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Why a Personal Financial Plan is called Personal?
Just as somebody else’s medicine could kill you, so also somebody else’s financial plan could spell Hara Kiri. Let’s say you’re planning to eat at a restaurant. You read a magazine article about someone who had a great time at a fancy upmarket eatery. The Hors d’oeuvre looked fantastic. You go — and the food … Continue reading
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How to invest in various asset classes in 2012 It is difficult to say whether the markets will perform better in 2012. To select an asset class on the basis of market outcome could be disastrous. It would be better to do asset allocation on the basis of investors’ risk profile and financial goals. As … Continue reading
