Personal finance is simple. However by saying ‘not complex’ i may ACTUALLY attract more viewers. That is the problem in personal finance. Most people do not show any interest at all in understanding what they have to do. People can be classified into the following categories: 1. “Subra if you tell me this will work […]
“Subra I am 38 years of age, and I wish I had come to your blog earlier – it would have changed my life”. Anon reader. I am not sure what many of these readers mean when they say that they should have come here earlier!! However let me hazard a guess. I think most […]
this is the Index of a book called : “Goal Based Investing” Where are you today? (balance sheet, net worth, working assets, and using assets) Where do you want to go (Goal setting) Resources that you have (Cash flow and amounts available for investing) Risk profiling (this is tricky. I want a person’s asset allocation […]
Most of us cannot understand using time as an important agent in creating wealth. It takes a mathematician to appreciate that. Assuming you had bought good equities or invested in growth plans of good funds for the past say 20 years you would have got fantastic returns. It does not seem the help people EVEN […]
Hi! Over the years, you have invested a lot of time and money into your academic education. You have broadened your perspective to the next rung of the ladder, and invested in your professional education as well, via job-specific training. At this level you command a higher income, and get to enjoy more of the […]
This is not an exaggeration. It is not another way of teaching you compounding. However when you read you will appreciate. Let us assume that a young person has built up a portfolio of say Rs. 300,000 in equity mutual funds and he has opted for the dividend option. Every year he gets about 15,000 […]
As long as Indians and Chinese are willing to work harder than their European and even the American counterparts….it will be cheaper to make in India and China. What is the implications for you? NOTHING. NOTHING. NOTHING. KEEP doing your SIP and let the fund manager worry about whether to buy Infosys or TCS. Let […]