The festival of Dussehra means the win of Good over evil…and if we take the current context the real evil we all need to guard against is Dusmukhi Inflation. Is there a modern day tool to kill this demon?
In 1940 – Rs. 10, 1960 – 100, 1980 – 1000, 2000-10000 and in 2020 we all will need Rs.1,00,000 on an average as our household expenses…The issue is are we prepared for 2040?
One of major worries for all of us, is India does not have any social security system for majority of people who retire…
Are we prepared to kill this demon?
Yes, the modern day armoury to kill this inflation is SIP or Systematic Investment Plans offered by Mutual Funds… So whether you want to plan for your children’s education or retirement or buying your Dream Car….SIP can surely a potent tool.
This Week’s Fisdom:
On this auspicious day of Dussehra, let us all shoot the arrow to kill the demon of inflation….so that we retire and Celebrate Abundance of joy and happiness!!
This is a small effort from Team Arthashastra for investor education and we strongly believe, Together We Can, & We Will make a Difference.