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Personal Financial Strategy - Comprehensive Solution

Personal Financial Strategy - Comprehensive Solution

Behavioural Finance, Financial Planning, Plan your Finance

Two smart money-spinning strategies

Unconventional thinking is THE most powerful weapon in creating everlasting wealth. In other words, to become wealthy it is critical NOT to be satisfied.

I am not saying that you must be dissatisfied with your life, so much so that you get stressed. Oh no! Instead, be ambitious. We take you through two smart investment strategies to help feed your monetary ambitions.

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Behavioural Finance, Financial Planning, Plan your Finance

Two reasons you are not getting rich

“My salary is great, I save a lot of my income and make investments regularly. So, why am I not getting rich?”

If you find yourself asking this question all the time, let’s do a reality check.

In all probability, there are two reasons that get in the way of your creating everlasting wealth.

One: You think small

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Behavioural Finance, Financial Planning, Plan your Finance

How risk ready are you?

The most ridiculous question a financial advisor can ask his client is: “What is the level of risk you are comfortable with?”

Ironically, most advisors ask this. Some just ask, while some use sophisticated tools for risk profiling.

All of them, in the end, are trying to arrive at a risk quotient – something comfortable to the client.

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Behavioural Finance, Financial Planning, Plan your Finance

Want to spend more than you earn?

Everything is possible; this is truer today than it was ever before.

Today, we live in a time where we can desire to have more, can afford more and there is maximum likelihood of achieving all that we expect out of life. Following are two questions to which you must answer in the positive, not only

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Behavioural Finance, Financial Planning, Plan your Finance

What is my ‘Optimal Level’ of money?

Prakash Mehra is 58 years old. He lives in Hong Kong and is going to retire at the age of 60; 2 years from now. Upon retirement, he plans to settle down in Mumbai, his hometown. The month of October 2007 will go down as the most historic month of his life.

He has sold every

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