Archive for the 'Goal Setting' Category

A book on GOAL BASED INVESTING with calculators

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 […]

Goal or Liability? SIP or EMI?

Many people with reasonably well off parents and double incomes (however shaky one’s job is) think of themselves as rich. Well if not rich, upper middle class, but make rich choices. At times this can be funny, if it were not so serious. This actually comes from not understanding future uncertainties, return on investments, inflation, […]

Goal based Investing: Mistakes which hurt your goal….

Over the past 20 years I have dealt with the financial markets. Here I have obviously met all kinds of people – brokers, bankers, owners of brokerage houses, life insurance salesmen, relationship managers, and of course the guy who pays all the bills – the “investor”. Here is a summary of mistakes I have seen […]

Goal oriented or Process oriented?

How many financial planners / bloggers / management gurus have told you that you should be Goal Oriented? A few thousand I presume? Well it was not very useful, correct? Let me give you an example from Running -as a sport. You could be running a Half Marathon in say 2.07 hours, and now you […]

Financial Goals: Problems!

Many people do not have their OWN financial goals, so a cut n paste job has to be done. Which means you will HAVE to take the society’s goals and cut paste on YOUR life. So let us take the GOALS that SOCIETY wants a BOY to have (sorry for the girl the goals are […]

Resolutions: with a little compromise!

We have already reached that time of the year when we start building our own excuses for not being able to meet our JAN 1ST resolutions…so here are some steps which are a little compromise on the resolutions… 1. Know what are your Goals: I thought about this a million times, but hey there are […]

Why resolutions do not work!

  Ok having given such a negative spin to resolutions, I need to tell you HOW it works, right? Well a resolution does not work unless it is a resolution helping you towards a goal. So much before the resolution is made, a goal has to be created. Clearly goal setting sounds simple -but is […]