Investing for tax savings

Investing for tax savings

If you are one of those who are scrambling to invest at the end of the year – mostly you would fall in the category of investors who are parking money in sub optimal investments or investing at odds with your financial goals. The reason I say this is because  Continue reading “Investing for tax savings”

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Dear Zindagi …

Dear Zindagi …

Yes this post is inspired by Shah Rukh Khan’s movie “Dear Zindagi”. For those of you who have not seen the movie, Shah Rukh Khan plays a the role of a life coach (“Jug”) who just listens to people and gives them simple advise on how to go about living life. When I saw the movie, I found some of his key dialogues to be very interesting and immensely applicable in the Financial Planning and Execution journey for all of us. In this post, I will sharing some of such dialouges with my take on them. But before I do that wish all the readers the very best for the coming year.

Continue reading “Dear Zindagi …”

Don’t Worry About Things That You Can Not Control

Don’t Worry About Things That You Can Not Control

The 3 key things which can help in calculating the amount that will returned on an investment are as follows:

a. Amount to be Invested (P)
b. Duration of Investment (T)
c. Rate of Return (R)

Mathematically (& simply) put the Maturity Amount (A)  for this investment is represented by the following equation: Continue reading “Don’t Worry About Things That You Can Not Control”

If you want to Invest regularly…Don’t track expenses

If you want to Invest regularly…Don’t track expenses

A lot of websites on personal financial planning ask you to track where you spend your money and use that information to cut down on spending and increase the investments. When you are doing this you are essentially looking at the following mathematical equation between Investment, Income and Expenses: Continue reading “If you want to Invest regularly…Don’t track expenses”

A simple system to become wealthy

A simple system to become wealthy

An existential question – How do I become wealthy? There are many ways to answer this question however the essence remains the same every time. In this blog I will try to summarize this in using a simple system that anyone one can use and increase their chances of becoming wealthy. Continue reading “A simple system to become wealthy”

9 things you should know about Life Insurance

9 things you should know about Life Insurance

“Death” – is a topic that most of do not want to talk about, especially when the person whose demise is to be discussed is oneself. As on date, no one has managed stay alive forever! so Life Insurance does become a key consideration in making of a comprehensive personal finance plan. Given all the complexity and taboos around Life Insurance – here are Nine things that you must know about Life Insurance: Continue reading “9 things you should know about Life Insurance”

Keep Calm and Invest On

Keep Calm and Invest On

While I am writing this – Britain has decided to exit from EU, India Markets are down about 2+% and there are many posts on how to make the most of this event. Some are suggesting buy more to average the cost while some are suggesting sell all and then re-enter the market later. With so many different pieces of information flying around, I would suggest that Continue reading “Keep Calm and Invest On”