Personal Finance

Refusing to when the facts have changed is. “Why are you asking one client to stay invested while asking another to churn his portfolio?” That question came from a wealth manager interning with us during one of our portfolio review meetings. Earlier that morning, we had advised one client to do absolutely nothing. His portfolio was progressing as expected. The funds continued to justify our original thesis, so our advice was simple. Stay invested. Time is still your bigges

Because the financial advice that protected one generation can quietly limit the next. A client recently asked us, “What are the financial rules you live by?” He answered without pausing. Never take a loan unless you have to. Always buy property when you can. Never sell equity in a falling market. Keep two years’ expenses in cash. A younger client shared something quite different. “I follow my dad’s advice, but half of it doesn’t seem to apply to me anymore. I just don’t

Recently, I met two young couples within a few weeks of each other. The first couple had been married for over seven years. They had a young son, another child on the way, successful careers and a sizeable investment portfolio. Their finances were well organised and spread across multiple assets. Yet they appeared stressed and exhausted. The second couple had been married for three years. Both were earning well and had begun building their financial lives together. They had

In one of our meetings, a client recently asked: "The rupee keeps falling. Should investors be worried?" Every time the rupee weakens, headlines become more pessimistic, social media fills with predictions of economic trouble, and many investors assume a falling currency automatically signals a weakening nation. But currencies are often more complicated than they appear. Markets frequently confuse movement with meaning.

Trust the Habits, Not the Ambitions A few evenings ago, while watching the ongoing IPL with a friend, we started discussing huge sums young cricketers earn today. “Imagine being 22- 24 and suddenly signing a ₹10 crore contract,” he said. But the conversation was not really about cricket.

I recently met my maternal uncle, along with his wife and elder son, at one of those small get-togethers, the kind where conversations start with food and somehow end with philosophy. At some point, the discussion drifted to money. More specifically, ideas like “die with zero” versus succession planning. His view was simple: leaving behind too much money could dilute his children’s drive and ambition. Quoting Charlie Munger, I told him it might.