Posts tagged with "emi"
- Oct 19, 2024
How Good Are Chit Funds?
I have never understood chit funds. I still don’t. But I have heard great things about the returns on them, so thought I should learn about them from a friend who knows a great deal about chit funds. So thanks to him, I have some data that I collected and decided to check if they are a good investment. Remember that I only have very cursory information and you should not take my advice without doing your own research. I am presenting all the data as I received from my friend and as such I don’t really know any chit funds which offer similar schemes. I do not have any investments in chits, nor will I invest in them in the foreseeable future. But things can always change and if I do invest in them, you will know about it from my blog.
...continue reading - Nov 13, 2020
Is It Better To Buy Or Rent A House?
There are already tons of articles about which is better -- buy or rent. In this post I will give my perspective on this subject. The topic is about buying a house to live in as compared to renting a house. If you are looking to compare investing in real estate vs equity investment, you might want to read my other article. The problem with making this kind of comparison is that it depends on a lot of factors. Lets take an example to help understand.
...continue reading - Sep 7, 2018
Borrow From Future or Gift Yourself in Future?
Would you borrow a gift from the future or would you rather save up for a surprise gift in the future? That is how taking a loan vs saving works. If you take a loan, then you are borrowing money from your future. If you are saving, you will gift yourself a surprise in the future. Make your choice. In this post, I want to elaborate a bit more on step 2 of How to Retire Early in 5 Steps – Rid Yourself of Debt and Save Aggressively.
...continue reading
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