Chronological Lottery
The history of mankind might have been very boring if it was not for great men and women seizing the opportunities that changed their lives. Whether it is Napoleon Bonaparte, Thomas Edison, Jamshedji Tata, Walt Disney, Mother Teresa, Steve Jobs or Sachin Tendulkar, who took the opportunity and persisted with their dream. It’s not just […]
Getting Rich vs Staying Rich
Learning how to make millions is one thing, but mastering the art of keeping that fortune intact is a different task. Many people get rich, only to blow their earnings in a matter of years. We have also seen successful businesses and corporations going into oblivion in a short time. There is an old saying, “Getting […]
Leverage – A secret to wealth creation – Bane or Boon?
Using “other peoples’ money” sounds like a great way to make a fortune. Borrow some money, make a fortune, pay back your lender, and keep the rest. What could be better? Archimedes is credited with establishing the concept of leverage, over 2000 years ago. He famously stated that, given a lever long enough and enough […]
Passive Income – The secret to Wealth Creation
Who wouldn’t like to have, no money worries, to be on a cruise, tasting the malts and Sangrias, while pursuing your passion or thinking about your next adventure.Most people would prefer to have the flexibility of going to work when they please and stay at home to take care of your family without having to […]
Financial Planning For Women
Marrying a man is not a financial plan. While we celebrate women’s achievements on International Women’s Day, it is a timely reminder to talk to women about financial matters and look at smart ways to gain financial independence. Women are great savers but are somehow reluctant to take the plunge to invest to build wealth. […]
Financial lessons from Makar Sankranti !
Mark Twain said, “A year has 365 days but India has 366 Festivals” The concept of Universal Brotherhood encompasses all these festivals & the vibrant colors, warm hospitality & infectious buoyant spirit mark the celebration of our festivals. Some festivals welcome the seasons of the year – the harvest, the rains etc, while others celebrate […]
Do You Need An Investment Advisor (GURU)?
I remember when I wanted to learn to drive a car, I thought I knew all about driving because I had seen my Dad and all my cousins driving since many years and we had a car in the family since I remembered. I took out our car parked in the porch, and tried to […]
Hierarchy of Financial Needs
Countless Investor interactions later, a pattern of investor portfolio is emerging. Past experiences have led to biases and have put off most investors from an asset category. The omnipresence of LIC policies in most portfolios is amazing and most investors have used LIC as an Insurance and saving instrument despite LIC selling it as an […]