Buying a duplex house; an SUV car; surplus for your kids’ education abroad; Annual international holiday; and last but not the least luxurious post-retirement life; etc. some people dream about it and some even don’t discuss it as they are sure, they will not be able to achieve it with their set income. Do you …
Dreaming with Closed Eyes & Bringing to Reality with Open Eyes Read More »
A strong myth of striking a balance between Saving and Spending for developing financial stability has been busted by failing the litmus paper test of the new era of financial markets. The term “Investing” which was majorly recognized simply as a synonym for savings now has its own identity superior to savings—investing means a long-term …
Investing needs proper planning. Whether one invests for long-term or short duration, whether one invests in physical assets or financial assets, one can’t ignore the most important tenet of Planning. So how do I plan the investments? What factors should one consider before making the first move for the investments? Is it only investible surplus …
Ideal Investment Ratio For the Investor Of Any Age Group Read More »
The entire world today goes through the volatility of adjusting economies and increasing day-to-day costs affecting every sphere of family well-being and security. Financial uncertainties arise unannounced leading to individuals and elders caring of their economic situations basis which depends upon the existence of a future safeguarded. This signifies the importance of early goal planning …
In the past two years approximately, equity fund investors have experienced a roller coaster of emotions because the equity market moved from multi-year lows in March 2020, to all-time high within the half-moon of 2021 sailing the emotions from extreme fear to euphoria. Equity market and emotions go hand in hand. However, reacting to the …
Factors to Consider When Making Investment Decisions Read More »
You are well-educated, energetic, and have the passion to achieve your dream. It is the stage where your mind and body are young to function for 24*7 hours. However, the same energy is never consistent. Time flies and you enter into the retirement phase where you need a source of passive income to survive. So, …
The three key steps for creating a perfect portfolio – asset allocation, choice of funds, and plan of action to take care of the portfolio. Here are the excerpts of the session. Asset AllocationInvestors’ timeframe determines their risk appetite and the balanced asset allocation range as well. Time Frame Equity% Debt% Gold% 0 to 12 …
How to Build a Balanced Portfolio of Mutual Funds Read More »
One doesn’t have to be an expert in economics or accounting to be good at personal finance. All that, one has to do is follow certain rules which are universal like the law of gravity. Personal finance is both a simple concept because all the math one needs to understand is covered in schooling, and …
What is Personal Financial Planning and Why is It Important? Read More »
A fee-only financial advisor provides financial planning advice or consultation services and manages your personal finance. These advisors are paid on a flat-fee basis for their service and in return, they provide you with the best financial pieces of advice that enhance your investment portfolio. They work for your profit and in return charges a …
Pirates or Thugs represents the various prejudice investors have which impacts their financial verdicts and averts them from generating wealth. Let us discuss some of the biases in detail so that any investor or future investor can be aware of such pointers and gain much. The topmost is Loss Aversion bias which is the tendency …
