What is an emergency fund? and Do you need an emergency fund? My views of an emergency fund have changed a lot since the Satyam episode! For most of Satyam employees Raju’s ‘confession’ was an emergency. How would they have adapted to it? Or still adapting to it? What would happen to you and your [...]
I have a nephew in high school and he had to say a few things about money: 1. I carry money to school, but never lend it to my friends: I am not sure whether I will get it back from them or not, so I do not lend it…..NINJA anyone? 2. I buy things [...]
Retirement is like old age. And it creeps on you – one day at a time! Here, we bust some common myths relating to retirement. Myth 1 I will never retire. Yes, you will. Everybody has to. You may want to work till you drop dead, but what if you really cannot get a job [...]
It is so funny to see politicians and some fund managers say India’s interest rates are very high in real terms (if inflation is 3% and interest rates are 10% reeal rate of interest is 7%). So interest rates should come down. Also if the $ is now at 52 or 53 to a rupee, [...]
As a financial trainer I train 22 – 35 year olds. Rarely would my class have people senior than this. However as a financial consultant and speaker at public gatherings, I do come across a lot of senior citizens and these are the issues that they face: 1. My son is in the Middle East [...]
Many people have been asking me this question. I thought I will wear the hat of an investment advisor in US and look at the world markets and see what to do. So here it is. Not too useful I am sure, but here it is: 1. All Central Banks are printing notes – so [...]