Whether it is investing, driving or walking down the street everyone exposes themselves to risk. At the outset, let us first understand what is risk in investing? We often hear people saying that you should not invest in XYZ, it is risky. To most of us, risk in investment is when market value goes down below the amount so invested. For instance, if Rs.1 Lac invested becomes Rs.98000, we presume it to be a risky investment. Continue reading “Have you managed your risk”
Emergency Funds- The moment we hear this, it reminds us of our Savings A/c; isn’t it??? Most of us often confuse our Savings A/c with an emergency fund and hence believe that our savings a/c is our emergency fund.
If I go by the literal meaning of Emergency Fund – “It is that cash that one saves for the sole purpose of helping him/her maintain a normal life in times of unforeseen emergencies”. Now tell me – “Is it justified to call Savings A/c an emergency fund?” We use savings account for both our needs and wants whether it be our daily living expenses or shopping or entertainment expenses. And as the month end approaches, in most cases the balance in savings a/c tends to get to its lowest levels. Continue reading “Emergencies don’t knock the door!!!!”
We can learn from anything and everything that happens in our life. Movies have always been an eye opener for me and have taught me a lot about the basics of personal finance. In this post I would like to share all that I have learned from some great movies in the past
Set your Goals Right
Bhaag Milkha Bhaag revolves around the life story of Milkha Singh – the only male Indian athlete who won athletics gold medal at Commonwealth Games. The movie gave a wonderful message of importance of Goal setting in life. Continue reading “Financial Lessons from Bollywood Movies”
It’s time to plan for a holiday!!!! The March pressure has just come to an end and much awaited summer breaks of your kids are just round the corner. Planning a holiday today, is a task in itself. In this post we will highlight ways of planning a holiday which would not only ease your mental burdens but financial burdens as well.
Election season is on and political war at its peak. Political parties are trying to woo voters in their own way. We are really confused – whether to choose Congress or BJP or AAP and then there are regional parties as well. Whatever be the outcome, we want a government which can take decisions that work well in the interest of our country. Politics have a lot do with investments as one wrong decision can have a huge impact on our financial well-being.
Here we will try to understand how investments strategies are related to politics. These are our personal views on political parties.
Continue reading “Politics or Investments: It About the Right Choice”
