Mutual Funds are the simplest and safest way to riches for an ordinary investor. Diversification across many stocks and sectors and the expertise of a fund manager come free with mutual funds. One does not have any hassles in tracking stocks quarter after quarter; exposure to the equity market is achieved by simply investing inRead 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
Why you should avoid credit card debt
Credit card debt is a black-hole that can leave your financial planning in disarray. What is the most simplest and convenient way for the youth of today to shop ? Credit cards of course. It’s a different story that while swiping the card is a one minute job, paying off credit card debt could beRead More
Facts to consider before buying health insurance
Buying health insurance in India needs to be a careful task. There have been incidents of painful moments investors have gone through at the time of hospitalizations and claims with the insurance company refusing to reimburse the actual expenses incurred. In order to avoid hassles like these, one needs to keep in mind the followingRead More
How many shares to buy for your portfolio ?
Stock investing is a game everyone wants to play. The more time you spend on seeing where a ticker is going, the more Adrenalin rush you get. But have you analysed how much or how many shares to buy? But how many stocks should you own ? How many stocks can you follow at aRead 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