SIP Calculator

SIP Calculator from Finomagic.com

Basic Queries of investors: What is Systematic Investment Plan (SIP)? I am sure you must have heard the word “SIP” either from your colleague or financial planner or investment adviser or friends or family. But what does SIP mean? SIP is the short form of a Systematic Investment Plan. Don’t confuse it with the word plan as it is not the investment plan. SIP is just one of the modes of investment in the stock market. There are two ways of investing in the stock market -one is through lump sum mode and another one is through SIP mode. In …

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Beginners Guide to become Financially Independent?

Guide to Financial Freedom

Do you want to become financially independent then you are in the right place. In this blog, I am going to share the 6 Step approach to become financially independent. What is financial independence? The question is very subjective as everybody has its own understanding and meaning of Financial Independence or Financial Freedom. Can you tell me what financial freedom means to you? Well, the answer lies in what we want to achieve in our life.  It could be earning 1 or 2 or 5 crores or any sum of rupees or paying off all your debts or having your …

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