Will we ever retire? One thing most people look forward to is retirement. However in many cases such a feeling can be exaggerated. So please be careful not to seek retirement when all you need is a 3 week break. One option which many people like to consider and hope for is some kind of [...]
A few days back while watching a dance reality show on TV I saw a girl – whose name I am not sure – sounded like “Hart Kaur” (in fact it kept sounding like hard core). I just happened to stop on that channel and this girl was narrating what she saw in 1984. She [...]
Why is it that in the case of Satyam and in the world wide mess it is largely the equity shareholder who is losing? Welcome to the world of moral hazard. When you lend money to a bank (which may be insolvent even as you are lending) or to a country (which technically cannot become [...]
March is the month that insurance companies, mutual funds, their agents, banks, relationship managers, etc. love! Throughout the year sales of all these products have been taking a hit. All life insurance companies are funded by the strong and rich parent – SBI, Hdfc, Icici or the foreign counterparts. One branch of one life insurance [...]
A few days back I had written about cash as a strategic asset for businessmen. It can be an emergency asset for an individual. When Iraq decided to invade Kuwait many people (including Indians) had to leave Kuwait almost overnight and run for their lives. A friend was stuck in Kuwait – along with his [...]
In a training class there are some of the few questions I cannot wish away. Let me name a few: 1. What will happen to the market in the next 12 months? 2. When will the market reach 21000 again? (they mean Sensex) 3. Is the fall over? Will it start rising again? When? Frankly [...]