The advantage of having a stiff target is sometimes good! Though many bank and brokerage house Relationship Managers might argue against this, to the best of my knowledge targets seem to be helping. It helps the bank and the RM for sure. Funnily I found that customers are also very impressed. One friend told me [...]
Last week I was speaking to a cousin who has just retired – and is likely to get a few million in retirement proceeds. Make no mistake she is rich and not really dependent on this amount of money. Her husband earns very well and they are what can be called “upper middle class” by [...]
Financial advisor designations and Equity valuations – there are so many of them that you put all together, you can create an alphabetic soup. And life comes a full circle for me. When I started life (a few moons ago in the ‘80s) as a Chartered Accountant, I naively thought and believed that people invested [...]
Along with a software company (www.myirisplus.com) I did financial planning workshops in various parts of the country. Delhi, Kolkatta, Indore, Hyderabad, Bengaluru (Bangalore), Pune, Mumbai, Navi Mumbai, Andheri, Churchgate, Chennai, Cochin, Trivandrum, Coimbatore, Ahmedabad, ….To be honest the response from the ‘IFA’ – the person who sells life insurance and mutual funds to you was [...]
Whenever I meet clients who are new to investing I can make out who has been their adviser for their earlier investments. It could be a cousin, neighbor, or a banker. They leave a lot of trail. The greatest thing that they do is emphasize on recent history. Though we all know that today was [...]
This article appeared in reuters.in – in their personal finance page under my name…. Organise your finances! The greatest advantage a person has if he calls me is he gets a chance to fill up a 20 page questionnaire. It contains questions from name, gender, marital status, employment, whom he supports, etc. It surely helps [...]