I had done the following post in the 1st week of June, 2006. Except for the numbers, the story is just as fine. It originally appeared in the Personal finance section of moneycontrol.com Okay, so the market fell 1,100 points on 22 May 2006, it fell 350 points on 31 May 2006 and another 327 [...]
In a topsy-turvy world, you need to live by the new rules. So, if you have some money saved or invested and want to see it grow, well, that’s the spirit, right? Well, for many, the biggest impediment is debt. Your investment strategy may be bogged down by education loans, car loans, house mortgage, personal [...]
When it comes to buying any asset – I am using it loosely there is a tendency to borrow. Borrowing actually helps you immediately by allowing you to buy beyond your means. The problem with most things we buy is that once we buy it, it ceases to hold any attraction for us. That is [...]
In an earlier posting we saw that Goals should be SMART. T stands for tracking. If you have goals it is necessary for you to track whether you are on the correct path. If you were climbing a mountain and following a map, you would look for landmarks to ensure that you are on the [...]
This is not an article on market timing! I am still not out clearly on whether we are in a bear market, bull market, recessionary market, growing market or emerging markets! This article is about why you must invest TODAY! You must invest if you wish to have a corpus available for some life time [...]
This is a joke on financial advisors. A rich man changed his advisor and was not to happy. While at a club, his friend asked him – hey how is your new advisor. The rich man said “Oh! he is good. After shifting to him, I sleep like a baby. I cry every hour!!