Personal finance

How to decide on a purchase – the P.V.T formula

I talked a lot about budgeting, saving and investing money in the earlier posts. Budget – Grow the tree upside-down One essential comfort zone Investing in the High Five portfolio However a fact of life is no matter how hard you try, there will be big purchases. Some of them will be needs, while others… Continue reading How to decide on a purchase – the P.V.T formula

Personal finance

Beware of ripoffs

Everyone does financial mistakes, some large some small. The personal finance industry is designed to chase you for your money, for obvious reasons. The people working in this industry has to make a living and profit. Nothing wrong with it, however there are some unscrupulous greedy professionals and companies who will siphon off your money… Continue reading Beware of ripoffs

Budgeting, Investing, Personal finance, Savings

The Starter Kit

If you are just starting off with organizing your personal finance, or restarting from scratch, here is a step by step way to get started. Most of the times, we get started haphazardly, the first account in the local bank or the ad-hoc insurance policy or even the next stock tip forces us to open… Continue reading The Starter Kit

Investing, Personal finance

Emotional Investing

How are emotions and investments linked? Or should they? The two are actually intricately linked in our financial lives. Emotions define investments, and investments define emotions.  For example, most people who invest in stocks buy the next stock based on hot tips, be it from the last night party or the media channels doling out… Continue reading Emotional Investing

Investing

Investing in the High Five portfolio

What does investing mean to most people? Investing can be as complex or as simple as one wants to make it. There are many theories for constructing a portfolio and it is not easy to ascertain which would work for one's financial situation. Some common ones which are taught by most financial advisers are as… Continue reading Investing in the High Five portfolio