Post Office Monthly Income Scheme [PO-MIS]: Generate Fixed Income

In India we have an investment option called “Post Office Monthly Income Scheme (MIS)”. Among other investment options, PO-MIS can also be considered suitable for investment by retired people. But PO-MIS is not limited for retired people alone. Anyone with age above 18 years can open a PO-MIS account. An account can be open even…

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Robert Kiyosaki and Investment Income

According to Robert Kiyosaki, not anyone can generate investment income. One must first build mindset of an investor to start generating investment income Investment income generation starts with saving money. Saving money is as difficult as investing money. It takes maturity and perseverance to accumulate savings. People are psychologically drawn in the habit of needless spending….