Whenever people ask me ‘I have made this investment (life insurance policy, mutual fund, equity shares, house -does not matter) – should I keep it or should I sell it? Immediately they tell me the cost….paid Rs. 6L premium for 4 years, bought this house for 73 lakhs, …and now the value of the portfolio […]
Was wondering what are the few sentences that a person should be taught to be in the financial media business. Here are a few: As we had said earlier, the market is now decoupled. Even though the markets went down yesterday in US Indian markets have gone up. Indian markets have gone down, in keeping […]
Generally investment managers emphasise a lot on financial or money management for all the people they meet. This is of course nice, their job depends on the assets under their management, so they should do this. Let us look at it from the ‘investor’ or ‘client’ ‘s point of view. When you are young (say […]
C: Subra I just have an exciting plan from BDE life insurance company….! Subra: Say you do not need it. C: How can you be so rude, you have not even heard about the product.. Subra: Say you do not need it. C: arre baba, sun na..product ke bare me…(I guess he concluded I could […]
Many people who think they understand risk do not understand risk coming from completely unexpected sources. I do not mean some 50% market crash – one is reasonably prepared for a market crash, but something else. – What happens if the government withdraws medical cover for retirees of government organisations? -What happens if PPF is […]
An amazing land legislation which says land can be procured only by paying 4 times the market value has been passed. This will mean the land owners will benefit, correct? No. Only Economics will work. Let us take a different example – if suppose a legislation was passed that women should be paid 1.25 times […]
It is very difficult for freedom loving people with full stomachs to understand why the North Koreans do not revolt? The assumption is if you are normal person, you love your freedom. Right? No. Not so. Your first priority HAS to be HUNGER. If you are hungry, you cannot think of anything else. It is […]