Subra but size does matter

I was talking to the CXO of a mutual fund and he was telling me that it is performance of a fund scheme which should matter and not the size of the fund. Nice spin. So I turned him to another topic…and then another. Then I came to him about measuring IFA performance. He was […]

What does money REALLY do?

When you deal with rich people – and some really rich people -you realize that money does not do much in life! When people are struggling with bills to pay and work to do, they do fantasize what a lot of money can do. However, as they save, invest, and make the money grow, they […]

Bankers are NOT so smart!

When it comes to investing, you think bankers are smart? What about Chartered Accountants? What about IIT, IIM graduates? Well, there is no holy grail. I can assure you. There are some simple rules of investing – diversify, do not invest in direct equities unless you have a great broker, or are willing to learn […]

Saving is NOT the way to create WEALTH

Sorry if I am hurting your ego and what your grandparents, parents, and many others told you. ‘Saving’ is a passive act of not spending money that you have earned or inherited. That cannot make you rich. So you have got an idea to ‘invest’ it. Will investing make you rich? Well investing is a […]

Questions Smart Doctors ask me

Those following me on FB, Twitter, or reading my blog know that I meet a lot of doctors! I do have some more friends and relatives who are doctors too! And I have some clients who are doctors too…and here are some of the smart questions that they have asked me… Is there anything to […]

We need the bad years in Equity

If you take the returns in the equity markets from March, 2004, (financial year) the returns have been 83, 16, 73. 17, 18, -38, 80, 10, -10, 7, 18, 24, -11, 20 and if the index closes at 33000 this year will also be 11%. Is this good news? I am not sure. If you […]

Active management will help INDEX investors!!

Yes please read the headline again. Active management will help the index investors! Let us look at say the BSE 100 as a representative index instead of the Sensex or the Nifty. Every IFA will advise his investor to put in say 70% of his money into a large cap fund. There will be an […]