Owning a vehicle is no longer a ‘neighbor’s envy, owner’s pride’ thing anymore in India. It has become a basic necessity in life. However, your vehicle could meet with an accident at any point of time. To cover your risk, you need to ensure you have taken car insurance, also called auto insurance, motor insuranceRead More
Should I Invest in Index Funds ?
Mutual fund investing can be done in two ways. One is the active style of investing where a fund manager fishes for the best stocks to buy and hold and generate profits for the investors. As you can imagine, this requires expertise, time and tools all of which cost a lot of money to theRead More
Quotes from Financial Planners in India
During various workshops across the country, organized by the large hearted founder of NetworkFP.com, Sadique Neelgund, financial planners in India unleashed their best one liners. I have tried to compile the quotes from financial planners on this one page here. I am sure there is more in store out there and I have only theRead More
How Gambler’s Fallacy impact you financially
Way back in the summer of 1913, the Monte Carlo casino in Monaco saw an event that was unprecedented. Gamblers at the roulette wheel saw the ball falling in the black 26 times one after the other while they betted that it would fall in the red. Many of the gamblers lost a lot of moneyRead More
Should Investors Go for PMS?
Long term investing into equity can be done in two ways – one is via systematic investment planning of mutual funds and another is via direct trading by an individual investor. The former is a safe and boring way to invest money in the stock market while the latter involves direct involvement by the investorRead More
What are Sovereign Debt Credit Rating ?
Yesterday, India’s sovereign debt credit rating was downgraded by rating agency Standard & Poor. At the back of that, I wanted to do a basic article on what a it is, what it represents and should investors on the ground be a worried lot. Will this rating affect your financial planning and should you takeRead More