“In this world, nothing can be said to be certain except death and taxes” – Benjamin Franklin While taxes are certain, there are legitimate ways to reduce taxes. I firmly believe that as responsible citizen, I must pay a fair share of taxes. However, I also believe that we owe it to our family that …
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 …
There is a saying in Hindi: धीरे धीरे रे मना धीरे सब कुछ होय | माली सींचै सौ घड़ा ऋतू आये फल होय || This means that everything happens gradually and not before its time. A gardener waters the plants daily but the plants bear fruits only in the right season. In the last few …
Here is what first time investors need to do “The journey of a thousand miles begins with one step” – Lao Tzu I still remember my 20s, first job, reasonably good money, carefree attitude and having a lot of fun. It seemed as if all the years of hard work, burning midnight oil to study, …
“Where there is an open mind, there will always be a frontier” – Dorothea Brande Most people approach mutual fund investments with some preconceived opinions. They have formed these opinions over a period of time. As a result, many times these preconceived notions prevent them from exploring the versatile world of mutual funds. In this …
Dispelling some common misconceptions about mutual funds Read More »
In my personal experience, a simple approach to investing works the best. The simple idea that works is to invest regularly at all times, invest more when valuation is attractive (NIFTY PE less than 18.6) and take some money of the table when valuation is expensive (NIFTY PE >22.1). The below points illustrate this: 1. …
“The investor’s chief problem—and even his worst enemy—is likely to be himself.” – Benjamin Graham Recently, I have been reading a book on behavioural investing by James Montier. The book gives a lot of insights into the behavioural mistakes that most investors make. It also argues that successful investing a a lot of about following …
Cannot control the market, control yourself for investment success Read More »
