Opportunity Cost of Investment Delay
Dear Friends, I was reading a financial magazine yesterday that carried this simple message of “Opportunity Cost of Investment Delay” which I thought I will illustrate with an example of my own. The message is not something that we are unaware, but the impact that it creates with an illustration is immense and thought provoking. Ajay and Vijay are friends of the same age and wanted to start saving for their retirement at the...
Don’t Mix Insurance and Investment
Dear Friends, Hope you had a delightful and safe Diwali! When I do Financial Planning for my clients, there is one common phenomenon that I observed which I wanted to share with you. Almost everyone (including me, I bought a LIC Jeevan Shree policy in 2000 when my financial prowess was relatively less) has been persuaded to purchase either a whole life or money back or endowment policy from LIC. There are a few...
Allure for Real Estate
Dear Friends, A very good day to all of you on this precious day, our beloved Mahatma’s Birthday! I received several requests from investors and well-wishers to share my views on real estate investments and I thought that I will share my views on this topic. Indians are passionate when it comes to purchasing physical assets, especially gold and real estate and hence these 2 asset classes form a considerable portion of ones portfolio...