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 […]
You are busy. Equity markets are volatile. The stock market feels like a no-fly zone. Yet when markets rise and fall, you see friends making money by picking stocks. And so, because you think it must be easy, you try and do the same. What is more, several fintech platforms now make taking the plunge […]
And so the New Year begins with firm resolutions and high hopes. A client calls. They wish to buy land. They ask us to tell them the state of their investments. Then they ask if they may stop SIPs and pull out some funds to buy land. So I explain the pros and cons of […]
This is a routine case study to bring home the point about staying put with your investments. But routine does not make it useless. Quite the contrary. Strongly, too. The brilliance of doing nothing is oft-ignored. Oft-underestimated. And we have not pursued often enough. Hence, the need to share this case study and illustrate its […]
A DIFFERENT WAY TO LOOK AT SAVING: Coming from a perspective that draws on behavioural economics, in this blog, I explore why thinking about saving may not be the most effective, easy, or exciting way to meet your saving goals.
Morgan brings us timeless insights into money from a very different perspective. Doing well with money isn’t necessarily about what you know, it’s about how you react, treat, and decide on money matters. Your unique framework is based on your personal history, your world view, surroundings, and odd incentives scrambled together. Morgan says, there is […]
TAPPING RESOURCES: There is money. And there are different ways to use it. It's important to allocate wisely. Mixing money for business with money for personal needs can hurt your life plans. How to get this equation right is what we are going to tell you.
The last 18 months have been a difficult one for equity investors in India. The trend has been downward. The economy is going through a transition. There was also the credit crisis linked to Non-banking Finance Companies (NBFC). A lot of this has caused a temporary liquidity crisis in the market. The recent budget, too, […]
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 […]