Expressions - Bhagwad Jal Park
My thoughts, haikus and freelance musings
My personal financial matters. I love saving for retirement and so most of my posts will be regarding these matters :)
Jack or John Bogle, who is the inspiration for the term “Bogleheads”, pioneered the use of index funds. A lot of people who follow his sayings, though, tend to be unaware, or ignore, or have forgotten his opinions on dividends. His opinion was that dividends are not irrelevant. Here are the quotes I was able … Read more
Update: On the 28th of April 2024, Google decided to finally pay a dividend. It’s no longer an NFT. So when reading “Google” below, replace it in your mind with a generic “non-dividend paying stock” Dividends are not irrelevant. They are the REASON for a stock’s existence. Those who insist on the irrelevance of dividends, … Read more
On September 18th, 2023, my wife and I bought our first (and only) house all in cash in downtown Toronto at the best condominium in the city. We rented and invested our money for 19 years in the stock market, and today, after pulling out our investments at the age of 40 and 41 respectively, … Read more
Fractional reserve lending and the creation of money by banks is a bedrock of modern economic activity. However, despite its benefits, it’s fundamentally disrespectful and an affront to our sensibilities because it goes against what we’re all taught from a young age – that money is valuable and must be cherished and worked for. People … Read more
A full breakdown of my net worth which has finally crossed Rs. 50 Lakh. I think I can finally start looking forward to my retirement!
I have to pay 30% tax nf my future income for the year in September. How am I supposed to foresee my income before I’ve earned it? Use a crystal ball?
I’m set for retirement at 55. But I’m only 30. Good grief I have to work for 25 years more! Impossible. How am I going to manage it?
Year four of my retirement planning sees my goals fulfilled :). So I just doubled them. This is the second time I’m increasing my targets.
How I can use my retirement savings after I die to give humanity the money it needs in the future to get off our planet Earth when the time comes
Snapshot of my finances and how they contribute to my retirement goals. The new DTC may have some impact with the removal of ELSS schemes, but not much I think.