A peer friend of mine had written an article sometime back on why a chartered accountant cannot be a financial planner. The truth hit me home hard when a prospective client came in through my door with a question – “I cannot pay the premiums of my insurance policies”. I dug into the case andRead More
Personal Finance Rules of Thumb [infographics]
While I am not a fan of rules of thumb and usually take a clinical approach to zero down on requirements like retirement wants, how much insurance you need or how much you need to invest in equity, not all the readers here can do the number crunching. For investors such as these, it makesRead More
Does buying and selling houses for profit make sense for ordinary investors ?
A dear friend of mine was of recent telling me about how he is into buying and selling houses for profit. He reasoned that since 2008, the equity market has not returned any decent sum of money for him and so he was better off parking the money in a place which could earn himRead More
What are the Passive Income ideas in India ?
Passive income ideas in India are not a rage unlike the western countries. In the West, you have individuals doing more chores to accumulate that extra buck each month. Passive income is income that gets generated when you don’t have to work for it regularly. Imagine for a moment, how nice it would be toRead More
Old wine, new bottle – why life insurance is not an investment !
I know this is a very abused topic in the personal finance world but the way it keeps coming up alarmingly everyday made me revisit it. Most of my clients have truck loads of life insurance policies that was sold to them without their knowledge or understanding not to mention that most of these policiesRead More
HDFC Balanced mutual fund [infographic]
OK, HDFC Balanced Mutual Fund needs no introduction. But I guess it will be a shame if we don’t cover this here. This is a hybrid fund with around 15% returns over the last 12 years, as of writing. With around 20% in debt and 10% in cash and the rest in equity, HDFC BalancedRead More