Dinesh Kewalramani
Bio
“The secret to wealth is simple: Find a way to do more for others than anyone else does. Become more valuable. Do more. Give more. Be more. Serve more.”
Stories (52/0)
Stay Broke Not Poor
Stay broke! You heard me, stay broke but not poor. What is the difference? Broke is a temporary situation. Broke people have money they just misuse it. Poor is being destitute or lacking sufficient resources. I got this from Grant Cardone's, The Millionaire Booklet. It also aligns with Dave Ramsey's concept of naming every dollar.
By Dinesh Kewalramaniabout a year ago in Trader
Trading Or Investing - Which Is Suitable For You?
First, let us understand what is the difference between trading and investing? Both terms seem similar, as both are aimed towards generating profits. However, these are two very different methods in generating profits in the financial market.
By Dinesh Kewalramaniabout a year ago in Education
Tips For Living Life On Your Own Terms After Retirement
"Retired in peace" is often a word that is heard multiple times, but seldom has become true in reality. Inflation is an unavoidable factor that slaps financial difficulties hard on your face in case you ignore the changing trend of economy.
By Dinesh Kewalramaniabout a year ago in Education
Focus Is What Creates Wealth
A few months ago, I wrote about the two driving forces in every decision we make. Each decision you make is based on your attempt to avoid pain or pursue pleasure. In many areas of our lives, pain seems more intense and therefore, most of us base our decisions trying to avoid pain. Take someone who is out of shape for example. Are they out of shape because they do not possess the knowledge to get in shape? No, we know what it takes to be in shape, but we also know it's hard, it takes work and commitment. For some, the idea of not eating what they want and working out is more painful than the pleasure of being in shape. Being in financial shape is not different. We know that we need to budget our personal finances and we need to earn more than we spend to be in good financial health, but some people associate too much pain with not spending, so they spend. Each person has their own associations with pain and pleasure. In the article I wrote a few months ago, I focused on the benefits of pain and how it is necessary to reach your goals and how we should not avoid it. Success does not come easy and pain is part of that journey.
By Dinesh Kewalramaniabout a year ago in Education
How to Become Rich While You Are Still Young
I would like to edit the topic question: How can I get rich on my own while I am still young? One can get rich through inheritance as well. Therefore, I'm not considering inherited wealth. How do you create wealth on your own? It's not easy. You will have to work really hard. If luck favors, you will be rich sooner. Luck, I mean favorable conditions.
By Dinesh Kewalramaniabout a year ago in Education
Why There Will Never Be Another Bitcoin
Well, it's been a crazy 10 years for Bitcoin. Actually it's over 10 years since Bitcoin was first created by Satoshi Nakamoto. Whoever, he, she or they were, they've had a profound effect on the world. They no doubt predicted that which is why they chose to disappear from the limelight.
By Dinesh Kewalramaniabout a year ago in Education
Run The Winners And Cut The Losers Like Smart Traders
Letting your winning trades run and cut your trading losses is a trading rule that we've all heard. The idea is to let the trades that are in profit continue to run in order to make as much as the market is willing to give.
By Dinesh Kewalramaniabout a year ago in Education
Discover The Secrets To Financial Freedom
There are a measure of wealth rules that must be abided by in order to accomplish financial, freedom, success and prosperity. For instance, rich individuals understand that they have to get paid based upon their final result instead of on their time, they understand the importance of holding unlimited revenue potential, and they know that they must leverage themselves so that they don't need to work hard in order to bring in monumental sums of money. They also realize that they must create assets and opportunity as it's not always about buying those things.
By Dinesh Kewalramaniabout a year ago in Education
Major Causes of Financial Problems
8 Causes of financial failure Struggling financially? A lot of people are even though they give everyone the impression that they have it all made. They are working, live in a nice house and drive a nice car, but are living from payday to payday. Here are 8 major causes of poverty in the first world.
By Dinesh Kewalramaniabout a year ago in Education
How to Create a Passive Income Today That Provides Incredible Financial Freedom For Tomorrow
When you consider the words "passive income", what do you imagine. Do you imagine a life without the stress and hassles of a full-time job? do you imagine a life without budgeting for items such as groceries, fuel, entertainment, travel, etc? Do you imagine a life without worrying about how financial obligations will be met now and in the future? Everyone's image of passive income is unique.
By Dinesh Kewalramaniabout a year ago in Education
What Is a "Blood in the Streets" Moment?
The quote "buy when there is blood in the streets" was coined by Baron Rothschild from the 18th century after the panic that ensued after the Battle of Waterloo against Napoleon. At that time, there was literally blood in the streets in the aftermath of a war. In present time, this expression can be interpreted as "buy when there is the most pessimism". Why is this important? This moment is when prices are at their absolute lowest. Risk is at its lowest and reward is at its highest, since prices will likely move up the farthest from the lowest point.
By Dinesh Kewalramaniabout a year ago in Education