I have a lot of money, but is it sufficient – check out this ‘Wealth Meter’ But even among the very rich there is always the lingering doubt if the money they have is sufficient. What is sufficient? What is being rich? What does it take to call yourself ultra-wealthy?
3 Investing Lessons from “Game of Thrones” The experience of watching the first season nearly 8 years back and the journey with the characters (or at least whoever is left!!) over these years will occupy a permanent place in memories of GOT addicts. The journey, like investing, has some parallels.
Five SIP blunders that could cost a fortune Some investors nullify the benefits of an SIP, by making the wrong moves.
Why conviction matters when investing? When markets tend to go through their occasional drops, the people who come out on top are often those who kept on investing as if nothing has happened. They had the wisdom to realize that they can’t predict when markets will go up nor when they will go down.
Can you benefit by picking sectors to invest in, before elections? A quick look at the returns of BSE’s sectoral and thematic indices shows that the sectors which have done well in the period between 2014 and now do not include sectors like capital goods, manufacturing, infrastructure, realty, power, and PSUs where most of the policy action has happened. In fact, these are some of the worst performing sectors.
Five Common Mistakes Investors Make While Investing in ELSS ELSS is one of the most popular instruments for saving on taxes. With its impeccable track record of beating inflation hands down to its lesser lock-in period (of three years), ELSS as a savings instrument has scored over PPF, Bank fixed deposits and other tax-saving instruments. However, investors need to guard themselves against some common mistakes committed while investing into ELSS.
Answer these 3 questions, before you plan out your retirement corpus Many people have a number in their heads which makes up their dream corpus but rarely do they consider if this dream corpus will actually allow them to maintain their lifestyle, years later.
How can you afford a foreign education for your child? For an overseas education, you are looking at a tuition expense upwards of Rs 25 lakhs a year depending on the destination and nature of the course.
Can I learn to be lucky with money? Being lucky, seems totally illogical and unscientific and as a result the human mind rejects the possibility of developing the art of being lucky. On the other hand, Dr Richard Wiseman did a detailed study on the psychological difference between lucky and unlucky people and wrote about it in his book “The Luck Factor”.
Do you want to own a piece of Apple, Google or Amazon – Should you do it. How to do it. The answer is International funds of funds. This is a mutual fund that invests in other mutual funds. Instead of owning shares of companies, such a mutual fund owns units of other mutual fund(s).
How can you afford escalating college education costs for your children? Work backwards while planning for the amount required. For a private college education in India, the fee today can be anywhere between Rs 8-15 lakhs for the entire graduation course and a similar amount reaching up to Rs 25 lakhs or so for post-graduation.
4 steps to get out of a debt trap It really starts with a commitment to yourself that you will work towards getting yourself out of the debt trap. Having the belief and setting a realistic timeline to get out of the trap is the first real step.
