The process of providing financial fitness involves four basic steps. If you have the time, objectivity, inclination (to take time off from your family to do this) and expertise in accounting (to file your tax returns), investments, taxation, insurance, and estate planning, you can do this process on your own. However, avoiding personal bias is […]
What should you do in a falling market? So, what’s a stock market investor’s best response to dropping stock prices? First, forget about rationalizing and explaining (or listening to other people explain) why stocks are falling. It’s a pointless exercise at best, and misleading at worst. Second, file the painful experience away as a […]
It is easy for the common investor to get carried away by the agent telling him about the “best performing fund”. The question to ask is “How will the fund manager maintain the same rate or a similar track”. The answer is we cannot. Check out the article on risk and performance. See the amount […]