9 Habits Help You in Achieving Your Goals

Here are nine habits that can help you become unstoppable in achieving your goals and fulfilling your potential:1) Set clear goals: Have a clear vision of what you want to achieve and set specific, measurable goals that will help you get there.2) Create a plan: Break down your goals into smaller, achievable tasks and create a plan of action to accomplish them.3) Stay focused: Stay focused on your goals and avoid distractions that can derail your progress.4) Take action: Take consistent action towards your goals, even when faced...

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Intelligent Investment Learnings in Stock Market by Madhusudan Kela

About Madhusudan Kela:Madhusudan Kela is an Indian businessman and investor from Kurud, Chhattisgarh. He was chief investment strategist at Reliance Capital until 2017. He is currently the promoter of MK Ventures and a member on Board of various companies. Madhusudan Kela frequently comments on Capital MarketsHe graduated in 1991 from K. J. Somaiya Institute of Management Studies and Research (SIMSR), Mumbai with a Masters in Management Studies. Thereafter he did equity research at CIFCO and Sharekhan. In 1994, he joined Motilal Oswal to start...

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“Rome cant be built in a day”

“Rome cant be built in a day”Same thing applies to your wealth too. In this fast changing world, everyone expects everything to happen quickly and reacts quickly.One thing which cannot change is “Slow and steady wins the race”.In  your childhood, you would have heard the race between Tortoise and Rabbit.Rabbit will move ahead and sleep as it covered large distance. Tortoise will slowly and steadily marches ahead and wins the race.SIP in mutual fund is like Tortoise winning the race. You can start a SIP and just forget it. In the sense, don’t...

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7 Tips to Improve your Financial Health during this Corona Lockdown

The world is reeling under the Corona Virus Pandemic. Many people are experiencing job losses as companies across globe shut production. Markets have also shown huge fluctuation wiping our crores of investor's wealth. Needless to say, people are concerned about their finances due to COVID-19 pandemic. With so much uncertainty around, it’s important now more than ever to focus on saving and reduce spending. During this Corona lockdown, follow some...

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10 Golden Rules of Investing

Investing does not have to be complicated and it should not be exciting either. Putting your hard-earned money to work in the financial markets is all about helping you get what you want from life while making sure you can sleep easily at night. It is not about riding roller-coasters. To invest, you need to draw up a clear plan, do your own research, build in a margin of safety by always thinking about the valuation and, ultimately, be...

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What should be your investment strategy when you are in debt?

While managing your personal finance, you may face a dilemma of giving appropriate weightage to either investment or debt since both are important aspects of your personal finance. If you ignore debt repayment, then compounding interest will quickly spiral out and you may easily get into financial distress. If you ignore investment, then you may fail to accomplish many of your financial objectives. So, it is important to maintain the right balance...

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20 Important Lessons from Rich Dad, Poor Dad

Many people work very hard in their life, few work 10+ hours a day but eventually do not save much and never get rich. Robert Kiyosaki, author of the book explains smart ways to escape this “Rat Race”. Important Lessons from the Book (Summary): 1.    For most people, their profession is their income and they live through their work to survive. For rich people, assets they maintain, invest is their income. 2.    If,...

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10 Small Money Moves That Can Have a Big Impact

When it comes to money, small changes may work better than big ones. It's because smaller bite-size changes are more likely to grow into new habits that stick. These changes may seem minor, but they can have a major impact.  Try these 10 small money moves to build habits that can have a major impact on your financial success. 1. Save a Little Sure, saving a lot would be great. But saving what you can is even better. Maybe that’s Rs....

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Asset Allocation: 5 Things You Should Know

The general saying – “Don’t put all eggs in one basket” – in itself explains the concept of asset allocation. Asset allocation is the process of deciding how to divide your investment across several asset categories like stocks, bonds/fixed deposits real estate, gold and cash. The general goal is to minimize volatility while maximizing return. The process involves dividing your investment among asset categories that do not all...

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Dos and Don’ts of Financial Planning

Good money habits are the key to financial independence. When you deal with money, you would not want to take any chances. You might do everything right with your money. Yet, you run out of luck when the financial need arrives. These basic dos and don’ts of financial planning could set you on the path to financial success. Do’s Identify Your Goals:  Successful financial planning is dependent on the financial goals you set. It is necessary...

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