In our interactions with several investors, we have identified a few reasons as to why you say NO to financial planning. Without ado, let’s look at those reasons.
Who should be your investment adviser?
Lesson #10 As an investor you can make a conscious choice to make your decisions, relying on your own research and instincts. This is great in early stages of your life/career when you can afford to give that time. However, if you have full time career, you will likely come at a point when you […]
The 7 step approach to a diversified portfolio
“Don’t put all your eggs in one basket” This is one of the most well known and simplest ways to explain diversification. The idea behind it is simple. If the basket falls, not all your eggs will be destroyed in one go since they are spread out in different baskets. Diversification is a very important strategy in […]
Investing in Equity Mutual Funds – an insider’s perspective
Individuals are keen to invest in mutual funds but there is this rampant confusion still prevailing on what exactly is a mutual fund and how does it work. Should one go for direct stocks or an equity mutual fund? The number of mutual funds out there compounds this confusion further. That’s where I reached out […]
Tax savings – 10 ways to save tax and build wealth
It is that time of the year. Your HR department just sent you an email stating the tax that is going to be deducted from your salary in the coming months. Why? Because you are yet to submit the relevant proofs of investments. The amount is huge. It has got your eyes to pop out. It totals up […]