As individuals we all look for trusted relationships before we share confidential numbers. We expect our advisors to dig deeper into our financial situations and only when we trust we open up and share our data that forms the basis of his action plan for our financial well-being. Are you sure your financial planner has […]
Read MoreWhy do you invest in a mutual fund ? There are three main reasons i) Professional Management ii) Portfolio Diversification & iii) Low transactional cost. Out of the three, portfolio diversification is a key benefit that aims to reduce risk for the investors. In reality, by investing in diversified equity schemes, do you get the […]
Read MoreIt’s the time of the year when individuals rush to sign up policies or do investments which have no direct link to their financial goals but more to do with saving taxes. Insurance agents get on a calling spree to sell their products, be it life insurance to get you exemption under section 80C or […]
Read MoreYou must have read common investing mistakes part 1 and part 2 earlier. If not, kindly take the time to go through them now. This is the third and final part of the series. 1. Not Rebalancing Once you allocate your assets as per your circumstances, it’s important to re-balance your portfolio at least once a year. As the […]
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 […]
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