Our book club book of the month for February was The Millionaire Next Door: The surprising secrets of America’s wealthy. The book was written by Thomas J Stanley and William Danko and is based on a study of ordinary millionaires. ‘Ordinary Millionaire’ in the book refers to self-made Millionaires who have not inherited money. I […]
5 important Lessons from “The Millionaire next door” book Read More »
Asset classes are groups of similar instruments that behave similarly to each other. They can be bought or sold as part of an investment portfolio. Understanding the different asset classes and their properties is the start of understanding how to navigate the investment world. Most asset classes differ in characteristics and are often negatively correlated.
What Are The 4 Main Asset Classes? Read More »
Are you confused about how to determine the right investment strategy or if you have adopted the right investment style? It can be tricky to know if you are on the right track with all the conflicting information available. Your investment strategy should be tailored to your financial goals, needs, and preferences. So here are
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Which is better between buying a home and renting?. This is a no-brainer for some people because it is expected that at some point in life, they will go through the right of passage of buying a house. It is an easy process for them either because of help from family or a solid plan
Which is better between buying a home and renting? Read More »
A lot of us have different approaches to how we manage our finances. Sometimes this is an offshoot of our personality. It is possible that we are doing a lot of great things without being methodical about them. This might be the case with a lot of people who invest. A few shares and funds
How to use investing to achieve your financial goals Read More »
We read the 7 habits of highly effective people by Stephen Covey at our book club in January. Stephen R. Covey was an American educator, author, businessman who made teaching principled centered living and leadership his life’s work. The 7 Habits of Highly Effective People book has been a best-seller for years. I read it
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