Broccoli soup or Grilled Chicken? Salad or Burgers? You probably did not pick the Broccoli soup but we all know that it’s healthy. When it comes to investments, people have their own preferences with gold, land and FDs, but not many pick equities. Equities are considered risky and some even consider them akin to… Read More »
The Great Indian Rope Trick. A cute yet annoying thing we’ve had to hear whenever anyone from across the pond spoke about India in the same breath as “things back home”. You’d think they were talking about the 1900s. Yet, here we are in 2015, doing exactly that. The Great Indian Rope Trick. Only, we’re… Read More »
As kids, we’ve often ‘stolen’ change from our parents and pooled in the coins to share an ice-cream with our friends. There was always that one friend, to your awe and annoyance, who seemed to be able to keep track of exactly how much you owed him from months ago. Of course, as adults finances… Read More »
As an old adage goes – “Failing to plan is planning to fail” Financial planning is as important as brushing your teeth. While one may choose not to do it, in the long run, it may hurt as much as tooth decay would. So, just like you would rush to a dentist at the first… Read More »
Plans without goals are like driving without a steering wheel – you can’t be accused of doing nothing but you have no way of knowing whether you’ll still be in one piece when you stop driving, let alone know whether you’ll reach your destination. So, quick! Here are 6 essential goals you need to lock… Read More »
Here is the quaint tale of Singham, who thought he had done his bit for his personal financial planning when he identified his investment goals. Only, he made his investment choices rather randomly. And, here’s how he ended up. And, here’s what he’d have ended up with if he had matched his investment choices with… Read More »
If myths were true then lightning never strikes a place twice, Einstein failed in math exam, bulls hate red and lower NAV (net asset value) means cheaper mutual funds. But that’s not the case. Lightning can strike a place twice; Einstein did excel in his math exam; bulls are proven to be color blind. And… Read More »
“Compound interest is the eighth wonder of the world. He who understands it, earns it… he who doesn’t, pays it.” If you are under 30 and know who said this, you da man! If you are under 30 and have no clue, read this little story before we let you in on who said this.… Read More »
The biggest question you have to answer yourself when you are investing is: “What is the time horizon for my investment?” This helps your financial advisor in suggesting you the right asset and product. Uljhan Singh had to change his job and he got a fat cheque of Rs.5 Lakhs from his previous employer towards… Read More »
Suhasini, a mother of a 5-year-old girl, is in a dilemma. Ever since the government has announced the launch of a scheme for girl child—Sukanya Samriddhi, her relatives are after her life to get an account opened. The buzz around the scheme has already created a lot of excitement, and Suhasini is being virtually ‘poked’… Read More »