Salaried people can afford a bit of mismanagement in finances. But financial planning for non-salaried people must be spot on. Income of salaried people are predictable. But for non salaried people (like freelancers, business men etc), income forecast can be tough. Monthly/annual income of non salaried people are irregular. What I mean by irregular? The…
How to start building an investment portfolio from scratch? This looks like a logical question for beginners, right? But even experienced investors can take clues from here. People who have not built their investment portfolio till date, how they can go about it? These are people who are busy doing 9-6 job. They do not…
One of the best investment tips for beginners in India is to follow investments consistently and with purpose. Consistently, why? Because irregular investments eventually gets spent. Purpose, why? Because goalless investments also gets spent. What is the purpose of investment? Wealth creation over time. But if the investment gets liquidated and spent, the purpose is not met. Hence for…
How to create wealth from nothing? The stress is on the word “nothing”. Why? Because if one knows how to create wealth from “nothing”, doing the same with “help of something” will be easier, right? But there is a point about wealth creation that needs understanding at the outset. What is it? Wealth creation is…
In this article we will try to discuss all about investment. We will not focus on jargons. Instead, we will try to answer simple questions related to investment. But before that, lets brush-up an important basic about investment. There is a concept in investment, which categorise “all investors” into 2 types. Owners & Lenders As…
We can derive some important investment answers using excel. In this blog post we see some of the most common investment questions being answered effortlessly using excel. Generally we do very lengthy calculation in excel to arrive at a particular answer. But why to do those lengthy calculations when excel has some inbuilt formulas which…
Financial planning for doctors is essential, why? We know that good doctors earn lot of money. So does it mean that all good doctors are rich? Not necessarily. Doctor is a professions which is a combination of personal skill and knowledge. A perfect balance of both makes a doctor good or average. Any work which…
Google finance India was a great tool for individual investors in India. We did not had such excellent portfolio manager here. The best part was, it is absolutely free. But Google discontinued it from Nov’2017. Below is the blog post which highlights the key features of earlier version of Google Finance…. Till few years back I…
Peter Lynch is the greatest investor of all time. He has a huge net worth. He is great not only because he made money for self, but he also made his investors rich. Lets read about few of my favourite investors who aspire me to become a better investor… Who is Peter Lynch? Peter lynch…
What are the investment options for NRI available in India? Indian government promotes investment in India from abroad. This is particularly true for Non Resident Indians (NRI) in USA, Europe, Australia & Middle East. Indian government & RBI want NRI’s to invest in India. Lots of NRI investment options are available that supports this cause. Indian…
A person who wants to start investing money must be aware of the investment basics. For a beginner, these investment basics will work like a light-house. It’ll show direction, following which the investors will reach the desired goal. These ‘basics’ are like ‘rules of investing’. By being aware of these rules, even a novice can…
Direct equity investment can be very rewarding. Simultaneously this is also true that risk of loss in direct equity is high. People who can balance risk and return while dealing with direct equity are the winners. But how can one balance the risk and reward? The risk associated with direct equity comes from complexity of information Its not so…
