We all have heard of an Equity Glide in retirement have we not? If you have say 50% in equities while at retirement …you keep reducing the equity portion in such a way that by the time you are 65 years of age you have only 35% in equities. This is the normal logic and […]
Many people have moved into their 90s and a few people going into their 100s is becoming common. Though many of us are in a denial mode, somewhere it is lurking in our minds that we could live too long. Too damn long. 120 or thereabouts!! This will mean a life time of 70 years […]
It is surprising that Indian mutual funds have not yet launched Target Date funds. It is a big money gatherer in the USA (remember Mutual funds are in the money gathering business not in the money managing business). What is a Target Date Fund and how does it work? Since we are in 2015 let […]
First of all the clarification: A person can choose to want and have less. Choosing to want and have less are not because one lacks money, but one wants some advantages of simple living like the following…. 1. Even if you choose a simple life you are still a consumer, however, you try to escape […]
I make it clear to the reluctant saver – he/she is not doing any great thing. You are just deciding to keep money in different boxes which you will open at different points in time. So it is money that you owe YOURSELF that you are now (when you are earning) keep aside so that […]
If doing the first transaction is the start of an investment career, I have completed 36 years of investing. By any stretch of imagination this is a long term. This means I have the right to have some observations over this long haul. Let me enumerate some of them: Your first step towards investing is […]
Whatever you did in your life together with your spouse, one thing you cannot do is dying!! So if you or somebody else you know has recently lost your spouse, here is a checklist: 1. For about 6 months do not take any major financial decision: you are not in a very cool / stable […]