Not having to worry about money is almost like not having to worry about dying ~Mario Puzo Retirement is that phase of life which appears so far off in future that most people tend to almost ignore it. People make plans for immediate need like kid’s education and often ignore retirement planning. Earlier, people in …
Buying a home is often an emotional decision. Who can argue with a desire to have a roof over your head without having to think about paying the rent every month? However, paying EMI is equally big headache. Especially in current environment where job security is a thing of past. If one is a buying …
“Spend less than you make; always be saving something. Put it into a tax-deferred account. Over time, it will begin to amount to something. This is such a no-brainer.” — Charlie Munger Having 1 crore rupee (10 million for those outside India) is a nice sum of money. It embeds a sense of security in our …
The devil is in the detail. Recently, we wrote about how balanced funds are a good option for steady returns. Indeed, balanced fund with in-built asset allocation tend to navigate the volatile market well. But the proof of pudding is in eating. Hence, we try to look at risk and return characteristics of decent balanced …
“Rule No.1: Never lose money. Rule No.2: Never forget rule No.1.” – Warren Buffett In investing it is important not to lose money. We can avoid losing money in market by completely remaining out of the market. But if that were the intention, you wouldn’t have been reading it. You have to be “in it” to “win …
Many times people ask me that their LIC policy matured and they have some money to invest. Salaried people get annual bonus which could be a large amount (if you are lucky:)). They ask what’s the best way to invest lump sum amount. Below, I am going to explain how this should be done to …
How to invest lump sum amount into equity mutual funds? Read More »
Man is born free but everywhere he is in chains – Jean-Jacques Rousseau Confucious advised to choose a job you love and then you will never have to work a day in life. Quite true! Sadly, reality is always a bit different. Most people I meet feel stuck in a job. Ideally they would like …
“Only liars manage always to be out of the market during bad times and in during good times.” -Burton Malkiel This simply means that timing the market is almost impossible to do on consistent basis. So, here we are not talking about timing the market but on asset allocation. Any one who was panicking last …
A goal without a plan is just a wish – Antoine de Saint – Exupery This is the third and final part of our series on how to fund kid’s education. In our first article, we got an idea about the cost of higher education at different type of institute in India and abroad (Plan …
Mutual fund investment strategy for kid’s education Read More »
Inflation is when you pay fifteen dollars for a ten-dollar haircut that you used to get for five dollars – Sam Ewing The seeds of second world war were sown during the hyper-inflationary period in Germany (after the first world war). Inflation is indeed a big tax on savers. Well, in my family, I was …
