this appeared on Utvi when the index was 11,000 or thereabouts…
In the latest episode of Smart Money, UTVi’s Vikram Oza interviewd PV Subramanyam who is a Financial Trainer.
Is it a common to people stop making investments when times are tough?
Subramanyam: When the markets are down, people ask if they can stop their SIP. If you [...]
Sounds very funny does it not? Why would anybody choose to be poor? Or unhappy? Or fail? Well if you read Hindu philosophy in detail you realise the following lessons are taught to you through stories:
You are a function of what you chose to be.
If you are happy you make the choices to be happy [...]
In every class on wealth management – whether it is 17 year olds in Shimla or 70 year olds in a old age home. Whether it is personal bankers or Hdfc bank or Citigold Wealth Advisors of Citibank – I keep saying ‘how well your money got managed is far more important than how much [...]
I was recently at a conference for students – and was addressing about ‘ABC of Money’. ABC of Money is a program which is meant to introduce you to Goal setting, Quantifying Goals, Mathematics of Investing, Compounding, Annuity, Risk Profiling, Mutual Funds, Life Insurance, Retirement Planning and Record Keeping. It is a comprehensive program and [...]
If you have recently travelled in India you find private taxies – they are far more predicatble and well behaved. If you travel into Mumbai you will be greeted by a long line – normally 40 people in the Q and sometimes 60 people! It is amazing that Meru taxi, Gold Cab and Mega taxi [...]
It is stunning how being a senior citizen is made difficult – in India as much as in US of A. One senior citizen who is hard of hearing (age 83) was approached by a very nice man who said “You seem to be hard of hearing, I can take you to a person who [...]
Like a holistic approach to personal health, the process of providing financial fitness involves four basic steps. If you have the time, objectivity and expertise in investments, taxation, insurance, and estate planning, you can complete this four-step process on your own. However, most people find it helpful to seek the aid of various professionals to [...]
Authentic customer statement. Of course I would not have been surprised or shocked if my driver or maid servant had made this statement. It was made by a bureaucrat – obviously by now you know in which ministry!
Do not wish to talk about this person, but it is really amazing how the people who ‘run’ [...]
When you invest in a mutual fund you pay charges. You pay a commission to the person who picks up the cheque from you and sends it to the mutual fund house. Presumably he asks you for your goals, your risk appetite, the level of understanding of markets that you have, then choses a scheme. [...]
A man was searching for something in a dark room. He was crying, weeping, screaming and yelling. He was upset. He was making a mess of the things kept in the room. He broke some and tumbled on others. Yet, what he was searching for, he could not get. He was blaming his wife, children, [...]