An investor without investment objectives is like a traveler without a travel destination – said Ralph Seger. When Alice asked the cat in the famous tale – Alice in Wonderland- where should i go. The cat says it pretty much depends on where you want to go. Alice says it does not matter, the cat […]
If you pay taxes honestly about 50% of what you earn goes off in various taxes – income, service, securities transaction, etc. Now take away another 28% in housing EMI, then another 7% in building maintenance etc. It means your government, and your house have taken away 85% of what you earn. So the 15% […]
Uma Kannan is a good friend and an ex- blue blooded MNC banker. Here she is taking potshots at her own ilk. She says when she was with the bank, she was a “rogue deal seeker” but she felt good in calling herself a relationship manager, investment adviser, associate director…and various other nice names which HR faithfully found […]
On retirement many people think they will be on a lower tax bracket. This is a wrong assumption. Your tax bracket may not change especially if you invest in bonds. So do not keep postponing interest income. You will not be on the lower tax bracket unless you create dividend income, long term capital gains, […]
Innumeracy – a lack of understanding of mathematics. It keeps happening in the media all the time. Many writers and broadcasters do not understand the difference between “what cannot happen” and “what has not happened”. Yesterday Mr. Anil Ambani was saying that he has 100 million customers – i.e. about 10% of India’s population who […]
Immaterial of whether you are in your 20’s or in your 50’s and you are looking at an investment you should know some of the basics of investing, so here it is. By and large at some stage you must have been approached by some investment advisor. He (increasingly she) must have offered you mutual […]
Uma Kannan is a good friend and an ex- blue blooded MNC banker. She calls herself a housewife, and is a great parent. Here she is taking potshots at her own ilk. She says when she was with the bank, she was a “rogue deal seeker” but she felt good in calling herself a relationship […]