Consider this: You’re stuck in line at the bank on a Saturday morning, just wanting to deposit a check. But what if there was a better way? With a Neobank, you can ditch the branch entirely and manage your money from anywhere, anytime. No more waiting in lines, no more confusing paperwork. Just open an […] The post Neobank: The New Way to Bank in India appeared first on GETMONEYRICH ..read more

This article is for the Gold enthusiasts. Over the past year, the price of this timeless precious metal has skyrocketed by about 15.8%. Surprisingly, both gold and the stock market (Nifty 24%) have done well in this period. This rise has left many investors scratching their heads. A few people are wondering what’s fueling the […] The post Reasons For The Surge In Gold Price in Last One Year appeared first on GETMONEYRICH ..read more

Curious about building wealth but the stock market seems like a confusing maze? You’re not alone! This guide cuts through the jargon and reveals the stock market’s secrets. Discover how to become a mini-mogul, owning pieces of the companies you love (or not-so-love), and potentially watch your investments soar. Get ready to unlock the world […] The post Stock Market Basics: Your Easy Guide to Becoming an Investor appeared first on GETMONEYRICH ..read more

The post aims to highlight to its readers the basics of the stock market. For people who want to build wealth by the equity route (mutual funds, stocks), the knowledge of the rules of investing is key. Beginners who are starting in the stock market will certainly benefit from the information. For experienced investors, it […] The post Rules of Equity Investing: Explained For Beginners appeared first on GETMONEYRICH ..read more

Have you ever wondered what happens to the tax burden on wealth after someone passes away? In India, unlike many developed nations, there is currently no national inheritance tax. However, the topic has recently sparked debate, with some suggesting its reintroduction. Let’s delve into the complexities of inheritance tax in India, exploring its history, the […] The post Inheritance Tax in India – A Looming Debate appeared first on GETMONEYRICH ..read more

Kotak Mahindra Bank recently came under the scanner of the Reserve Bank of India (RBI). On April 24, 2024, the RBI took significant supervisory action against the bank due to concerns surrounding its information technology (IT) infrastructure. Let’s see the details of the RBI’s action and its potential impact on the shareholders. We’ll also look […] The post Kotak Mahindra Bank in the Spotlight: RBI Action and What It Means appeared first on GETMONEYRICH ..read more

In this article, we’ll learn the basic concept of fair value of companies. We’ll use a simple example of a bakery shop and try to estimate the fair value of its business. This article aims to help the readers get a clear visualization of the fair value estimation of stocks/businesses. After reading this article, the […] The post Fair Value Basics: Concept Explained Using Simple Example appeared first on GETMONEYRICH ..read more

Welcome to a journey of financial wisdom drawn from one of the most popular personal finance books, ‘Rich Dad Poor Dad‘. This groundbreaking book, penned by Robert Kiyosaki, has transformed the way millions across the globe perceive money and wealth creation. At its core, ‘Rich Dad Poor Dad’ lays bare two contrasting financial philosophies. The ‘poor dad’, a […] The post Rich Dad Poor Dad: Key Lessons to Build Financial Freedom appeared first on GETMONEYRICH ..read more

Buying stocks that can generate 25% CAGR returns in 20 years is not easy. Identifying such stock is a complicated activity. This is what makes buying a stock a complex business. People who have developed this skill for themselves have seen their wealth compound with time. Want to be like one? Practice Fundamental Investing – […] The post Fundamental Investing: A Guide to Long-Term Wealth Creation appeared first on GETMONEYRICH ..read more

In stock investing, long-term value investors are like wise sages. They patiently seek out hidden gems in the stock market. They’re not in it for quick gains. Instead, they believe in the power of time and value. These investors look for undervalued companies with strong fundamentals. They aim to hold onto their stock holdings for […] The post Value Investors: Their Long-Term Investment Strategy appeared first on GETMONEYRICH ..read more