Retirement technically is used to refer to an event; the day you leave your job or hand over the reins of your business to the next in line. It is not always the case of being pushed off the demographic cliff (your company policy forces you to retire by the age of 58, for example). […]
Image courtesy: Adobe Stock Vitaliy Katsenelson, Chief Executive Officer at Investment Management Associates, wrote this post which initially appeared on his blog. The stock market is not your friend. You want to approach it the same way the American president should approach a one-on-one meeting with the Russian president: Be respectful but cautious. He might smile […]
In May 2007, John Bogle gave the commencement address at Georgetown University. He flagged it off by recalling a story, one that is fairly popular by now. At a party given by a billionaire on Shelter Island, Kurt Vonnegut informs his pal, the author Joseph Heller, that their host, a hedge fund manager, had made more money […]
Ascertaining your individual financial situation and goals is the first task in constructing a portfolio. Important items to consider are age and how much time you have to grow your investments, as well as amount of capital to invest and future income needs. While constructing a portfolio, asset allocation mix (i.e. the mix of various […]
One may invest in mutual funds with the help of a financial intermediary i.e., a Mutual Fund distributor/agent in a Regular Plan OR choose to INVEST DIRECTLY i.e., without involving or routing the investment through any distributor/agent in a ‘Direct Plan’. ‘Direct Plan’ and ‘Regular Plan’ are both part of the same mutual fund scheme, have […]