To manage your money properly, you must tread carefully around the minefield of prevalent investment myths. In this series, I try to debunk all such myths and misconceptions so that you can avoid jeopardizing your finances. In this article, I will talk about the common rules of thumb of personal finance and the dangers of […]
In this post am going to debunk the myth that “age plays a central role in investment allocation”. You must have heard the rule of thumb: “Your allocation in bonds should equal your age” or “Your equities allocation should equal 100 minus your age.” Following the above rule of thumb without taking other parameters into […]
Second post in my investing myths debunked series. The following pertains to physical gold in the form of jewellery or bullion. The myth that gold is the best and safest investment option is deep-rooted and hard to override. It is tough to convince people otherwise in a gold obsessed nation like India. Indians are just […]
Welcome to my investing myths debunked series. Here’s the first part. You can see all the posts in this series here. People complain that they can’t save or invest because they don’t have enough money. They keep waiting for that big change that will somehow make them rich overnight, but refuse to make small changes […]
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