Kavitha Menon's Blog

Money may only be a resource for achieving your life's financial goals, but an important resource it is. Inflation reduces your money's worth, making you poorer slowly but surely. With food prices once again making newspaper headlines, beating inflation is on the agenda of every citizen .Let me help you with some tried and tested tips to beat this monster. 1. Know your expenses: Generally I advise clients to break expenses into critical, important and discretionary. While spending on the former two are necessary, the discretionary expenses can be cut. So while groceries and electricity bills are critical expenses, the yearly family holiday is important while the bigger expensive car is a discretionary expense that can be avoided or postponed.  For planned expenses make a budget. Easier said than done, but a budget makes a big difference to savings during times of inflation. It will help you allocate money to the right expenses. Take an example of food expenses .How often

Kavitha Menon | Being a part of the Wealth Management Team, "Long term" is a word generously sprinkled in all our conversations with clients. Unfortunately more often than not client's perception of what 'long term' means is different from ours. We have heard various versions of the same, none of which does justice to this wonderful concept that adds the power of compounding to your equity portfolio and can create a substantial pool of wealth for self and progeny. Many investors complain about lost opportunities because they are long term investors, while many proudly produce fabulous returns using the same strategy. Let's see when long term isn't what it is made out to be. "I only buy and never ever sell" – Long term investing, hardly means that you keep a company forever irrespective of fundamentals. Even long term investors SELL and it is not because they are trying to time the markets but it is because they believe that the price of the