“God has created enough for Man’s need but not for his greed,’- Mahatma Gandhi. Most of us would like to have more money. This is a fact of life. But question is, how much more? Last week, we met a client for an annual review. He asked, “Is this rate of return I am earning […]
SUCCESSFUL INVESTING IS SIMPLE, but it’s rarely easy. Yet millions of investors, both professional and amateur, assume they know what they’re doing. “We live in this mystical state where everybody thinks they can practice finance,” notes William Bernstein, retired neurologist and author of a fistful of acclaimed finance books. “But you shouldn’t practice without understanding the sc
SIP is Systematic Investment Plan. Is it a surefire way to create wealth? Let’s investigate. A method of investment, a systematic investment plan is an option that allows you to invest a specific amount at regulated intervals or frequencies, typically monthly in Mutual Funds. How SIPs help create wealth? In Hindi they say, “Boond boond […]
Daniel Kahneman, a Nobel Laurette for his work on the psychology of judgment, decision-making and behavioural economics, has put forth ‘’Principal of loss aversion”,which says people dislike losing money more than they like making it. People feel losses more deeply than gains of the same value. This is so true. This is because money matters […]
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 […]
As a kid, traveling was never priority for my family. While we did travel, it was viewed more as a leisure activity to get away from our ‘normal’ lives than traveling for the sake of traveling. It was way into adulthood that I started looking at travel as something that not only let me get […]
Continuing with the traditions of reform-oriented policies of Modi Government, that was the message of Budget 2018. The thrust remains on bolstering infrastructure, healthcare, housing, agriculture, rural development, and social well-being. This will translate into better business growth and higher corporate profits. It is our considered view that this budget is optimally balanced. There is [&hell
The latest budget has an announcement on Long Term Capital Gains Tax (LTCG). It has drawn a lot attention. Why? What does it mean? And how does it affect your investments? Allow us to elaborate. The budget proposes that a nominal tax of 10% will be levied from 1st April 2018 on any gains in […]
Allowing emotions to rule your investment strategy is, and always has been, a recipe for disaster. All great investors follow a strict diet of discipline, strategy and risk management. The early days of the New Year are a good time to reflect and consider the year past. 2017 WAS ONE OF THE BEST YEARS FOR […]