What is being Rich and what is being Wealthy? This is a topic that I have spoken about too many times in the past….One of the steps required is to create different and various sources of income. For a beginner who is starting on a first or second job how is he/she expected to create […]
However is a good list of resolutions that you can make – it is really useful if you made it already, just reiterate it, and follow it! So here it goes 1. I will write down my financial goals – NOW, IMMEDIATELY. 2. I will convert a big portion of my savings into investments – […]
I had done this post on Moneycontrol long back… Immaterial of whether you are in your 20′s or in your 50′s and you are looking at an investment you should know some of the basics of investing, so here it is. By and large at some stage you must have been approached by some investment […]
Many of my posts are based on the Financial Planning / Mutual fund training class that I do. One question that normally people ask me about where to keep their emergency funds. I do give a variety of answers, but here is what I have done: A friend who is an investment adviser has a […]
Or is it many different worlds….I am not sure! In the world of ‘investing’ as the media uses loosely, there are many worlds. One is the speculator who has to buy and sell almost instinctively and almost instantaneously! These people do not always make profits. However given a good broker, good advice, and some leverage….these […]
What is a Systematic Investment Plan (SIP)? An SIP is simply; a method of investing a fixed sum, regularly, in a mutual fund. It is very similar to regular saving schemes like a recurring deposit. An SIP allows you to buy units on a given date each month, so you can implement an investment / […]
Most salesmen are able to sell products at prices they decide because investors do not ask them the right questions. These questions will help you keep pesky guys off: 1. Can I sell it when I want to: I love long term investing, but it also feels good to know that almost 100% of my […]