Rather than financial assets, you can leave physical assets such as real estate and gold to your children. Make your children competent adults so that they can achieve on their own might.
If you want to leave a legacy in financial assets to children, be aware that you will have to save more where one bucket is for your post retirement expenditure and another for the legacy.
Saving more to create a legacy will cut into today's surplus and you may not be able enjoy your present life and aspirations. Balance your investments between saving and living life today.
A successful management consultant and angel investor, Rajesh recounts how an introduction to financial planning blew his mind
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 young investors start thinking about retirement? How does starting early help investors meet their retirement needs with greater ease?
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 lot of traction for absolute returns strategy in India. What is driving this trend?
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
For retail investors, suggest only funds with wide mandates like hybrids and multicap equity funds
How should affluent investors choose between mutual funds, PMS and AIFs for investments?
Gifting property to your children as your legacy is not a great way to ensure they always remember you. There is a smarter solution
How is attending school and investing in mutual funds similar? Why do investors need financial advisors?
How can investors take data rational decisions that leads to better performance of their investment assets?
You choose different modes of transport depending on the distance you wish to cover. Selecting mutual funds is very similar
Fund managers need to be appreciated as wealth creators
How can advisors nudge investors towards responsible investing when they are consumed by emotions of either greed or fear? There is an intelligent way....
A merchant navy professional want a shore job to spend more time with his family. Can he afford to do so?
All investors want to climb to heights in their investments. What can investors learn from the story of the mountaineering club?
There is a very simple and easy to understand roadmap for you to become a crorepati. Here's how
What investment strategy should retired investors follow to build their wealth?
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
An automobile technocrat by profession, Jaishankar offers sage advice to young investors from his personal experience as an investor
Copyright 2018 All Rights
Reserved.Wealth Forum Ezine