Thursday, December 19, 2019
Wednesday, December 11, 2019
Saturday, June 15, 2019
As always, Mutual fund Sahi hai has come up with another beautiful advertisement promoting direct investment in mutual fund, obviously with a caution "If you have knowledge of MF" and a disclaimer at the end.
It is a kind of ad which promotes to buy a toothpaste which you don't need to get a toothbrush free.
Have you ever thought why Virat Kohli or any of the best players inspite of being best, needs a coach. Does coach teaches them how to play, absolutely not.
Biggest role a coach plays is to guide them through their ups and downs, specially when they are performing well, that is the time they are prone to commit big mistake and hand holding them during lows.
Coach can help to see possibilities which you can't and they will make you stay focused on preparing and executing to meet the goal. They act as the lighthouse which is stationary and secure and provides a beacon to direct when you lose focus.
Investing or selecting a fund to invest in MF is not a big deal, but to stay focused and being rationale is.
That is where advisor comes handy.
A media house promoted platform is also publishing full page advertisement comparing extra money generated in 25 years, if invested directly or through MF distributor.
But the question of comparison arises if you invested for 25 years. Who will ensure, handhold and help you to make that journey of 25 years smooth.
Just seatback for a while and think whatever worth you are at today, was it possible to reach, if you wouldn't had an advisor.
*So don't be "Penny wise pound foolish".*
Just one right advise of advisor is worth much then saving few bucks by experimenting yourself.
Have a great weekend.
Saturday, March 30, 2019
The most hot topic of discussion or time-pass these days is IPL and politics.
Normally, a player have limited career. Inspite of being in form they get retired in late 30's or many a times even in mid 20's. Think of a person getting retired in 30's and kind of retirement planning he would require to live atleast 50-60 years.
Atleast for cricketers IPL came as the biggest saviour to boost their career and delay retirement.
Similar, is the case with politicians, they hardly retire. If retirement is enforced even at age of 91 years they make a headline.😜
Most of us are not a cricketer or politician or an actor, but luckily our career graph is much longer.
In the era of fast changing technology and being one of the youngest country, we might not have option to delay our retirement. As our job might become obsolete or will be taken away by an youngster.
*Skip one match of IPL or hot debate of prime time and plan for your retirement corpus judiciously during this working years, we won't have any IPL or political career to support us.*
Saturday, March 16, 2019
Summer is next door, when it comes brings sand/dust storm with it. Sandstorms usually arrives suddenly in the form of advancing wall of dust and debris may be kms long and several feet high.
They strike with little warning, but best thing is they don't last long. If not handled properly It may damage our eyes, lungs or even result in big accidents.
Similar is the case with investing. Here are also Storms of uncertainty and volatility keeps striking irrespective of summer or monsoon in India, It will strike even if temperature rises in U.S.,North Korea, Europe,China or middle east.
Whenever, such storm of news flows, instead of being reactive we should look at our needs, goals and ask big question "does it have any implication on my financial future."
If planned properly, you can sail through storm easily and reach financial destination without being hurt avoiding accidents.
So, don't make news to be *basis* of your investment decision.
Have a great weekend.