In the previous article, we explored an important idea: a well-designed portfolio shouldn’t change because someone predicted the market’s next move. It should change only when your financial plan changes. That naturally leads to the next question. If I shouldn’t react to markets every day, how should I actually manage my portfolio? The answer isn’t … Read more
So you’ve selected a good mutual fund. You’ve started an SIP. You haven’t missed a single monthly investment. You’ve stayed invested through market ups and downs. Surely that’s enough to achieve your financial goal… right? Not necessarily. Two investors can invest the same amount every month, earn almost identical returns, and yet one comfortably achieves … Read more
One of the most common statements investors make is: “I have a high risk appetite.” Few others say: “I am a conservative investor.” But what do these statements actually mean? How do we know our true risk appetite? More importantly, when was it tested? The Problem With Risk Questionnaires Many investors determine their risk appetite … Read more
When markets crashed in March 2020, many investors watched years of gains disappear in a matter of weeks. I wasn’t one of them !! Looking back, it appears as though I timed the market perfectly. I reduced risk before one of the biggest market crashes in modern history and then rebuilt my portfolio after markets … Read more
“Risk is what remains after you think you’ve considered everything.” — Morgan Housel When we invest, our objective is rarely to maximize returns, at least it should be that way. Because most of us invest to achieve goals that are deeply personal and emotionally important. We want to: These goals are not just numbers in … Read more