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% …
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 …
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 …
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, …
The high amount of money supply and low-interest rate all over the world has encouraged people to take speculative bets. The Equity market (particularly meme stock, SPAC, IPO) and Crypto have recorded a new high. The inflation is inching upward. This is forcing the Central Banks to consider increasing interest rates to keep inflation in …
Come December and everybody starts thinking about a few important tasks which they could not take up this year but would love to do in the upcoming New Year. This comes with a feeling of guilt but a stronger determination to make it happen soon. I have a guilt of my own. I wanted to …
As a child, I never heard my dad talk about Financial Planning. He used to earn a reasonable salary to take care of our living expenses but had little to save hence had less motivation to create a financial plan. Whatever he could save would typically get invested in simple investment products including Savings Bank …
People find it difficult to invest their savings optimally and arrange money for their financial goals. Your financial life and in turn your personal life is largely dependent on your approach towards money management, your interest to learn the nitty-gritty of investment and your ability to use it to your advantage. One has to make …
We have been through a lot. While I generally believe that we can manage difficult situations, this year has been different. The continuous news of loss and suffering of near and dear ones in extended family and friends made us realize that things were not in our control. We were left mute spectators to a …
This month, I will be completing 3 years of starting “Financial Advisory” as a profession. Since I like personal finance, I knew that I would be able to make it work but never expected the transition from IT (my erstwhile career) to be so smooth. It has been an enriching and fulfilling experience. My clientele …