A note of caution: This article has nothing to do with personal finance. You may still find it worth a read. Let me share snippets of a few real life scenarios. A few goons were assaulting one of your relatives because of a property dispute. Since the goons were in large numbers, you did not […]
Call of conscience Read More »
After writing many blogs, I believe it is time to reiterate the basics of Personal Finance Management. There are 3 pillars of Personal Finance Management a) Risk Management b) Goal-based Financial Planning c) Estate Planning Risk Management Emergency Fund Get it ready as soon as you can Keep 6-12 months of expenses aside You can
Personal Finance Made Easy Read More »
We are coming out of a decade when the US Equity market did exceptionally well. The average return of the S&P 500 over the last decade was ~10% against the 10-year breakeven inflation rate of 2.29%. The near-zero interest rate through the decade made sure that the bond stayed an unattractive investment option. There was
Paradigm Shift in Investing Read More »
I remember my days as part of an undergraduate program in computer science in the late ’80s / early 90’ at Baroda. In those days, this branch itself was new and I had no visibility into the kind of career I could hope for. There were no jobs through campus. Since my father was working
Finance Lessons from my Journey Read More »
Today is the 15th of August and we Indians are celebrating the 76th year of our country’s independence. While that is a significant milestone in our democracy, financial independence for all is still a distant dream. While job and income security for all is a work in progress, for larger masses, the proper deployment of existing
Financial Freedom for Indians on 76th Independence day Read More »
The young investors who started investing in the last 5-10 years are perplexed today. The value of their investment in the company RSUs (/ ESOPs) has dwindled, IPO investment is below the offer price and the investment in cryptocurrencies has taken a huge markdown. Inflation is at an all-time high. The Central banks are increasing
Time for Young Investors to Persevere Read More »
I wrote the blog Is this time for Mean Reversion? in Jan this year and some of the events mentioned there are playing out. As I write this, NASDAQ is down 30% from its 52 week high, S&P 500 down 18% and Nifty down 15%. The various indices globally are either in bear territory (down 20%
Has the Equity Market Hit Bottom? Read More »
The involvement of women in managing family finances has come of age. Traditionally, because of the societal set-up, women were more focussed on managing daily expenses including the purchase of vegetables and groceries whereas the rest of the financial decisions including investment decisions were taken by the spouse. This is changing. The participation of more
Women, Finance & Family Resilience Read More »
Everybody wants to become a successful investor but very few take effort to learn the nuances to become one. Remember that successful investors are not born, they acquire these traits over time. Many times, people mistake these traits for common sense which is not right. One needs to put conscious effort to acquire these traits
Traits of a Successful Investor Read More »
A significant number of Indians regularly travel abroad (NRIs) for various opportunities. Their stay abroad varies from short term to long term. Some of them may take Citizenship from another country but still keep the OCI/PIO card to keep their connection with their motherland. For this increasingly mobile community with assets across countries, financial planning,
How NRIs can choose the Right Financial Advisor Read More »