Do numbers lie? Or is it that liars use numbers to lie? Mutual funds are assessed on the basis of their past performance. So the best fund in the last 3 years is likely to be the best fund in the next 3 years – after all we know history repeats itself! Let us take [...]
Very rarely have i done a non finance posting. However there were 2 events which were stunning, so I thought it might interest some of you. It is about fiction being followed by truth. Sony TV carries a program called “Comedy Circus” and I think it is a great program on creativity. They carried one [...]
Investing for retirement (which is called investing in the accumulation phase) and Investing during retirement (many of us will be investing even after we retire) can be as different as chalk and cheese. At the first stage we are looking for growth and safety. In the second stage we will be looking for liquidity, current [...]
If you Google for Stuart Kahan or senior citizens (Elders as the Americans call them) you are likely to find the report of Broken trust. Here is a short summary…for the full report go and search in Google! Elder financial abuse costs older Americans more than $2.6 billion per year and is most often perpetrated [...]
Investors, students, relationship managers shattered and beaten by the fall in the equity markets world wide are asking: “When will we touch 21000 on the Sensex again?” The other favorite question is “When will the bear market end?” My answer: I don’t know. This is met with sarcasm “Actually you know, but will give us [...]
This article appears in its original form in Financial planning magazine…It is an American magazine and the survey and findings are about America. Indian facts may not be very different… Americans say that despite daunting circumstances, they have developed a more practical attitude toward money and retirement since last year, according to a study. In [...]