Contingency Fund – Your Umbrella for a Rainy Day
Do you have your GOK fund in place? Wondering what’s that? Well! GOK fund here stands for ‘God Only Knows’ fund and is merely a quirky term for an contingency fund. Some may even call it a ‘Rainy Day fund’; it practically defines the state of an emergency, the arrival of which is pretty much […]
Rebalancing to stay on track
If you adhere to basic investment advice that every experienced or even novice investor doles out, you would know that it is prudent no to put all your eggs in one basket. Eggs here refer to your investment and the basket is the financial instrument. The diversification of assets across varied instruments is referred to […]
Timing the market or time in the market?
The recent market rallies have left many novice investors in a tizzy. In hopes of timing the market right, their constant ‘wait to get in’ and ‘want to get out’ could be the cause of some sleepless nights. Their hopes may have been raised by associate investors who swear by their exceptional comprehension and mastery […]
Financial freedom is not a mere state of mind
Financial freedom is not a mere state of mind; it is the perk of being prudent with your earnings. It is not about being a millionaire or a business tycoon; rather it is about having a dependable residual income that covers your expenses and lets you live the life you want to live. Today, we […]
Latest words of wisdom by the Oracle of Omaha – Warren Buffett
Even the Oracle of Omaha has seen a few firsts with this Pandemic at bay. For starters, it was the first time Buffett went virtual to report the recent financial performance of Berkshire Hathaway, which typically is a week-long extravaganza- a treat in itself. He confessed never to have presented with the assistance of PowerPoint […]
Why Investors should continue with their SIP
Feeling down after seeing your SIP value plummet to all-time lows? Well! You are not alone. Markets have been volatile for a while now since the pandemic struck and has had its effects on businesses and the economy. Side effects of the tumultuous market are falling NAVs in your SIP investments. But, we all know […]
Staying goal oriented – Cut the noise
We, humans, are emotionally driven. While our emotions play a part in defining who we are, they sometimes tend to override our capabilities to make rational decisions. It is humanly impossible to rid oneself of his/her feelings, so the best workaround would be to become conscious of the role our emotions play in our decision-making […]
the world’s most catastrophic financial pandemic | Continue or quit
Its official, India will observe an extended nationwide lockdown until the 3rd of May under utmost vigilance. There is hope of some respite in relaxations to the unaffected areas and businesses classified as ‘essential’ in the near future. The pandemic related volatility in the financial market has been playing havoc for over 3 months as […]
5 Mistakes that Women Make When it comes to Money
In modern times, women are financially independent and increasingly earning more income. Improved life expectancy, early retirement, break in the career to pursue personal goals; all contribute to the need of having a systematic financial plan. But, women tend to be more conservative in their approach towards financial well-being. Lack of confidence, financial illiteracy, age […]