Given the rate of return of gold in the last few years, do you think the gold allocation in your portfolio needs to increase ? Does your financial planning philosophy say that the maximum gold which should be present in your diversified portfolio should be 5% to 10% and the rest should be other assetRead More
Financial Planning
5 Random Golden Rules to Become Rich
Everyone would like to become rich. But how do we get there ? Does equity investing make you rich ? Or is it the tortoise like slow and steady systematic investment planning route of mutual funds that gets you the riches. Golden rules to becoming rich are far and varied. If you master some ofRead More
15 Rules of Common Sense Investing
Investing your money and growing rich requires as much common sense investing as knowledge about the various investment classes, how they work and how to best invest in them. Sensible investing can be done by anyone who knows the rules of the game and is aware of the following simple principles which need to be applied toRead More
What to do With Your First Paycheck
Do you know what to do with your first paycheck? Did you blow it all away or did you save it for later? Did you blow away all of it later? What you do with your first paycheck marks what probably you will do with your later ones as well. Here are some practical suggestionsRead More
How to Talk About Money With Your Spouse
Do you know how to talk about money with your spouse ? Money is one of the reasons couples fight often. Yet it remains one of the least discussed points between couples. It is common knowledge that something that you don’t discuss with your better half will lead to confusion and misunderstanding. Given that, eachRead More
Questions – When Hiring a Financial Planner
A lot of you might have made an attempt to hire a financial consultant to do your financial planning. Today, you have relationship managers, wealth managers, insurance agents and mutual fund sellers calling themselves financial planners. All of them offer you some kind of solution for the financial goals you have in life. How doRead More