an article urging people to start saving…even if it is only Rs. 40 a day… make a start, and you can become a lakhpati – that is what the article says. Of course they could have said crorepati..but this is what they have said. The response from Lokmat is that many people wanted to buy […]
Last week I met with a very senior person in a very very big bank. It took almost 10 minutes of security check before I reached him. As usual I asked him “How come your bank which has such a high training budget not spend any money on teaching personal finance to YOUR OWN EMPLOYEES?” […]
100 points on the Nifty lost in 45 minutes, that is amazing…! Look at the language in the press from Saturday to Monday….it will all say ‘Markets in a Panic’, ‘Markets crash’, ‘Investors loose Rs. 13,455 crores in market cap’ I spoke to 3 big brokers and one trader (old friends who do not mind […]
I had done the following post in the 1st week of June, 2006. Except for the numbers, the story is just as fine. It originally appeared in the Personal finance section of moneycontrol.com Okay, so the market fell 1,100 points on 22 May 2006, it fell 350 points on 31 May 2006 and another 327 […]
this post is being repeated. Had posted it earlier for a few hours…but was removed..because there was some more important ‘breaking news’ story…so it is coming up again… A few days ago I did a training for a Wealth Management Company. Not too keen to mention client names..but it was a high quality client and […]
Somebody sent me this…and it is a source I trust. Rarely do I put non finance stuff on the blog…but this is relevant I guess: Here are some bad habits which cause damage to the brain: No Breakfast People who do not take breakfast are going to have a lower blood sugar level. This leads […]
If you tell students in life you get what you deserve, or what you choose, they look at you like you are from Mars! Imagine a kid coming to me and saying ‘I want to be an equity analyst’ what should I do? Well the answer is simple – start collecting balance sheets and start […]