Before taking a plunge into investing, do a financial plan to assesss your goals and aspirations. Financial planning is about putting the numbers to paper and allows you to see if life changes can be made.
Once you have gotten used to a certain lifestyle, it can be difficult to make financial changes. So, making a financial plan will help you make decisions. Every investment has to meet an objective in life.
Money in itself is of no use, money at the right time and for the right reason is what makes it meaningful.
A successful management consultant and angel investor, Rajesh recounts how an introduction to financial planning blew his mind
Why should young investors start thinking about retirement? How does starting early help investors meet their retirement needs with greater ease?
Women often overlook protecting their financial interests when raising their families as they don't believe things will go wrong in their marriage
Why should investors consider what legacy to leave for their children?
There is a lot of traction for absolute returns strategy in India. What is driving this trend?
For retail investors, suggest only funds with wide mandates like hybrids and multicap equity funds
As a young earner, you aspire for your car - it's no longer a luxury, it is a necessity. See this video before deciding whether it should be a new one or pre-owned
How is attending school and investing in mutual funds similar? Why do investors need financial advisors?
How should affluent investors choose between mutual funds, PMS and AIFs for investments?
How can advisors nudge investors towards responsible investing when they are consumed by emotions of either greed or fear? There is an intelligent way....
Gifting property to your children as your legacy is not a great way to ensure they always remember you. There is a smarter solution
You choose different modes of transport depending on the distance you wish to cover. Selecting mutual funds is very similar
How can investors take data rational decisions that leads to better performance of their investment assets?
Fund managers need to be appreciated as wealth creators
Hear this story of an ancient kingdom and its quaint customs to understand why the next 5 years are going to be the most important phase in your life
There is a very simple and easy to understand roadmap for you to become a crorepati. Here's how
All investors want to climb to heights in their investments. What can investors learn from the story of the mountaineering club?
If you do a comprehensive retirement plan, chances are it looks so daunting that you decide to drop the idea completely. There is however another way
What investment strategy should retired investors follow to build their wealth?
An automobile technocrat by profession, Jaishankar offers sage advice to young investors from his personal experience as an investor