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…
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…
In this article, you can read an interesting study done on Small Cap mutual funds. Why small cap funds? Because it is a new exploration for me. I personally prefer to invest in stocks of big established companies. Why? Because such companies are less risky. They have a proven track record which makes them comparatively safer. But…
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…
The concept of pay yourself first has tremendous powers of making one financially independent. How? At least, it builds a strong foundation for it. “Pay yourself first” was a phrase which was first used in a book called The Richest Man in Babylon. But this simple statement has been converted into a profound personal finance rule…
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…
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…
What is the best way to invest money? For we common men, practicing need based investing is the best way. Why? Because it gives purpose to our investment. A purposeful investment often yields better returns. How need based investing is different? In need based investing we are actually integrating the ‘power of investment’ with our…
How to invest 10 lakh rupees in India? We are dealing with a big lump-sum amount here. Hence, it is better to proceed with caution. Idea should be to generate the ‘expected returns‘ with a “reasonable risk of loss” associated with it. It is important to understand the following concepts before proceeding: Expected Returns: Example:…
What are the biggest problems in investing money that people face in real life? We give a lot of attention to what we must do as a good investment practice. But it is also advisable to look into the Don’ts of investing money. If we only know the Don’ts, we stand a great chance of…
I have been budgeting and tracking my expenses since last 8 years. There has hardly been any expense that has went unaccounted in these years. I love to keep my accounts absolutely updated. The best way to do it by budgeting and tracking all expenses. In last few years I have used many expense tracking software….
It is surprising that how much we can learn by just digging deeper into the investment quotes of Warren Buffett. When I speak about money and investment, not many will turn and listen to me. But when a mighty investor like Warren Buffett speaks, his every word is deciphered. Each and every Investment quotes of…
