You are always surrounded by goldy talks in a country that’s crazy about this precious metal. Generally bought in the form of jewellery, most people don’t even consider it as an investment but as a necessity. The central banks worldwide can afford to keep reserves of gold, but should you be holding it in your portfolio? Continue reading “Gold Investments in 2016”
Mr. R was in his late 30’s and his career was flourishing. He had just quit his job at a multinational firm and joined a competitor as the Head of Department with a healthy pay raise. On a personal front, his spouse was a homemaker and his two young children were in school. He had most of his assets in real estate primarily plots of land. Continue reading “Financial Paralysis and How to Prevent it?”
Discussions about financial independence often revolve about numbers and I have thought through my first financial target. Why a target? A target for me is quantitative and measurable which would eventually lead me to my objective of being financially independent. Continue reading “Financial Independence Roadmap – Target 1”
“Being ignorant is not so much a shame, as being unwilling to learn.”
– Benjamin Franklin
When you reflect back at your financial journey, do you think ignorance played a major part in how you are placed today? Majority of us would probably agree with the above at least during the initial phase of wealth creation. Learning from my ignorance has been the biggest change that’s happened to me over the past few years. Below are some of the some simple changes that I have made as part of my turnaround.