Recently a friend was discussing his day to day expenses…and some of the questions were (he was comparing his expenses to his brother’s) and the questions were: How is your electricity bill half of mine? Your total expenses on entertainment is almost 40% of mine! Why is your grocery bill less than mine even though […]
I keep writing these columns once in a while to emphasize that this is NOT a portfolio management column. This is a blog by a Mumbai centric Tam brahm heavily influenced by the Gujarati community in his investment orientation. What are my biases (you should know it, so that you know how much to discount […]
a loss of Rs. 650 crores incurred by a brokerage house…and says they can pay up. I gulped. We used to run a brokerage business and I am so so happy we are not in Emkay’s shoes. However let us get the facts right. In our office we had 12 terminals. Each terminal had a […]
It may sound odd, but being fit is a state of mind. It also differs from person to person, country to country, …and the answers are always different. Let us see what it is and what it is not! a. It surely does not mean you should look like those models who are paid to […]
Come on you did not open this post to find an Investopedia definition of Life Insurance, did you? I recently came across a brochure by our reverend Regulator a book on Life insurance. I read it and knew that this was another obfuscation attempt and nothing else! Well let us look at what is Motor […]
I have been screaming that term insurance is best bought: a. Cheap and therefore b. Online. However the online way of buying is good ONLY for the consumer. Nobody, repeat nobody is interested in this except the consumer. So there is almost a big mafia working against YOU trying to buy TERM insurance, and that […]
This article appeared in MoneyControl….a few MONTHS ago… The market has gone nowhere in the past 4 years. When your financial planner / relationship manager / advisor told you that equities are for the long run he/she also said ‘long run’ means more than one year, correct? Well you invested when the index was 20000 […]