Personal Finance
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Who will handle after you?
It started with a simple question.“Do you know where all the investments are?” The room went quiet.Not because there was no money.There was enough: savings, insurance, mutual funds, a house, and a few fixed deposits.But because only one person had ever really known everything.And he wasn’t there anymore. Until that moment, life had felt secure.Bills… Continue reading
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Money Basics Middle Class Needs to Master for a Good Life
Upper classes are a nation’s past; the middle class is its future. Ayn Rand The irony is middle-class earners are busy earning money and aspiring to become rich. In the process, they just ignore the very process to enhance their financial wellbeing. We were not taught financial literacy in school. It takes a lot of work… Continue reading
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Why Is Gold Not The Safest Investment in Uncertain Times?
When it rains earth, mountain, lawns, and bridges all get wet. The value of shelter goes up. Similarly, in times of Warmongering and actual war, the performance of national economies, private companies are affected as the risk increases. The value of the unaffected metal Gold goes up. We live in fickle times. Things change overnight. A terrorist can attack… Continue reading
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How Can Financial Illiteracy Keeps You Slave Forever? Real Life Casestudy
“We were not taught financial literacy in school. It takes a lot of work and time to change your thinking and to become financially literate.” Robert Kiyosaki This is a classic case of how financially prudent decisions can change your life forever. Here is a family of 3, a couple and a young son just… Continue reading
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Why Shouldn’t You Escape From Life Insurance?
Life is uncertain. Death is certain. There are family members dependent on you. Your death can make them vulnerable if they are not financially secure. You have still not achieved the level of savings required for a comfortable lifestyle after retirement. In these circumstances, Life insurance is the only investment that can rescue your family… Continue reading
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Nothing is Safe, How to Minimise the Risk?
“College graduates spent 16 years gaining skills that will help them command a higher salary; yet little or no time is spent helping them save, invest and grow their money.” Vince Shorb, CEO of the National Financial Educators Council Karvy is pledging customers’ shares, PMC bank joining hands with the fraudulent borrower, DHFL lending recklessly to builders. Many… Continue reading
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Do You Know Asset Allocation is the Key to a Successful Financial Planning?
We all know putting all eggs in one basket could be dangerous if the basket goes bust. Similarly, keeping all your savings and investments in one class of assets could be either risky or would not give a reasonable mix of return. There are several classes of assets available for an individual to park their savings. Some are… Continue reading
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The Safest Investment Schemes You Need to Know
PMC Bank scam and many such scams that sprung up every now and then have shaken the trust of the depositors in the financial system of the country. But the scenario is not that bad. There are various safe investment options available to investors. One of the safest and trustworthy institutions of the country Post… Continue reading
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The Easiest Way to Pick-up Stocks for Long-Term Gain
Investing in the stock market is a painful experience for most of the investors. The market like a pendulum can change the fortune either side. We invest by tips, news reports, friends’ recommendations, expert recommendations, our own analysis, on gut feeling. We invest in turnaround stocks, best performing stock, dark horse and on technical charts.… Continue reading
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