Have you ever asked yourself the question why you should invest in stocks and equity diversified mutual funds ? The reason people invest in stocks is because they think it will make them rich quickly. This sentence is correct but till the last one word. Drop the word “quickly” and replace that with “over aRead More
Financial Planning
Investment Avenues for Indian Investors
In our article today, I will try to list the different types of investment avenues available in India where investors can put in their money. The figure shown below is pretty self-explanatory. However, I will quickly explain the specifics. Indians can invest broadly into five categories of investments – Equity, Debt, Real Estate, Commodities andRead More
6 ways to teach your child about money management
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
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