In this episode of ‘Learn with RG’ you will learn that while money can mean different things to different people, it really should not define your sense of self-worth. You are more than the money that you earn. Join us personal value and finances, with a special focus on investing. Key takeaways:·   It is often said that money can’t buy you happiness. Well, this is only half true. While money itself cannot buy you happiness, it does serve as a means to an end. Happiness comes from achieving your goals – some of which come from personal achievements and some of which need to be acquired with money. ·  The way parents and children interact about money is now changing. Those who are currently in their 40s and 50s, were brought up in an India of scarcity. Money had a different definition for them. On the other hand, our children are growing up in an India of abundance. Inevitably, their relationship with money is going to be different. ·  Gratitude and greed: It is said that no amount of money is too much money, which means that it is never enough. However, one thing that can help you feel satiated about money is having gratitude. Always be grateful for what you have and remember that there are always 5-10 people behind you. At the same time, always avoid being greedy and avoid the ‘thoda aur’ attitude.

In this episode of ‘Learn with RG’ you will learn why it is important to start investing for your children as soon as they are born.Key takeaways:·  Start building your child’s investment portfolio early: You must start investing for your child as early as possible – maybe even as early as one month. Best to start getting the paperwork done and then choosing investments that align well with your chosen goals and timeframes. You must remember that starting is the most important factor. Even if the amount is low, you must start and then increase the amount based on your income. Don’t worry about not being able to accumulate the entire corpus. Instead, focus on starting the journey.·  Know your destination before you choose the path: When it comes to any sort of planning, you start with knowing your destination and then chalking out the path. Financial planning is similar. When you start investing for your child, first take a step back and identify the goal. ·  Try articulating your goal in a measurable manner: Generally, saving for education takes top priority for most parents. After all, every parent wants to give their children quality education and we all know that the cost of education is only increasing every year. So if you want to save for your child’s education it will be good to know how much money you need to save. A great starting place would be the current cost of higher education in India and abroad. Your target corpus should be equal to or slightly higher than that number.·  Periodic reviews are essential: If you are starting early, most of your goals would be long-term in nature. For example, investing for your child’s education is at least a 15-18 year goal. Thus, it becomes important to periodically review the portfolio to ensure that the portfolio continues to meet your requirements and is taking you closer to your goal. Also keep in mind that the reviews need to be well paced out, maybe every five years.  An investor education initiative by Edelweiss Mutual Fund. All Mutual Fund Investors have to go through a onetime KYC process. Investor should deal only with Registered Mutual Fund (RMF). For more info on KYC, RMF and procedure to lodge/redress any complaints – please visit on https://www.edelweissmf.com/kyc-norms MUTUAL FUND INVESTMENTS ARE SUBJECT TO MARKET RISKS, READ ALL SCHEME RELATED DOCUMENTS CAREFULLY.

In this episode of ‘Learn with RG’ you will learn why it is important to start your investing journey when you are young but still have enough to enjoy your short-term goals. Key takeaways:·  Start investing early: The most powerful choice that you can make in your financial planning journey is to start early. When you choose to start early you are choosing to benefit from the power of compounding – something that can help you grow your wealth. ·  Create a customized asset allocation strategy: Standard asset allocation rules like 100-age for equity allocation don’t really work. Your risk profile is not just dependent on your age. There are several other factors like your asset size, your liabilities, income, etc., which help to determine your risk profile and consequently, your allocation to equity.·  Everyone needs a contingency fund: Life can be highly unpredictable, a lesson that we all learnt recently when the COVID-19 pandemic hit us. It is during these times that we need to break our investments – something that can often derail our financial planning journey. A contingency fund can help you navigate unexpected circumstances without derailing your financial planning journey. · There are no thumb rules in life: We all grow up learning several thumb rules which we are expected to follow. However, it is important to understand that you are a unique individual and the solutions that might be perfect for your neighbour may not benefit you apply. ·  SIP is a very powerful tool: A Systematic Investment Plan (SIP) can help you save money in a disciplined manner and take advantage of both the power of compounding and rupee cost averaging. The best part is that you can start an SIP with as low as INR 500 and increase the amount as your income and ability to save increases. This way you can start your investing journey as soon as you start earning. ·  Have a bi-focal approach: Enjoy and spend on short-term goals but also continue to invest for the long-term. Often people think that saving means no enjoyment. However, as long as you have a proper plan in place, you can save, invest, and enjoy your savings.

We are all looking for our niche – our area of expertise and comfort. And, once you find it, you want to hold on to it and follow it repeatedly. Then why should your financial plan be any different. The only caveat is that it takes time to find the block that completely fits you, which is why this approach is well-suited for you if you are closer to your retirement years. You ask why? Listen to our podcast to understand this relationship better. Key takeaways:·   When you get to your 50s you have a better understanding of your risk profile, the investments that make you comfortable, and your exact goals. You know what works for you and what doesn’t. ·  Thus, there is no need for you to experiment with new approaches to investing and get adventurous with your financial plan.·  At this juncture, all you need to do is consistently follow the approach that has served you well in the past and will serve you well in the future. You can listen to the podcast on the Edelweiss Mutual Fund website, Spotify, Google Podcasts, and Apple Podcast. We hope you enjoyed this podcast and will tune in to listen to more such podcasts on investing nuggets.

It is often said that art reflects our lives and that artists showcase the practices and cultures prevalent in their times. However, that is not the only way art reflects our lives. Art is intricate and requires both patience as well as discipline. Sounds similar, doesn’t it? Well, investing is also something like that, especially if you are someone in your 30s who has very nuanced and intricate needs. Listen to our podcast to understand this relationship better. Key takeaways:·  When you are in your 30s, your circumstances change quite significantly. Your needs become more nuanced, your income most likely starts increasing along with your liabilities, and you need to start thinking about the short-term, medium-term, and the long-term.·  Thus, the investment plan you make needs to be intricate and reflect these nuances. ·  At the same time, you need to adopt a great deal of patience and discipline.  You can listen to the podcast on the Edelweiss Mutual Fund website, Spotify, Google Podcasts, and Apple Podcast. We hope you enjoyed this podcast and will tune in to listen to more such podcasts on investing nuggets.

Art and life are forever entwined. Many of you enjoy art, admire the work of various artists, and perhaps even invest in art. Then there are some of you who are probably artists as well. While art brings both your imagination and reality to life, it can serve another very interesting purpose. It can guide you in your financial planning journey. Listen on to understand this further.Key takeaways:· When you start your investing journey as a young individual, you need to understand that your needs, goals, and ability to take risk is different from those of your friends, colleagues, and family.· Similarly, every investment also has a unique risk and potential to generate returns· You need to ensure that you take advantage of the different types of investments available while staying aligned with your risk profile and return requirements.You can listen to the podcast on the Edelweiss Mutual Fund website, Spotify, Google Podcasts, and Apple Podcast. We hope you enjoyed this podcast and will tune in to listen to more such podcasts on investing nuggets.

Blessed are those who have great and reliable friends in their lives. But, just like Moneybhai, do you sometimes wonder whether it is better to have just one best friend rather than many friends? In this third and final episode of our podcast series titled ‘Money bhai ke rishtey’, we see how Moneybhai is struggling to choose a best friend and the advise that Subhichintak gives him to deal with this! Key takeaways:·  Natkhat equity is a great friend to Moneybhai and has always been with him over the long-term. But spending time with her can sometimes feel like a roller coaster ride with lots of ups and downs. ·  Bharosemand debt is a solid friend on whom Moneybahi can always depend. But he can also be very boring and slow sometimes. ·  Chapal hybrid is a new but reliable friend to Moneybhai. He provides both support and excitement. Lekin Moneybhai has not known him for very long. ·  It might be better to have a group of different friends who bring something unique to your life rather than have only one best friend.You can listen to the podcast on the Edelweiss Mutual Fund website, Spotify, Google Podcasts, and Apple Podcast. We hope you enjoyed this podcast and will tune in to listen to more such podcasts on investing nuggets.

Relatives! What can you say about them. Sometimes you love them and often you can’t stand them. Just like you, Moneybhai also has some relatives who really bother him. Leading this list of annoying relatives is Mahangai masi. She is always troubling Moneybhai and reducing his value. In this second episode of our new podcast series titled ‘Money bhai ke rishtey’,  we see how Moneybhai can deal with Mahangai masi and maintain his value. Key takeaways:·  Inflation has a great impact on the price of things. As inflation rises, the price of the things that you buy ranging from fruits and vegetables to cars, starts rising. ·   A great way to deal with inflation is to invest in equity mutual funds. They generally tend to grow over a longer period of time and have the potential to deal with the price increases that come with inflation. ·   One important thing to remember about equity mutual funds is that in the short term they can go both up and down and can thus bring a bit of stress. The goal should be to stay invested for the long term since over a period of time, these ups and downs smoothen out. You can listen to the podcast on the Edelweiss Mutual Fund website, Spotify, Google Podcasts, and Apple Podcast. We hope you enjoyed this podcast and will tune in to listen to more such podcasts on investing nuggets.

Moneybhai or Money as you would know it, is a constant in all lives. You need Moneybhai in your good times and bad times. The thing is that while Moneybhai is always there to come to your rescue, there are some things or some people that trouble Moneybhai. One of them is volatility aka ‘Volatility chachi’ whose very sight makes Moneybhai sweat. In this first episode of our new podcast series titled ‘Moneybhai ke rishtey’, the good Samaritan ‘Subhchintak’ helps Moneybhai deal with Volatility. Key takeaways:·   Volatility troubles everyone and is almost unavoidable. Thus, instead of running away, the best thing that you can do is take some steps to deal with it. ·   One way to deal with volatility is to manage your own behaviour. There is no need to get reactive every time volatility comes knocking at your door. Instead, you should control your emotions and actions.·   Two, you should consider investing in a Balanced Advantage Fund. Volatility has very little impact on Balanced Mutual funds as they are designed to take advantage of the ups and downs of the market through both equity and debt investments.You can listen to the podcast on the Edelweiss Mutual Fund website, Spotify, Google Podcasts, and Apple Podcast. We hope you enjoyed this podcast and will tune in to listen to more such podcasts on investing nuggets.

We are all biased people, easily influenced by other people or even our own experiences. These biases can influence your ability to make the right decisions and even come in the way of you achieving success. The best thing is that these biases can easily be addressed through small nudges and disciplined practices that push you in a certain direction. However, you must be mindful that nudges can push you in the right or wrong direction.SummaryIn the book, “Nudge: Improving Decisions About Health, Wealth, and Happiness’, authors Richard H. Thaler and Cass R. Sunstein explore how we make different choices and suggest how we can make better decisions. Listen to this Podcast by Edelweiss MF to learn how you can make an optimal investment checklist. Key takeaways:·  Decisions that you as an individual make are impacted by biases and different sets of information·  Anchoring, overconfidence, status quo bias, and familiarity are all examples of biases.·  On the other hand, nudges can also influence and push you towards both right and wrong decisions.·  Anything from the way a certain argument is framed to marketing and social media influencers can act as a nudge·  In investing, the Record, Evaluate, and Compare Alternative Prices (RECAP) framework can act as a good nudge.The book really is revelatory and can make you stop and think the next time you are about to make a decision. You can listen to the podcast on the Edelweiss Mutual Fund website, Spotify, Google Podcasts, and Apple Podcast. We hope you enjoyed this podcast and will tune in to listen to more such podcasts on investing nuggets.

If you recall, from childhood you are told that your behaviour can impact the course of your life and determine whether you are successful or not. Interestingly, your behaviour can have a similar impact on your investment journey as well and determine whether or not you achieve your financial goals. Further, while you can always get a job and earn money, it is the way you save and invest that will determine how that money will grow and for how long you can keep that money. Morgan Housel, in his book, ‘The Psychology of Money’ beautifully explains how your behaviour and experiences can have a large impact on the investment choices you make and on how your investment journey finally shapes up. Key takeaways:·   In the world of investing, how you behave is more important than how smart you are. ·   It is not enough just to know how to do something. Execution is the key. ·   Greed can become a big problem since in your attempt to earn more returns you might end up taking more risk than you can afford.·   Creating wealth is easy, but keeping it is very difficult. ·   The only way you can save and grow your wealth is by investing in a steady and consistent manner and taking investment decisions that are free of bias.Housel’s book tells you how you can easily maintain your wealth just by managing your behaviour. You can listen to the podcast on the Edelweiss Mutual Fund website, Spotify, Google Podcasts, and Apple Podcast. We hope you enjoyed this podcast and will tune in to listen to more such podcasts on investing nuggets.

The general thought process is that if you want more returns then you must take more risk and alternatively, if you want to avoid risk then you should stay away from the stock market. Unfortunately, this is not always true and worse, this belief can come in the way of you getting rich. The most important thing that you need to know is that you can invest in stocks and embark on your wealth creation journey. The only thing is that you need to do this in a disciplined and focused manner. SummaryIn this Edelweiss Money Konnect book summary podcast, we discuss the gems hidden in Jim Cramer’s book, “Get Rich Carefully’. In the book, the author draws on his unparalleled knowledge of the stock market and shares the lessons that he has learnt over the years to explain in a  simple and engaging way how every investor can get rich with a prudent and methodical approach. Key takeaways:·  The high-risk and high-return belief does not always hold true. You can generate good returns while taking prudent levels of risk. ·   Stock market investing can also be high-return and low-risk as long as you follow a disciplined and prudent approach to investing·   The most important aspect of a company is the people who run it. Which means that you must invest in companies that are led by ‘bankable’ people. ·   In addition to company specific metrics, you must also focus on macro-economic trends that can play an important role in shaping the future of a company. ·   Before you make the decision to invest in a company, you must do adequate research.·   The best kind of investor is the long-term investor. Cramer’s book tells you how it is easy for you to ‘get rich’ as long as you are disciplined and prudent about the way you invest and manage your money. You can listen to the podcast on the Edelweiss Mutual Fund website, Spotify, Google Podcasts, and Apple Podcast. We hope you enjoyed this podcast and will tune in to listen to more such podcasts on investing nuggets.

Life is really a series of lists. You make shopping lists, school holiday lists, things to do lists, and so many more. The thing is that lists keep your life on track. They ensure that you do not miss out on the important stuff and give you peace of mind. If you have a list ready, then you don’t need to constantly keep track of things in your mind. For all these reasons, an investment checklist is something that you should actively consider making to improve your ability to make optimal investment decisions.Summary:In his book, “The Checklist Manifesto: How to Get Things Right’, author Atul Gawande talks about the importance of having a checklist in almost any discipline and how it can help you in your financial decision making journey. Listen to this Money Konnect Podcast by Edelweiss Mutual Fund to learn how you can make an optimal investment checklist.Key takeaways:Human beings often make flawed decisions since they let their decisions get influenced by emotion.You can avoid many of these flawed decisions simply by becoming disciplined about the decision making process.The solution lies in adopting a checklist approach.You make a checklist of the important variables that can have a key impact on your decisions and then ensure that before making any decision you consistently and regularly follow the checklist.A good checklist can be particularly helpful in making optimal investment decisions.Many investment experts like Warren Buffet and Mohnish Pabrai follow the checklist approach to investing.Atul Gawande’s book really highlights the importance of making an investment checklist and sticking to it. You can listen to the podcast on the Edelweiss Mutual Fund website, Spotify, Google Podcasts, and Apple Podcast. We hope you enjoyed this podcast and will tune in to listen to more such podcasts on investing nuggets.

If someone were to ask you what is the opposite of fragile you would automatically say antifragile. Thus, if fragile means that something breaks easily then antifragile should ideally mean something that does not break easily. Interestingly, that is not quite accurate. Antifragile is not something that does not break. It's more than that. It's something that benefits from pressure. If you build an antifragile business then you will not only be protected during adversity but will also be able to benefit from it. Summary:Nassim Taleb, in his book, ‘Antifragile’ talks about the different systems that are currently there in our society. Some are fragile, some are robust, and some are antifragile. Listen to this Podcast by Edelweiss MF to learn about antifragile systems and how you can create such systems.Key takeaways:·   Antifragile systems are well-positioned to benefit from external shocks and volatility·   If you create an antifragile system then you will be able to face adversity and bounce back from it, maybe even finding opportunities to turn the adversity into a benefit.·   Nature and human bodies are examples of antifragile systems as they have persisted for millennia.·   Work and industry sectors can also be divided into fragile, robust, and antifragile. People who are mid-level executives at large firms are extremely fragile as their work depends on their reputation.·   To both survive and thrive, you must build an antifragile ecosystemTaleb’s book opens your eyes to a whole new approach to dealing with adversity and identifying areas of opportunity. You can listen to the podcast on the Edelweiss Mutual Fund website, Spotify, Google Podcasts, and Apple Podcast. We hope you enjoyed this podcast and will tune in to listen to more such podcasts on investing nuggets.

The two things that drive all markets are greed and fear. Unfortunately, both of these can impact your ability to make good investment decisions. The key is to be fearless under all circumstances just like Bahubali (the character) and not greedy like his brother, Bhallal dev. Bahubali showed great courage and valour and similarly, investors should have the courage and patience to stay invested for the long-term and not fear short-term market movements. In this podcast series, Edelweiss Mutual Fund, in collaboration with Saurabh Jain, brings to you simple yet important life and financial lessons with a dash of Bollywood tadka.  Key takeaways:·  Just like you don’t jump off every time the rollercoaster goes down, you should hold on to your investment when the market goes down.·  Follow the famous saying by Warren Buffet, ‘Be greedy when others are fearful, and be fearful when others are greedy’. ·  Courage and the ability to be fearless can help you create a strong long-term portfolio. You can listen to the podcast on the Edelweiss Mutual Fund website, Spotify, Google Podcasts, and Apple Podcast. We hope you enjoyed this podcast and will tune in to listen to more such podcasts on investing nuggets.

Over the years, there are many things about the stock market that have changed. At the same time, the way you save and invest has also gone through a transformation. In this Edelweiss Money Konnect podcast episode, Radhika Gupta, MD & CEO of Edelweiss AMC has an in-depth conversation with Anil Singhvi, Managing Editor, Zee Business about how markets have evolved and the best way forward for investors.Key takeaways:·  Markets have evolved over the last 3 decades and are now safer, more transparent, and offer more opportunities for investment.·  Investment opportunities and methods have changed over time. Your portfolio should also change with the times. This means being aware of new opportunities, including international investments.· Inarguably, volatility can be challenging. The moment investments become long-term, the investing journey becomes easier. Be patient and ignore short-term volatility.· If your target is to make money while ensuring a degree of safety, then mutual funds can be an ideal investment vehicle. You get the benefit of expert fund managers so that you can do your job while they do theirs.You can learn about more such interesting investment principles on the Money Konnect Podcasts available on the Edelweiss Mutual Fund website, Spotify, Google Podcasts, and Apple Podcast. We hope you enjoyed this podcast and will tune in to listen to more such podcasts on money management.

You can watch as many DIY YouTube videos as you want, but do you really think that they can help you achieve the success you desire? Probably not. Success in any field, sports or finance is a mix of discipline and the right guidance. In the movie Chak De, the team was able to win only because they were committed, disciplined, and had a great coach like Kabir Khan to guide them. Similarly, if you really want to achieve your financial goals then you need to be committed, disciplined, and seek the right guidance from a financial advisor. In this podcast series, Edelweiss Mutual Fund, in collaboration with Saurabh Jain, brings to you simple yet important life and financial lessons with a dash of Bollywood tadka.  Key takeaways:·  Whether creating a sports team or an investment portfolio, a perfect mix of team members or investments, respectively is required to achieve success. ·  An advisor can improve your investment journey by helping you manage your asset allocation and your emotions. ·  Systematic Investment Plans (SIPs) are a great way to reap the long-term benefits of equity investing. You can listen to the podcast on the Edelweiss Mutual Fund website, Spotify, Google Podcasts, and Apple Podcast. We hope you enjoyed this podcast and will tune in to listen to more such podcasts on investing nuggets.

As human beings, we are wired to desire success. At work, at home, in relationships, in your investing journey, and just about in every aspect of your lives, you have only one goal and that is to achieve success. The best part is that by following a few simple rules and principles, you can easily achieve the success that you desire. Summary:‘Principles: Life and Work’ one of the most talked about books of our times, author Ray Dalio lays out a set of comprehensive principles designed to help you achieve success in your personal as well as professional lives. Listen to this Podcast by Edelweiss MF to learn how you can embrace the principles of achieving success.  Key takeaways:·  You need to identify patterns in your life and try to make sense of them.  ·  To be successful in life you need to be a hyperrealist – this means that you need to combine big dreams with reality and determination. ·  A critical part of being successful is to make mistakes and then learn from them.  ·  Always be open-minded and pay attention to other peoples’ perspectives as well.·  Never stop your learning journey. ·  The two most important cogs in the organizational wheel are the culture and its people.·  Establish an open and transparent culture where people are not afraid to share ideas, make mistakes, and learn.·  Understand that hiring the right people is integral to the success of the organization.·  Treat your people with respect and encourage an environment of open communication·  A robust governance structure ensures that everything functions smoothly and fairly.Ray Dalio’s book is instructive and easy to both understand and embrace. You can listen to the podcast on the Edelweiss Mutual Fund website, Spotify, Google Podcasts, and Apple Podcast. We hope you enjoyed this podcast and will tune in to listen to more such podcasts on investing nuggets.

You must have definitely heard of the adage ‘Rome wasn’t built in a day’. Similarly, do you know that great sportspeople or even robust portfolios are not just created overnight. When we think of the Flying Sikh, Milkha Singh, we only think about his many medals. But, if you dig deeper and look beyond his medals, you will see years of hard work, commitment, and perseverance. Similarly, if you want to build a robust long-term portfolio and achieve your financial goals, then you must be committed and disciplined like the Flying Sikh. In this second episode of our new podcast series ‘Cinematics of Investing’, Edelweiss Mutual Fund, in collaboration with Saurabh Jain, brings to you simple yet important life and financial lessons with a dash of Bollywood tadka.  Key takeaways:·  The journey to success is a step by step process much like investing which must be divided into time frames like short-term, medium-term, and long-term. ·  You must set SMART goals that can be clearly understood, defined, and measured. ·  For any plan to succeed, financial or otherwise, you need to commit to it and stay committed until you achieve it. You can listen to the podcast on the Edelweiss Mutual Fund website, Spotify, Google Podcasts, and Apple Podcast. We hope you enjoyed this podcast and will tune in to listen to more such podcasts on investing nuggets.

Many people are highly affected by the You Only Live Once (YOLO) phenomenon. They believe that just because zindagi na milegi dobara, they should spend their money enjoying their today rather than saving for their tomorrow. Also, not many people understand the impact of lagaan on their incomes and know that there are ways by which they can reduce this impact. In this first episode of our new podcast series ‘Cinematics of Investing’, Edelweiss Mutual Fund, in collaboration with Saurabh Jain, brings to you these simple yet important life and financial lessons with a dash of Bollywood tadka.  Key takeaways:·  We are all victims of lifestyle inflation which dictates that as our income increases or simply as time passes, our lifestyle becomes more expensive. ·  While it is important to enjoy your life today and spend money on consumption, it is equally important to invest for a safe and secure tomorrow. ·  Tax planning is an important part of financial planning. You can easily minimise the ‘lagaan’ on your income through astute tax planning. You can listen to the podcast on the Edelweiss Mutual Fund website, Spotify, Google Podcasts, and Apple Podcast. We hope you enjoyed this podcast and will tune in to listen to more such podcasts on investing nuggets.