A discussion on the pros and cons of a manual systematic investment plan (MSIP), instead of setting of automating it with an ECS bank mandate. I have been practising the MSIP for a few years now and when the topic was broached recently at FB group, Asan Ideas for Wealth, I thought I will list…

Investors tend to display extreme behaviour. Most of them want the solace of risk-free returns without understanding the impact of inflation. A few who do understand this impact tend to obsess over ‘how much their portfolio made’. A look at why keeping things simple, with minimal effort and systematic investing,  is all that is required…

Banks are the pillars of any economy.They create credit, accept deposits, ensure liquidity and serve as the veins and arteries of the financial system. The dream of owning property would remain a dream, but for the loans offered by banks. Yet,  to borrow a line from cartoonist Walt Kelly, “We have met the enemy and…

‘How does one define wealth?’ is a question that I often think about, often with a tinge of sadness that there is no universally accepted definition. A compilation of attitudes about wealth based on my insignificant experience. Speaking purely from a financial point of view, wealth is the ability to tackle emergencies. When life chugs along like…

Beware! Corporate fixed deposits that offer 8.25% annual return are being marketed by prominently quoting their ten-year annual yield of 12.09%. A look at how this form of mis-selling based on a technicality. The ad says, Earn assured returns (first line – font size about half an inch) upto 12.09* % p. a.  (second line…

Here is a compilation of selected posts from the young earner category, meant as a ‘getting started’ money-management guide.  I have not made any attempt to connect the posts, but I hope the sequence should make enough sense for the reader to introspect about money management and enumerate the necessary steps to get started. This…