There are many reasons why you need to plan. Let us enumerate some of them: To protect you and your family against financial risks – financial risks include early death, critical illness, accidents reducing your ability to earn, living too long, etc. To reduce or eliminate personal debt – too many people spend with money […]
Are you in Denial mode regarding your retirement financial needs? I cannot comment for every one, but too many people are in denial about their financial needs for retirement. Most of us do not want to accept that we will buy 3-4 washing machines, air conditioners, refrigerators, maybe about 2-5 cars, at least one or […]
The distributor of financial products – Call him an agent, advisor, consultant, …or what have you, but he is representing the manufacturer and has a role to play. Clients should expect good quality feedback on the happenings, not necessarily express speed. All websites today carry an article on the RBI rate policy. Expect a detailed […]
To do charity you need to have a heart. Once you realize that you have a heart, you can give. I have always felt that it is easy to give what you have (goods) rather than the money that you have! That is why it was easy for EID Parry to give a temple all […]
This is the time that most retail investors lose patience, panic and hit the sell button. If you did that, you may not be wrong. But then you may not be right either. Remember the best money managers (no not a businessman like Warren Buffet) have done well by protecting the downside in their clients […]
Many experts in the market now have a view on the market. This is of course only to be expected is it not? It is like when you thrust a mike in front of a person, suddenly he becomes a wise man (person?). Mr. Ken Fisher who is himself a great fund manager and the […]
At the India Equity show there were many speakers. One of the good speakers was Mr. Nilesh Shah, CIO, and Deputy Managing Director of Icici Prudential asset management company. He of course is a good speaker from the understanding point of view – his examples are always related to food though :). When he talks […]