If you have a financial planner / IFA helping you with your investments..you are in the right place. Here are the few things that an IFA does – and the most complex comes last. So this list is long and the basics appear first Choosing funds and helping you with the investing process. Portfolio rebalancing […]
Asset allocation is the most important decision in your portfolio management. It is almost impossible to get what is called an ‘optimal rebalancing’. And if you have a fairly sophisticated portfolio, 2-3 items of 7-8 HAVE TO BE IN THE NEGATIVE. If that is not happening, you are not diversified enough. Rebalancing too often increases […]
What is a tiger saving article doing on a finance blog? Well we will talk about money only if we live. To live we need water. Water is preserved by our trees and trees make the forest. Well the forest runs deep and to make sure that man does not destroy the forests, the FORESTS […]
For those of us who have read ‘Being Mortal’ it has been a good read if not a great read. It is so easy to nod with what he has written. New medicines have not improved lives, they have PROLONGED lives. I seriously am ready to go TODAY. I am not willing to be admitted […]
A few days ago I did a post saying what IFA cannot be taught…and they must learn…here are a few more… Remember that your clients are your own portfolio, AND YOU HAVE CHOSEN THEM. You should select them carefully and keep them till both of you have a mutual need to fulfill. If a client […]
many people have bought my book ‘Retire Rich: Invest Rs. 40 a day’ – I still hold that 40 is not a bad place to start..just do a 10% top up every year for 10 years…that is all… many people have read….many people have reviewed…and many people have executed the plans…here are some book reviews […]
Most of the investing risk comes from the amazingly wrong, stupid, egoistic assumptions that we make. Of course when a person makes these assumptions the IFA/Client does not know that the assumptions are wrong. Let me list a few of the thousands of assumptions that we make: Equity markets are OBLIGED to give me 12% […]