A motivational Story of Systematic Investments in Equities and compounding Longterm Wealth Creation


Two Frogs
Two frogs accidentally fell into a bucket of milk when they were looking for some food.
One of the frogs was fat. The other one skinny.
The walls of the bucket were slippery, and try hard as they might, they just couldn’t climb out of the bucket.
Even as the thin frog kept swimming, kicking its legs trying to get out, his fat friend pointed to the futility of it all and said we are going to drown.
Keep swimming, said the skinny frog. Maybe someone will get us out.
The fat frog said that’s nearly impossible. No point trying. He soon got exhausted, stopped swimming and drowned.
Meanwhile, the skinny frog kept the faith, kept paddling, hoping for a miracle. And soon he felt something solid under his feet.
All that swimming and kicking had turned the milk into butter.
And gradually the frog was able to climb on top of the butter and jump out of the bucket.
“Milk” turning into “butter” was was exactly like the power of compounding which one sees in “investing” where a sustained effort of systematic investing leads to wealth creation that provides a base to jump out of poverty and pain.
The idea is to “never give up” and “keep going” because knowledge, hope, conviction, patience and SIP are the ingredients that create wealth.
As you can see none of the ingredients mentioned requires one to be wealthy to make wealth.
The Indian economy provides every Indian citizen a great opportunity of creating wealth. There are very few countries today with this potential and over a period of a decade or two even the India advantage will start waning.
Make wealth for yourself when the sun is still shinning over this land of young consumers; a land of opportunities.
ʙᴇʟᴏᴡ ᴍᴇssᴀɢᴇ ᴛᴏ ʏᴏᴜʀ sʀ ᴄɪᴛɪᴢᴇɴ ᴘᴀʀᴇɴᴛs ᴏʀ ʏᴏᴜ ᴄᴀɴ ᴘʟᴀɴ ғᴏʀ ᴜʀ ᴘᴀʀᴇɴᴛs.. 
Generally,Tax planning is something last hrs work just before due date(procrastination).
*In the next Assessment Year*
*2019-2020(FY 2018-2019),the*
*following are the Income Tax*
*benefits for the Senior Citizens*
*1.Minimum Taxable limit 3 lakhs*
*for Senior Citizens*
*2 No advance tax need to be*
*paid for the Senior Citizens*
*3.Standard Deductions to the*
*salaried class employees is*
*allowed for Rs.40000/- under*
*Chapter VI A*
*4.No Income Tax for the interest*
*earned in the Term Deposit upto*
*to Rs.50000/- for the Senior*
*Citizens under Sec 80 TTB*
*5. The TDS limit for interest*
*is the raised to Rs.50000/-from*
*Rs.10000/-for the Senior Citizen*
*under Sec 194 A*
*6. Deduction under Sec 80 D for*
*Medical Insurance is raised to Rs*
*50000/- for Senior Citizens*
*7. Medical expenditure for critical*
*illness is raised to Rs.60000 for*
*Senior Citizen under Sec 80DDB*
*8.Tax deduction for the interest*
*on S.B account interest is raised*
*to Rs.50000/- from Rs 10000/-*
*for Senior Citizens*
*Please keep in your mind the*
*above Income Tax concessions*
*while filing Income tax returns in*
*the next Financial Year *

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