Financial Independence, retire early and travel
We all try to teach our kids the best of values, strive to provide them the best education possible but when it comes to money, we all wait till they reach at least teenage to talk to them about it. Even the master of finance, Warren Buffett, seems to agree. According to him one should…
The corona virus/COVID-19 pandemic has caused distress to all of us. Especially people who have to pay EMIs on their loans but have either lost their job or cash flow in their businesses has reduced are finding it difficult to pay loans. As a temporary relief, Reserve Bank of India (RBI) announced that banks can…
A lot of my friends are worried these days because of the Corona virus. And not just because of the potential impact on health, safety of near and dear ones, self quarantining etc. But also because of the impact it has had on the stock market. With markets crashing globally, people are getting scared of…
It is a sad day and an immense loss for the world to lose a star like Kobe Bryant. Though I am not a basketball fan, but the only few matches I have seen featured Kobe Bryant. And it was a pleasure as well as moments filled with awe seeing what he was able to…
Rohit – You know what, I don’t think I can retire early. I think only people who earn more than Rs. 1 crore can retire early. This is not just the story of Rohit but of countless people I have spoken with. What people fail to understand is that income is the least important thing…
Happy new year to all my readers. New year is the time for resolutions, so let us take some financial resolutions for the year. The idea is to take new year resolutions for wealth creation. Wealth creation as much about a strong resolve as it is about financial acumen. So let us take a few…
“I know where to invest I just don’t have the money”, “I am waiting for my appraisal and then I will start a new SIP”… There is a long list of quotes with similar meaning that I hear from my friends. The crux is that they know where to invest but they don’t think they…
A lot of people have asked me if National Pension Scheme (NPS) is a good investment instrument or option. However, let us look at what NPS is, its variants and how it compares to PPF before I answer that question. What is NPS? NPS is a government-sponsored pension program open to employees from the public,…
You might have heard the news of auto sector slowdown in the news in India recently. The government is providing various explanations for the same and the industry is crying. One thing, however, is for sure, that there is a decline in the number of units sold in auto sector. While ups and downs are…
First of all, let me be clear, there is no sure shot way in the world to pick the best stock. Yet, many of us fall in the trap of sly stock brokers or investment planners suggesting us to buy the next Apple. However, we can surely use a few techniques to figure out intrinsic…