I found a 78 year old man with a very strong balance sheet, but poor P&L account! What does it mean? Well he had a lot of assets – a nice big house which he was not using much, equities, bonds, and of course cash. Life long if you (and me) are brought up saying […]
The word SWR or Standard Withdrawal Rates is not an Indian term – at least I have not seen any Indian website or magazine use it…It is a UK or US terminology…let us see what it means.. It is the amount of money that you should be able to withdraw comfortably from your Retirement corpus […]
Here is a story …said in a very spiritual context. It is just as applicable to us as ‘fund managers’, ‘relationship managers’, ‘ifas’ or…what have you. When the markets do well, we keep saying ” I got the client 43% returns” if you are such a genius why is your portfolio in the Red this […]
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 / […]