Investment word of the day: Compounded Annual Growth Rate — how to calculate CAGR and what are its limitations?
Investment word of the day: Tracking your investments is essential for understanding how your money performs over time. Skipping this practice will make it difficult to know if you’re on the right track to meet your financial goals. One effective way to measure investment growth is CAGR. What is CAGR? The Compound Annual Growth Rate, […]
How to open a mutual fund account for minors? A step-by-step guide
Mutual funds are a popular choice among investors seeking to achieve various financial goals. One of the best aspects of mutual funds is their ability to cater to goal-based investing, such as retirement, buying a house, or funding your child’s education or marriage. Investing for your children is an important financial goal. It is like […]
How To Be Wrong – A crash course in startup success
We were watching Ferrit, Telecom’s online shopping mall, turn into a slow train wreck – all while they spent millions on billboards, TV ads and even banners on Trade Me (we were happy to take their money). We were keeping a closer eye on Zillion, the first credible local Trade Me competitor to get any traction. Our […]
Merry Christmas 2024: How to be a good shepherd of your money this X-Mas? 6 Key investing lessons to learn
This Christmas, you should aim to be a good shepherd of your money. Your money, just like Christmas, can usher in a sense of celebration every festive season so long as you save and invest it properly. Here we share some key money lessons to follow which can help you become a good shepherd of […]
How to start investing right away
If you want help managing your investments but don’t want to pay a financial advisor, a robo-advisor may be a good alternative. A robo-advisor is a digital platform that uses algorithms to automatically invest and rebalance your portfolio based on your answers to a few questions about your personal circumstances. Robo-advisors offer affordable investing guidance […]
How to protect yourself from financial scams? Here are 7 ways
“Get 12% assured returns on a monthly basis!” “Earn 120% annual returns with zero risk!” These are some of the classic hooks used by fraudsters to lure unsuspecting investors with promises of extraordinary returns. Sadly, these scams often target regions with low financial literacy, like the Northeastern parts of India. Recently, Guwahati Police arrested several […]
From young investor to seasoned pro: How to evolve your strategy with life’s changes
As you move through the various stages of life, your financial needs, goals, and risk tolerance naturally change—just like the terrain you’re driving through. What worked for you in your 20s might not be the best approach in your 50s. That’s where life cycle investing comes in. It’s a strategy that adapts your asset allocation […]
Tax-efficient investing strategies: How to maximise returns while minimising tax liability?
Most investors approach us with a request that they want to invest because they want to save tax under section 80C. This is especially true during the last quarter of the financial year when they are under pressure to submit tax-saving investment proof to their organisation. Benefits of ELSS Equity Linked Savings Schemes (ELSS) is […]
Avoiding active funds? Here’s how to build an all-passive mutual funds portfolio
When you invest in mutual funds, you have the option to choose from passive funds (which replicate existing indexes without the fund manager’s intervention); or go for active funds (where the fund manager decides where to invest). While there are merits and demerits of both, often investors choose one side and then become quite vocal […]
Breaking the cycle: How to stop money worries from affecting your mental health?
Have you ever wondered, “Where did all my money go?” and “How should I plan my savings?” and found yourself spiralling into anxiety? Financial stress is a common struggle that can affect anyone, regardless of income level. Constant worry about unexpected expenses or debt can affect your mental well-being. It’s important to recognize the signs […]