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”