Speaking about money and finances is difficult for many. Money is personal. This blog is written by Dennis Friedman for HumbleDollar.com. This is good read and genuine human traits and reservations on money is narrated well I WASN’T COMPLETELY honest when I wrote a recent blog. HumbleDollar’s editor asked why I reduced my stock position in 2017 […]
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 […]
‘Start with Why’, is a best selling book by Simon Sinek. It tells you why ‘The Why’ for everything around you is important. Simon has written the book to inspire others to do things which inspire them. The key point Sinek emphasises in this book is that it is the ‘Why’ that builds businesses and […]
The Mint asked us this question. They were writing a piece on the way forward for such funds. They wanted to know our thoughts on this because of a few small-cap funds re-opening their window for subscriptions. This was after a few fund houses took a call to selectively to close the subscription to their […]
What is contrarian investing? Put simply, it’s an investment strategy that is characterized by purchasing and selling in contrast to the prevailing sentiment of the time. Keep in mind, though, that it is anything but simple to implement and succeed at. This is because of the psychology of money. A contrarian believes that certain crowd behaviour among investors […]
If your portfolio comprises investments in mutual funds, how does the rise and fall in market indices affect it? Does it? If not, why not? All this and more we will demystify/illustrate in this short note about the relationship between your fund investment and broader market indices. The recent euphoric all time rise in Sensex […]
Change is hard. All efforts of changing things in business, organization, society or home boils down to one fact – Can we get people to start behaving in a new way? Chip & Dan Heath give a framework to how to instill this change and SWITCH behavior to achieve the desired outcome. In Switch: How […]
One of the essentials of good investment planning is preparing for the future, whatever it may bring. Therefore, a vital component of a solid investment planning is an emergency fund. An emergency fund is designed to cover a financial shortfall when an unexpected expense crops up. Your emergency fund can serve as a place to […]
Women think they don’t’ make good money managers. This is notion that needs to be corrected as soon as possible. Our experience so far says that Women have the right skills and attitude to be better managers of resources, given their natural talent and their upbringing to manage with limited resources. Women generally don’t take […]
There is struggle between, ‘Enjoy now or save for the future’. We constantly endevour to find the balance between enjoying life now and ensuring we have the resources to live well later, during our retirement years. There is no ideal balance for everyone because we all have different goals, needs, resources, expectations, and desires. The […]