Knight Frank’s 2023 Wealth Report provides a comprehensive overview of the global economic landscape and its impact on the ultra-high-net-worth individuals (net worth of US$30 million or more) and the real estate market. Here are some key insights from the 17th edition, offering valuable perspectives on the evolving wealth dynamics. A Historic Shock and the […]
Financial Freedom Meets Emotional Wealth: The ‘Die With Zero’ Approach
In a world where retirement planning often revolves around accumulating a sizable nest egg, the unconventional and thought-provoking book “Die With Zero” challenges the status quo. Authored by Bill Perkins, this book presents an alternative approach to retirement and financial planning that encourages individuals to prioritize experiences, passions, and meaningful moments over amassing wealth for […]
I Answered on Quora Everyday for 30 days
I answered a Quora question every day for the past 30 days. While it is gratifying to get upvotes and thousands of views to some of my answers, the intent behind this experiment was to improve my writing skills and hopefully help someone along the way. This post is a compilation of questions I had […]
How I Passed CFA Level 2 on the First Attempt
CFA level 2 is considered to be one of the toughest exams in the field of finance. The latest passing rate was 46% which means that more than half of those capable enough to pass Level 1 didn’t make it through Level 2. I passed CFA level 1 in December of 2019. At 30 years […]
Lessons from the Greatest Investors of our Time
Richer, Wiser, Happier by William Green is an enjoyable and insightful read. Based on his personal interviews with the best investors of our time, the author shares with us the most valuable lessons they’ve learned and gives us a glimpse into how these super investors think. This post is a summary of their insights, which […]
3 Interesting Wealth Trends in 2021
Knight Frank, an international property consultancy publishes the Wealth Report which dives into emerging trends in global wealth and property markets, annually. The 2021 edition was of particular interest to me, as I was curious to know the impact of the ongoing global pandemic on trends in wealth. Here’s a list of 3 facts and […]
Equity Valuation Models – Simplified
This post was originally published in the Feb’21 edition of FPSB Journal for Certified Financial Planners By Srikrishna, CFPCM Understanding the basic concept of value investing is simple. Buy a stock when its price is less than its intrinsic value, and hold it for the long term. Intrinsic Value, also known as fundamental value, is […]
5 Fascinating Personal Finance Stories
The world of personal finance is weird. It is perhaps the only industry, where someone with no formal experience can outperform someone with the best knowledge. Of course, part of it can be attributed to luck. More importantly though, it is not a hard science, but a soft skill. Our behavior is much more important […]
Financial Planning, Simplified – 6 Basic Tips to Do-It-Yourself
Most of my conversations with people who know that I’m passionate about personal financial planning go like this Q: Hey Krishna, Which is the best investment option right now? Me: I don’t know, never did actually. Why do you want to invest? Any specific goal? Q: Nah, just heard that stocks/mutual funds are doing good […]
Compound Interest : The Eighth Wonder of the World
Thinking in terms of Compound Interest I just gave you 1 crore rupees. You lucky You!!! Now I put a gun to your head and ask you to choose one among these 3 investment options that gives you the highest rate of return. Option 1 You invest 1 cr in an instrument that after 10 […]