Regulators around the world like to use words like “bailout” in order to help failing institutions. Which kind of institutions get a helping hand? The honest ones? The fair ones? You got to be joking. It is friends and relatives who get bailed out! Freddie Mac and Fannie Mae kept telling the whole world that […]
Hi! Over the years, you have invested a lot of time and money into your academic education. You have broadened your perspective to the next rung of the ladder, and invested in your professional education as well, via job-specific training. At this level you command a higher income, and get to enjoy more of the […]
Half the country’s population is now an agent. So it is quite unlikely that nobody has approached you with a “you must have this …insurance policy” kind of spleen. However, you may or may not have agreed. Most of us doubt the credentials of the person who pitches any product to us. Insurance is worse. […]
I have no clue as to how many of the readers of this blog are from India. However, Bihar has had a major calamity – and I am sure most of the readers of this blog are sensitive – one reader has pledged Rs. 1.25 Lakhs to akshayapatra (www.akshayapatra.org). So here is another appeal: […]
Surely you have a mutual fund and perhaps a life insurance policy too. Correct? Why did you buy it? Was it some good planning that you did or just a friendly neighborhood agent who asked you to buy? Most life insurance and mutual funds have been bought because an agent approached a client. Frankly I […]
You may have been told by the electronic media how SIP (rupee cost averaging or dollar cost averaging) has failed its investors in the past 3 years. If you have seen such programs / read such articles, you may have panicked, right? Well do not panic. Here is a list of reasons why a SIP […]
How can a Doc retire early? Docs start earning quite late in life – at least the big bucks come at a late stage. So is it really possible for a Doc to retire early? It really looks difficult. Docs unless they are super specialized and have created some kind of aura about their capabilities […]