Sir for 50 marks can we do a project please? This is a question which is difficult to handle….but mostly one has to say yes…so I tell them stories of how cut n paste does not work. In Mr. Fali Nariman’s autobiography ‘Before Memory Fades’ he has given an instance of this… At a party […]
Sir what can I do…the rents are too high? Many kids ask me this question…and I am amazed how this city of opportunities also finds answers to this question. First of all the high real estate prices in this city is keeping the rents high. However (luckily) there are no restrictions on the number of […]
Some people call it sensible spending or Conscious spending…well this is not a new concept, but a new way of looking at things. See how we spend money – normally it is on a reflex. Like ordering tea in a hotel – it is assumed all the people will have it. Tea may be a […]
‘Never a borrower or a lender be’ – very good advice especially if you do not know to whom to lend. And absolutely true if you do not know how you are planning to repay. However given our propensity to consume TODAY out of our future earnings – we will borrow for consumption. So telling […]
well portfolio construction for a retired person has to be done far more carefully than for a person who is working towards his / her retirement here is an article i wrote for Indian express http://www.indianexpress.com/news/retirement-and-portfolio-construction/749682/
The word SWR or Standard Withdrawal Rates is not an Indian term – at least I have not seen any Indian website or magazine use it…It is a UK or US terminology…let us see what it means.. It is the amount of money that you should be able to withdraw comfortably from your Retirement corpus […]
Does it sound funny? Well it is not – it is a Gandhian concept (for the more ignorant people, I mean Mahatma Gandhi, no relationship to Feroze Gandhy who changed his spelling to Gandhi). Mahatma Gandhi too would have had many small problems – stomach ache, headache, injuries – but he choose to concentrate on […]