Posts tagged with "goals"
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....continue reading
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 different portfolio....continue reading
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....continue reading
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....continue reading