The Most Authentic Guide on Personal Finance and Investments


Words of Wisdom : "Try to be a rainbow in someone's cloud." ~ Maya Angelou

10 Retirement Planning Mistakes

1.   People just don’t start planning...remember time waits for no one

2.   People don’t take right professional help...friendly neighbourhood agents are chemists not doctors

3.   People don’t do proper need assessment...over-estimate expenses, under-estimate incomes

4.   People don’t account for inflation and tax...beware both are silent killers of your wealth


5.   People don’t do suitable asset allocation...the cliche 'Don't put all your eggs in one basket'

6.   People don’t do periodic re-balancing...modified cliche 'Keep re-distributing your eggs in various baskets'

7.   People don’t plan for shocks...uncertainty is the only certainty

8.   People don’t always stay invested...compounding is the 8th wonder of the world

9.   People don’t prepare for medical exigencies...bad air + bad food + bad lifestyle = bad health

10. People don’t plan for alternate vocation...retire TO something, not retire FROM something


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Ignorance is like a SIGNED BLANK CHEQUE... anyone can MISUSE it.

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