When was the first time your child asked for his/her pocket money ? How much did you pass on to him ? In today’s world of earn-all-spend-all attitude of youngsters, the kids lay their hands on too much money too fast for them to digest. This way, saving and investing is something that a childRead More
Financial Planning
Two must haves for every investor – Life Insurance and Emergency Fund
Emergency Fund and Life Insurance are two things that every investor must always have in his financial planning exercise. We, as ordinary investors, depict different financial behavioral habits. Some investors are known to spend every dime they earn (and yeah, we can’t call them investors!); others will save a lot of their monies but won’tRead More
Three steps of Financial Planning Process
It’s only in our old Hindi movies that in 5 minutes of nail-biting-popcorn-eating-time as the credits roll, does the five-year-old kiddo transform into an angry young hulk of an actor with a lot of monies by his side, accumulated either the right way or the wrong. In reality, this happens with Financial Planning. You canRead More
The 100 minus age rule in investing
In my normal interaction with investors, I often ask them- Do you know 100 minus age rule ? My next question is: “How did you first begin to invest money into the investment avenue you chose then?” Most of the investors don’t have a clue. Their present investment option is based on events : NFOsRead More
When to Start Investing? Start Young & Invest Regularly
Wondering when to start and make your first investment? Yes…time is a crucial factor. Read on to know why it is important to start investing early. Here are the details on when to start investing? What would you think if you were fifty years of age, had a doting daughter and a SNOB son; hadRead More
What is your definition of wealth ?
How do we define wealth? If we plan to be wealthy, what is the meaning of wealth? When will we call ourselves wealthy? what is the meaning of wealthy? What is our definition of wealth? What is Wealth? Like everything in life, this question ought to have an answer – we need to know whenRead More