We all wish to get rich/richer. But, unless one has the mythical Midas Touch to get rich, one has to follow the 3 P’s – Planning, Prudence and Patience. However busy you may be in your professional/personal engagements, you must invest some time – in estimating your income and expenses, both present and future, your […]
Tag: Mutual Funds
Rate Cut By RBI: Cheer For Some, Not So Good For Retired Senior Citizens
. Many of my young clients are cheering the rate cut by RBI, as now they will have to pay lesser EMIs on their auto and housing loans. Most of the corporate clients will reduce their debt burden as the interest outgo will reduce substantially. But there are some who are not at all happy […]
Financial Introspection
Why Are You Investing? In continuation to my earlier column, I assume that my readers by now comprehend the essence of asset allocation and risk tolerance. The next step towards investment is all about self-introspection and asking oneself the primary motive behind investing. Ask yourself about the purpose of investing. Every penny that you save […]