There have been some emails and questions that people ask. Since many people ask me similar or same questions, I thought a post would be appropriate:
1. Why do you not do a review of the personal finance programs that appear on television?
Answer: Am incompetent to do so. I have no clue what is the agenda of the program, agenda of the interviewer, and the guest. Talking about the program would be wrong so I cannot do it.
2. You used to appear on television. Then you stopped coming on all channels, why?
Answer: I really have nothing interesting to say. I cannot excite you with ‘today what to buy’ or ‘tomorrow what to sell’. If there is nothing to say there are only about 10 ways of saying that. Those are surely exhausted. So most channels have stopped calling me, these are the reasons I guess.
3. Why do you not do product reviews?
Ans: Products are too complicated and most of us can live without those products. So Ulip with high loads, pension plans with compulsory life insurance, contra investing, multi cap fund, commodity fund, etc. are concepts which I gave the pass-by in my investing life, so gave it the pass by in my writing life.
4. Which is a good magazine to read for personal finance?
Ans: All magazines suffer from the same thing – say nothing every fifteen days. Since this is difficult they keep saying nothing in many ways. If the clients understand, great. If they do not understand they keep buying the magazine, great for the paper – it keeps selling.
5. I wish to trade will you give me tips?
Ans: Wrong person to ask this advice. Trading – did not do at all. Investing is out-sourced to a guy with far greater skills than mine. Not worth asking me for advise.
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