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 size swimming pool, cricket ground, tennis courts, badminton courts, etc. Of course the cricket ground is famous…where you watched […]
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 […]
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. […]
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 […]
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 – […]
Prior to World War II most people in the world were happy living in rented houses. This gave rise to concepts like ‘pagdi’ where you paid a sizeable deposit and a small rent. Mumbai used to be full of such properties . In fact this gave rise to sayings like ‘Fools build (buy?) houses, Wise […]
Continuing my dialogue series… Journo: Subra do you not think the life insurance guys get pampered? Subra: Why do you say so? Journo: 40% of the contribution as a commission is too much, do you not think so? Subra: What about products with 122% commission? http://www.subramoney.com/book-written-by-me/ J: Not possible in the financial service industry…..at least […]