People concentrate too much on Buying the Excellent Mutual Fund? May be people do not understand meaning of “Best Mutual Fund”. So let me declare what is meant by best Mutual fund: The best mutual fund for you is the Fund which suits your requirement and has ability to help you to achieve your Financial […]
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Category: Financial Planning
Investment in Financial Literacy!
Most people fail to realize that in life, it’s not how much money you make, its how much money you keep. We have all heard stories of lottery winners who are poor, then suddenly rich, then poor again. They win millions and are soon backing to where they started. Because, they tend to focus on […]
My parents never did financial planning, why do I?
Our grandfathers, fathers and Uncles have come from a very different time when there were no choices other than LIC polices and FD’s. The education was cheap, no competition got exists, every one’s desires were limited and people were happy with their limited environment. They were lived in joint families and every member of family […]
Onus of Investor
Do you know that majority of the problems in your financial life are purely because of psychological reasons? We are all humans being and are prone to think irrationally at times, due to which, a lot of many wrong decisions are taken in our personal finance. Behavioral Finance is the area of finance that combines […]
Funda of Savings?
I am sure most of us would have seen the movie “Delhi6”, a dialogue in the movie stays that “Hindustani bahut jasbadi hoten hain”(Indians’ are very emotional people), why not ,we are Emotional people as this is the only country in the world where one hand feeds many mouths. From ages our forefathers have asked […]
Trust your Financial Planner as you do your doctor!
Trust is important while you approach a planner.Imagine a scenario… You go to doctor; who examines you and comes up with a diagnosis of what the ailment is and what medicines you need and for how long. Would you turnaround and tell the doctor that the ailment actually is something else, the medicines suggested […]
How to Get-Set Returns for your Financial Goals?
Ajay starts investing Rs. 5,000 per month towards his child’s education. He has been advised that if he makes 10% year on year, in 20 years he will reach the target of approximately Rs. 50 lakh. Now suppose in a particular year, his mutual fund gives a 21% return, but Ajay’s friend mutual fund gives […]
Need a Financial Planner or Do it yourself?
Do you require a Financial Planner to do your financial planning or do it Yourself? Through this article, I would like to give an opportunity to make a choice for you to manage your money yourselves or hire a financial planner who makes your Financial Life better. I feel every individual should be given a […]