Many times, we come across a situation where we don’t start a project because we feel that we don’t have time for the same.  There is a Japanese proverb which says that Journey of thousand miles begin with one single step”.  The idea is if we feel the project is big enough, we may break it with small tasks and start executing the tasks one by one. 

Similarly, many people don’t start investments because they think that for making investments one needs to be wealthy. On the contrary, for being wealthy, we need to invest. Now, if we don’t have enough money to invest, we can invest step by step with Systematic Investment Plan where we can start investing SIP by SIP.  Here again, the most important step is to begin first.

"You can't go back and change the beginning, but you can start where you are and change the ending."- as said by C.S Lewis.

Franklin Templeton AMC has announced Voting for monetization of its 6 of its wound up Debt schemes.

I've discussed some of the money myths. 

Please listen to them.

If I say the gold price has not grown today from the level of the year 2012, will you agree?

Let me explain it.

When it comes to securing our family for ensuring that they maintain the lifestyle throughout, it is important to choose the right financial vehicle.

What takes in the selection of Mutual funds? It is not just the returns of the mutual fund that matters in the selection of mutual funds. Mutual fund selection includes analysis of the consistency of returns, fund house goodwill, the efficiency of its risk management teams, fund manager’s experience and expertise, their research team.

What is the requirement of getting the best result in the investments? The result of the investment depends 2% on market timing, 5% depends upon equity selection and rest the major 93% depend upon portfolio allocation

I discussed the two principles of giving resulting in we developing an attitude of gratitude and ensure our social health.

With this, we can be on the right path of abundance. 

Above all, we receive happiness as a bonus. 

So go ahead and plan your givings and experience that bliss in giving.

A question may arise in your mind that:

If you happen to have just received an annual bonus or any other lump sum payment, should you use it to prepay your loan?  or, should you invest it to meet some other goals?