Hi folks!!! 

Welcome to my blog: Jus’Invest

This blog is and will be very different from any other financial blog. Before seeing what you can expect here, let me introduce you to what you will not find here:
   1. This blog will NOT recommend any share broker / Bank / intermediary for you
   2. This blog will NOT recommend any specific share to buy or sell or hold
   3. This blog will NOT recommend any sector / industry shares to buy

These are decisions you have to take independently.

Target group for this blog will be anyone between 20 to 40 years, though others also will no doubt find value.

For ease of navigation, the blog is divided into different modules. (Reminding you of your college days? No, not that boring you can count)

MODULE 1

Do we really need to invest?

As we grow in age and responsibilities fall on us, the soundest person is the one who is financially strong. Investing right from early years is the best way to grow wealth. Yes, immediately you start earning, the excitement is great and you want to spend – in maximum cases I have seen, the guy buys a stylish two-wheeler. Good. May be a zappy watch, a latest mobile (the latest becomes old model within a month is a hard fact). Once the initial excitement wards off, unless your salary is wisely invested, you are making a financial mistake.

IDLE MONEY:

Idle mind is a devil’s workshop: Idle money is your Bankers wish list

Being an ex-banker, I have seen people having huge amounts kept idle in Savings Bank accounts. In those days, we used to monitor such accounts and advise them to place the money in Fixed Deposit. (Fixed deposit earns higher interest) Those were the days when a customer was identified by his name and flesh and blood. Now, a customer is nothing more than a mere number. And hence bankers do not give advice.

Banks earn their profit how? They collect deposits from you and me at lower rate of interest and lend to businesses at a higher rate. The difference of interest is their profit. Savings Bank accounts always earn lower interest for you. So more money you keep in Savings Bank, the higher profits the bank makes. Hence, keep the barest minimum amount in Savings Bank account. You do this and you have already become slightly financially wiser :)