Let's Talk Money: You've Worked Hard for It, Now Make It Work for You

by Monika Halan

Moving money from Invest-it to Spend-it is not allowed in my book.

The day you realize that it is in your best interest to separate your investment and insurance products, is the day you move solidly towards building your financial security. Else

The purpose of this book is to migrate you from low-return, clunky products into financial products that look after the needs of a very different Indian citizen than of the 1970s angry young man.

when investing in the stock market, give it the same patience you give real estate – a good equity portfolio needs five years of patience, ten years to see consistent returns, but actually will slow-cook over fifteen to twenty years.

The thumb rule for equity is 100 minus your age.