Poddar Investors

An eight-year-old girl heard her parents talking about her little brother. All she knew was that he was very sick and they had no money left. They were moving to a smaller house because they could not afford to stay in the present house after paying the doctor's bills. Only a very costly surgery could save him now and there was no one to loan them the money. When she heard her daddy say to her tearful mother with whispered desperation, 'Only a miracle can save him now', the little girl went to her bedroom and pulled her piggy bank from its hiding place in the closet. She poured all the change out on the floor and counted it carefully. Clutching the precious piggy bank tightly, she slipped out the back door and made her way six blocks to the local drugstore. She took a quarter from her bank and placed it on the glass counter. "And what do you want?" asked the pharmacist. "It's for my little brother," the girl answered back. "He's real...

The rich invest their money and spend what is left. Their investment is focusing on the long-term acquisition assets such as stocks, bonds, business and real estate and what that asset will earn. The rich know exactly how they need to think in order to earn money. They always think (dream big) and act from the view of playing the game to win. They make sound investment decisions which are always based on their financial goals rather than market movements, controls their thoughts and emotions every day. They spend money on education seminar, books, newspapers and learn. By increasing their knowledge, they are able to see more opportunities, which translate into more money. The poor spend their money on luxury items such as car, watches, electronic gadgets, jewellery, etc. and invest what is left. They spend more time and effort to buy the right luxury items than to buy the right financial products. They seek the advice of financially struggling friends or relatives and blindly i...

An inspirational story. Long back, when the inventor of the chess showed the game to an Indian king, the king was so impressed by the new game, that he wanted to reward the inventor. At that time, the inventor replied, “My wishes are simple. I only wish for one grain of rice for the first square of the chessboard, two grains for the second square, four grains for the third square, eight for the fourth square and so on for all 64 squares.” The inventor said, “Please double the number of grains in the next square compared to the earlier square.” The king was amazed to hear that the investor had asked for such a small reward. He happily agreed to the inventor’s request. However after a week, the king’s treasurer informed him that the reward would add up to a huge number—far greater than all the rice that could possibly be produced in many centuries! Do you know how much rice it would be when one reaches 64th square of the chessboard? As said earlier, in the first square of ...

The early bird does get the worm. The next one however, has to search for food. When you look into our busy lives, many of us live with the misconception that ‘Since I don’t earn enough, I don’t really have much to invest! Plus, who’s in a hurry?’ This ‘so called’ belief leads to one thing that we don’t pay attention to. Taking action early on that is. Yes! We all have dreams that we hope to fulfil but the fact remains that whether it is about providing the best education for your child or leading a good retired life, we simply don’t do enough to realise these dreams. But seriously? Who has the time? Wouldn’t it be easier if someone guided you to make informed decisions? Here’s where Systematic Investment Planning (SIP) comes into the picture. How would my SIP work? It’s an effective way to accumulate wealth in an organised manner through regular investments in mutual funds. Even if you aren’t raking in the moolah, it doesn’t really matter, because you can ...

“Just because you’re old doesn’t mean you can’t get up and do something different.” After decades of walking up to the alarm, shifting through heaps of paperwork and navigating rush hour traffic, you can see the bright lights of retirement at the end of the tunnel. However, just spotting the light is not enough, you need to work towards those golden moments. The time to hang up your boots is just around the corner but that doesn’t mean you need to slow down or let go of the things you like. If you can iron out the knots in time for your retirement, then your golden years can be truly golden. Here are 4 things you can do for a good retirement: 1. Visualise your last day at office Retirement is an emotional event. The transition from working to retired is a sentimental feeling and it is essential to visualise what you would like to do after you retire. Whether you want to travel with your family or sit in the park and gossip with your buddies, it all depends on what you do...