victoria’s Secret Models.

6. Italy


Most Beautiful Italian Model Cristina Chiabotto.

When you talk about classy beauties, you talk about Italian women who are up to date in fashion, style and makeup. Mostly brown-eyed, they know how to carry themselves. See also; 10 Most Beautiful Italian Women.

5. Venezuela


Norelys Rodriguez – The Venezuelan Beauty.

Ladies from this country have the most crowns from international beauty contests and their tall, slim bodies always make it to the top contestants each year.

4. Russia


Hottest Russian Model Irina Shayk.

Have you seen the Attorney General of Russia? That should give you an idea of the beauty in the country. Russian women possess a mix of western and eastern features in the form of high cheekbones, broad and tall bodies with blonde hair. See the list of Top 10 Most Beautiful Fashion Models.

3. Ukraine

Beautiful Ukrainian Woman Ani Lorak.


While Ukraine and Russia are essentially the same, we see that women of Ukraine are prettier than those from Russia. (Our bigger vote is still for their Attorney Generalthough!) Checkout the list of world’s most beautiful women.

2. Brazil


Adriana Lima – The Most Beautiful Brazilian women.


Brazilian women are known for their interest in socialization and tradition. Knowing how to carry themselves, they play a major role in the festivals that place in the country each year. The country holds the finest women of the world. See the list of 10 Beautiful Brunettes in The World.

1. Turkey

Meryem Uzerli – The Sexiest Turkish Woman.

Turkey makes the top of our list when it comes to beautiful women and why shouldn’t it? They are photogenic with beautiful figures and carry themselves around with a grandeur that can only be linked to the kings and queens of the Turkish history. If you have a doubt, follow Turkish soaps and operas on TV!

India from space

                    This is latest pic of map of India from space !!

Snapdeal's board accepts Flipkart's up to $950 million buyout: Sources

       Snapdeal's board accepts Flipkart's up to
             $950  million buyout: Sources !!

Snapdeal has accepted Flipkart's revised takeover offer of up to $950 million, two sources said on Wednesday, providing heft to its bigger rival in a high-stakes battle with Amazon.com. 

The board of Jasper Infotech, which runs Snapdeal, approved Flipkart's bid of $900 million-$950 million last week, the sources who were familiar with the matter said. A deal is now pending the approval of Snapdeal shareholders, they said. 

Snapdeal declined to comment, while Flipkart was  .. not immediately available for comment. 

But Flipkart's leg up in this ecommerce war requires Azim Premji's blessings. According to ET Now, the merger needs Premji Invest's approval and Flipkart is yet to agree to the terms put forward by the billionaire investor. 

Premji has objected to special payments to certain shareholders including its two co-founders and two early backers, Bloomberg had said in an earlier report. 

The sticking point has been the differential payments, which are seen as an attempt to win over larger Snapdeal investors and the founders who have to agree to a vastly lowered valuation. Under the proposed terms, early investors, like Kalaari Capital and Nexus Venture Partners, would receive $60 million in addition to their new equity in Flipkart, while founders, Kunal Bahl and Rohit Bansal, would get a combined $30 million. 

India's fledgling e-commerce sector is in the midst of a fierce war for supremacy between Amazon and Flipkart at a time more and more Indians shop on the web, helped by a spurt in availability of cheap phones and data plans. 

Japan's solar-to-tech conglomerate SoftBank, Snapdeal's biggest investor, is keen to consummate the deal and take an equity stake in Flipkart to profit from India's booming online retail market. 

A 2016 report from accounting firm EY noted that e-commerce has grown at a compound annual growth rate of over 50 percent in the last five years in India and the pace of growth is expected to continue, with e-commerce sales topping $35 billion by 2020. 

Bengaluru-headquarterd Flipkart had revised its initial offer for Snapdeal to up to $950 million, Reuters reported last week 

The board also considered a $700 million share-swap offer by listed e-commerce firm Infibeam but rejected it as too low, one of the sources said. 

Infibeam declined to comment. 

Separately, Indian private-sector lender Axis Bank is the frontrunner to acquire Snapdeal's digital payments unit FreeCharge for $60 million, the sources said. 

Axis Bank did not immediately respond to a request for comment. All sources spoke on condition of anonymity as the discussion  are not Public.

RBI stops printing Rs 2000 notes, focus turns to Rs 200 notes

        RBI stops printing Rs 2000 notes ??

The Reserve Bank of India (RBI) has reportedly stopped the printing of Rs 2000 currency notes and the new Rs 200 notes are likely to be introduced next month. Mint on Wednesday reported sources as saying that printing of Rs 2000 notes was stopped around five months ago and the government is unlikely to print more Rs 2000 notes.

Officials of the central bank reportedly told the newspaper that the RBI had also accelerated the process of printing the Rs 200 currency notes. The new notes are expected to start circulating by next month.

"About 3.7 billion Rs 2,000 notes, amounting to Rs 7.4 lakh crore, have been printed; that more than compensates for the 6.3 billion Rs 1,000 notes that were withdrawn after demonetization on 8 November 2016," Livemint said, citing an RBI source.

The RBI has reportedly already started printing the first batch of Rs 200 note in June to ensure easy currency availability in the country.

In fact a report by SBI even says that the introduction of Rs 200 note will fill in the "missing middle" even as the new currency in circulation (CIC) has already reached 84 per cent of the pre-demonetisation level.

The 19 July report from SBI’s economic research wing showed that cash on hand with banks was high at 5.4 per cent of currency in circulation, compared with 3.8 per cent before demonetisation. This shows that there is excess cash lying in ATMs or bank branches, most of which could mostly be Rs 2,000 notes, according to the report.

The SBI report noted that though there had been a significant move towards reallocating the distribution of currency towards smaller denominations after demonetisation, there was a mismatch caused by the presence of Rs 2,000 denomination straight after Rs 500.

The new notes of Rs 200 should be out before the end of 2017 and would greatly help narrow the demand-supply gap in smaller-denomination currency bills, it said.

Besides, an ATM machine typically holds 10,000 bills and if these were to comprise, say, only Rs 100 notes, the number and cost of replenishment would go up significantly.

"Herein lies the paradox. Notes of Rs 2,000 denomination in ATMs may find few takers because of the missing middle/Rs 200 note," the report said.

Last week, the Economic Times had reported that eight months after demonetisation and the introduction of new currency notes, bankers felt there was now a drop in the circulation of Rs 2,000 notes. The report had added that the supply of Rs 2,000 notes from the RBI had declined recently, leading to the speculation that there might be a deliberate plan to limit the supply of these notes.

State Bank of India Chief Operating Officer Neeraj Vyas had told ET, "We are receiving currency notes from the Reserve Bank in the denomination of Rs 500 in high-value currency”, and that the Rs 2,000 notes were only coming in as a result of recirculation.

Business Standard had earlier this month reported that RBI would issue the new Rs 200 notes to tide over the shortage of low-denomeination notes, in some parts of the country.

“It will also help in bigger transactions. You can give change for Rs 2,000 in ten Rs 200 notes rather than twenty Rs 100 notes,” said an official, adding that the notes should be in circulation by the end of 2017.

Worlds Sexiest Beaches

                      Worlds Sexiest Beaches
1. Sydeny Australia

2. Barbadose

 3. Kenya

  4. Brazil

 5. Saint Vincent

 6. Thailand

 7. Mexico

Oxytocin Nassal Sapray (New Improved Harmon Re-leaser)