On Goal Setting

Setting goals is a great motivator to get things done. Without a goal, life goes on without much excitement and nothing to look forward to or work towards. But if you have a goal that is too hard or takes too long to achieve it may actually be demotivating. How do you get out of this situation. Simple, have a long term goal and then have a few smaller, shorter incremental goals. Shorter milestones Take the case of early retirement for example. How can you keep yourself motivated if your retirement goals is some 10 or 15 years away? You … Continue reading “On Goal Setting”

Investing For Multiple Goals And Portfolios Management

One of the readers of my blog asked me how I manage multiple portfolios for various goals. They also wanted to know what platform I use to manage portfolios for family. So I thought I will expand a bit on that topic. To start off, I don’t have multiple goals. I just had and still have retirement corpus as the only goal. The portfolios I manage for my parents, wife and kid have only one goal as well. However, mine is a unique case and almost everyone have multiple goals. As I mentioned before, every goal needs to have a … Continue reading “Investing For Multiple Goals And Portfolios Management”

Goal Based Investing

So far I have been giving financial advice for the singular goal of early retirement. But many of you probably have multiple goals. May be you want to buy a house, save up for kids education or planning an international vacation in a couple of years. Whatever might be your goal, you need to have a financial plan. Each goal needs to have a different corpus, asset allocation and redemption plan. If you rather watch a video on the same topic, check out the YouTube video at the end of the post. Start with the goals If you want to … Continue reading “Goal Based Investing”

Setbacks Help You Get Started

In my last post, I talked about how I put an end to my work life and transitioned into early retirement. In today’s post I wanted to talk about how it all started.   It was the winter of 2010 when I finally decided to move back to India after an 8.5 years stint in the US. The reasons were like most other people moving back to India — to take care of parents and to be closer to friends and family. Until that point, early retirement or even the thought of retirement or saving never really occurred to me. … Continue reading “Setbacks Help You Get Started”