Investing for retirement (which is called investing in the accumulation phase) and Investing during retirement (many of us will be investing even after we retire) can be as different as chalk and cheese. At the first stage we are looking for growth and safety. In the second stage we will be looking for liquidity, current […]
If you Google for Stuart Kahan or senior citizens (Elders as the Americans call them) you are likely to find the report of Broken trust. Here is a short summary…for the full report go and search in Google! Elder financial abuse costs older Americans more than $2.6 billion per year and is most often perpetrated […]
Investors, students, relationship managers shattered and beaten by the fall in the equity markets world wide are asking: “When will we touch 21000 on the Sensex again?” The other favorite question is “When will the bear market end?” My answer: I don’t know. This is met with sarcasm “Actually you know, but will give us […]
This article appears in its original form in Financial planning magazine…It is an American magazine and the survey and findings are about America. Indian facts may not be very different… Americans say that despite daunting circumstances, they have developed a more practical attitude toward money and retirement since last year, according to a study. In […]
When your agent says something you tend to believe it or completely not believe it. This is conditioning – depending on your relationship! Deepa Venkatraghvan has recently published a book titled “What your financial agent will tell you…and why you shouldn’t listen”. Here is a small summary of the book. Ever since Dale Carnegie wrote […]
Making a will is simple? Making a `Will` seems to be a simple job; just download a Will, fill in the details and your Will is ready. Or so you think. What can go wrong? Scenario 1: One child depriving the other children of their rightful share: Especially if the other children did not know […]
The process of providing financial fitness involves four basic steps. If you have the time, objectivity, inclination and expertise in accounting, investments, taxation, insurance, and estate planning, you can do this process on your own. Avoiding personal bias is difficult. Most people find it helpful to seek the aid of various professionals to derive the […]