Archive for April, 2010

Addicted to financial pornography?

If porn is expected to excite you – emotionally well financial news papers do it just as well as the television media! I decided to be as free of emotion (:)). So I decided to pick a news item which read like this: ” …the firm in its report ..said also pointed to continued EROSION [...]

D Y Patil’s backward integration!

Dr. D Y Patil is a winner of the Padmashree award and his son Vijay Patil has built a beautiful stadium in Nerul and named it after his father. This includes an international stadium, an Olympic sizeĀ  swimming pool, cricket ground, tennis courts, badminton courts, etc. Of course the cricket ground is famous…where you watched [...]

National Pension Scheme: What is missing?

NPS – New pension scheme or National pension scheme….does attract a lot of attention from many investors. However the jury is still out on whether one should invest in it nor not invest. One major (I mean MAJOR) DRAWBACK is you have no clue what will happen once you finish the accumulation stage and go [...]

How to help a friend

For many people financial problems start with a good intention. Here is a case in point. One person I know has an uncanny ability to get herself into a financial mess. It would be difficult for many people I know to even imagine how ingenious she is in creating trouble for herself. One example here. [...]

Advisor? I learn from the media!

Awanish Mishra of Money Mantra wrote this editorial …..and it was in Jan/Feb 2010. Since many of you may not have seen it, I am reproducing it: A complete cut paste. Please do not ask for names of the players involved. If A.M wanted to he would have published it . I was surprised but [...]

fee based financial planning: India

Once upon a time long long ago there was a village doctor. He examined you, made the medicines and you were all right. The air was clean, people worked hard, and died quite young. Then it evolved…..to where we are today. http://www.subramoney.com/book-written-by-me/ In the wealth ‘business’ we are still at the village doctor stage – [...]