My Grandfather was Assistant Collector in Gujarat. He had immense knowledge about history , Investment , Culture, Etc..He Was moving Encyclopedia..My Dad still tells me that you have missed lots of knowledge you could have received from him and you will never find it anywhere.
So Request the young generation to always have Contact with your grandparents because what they know by their experience & knowledge you will never get it on Google.
This was taught by my Grandfather to My dad. Hence I call it Grandfather's Way Of Investment.
How To Invest Money According to My Grandfather:
1)Firstly Divide your Income Into 5 parts.
2)For Salaried People:
1- you Save(you might need in Emergency)
2- you invest in Gold or Silver or in any Moveable Property which has appreciation.
3- invest in immovable Property or save for it
4- Household Expenses
5- Miscellaneous Expenses such as having food in Resturant, travelling, Etc.
2)For Salaried People:
1- you Save(you might need in Emergency)
2- you invest in Gold or Silver or in any Moveable Property which has appreciation.
3- invest in immovable Property or save for it
4- Household Expenses
5- Miscellaneous Expenses such as having food in Resturant, travelling, Etc.
3)For Bussiness People:
You Need to divide into 6 parts: (This Must be done after deducting your expenses in Bussiness like staff Salary for example)
1-Investment for your Business.(this is most important)
2- you Save (you might need in Emergency)
3- you invest in Gold or Silver or in any Moveable Property which has appreciation.
4- invest in immovable Property or save for it
5- Household Expenses
6- Miscellaneous Expenses such as having food in Resturant, travelling, Etc.
There are various ways of Investment these days but people like me who does not understand much about investment can do it in above mentioned simple ways.
Dr. Rajeshwari Doshi
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