Three deaths in the family in the space of one year made me think about a Will and the reasons why you must invest time to make one. A Will is nothing but a document with a list of all your asset details and who you wish to bequeath them to. Most say a Will […]
While chances of negative returns were 25% for 1-year period, the probability is nil in 5 years. The latest industry data released by CRISIL and AMFI shows that the chances of getting negative returns from investments in mutual funds through SIP route diminishes to nil from fifth year onwards. The report has taken the past […]
Life is an accumulation of experiences that shape how we view ourselves, our families, and our world. When we reflect on these experiences, we come to realize that our lives have been and will be permeated by change. The same is true for you as well. It is important to keep an eye on demographic, […]
If I have to travel down the memory lane, I would say my mother had a sanguine relationship with money. Most of the time she used to just hoard cash in her many small – one zip purse at many places in cupboards, suitcases, different big purses. Her story is very different – she was […]
As your child steps into his teens and acquires a social circle, his financial demands will increase significantly. It’s not easy being a teenager, but being the parent of a teen is probably worse. It’s the time when raging hormones, spending urges and an overwhelming sense of entitlement turn your teen into a materialistic monster. […]
In the early part of this decade, taking a home loan and putting the money in real estate was considered a lucrative avenue of investment, considering the double digit returns that real estate was delivering to investors and the tax savings on home loans. However, things have changed since. Demonetization and a structural slowdown on […]
For those of us who want to take care of our financial futures but aren’t investing pros, there are plenty of pitfalls. To help steer you on the right path, I’ve put together some of the top investing mistakes that we see on a regular basis… and how to avoid them: PAY TOO MUCH ATTENTION […]
Last week I attended a training which took place in Portland, Oregon. It’s in the North West part of America. The training was on ‘Financial Life Planning’ which I wanted to attend from quite some time. Money Quotient is the organization which offers this particular training. Life and money are two sides of a coin. […]
It is eminently possible to get caught up in the excitement of IPOs (Initial Public Offering). Uninformed people think it’s an easy way to make money. They believe listing gains from IPOs are almost inevitable. This is far from true. You can lose money if you don’t think before you invest in an IPO. This […]
Some of these things have been mentioned by us before. But they are important enough to be reiterated. In fact, they are often forgotten. We’d like to take this opportunity to quickly take you through five things that you must watch out for when it comes to planning your personal finances. Forget financial goals – Instead […]