Data suggests that over 50% of HNIs are unable to remain invested for even two years. This factoid made me think about something I wrote a few months back on Do Nothing Investing. I remembered a couple of our client stories – build on this philosophy, or they never bother to change the allocation. Do […]
How much wealth you should leave for your children? And Why?
On the occasion of Women’s Day, we wondered, how do the women at Gaining Ground feel about money? Here’s what we discovered. Kshitija Shete – Co-founder, Gaining Ground ‘Money doesn’t grow on trees. ‘Money has to be in circulation for it to grow more.” As an only daughter of a businessman, I grew up with […]
2021 was the year of recoveries for economies, companies, and people. Next year promises more along the same lines. What are the top stories that spring to mind? The healthy pace of vaccinations is welcome. Interest rates continue to be low, Sensex, in 2021, moved up 19%. Diversified equity funds across categories did well. Debt Funds continued to
I like to think of investments as saplings planted to bear fruit years later. It is a simple and accurate analogy for the investment journey I preach and practice. This client story that I’m about to introduce embodies the collaborative and nurturing approach to the investment journey and destination we strive to bring to our […]
Mutual funds are a simple, systematic, proven way to create wealth. Investing, tracking and garnering returns are most accessible in Mutual funds. Mutual funds are an efficient, regulated system of wealth creation. A mutual fund is a vehicle to invest in. Your money is managed by professionals called Fund Managers. The following image shows the […]
‘Whatever is easy is difficult to do.’ Investing money regularly is one such ‘easy’ thing that’s difficult to do. But if done diligently, it makes creating wealth easy. And the case of Mr S, outlined below, is proof of that. One day, our office had an unexpected visitor. Let’s call him Mr S. He told […]
To begin with, here is a summary of this book in a sentence: Ten tales, in the form of inspiring parables for the modern man, set in the ancient civilisation of Babylon, the historical cradle of finance. The truth is always in front of us in plain sight; we choose to avoid it. We all […]
Way back in primary school is when I first came upon the phrase, ‘Common sense is not common in people.’ Admittedly, it sounds a little trite any time it’s thrown down in a conversation between grown-ups, but, make no mistake, there does exist an undeniable grain of truth in it. It is this grain of […]
“Nothing will ever separate us. We will probably be married another ten years.” –Elizabeth Taylor, five days before filing for divorce Long-term thinking is easier to believe in than accomplish. Most people know it’s the right strategy in investing, careers, relationships – anything that compounds. But saying “I’m in it for the long run” is […]