Create wealth for charity Often charity is considered from our leftover funds, but you can just as easily convert that into a goal. Use the same concepts of wealth creation, start early, and stay for long periods.
Making sense of risk and why we need it There are many such examples of risk-return trade off which we make consciously in our daily lives. In investing too there are varied types of risks, to achieve your return you have to know which ones to take and which ones to avoid.
Do you have good investing behaviour? To know how you measure up on the investing behaviour graph, see if you conform to behaviour aspects given below.
Customer stories: Run like you invest, invest like you run Meet Ramkumar, MD at Avi Networks India Pvt Ltd, a Scripbox fan, and a passionate marathoner who recently successfully completed the Berlin full marathon. Read on as he shares his unique experience of training for marathons, lessons learnt and how the same principles apply to long term wealth creation.
Why choosing funds first, and then thinking why, is a bad idea The traditional thinking remains though. Most of us are still buying financial products first without really thinking about the utility.
Start early, stay invested When you do the numbers, the case for starting early becomes even more compelling.
What not to compromise on when investing? When we choose to invest though, we often have to make compromises. Our savings are usually not enough for all our goals. However, no matter which goal we are investing for, here are three things you shouldn’t compromise on.
What is financial freedom really? Real financial freedom isn’t just about getting out of debt, doing what you want or reaching an amount. It is the number of days you can survive without you or any family member doing physical work, and still maintaining your standard of living.
Is gold the best buy now? With financial assets crashing this year, gold has come up as the winner. The last one-year return for gold has shot to around 27% in rupee terms. This then becomes even more enticing for those who feel they missed the gold bus.
The one reason to stay invested in India – the argument starts and ends here As a long term investor, you need to be very clear about why you are investing in the Indian equity markets. If the logic is clear, one will normally stick with their investment plan and not get perturbed by market conditions.
Intuition, Fear and Greed – 3 things to conquer to become a good investor The real challenge, after you know what needs to be done, is all about conquering your emotions. If you can understand yourself and conquer these emotions, your chances of being financially secure early in life will be much higher.
No bonus, increment this year? Doesn’t mean no SIP Along with lower annual inflow from your profession, your market linked investment values are perhaps looking lower too. What should you do about your market linked investments now?
