Here is the uncensored, unedited view of Aviva India…..my views you have already read right? well read on…. Union Budget – Reaction from TR Ramachandran, CEO & MD, Aviva India Mr. Finance Minister, through this budget, has tried to give a big push to infrastructure, incentivise savings through financial instruments and property particularly at the […]
Subramoney was the only blog which did not have a view on the most important media event of the day at 11am. So I decided to write my views (at 8 pm Wednesday) on PC’s budget to be presented on Thursday…here it is. It is the only post (I challenge you) to have such a […]
An excellent profession / business to do now is the financial planning business. Of course some people call it a profession too. Why am I saying this? Simply because we are in the very early stages of the profession. It is like being in the banking business in the 1900s, in the mutual fund business […]
My orientation is to try to write LARGELY on wealth. I suddenly realized that to get wealthy you need seed capital (!!). For the real young ones who have JUST started earning (aged 22-25) they need to know about: funding buying an asset, credit cards, credit score, some career moves, educational loans, ….the real basics. […]
Thanks to Rich Dad Poor Dad (then bankrupt Dad too!) many people know what are assets and what are liabilities…I am making ONE more distinction…. Assets: are those assets which increase your REAL NETWORTH (NW) Assets: that increase your nominal NETWORTH Assets: that are essential for your living and usage Assets (liabilities!): that are not […]
Are we not sick of hearing the following: The terrorists acts have been a dastardly one…. The culprits will not be allowed to get away with this… It is not an intelligence failure…we had warned the state governments about this….. The Home Minister visited the attack site and made a statement in both the Houses… […]
Let us start at the beginning….what is Libertarian Paternalism? Well it is a subtle way of making people towards rational choices. For example when a person joins for employment the employment form includes an AUTO sign up for an index fund. Say NPS to the extent of 3% of basic salary. The employer also contributes […]