“Investing should be more like watching paint dry or grass grow. If you want excitement take $ 800 and go to Las Vegas.” This is what Paul Sameulson the Nobel Laurete Economist from US had to say.
In the Indian context I tell my students and my clients if you want a “kick” – you have [...]
In the 1980s the Japanese manufacturing might was hurting the Americans. Clearly US ‘experts’ were talking about how all the manufacturing will now be Japanese. Everybody ‘knew’ that the 1990s will be the decade of the Japan. American cars were useless, American watches were too expensive, – anything that America could, Japan could do better. [...]
As a part of my personal financial planning seminars, I come across thousands of customers who are looking for advisors. As a part of my training sessions, I come across millions of agents who are looking for customers. However, for me it is not just picking up a telephone number and passing it on. This [...]
A bureaucrat or a minister is respected by the size of the fiefdom he runs. So obviously when the corpus in ULIPs has got far higher than the full mutual fund industry….SEBI saw some ground slipping. If SEBI was so clear, it should have woken up long ago. Why was it sleeping.
Also ULIP is so [...]
One young couple came to me recently wanting to do some ‘financial planning’. Their idea of ‘fp’ was they could give some haphazard information (either for want of data at their end or not wanting to share the data, LOL). They were not too keen to fill up a word document, an excel sheet, collate [...]
So you have decided to buy a home, have you?
What are the issues while buying a home? Well there are many, let us look at a few of the generic problems:
1. One big advantage in buying a home (presumably with a loan, like everybody does) you need to get your finances in order.
2. We all [...]