Goal Setting is deciding the end-point of your planning exercise – determining where you want to go. The more tangible your goals, the easier it is to plan for their realization. Begin by listing both your short and long term financial goals. Short-term goals are things you want within the next five years – a [...]
Well, if you were in the US and I were a Pres candidate…i would have been forced to ask you this question. Well politics aside, this is a question that you should keep asking yourself EVERY year. In case of your personal life, hobbies, work, relationships, etc. you need to frame your own questions.I do [...]
Here I am putting in some of my own effort, and some copied from the masters. Remember there are some very holy but useless sounding right advice. If you do not know how to do, LEARN them if you wish to be a good investor: A. Know yourself before starting to invest: 1. What kind [...]
Every cheque that you write is either an expense, savings or investments. Sadly not everybody knows the difference between the three. In fact todays plan includes telling you that there are 2 types of investment too! OOPS, right? Ok..when you go to a hotel and pay for the food, it is an expense. This [...]
Ok if you are reading this, it means you are young! Not sure how young, but let me assume that you are really young. It means you are still wondering who will pay for your higher education. You have just graduated and are wondering whether your parents can / should pay for your higher education. [...]
a hypothetical letter to my hypothetical client. Any similarity to something like this already written by somebody is a sheer accident. Hello Mr. Client, Sebi has vide its circular said I have to tell you all the earnings that I have from your account. I wish they had said that mutual fund houses should [...]