Why should I invest in mutual funds? Why cannot I invest in equities directly? These questions have been asked so many times that I decided to do a post. 1. Let me clarify that mutual funds NEED NOT MEAN equity mutual funds, it can include from liquid funds to Gilt funds, and in equities concentrated […]
What is a valentine post doing in a financial blog? Well , well, I should have said: Will you be my financial valentine? In this era of boys and girls earning equal amounts, both of them have equal responsibility in managing the money too. Obviously nothing in our education system teaches them this basic skill…and […]
Every person carries some financial worries or burdens, here is a list of such worries that I notice: 1. My husband handles all the money and I do not know what is happening: very common among women who want to participate in the action. Sensible too, but does not always happen. Sigh. 2. My wife […]
It is Feb and you are already lax about your health and wealth goals, right? It happens. How do you make the resolutions work day after day, month after month….? It is not easy, but let us try the following steps: 1. Stop criticising yourself, but do not get too complacent. 2. Tell yourself it […]
this is a forward that I got….I have added a few Ramayan characters…the forward had only Mahabharata characters…. Dronacharya: The Mentor. The employee who doesn’t like working himself but is always ready to guide and train new joiners. Bhishma: The Loyal. The employee in a relatively senior position who happily assists the boss in spite […]
You hear many people tell you that when you are young you can take more risk. Let me explain this better. When you are young (say 22-35 years of age) you start investing small amounts in equity mutual funds. Let us say you started doing a SIP when you were 24 years of age with […]
An American website says that the average cost of a wedding has gone up to $ 30,000. Now if you adjust this for purchasing power this is about Rs. 10L (say). Indian marriages cost much, much more than that. More like Rs. 20 lakhs for a decent wedding to about Rs. 1 crore for a […]