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Showing posts from July, 2010

How to become a Crorepati in a few short steps !

Very gleefully my client, a salaried individual said , 'I want to have a net worth of 50 crores in the next ten years , that's why I am here to see you '. I couldn't help think that he was in the wrong place , cause what he needed was to consult a magician who could take those crores out of his hat or something like that . My optimist client was sobered and his expectation of wealth ( thankfully ) toned down after I told him what he will need to save to achieve his goal . Creating wealth is both easy and difficult . Easy because we have many investment options, experts who can guide you and technology that makes money management simple . Yet it is the very same reasons that make investing tough . Today there are a slew of product offerings from insurance , mutual fund and other financial services companies to choose from . There are all kinds of advisers vying with each other for your mind space and technology is adding to information clutter like never before . Step On