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very good example shown in this article. many many thanks to mr dhiraj mittal. we have to strong conviction in equity for long time investment. thanks again
ONE MORE EXAMPLE IS NEEDED SHOWING 150000/ EVERY YEAR UNDER 80C . FOR 35 YEARS CONTIOUSLY THEN WHAT WILL BE SUM .... AFTER 35 YEARS
It is true one can invest for their future goals and partcularly when they are at age when they have no source of earning and to fulfill their requirements at that time
Well said sir.
Excellent article and i strongly believe in this Principle and advocate the same to my investors... Thinking out of the box is the need of the hour now. Indian investors does not want to change his thinking nor his attitude towards equity investing. But the time has come and if he does not do , the inflation will force him to do. Better do it by CHOICE...and not CHANCE...
completely a new, thought provoking dimension to retirement planning.
Conceptually spot on on , the percentages in equity and fixed income rightly said is the ability to stand stomach churning volatility, if income distribution is kept independent or a small fraction of the portfolio in equity is income distribution maybe or definitely then this is possible, the essence of the matter which Mittalji captures is in the word early. Tongue firmly in cheek am I glad the distributors from the North are writing these wise pieces over the heads of our Westeren counterparts !