As a financial planner, I meet with soon-to-be retirees all of the time that want to meaningfully understand how they can get on the road to happiness in retirement. These people are often surprised when I talk about things that… Read more
Category: Finance
Learning from mistakes-behavioral finance
Why are we not able to learn from our own mistaks? Why is it so tempting to push all our difficult task to a virtuous tomorrow but indulge ourselves just for today? Why we do not understand the power of… Read more
Teach money to your daughter too!
Money is a Man thing, and Cooking is a Woman thing’ – most people are brought up with this stupid belief. It is not as though they are told explicitly, but by behavior. The son is taught banking in class… Read more
Expectations vs. Reality in money can be brutal. Know what it needs to make your dreams come true
If you’re in your late 20s or early 30s, chances are you are already planning to put down the down payment for your dream car or your very own home. You may even be planning to work in a corporate… Read more
Should an advisor hire another advisor to manage his own finances?
Though the concept is alien in India, the practice is catching up globally. Just as surgeons can’t operate on themselves, financial advisors would do well to engage their peers to ‘cure’ their finances. One might think what’s the point hiring… Read more
Acquire more women clients by helping them overcome their fear of finance
A recent study by AVIVA Life insurance reveals that many women have started actively planning their finances. Cafemutual met with two women advisors to find out what it takes to plan for women investors. Nisreen Mamaji, MoneyWorks Financial Advisors I… Read more
Swing trading is better than Buy and Hold?
If you had asked me a question in 2008 or 9 – which was a better strategy – buy and hold or trading – I would have said buy and hold. In 2014 I am not so sure. In the… Read more
How Investors lose money?
One very important reason for people to lose money in the stock market is SELLING WHEN YOU ARE FORCED TO, NOT WHEN YOU CAN. Let us see what went wrong with one of the portfolios that I used to know…. Read more
No taxation on switching of EPF to NPS: PFRDA
PFRDA has clarified that the subscribers of EPF will not be taxed if they switch to NPS. In a circular, PFRDA said, “The amount so transferred from recognized provident fund to NPS is not treated as income for current year… Read more
Being Humble as an investor is USEFUL
When you invest in the markets there is one solid reason to be humble. At least you are not driven to suicide when you get things wrong. At all points in time you have errors of omission and errors of… Read more