It is human tendency to take things easy in life. How we wish we were born with a golden spoon and lots of money and did not have to work, to earn our daily livelihood. The easy availability of money makes one laid back when it comes to understanding its importance and using it prudently. […]
Read MoreIf you haven’t already read the first in the series on common investing mistakes, then please do so now by clicking here. Here is the second part of the series. 1. Over Monitoring Portfolio & Making Emotional Decisions Some investors constantly check progress of their portfolio, logging in several times a day. Market is quite volatile in the […]
Read MoreToday spend thriftness, consumerism and lavish life style are a cause of concern. Newspapers are filled with reports on juvenile crimes likes kidnapping friends for extortion,sometimes killing them. It makes us numb. Grand-children played with their grand Parents when they were tiny tots, dare to kill them for money or flat. God only knows where the world […]
Read MoreThere are any number of websites, articles and experts extolling the virtues of realigning your asset allocation to ‘safer’ avenues as one inches towards his retirement. Some go to the extent of advocating a 100% debt portfolio the day one retires. Many arguments are advanced in favour of this shift – emotional ones (need to […]
Read MoreA budget is a very effective tool for managing your personal finance. It analyzes your cash flows and makes you aware of your lifestyle expenses. A great amount of discipline can be inculcated in your financial life if you follow it on a regular basis. Still most people find it difficult to follow any kind […]
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