First published in October 2005, Parag Parikhâs ageless book, âStocks to Riches: Insights On Investor Behaviourâ, still remains a crucial read for both aspirational equity investors and investment professionals alike. Who was Parag Parikh? Parag Parikh was a well renowned visionary investor in India. He was also a behavioural finance professional, author, and the founder…
Now, imagine the same matchâsame players, same chaseâbut this time, no one tells them the target. Just go out and bat. Sounds absurd, right? And yet, thatâs exactly how most people approach their financial goals. We invest, save, and take risksâall without knowing our own required rate of return (RRR)âthe personal target that should guide…
Peter Lynchâs iconic work, âOne Up on Wall Streetâ, provides invaluable ideas and insights for investors aiming to navigate the challenges and complexities of the equity markets. His principles, views and investing vision, though articulated decades ago in 1989, still remain profoundly significant, for both aspirational investors and seasoned professionals. Especially in today’s dynamic equity…
Many people spend their lives chasing wealth, believing it to be the ultimate measure of success. Yet, despite amassing fortunes, they find themselves unfulfilled. Is money really the key to happiness, or is there something more? Money as a measure of success In todayâs world, success is often equated with wealth and material possessions. While…
It’s challenging to deal and plan the effective management of your own money even if you feel you are financially competent. Have a look at these seven reasonable reasons why you’ll benefit from reaching out to a financial advisor regardless of where you are today in your finances and investment career: 1. Professional knowledge and…
Should you take a loan, sell assets, or start investing early? Hereâs how to navigate the financial maze of higher education smartly. The âš1 crore question You must start planning as soon as your child is born. Take a typical graduation in a premier IIT and then a post-graduation at ISB. The 4-year IIT course…
Discretionary portfolio managers have grown by âš4.26 lakh crore since then. And even mutual fund investors have discovered the power of risk-adjusted returns through categories such as balanced advantage funds ( âš2.9 lakh crore of assets under management) and multi-asset funds ( âš4.33 lakh crore of AUM). The Securities and Exchange Board of India recently…
International Women’s Day is just as good a day as any to provide strength to women and enable them to be the torchbearers of their own financial destiny. This can be done through proper planning, effective money management and thoughtful fund allocation. Now, it is a given that investing appears to be a difficult task…
Mutual funds are a popular choice among investors seeking to achieve various financial goals. One of the best aspects of mutual funds is their ability to cater to goal-based investing, such as retirement, buying a house, or funding your child’s education or marriage. Investing for your children is an important financial goal. It is like…
In fact, SIPs might be more widely recognised than mutual funds themselves. Once considered a strategy primarily for salaried individuals, SIPs have now gained popularity even among high-net-worth individuals (HNIs). While they promise discipline and long-term wealth creation, the question remainsâcan SIPs alone secure all financial goals, or is a more diversified approach needed? Understanding…
