It is important to have patience while investing. But you must sell your investment when the reason for which you invested, no longer exists.
Unless you are someone who’s not interested into stock market or have suddenly gone off the grid, there are high
We all love customizations. Don’t we!? One highly underrated aspect of mutual funds is the customization they provide in terms of dividend payout Usually when we invest in stocks, whenever a company chooses to provide a dividend payout, it automatically credits on to our account.
If you are a long term investor like us, you would be amazed how this decision impacts wealth accumulation. Even small things matter. And choosing the type of mutual fund is one such one percenter (Literally) which has huge impact.
It is often advised to continue with a SIP. While that may be true, it’s equally important to make a systematic allocation of the investments.
“Live within your means.” How often have we heard this from our elders? But, are we being too risk averse? Are we holding on to the outdated advice and missing something? I certainly have few reasons to believe so.
It is important to understand the impact of taxation on your investments. The dividends and the capital appreciation on shares will be taxed.
If we succumb to our urges and break the “piggybank” and jump straight into it, we end up with a huge hit in our retirement corpus.
We are living in a world where mobility is becoming a service. Gone are the days, when buying a car was the ISO accreditation equivalent of doing well in life. do we really understand the economics of owning a car and more importantly do we really need a car?
In the long run, by investing only in fixed deposits , you end up not only losing out on higher returns (read opportunity cost) but your capital also gets eroded. Isn’t that a shocker? Losing money? In fixed instruments? You probably are wondering what we are smoking. But…