The Power of Self-Discipline in Wealth Creation: How to Achieve Financial Success In pursuing financial success and wealth creation, one often comes across the concept of self-discipline. It is a trait consistently linked to achieving long-term financial goals and effective money management. But what exactly is the relationship between self-discipline and wealth? How does self-control […]
Do you need asset allocation? If you are planning to invest your money, it is vital to understand the concept of asset allocation. In investment terms, asset allocation is a strategic approach that divides your investment portfolio among asset classes such as cash, bonds, stocks and real estate. The main objective of asset allocation is […]
The Six Most Common Personal Finance Mistakes I have been practising financial planning for the past 14 years. Despite having over 25 years of experience in financial planning and wealth management, I have assisted my clients as our company’s chief financial planner, SmartMantra Financial Services Pvt. Ltd. In my professional journey, I have been fortunate […]
The Power of Diversification: Why Investing in a Variety of Assets is Crucial for Long-Term Success In investing, diversification is a concept that holds immense importance. The strategy aims to reduce risk and maximize investment returns by spreading investments across different asset classes. By understanding the concept of diversification, investors can effectively manage their investment […]
Goal-Based Investing: How to Achieve Financial Success by Aligning Investments with Your Goals Financial planning has become more critical than ever in today’s fast-paced world. As individuals, we all have unique dreams and aspirations that we strive to achieve. Whether buying a house, funding our children’s education, or planning for a comfortable retirement, our financial […]
Where Is The Best High Return Without Risk? Investors are often lured by the promise of high returns in the finance and investments industry. However, this can lead to a dangerous temptation to consider risky investment opportunities, which may result in substantial losses. On the other hand, avoiding all risks can also prove detrimental to […]
Are you ready to hear an inspiring story about financial planning? Meet Mr. Sachet Parida, a resident of Mumbai, who recently embarked on a life-changing journey towards financial freedom. In this blog, we will delve into his incredible experience with a “Comprehensive Financial Plan” and how it transformed his financial situation for the better. Fast […]