I am not getting into the legal part of who is a financial planner, who is a mutual fund distributor, etc. I am assuming that you have an individual who is helping you invest in direct shares or mutual funds or a combination of financial and real assets and you need to know what to […]
When you choose a career do you expect to get rich overnight? It took a lot of effort for most rich people to get where they have, have they not? I do not see any reason why people should THINK that they will get returns exceeding 12-15% p.a. in their stocks portfolio. Of course there […]
Prof. Kavi Arya (son of world famous photographer Jitendra Arya) teaches at Mumbai IIT and runs a very nice program. He gets kids in Second Year Engineering to write an exam..and after a lot of elimination selects 36 of them to work on embedded technologies. So all these kids work on robots, drones, …..and have […]
There is one person who is rarely quoted in Financial Circles. He is George Bernard Shaw. He said “Whenever I go to my tailor, he measures me up”. I wish all of us would do it! Once we decide on a particular thing we do not let new facts change our minds. We carry prejudices […]
I was a little sceptical to do a session on a working Monday. However, namma Bangalore was kind enough to oblige me with a full house – and about 70 people came to attend the session titled ‘Goal Based Investing’. Fairly obviously I covered Goal based investing – and I always run out of time […]
This is not very easy to answer, but let me try to answer this….. An agent makes much more money in selling you an endowment plan – and promising you tax free returns than in selling you a pension plan. However, all the commission is made in the accumulation phase. When an agent recommends an […]
I was fast walking with a guy who is married to a girl I know. So in a sense I know the boy too, but I know the 31 year old girl for the past 10 years and I know the boy for about 4/5 years. That’s the background. When we went a little uphill, […]