Well not too many people protested when I did not do a new post for 2 days….that makes me happy…

Couple of sms, 2-3 messages on FB, one on FB chat….thats all…so i can cut down my writing to 5 a week from 7 a week…

Anyway what are the foolish things that one can do with money? Is there a pattern, have YOU done them?

1. Keep all your money in a bank account: I actually saw a woman keep all her salary (for the past 30 odd years) in her Savings bank account. Why? because her husband / father in law said ‘we have enough, do not need your money’. Not by way of protest or anything, just that she decided to do so! This is one of the worst things that I have seen in my life.

2. Keep all the money in ONE SINGLE asset class. It could be Real Estate, Equity, bank f d, ….one single asset class is dangerous….

3. Buy penny stocks and then have the cheek to say ‘But sir when you bought all those shares in your portfolio -they were penny stocks!! Look if  I have a share where the price is Rs. 224 and my cost is Rs. 1.89 it is not because it was a penny stock, it is because of the splits and bonuses that the company gave!!

4. Buying a house for primary residence – much beyond your capacity – just because it will appreciate. Yes it may appreciate, but hey YOU will never be able to sell it! What purpose does such a purchase serve?

5. Do nothing regarding risk – no insurance, towards retirement – no clue what to do, delay discussing money with family.

 

  1. Not many protested does not mean not many missed their daily dose of financial wisdom Subra. I for sure did. 🙂

  2. All were busy doing preparation for Diwali. LoL.

    I thought you might be enjoying with your grandchildren or might be Out of station and Country. Kaaasam say Trust Me.

  3. Hi Subra.I was down with fever and couldnt check daily Inspiration which you Impart .I agree with Vaibhav…many readers might not have communicated their feelings but they must have missed it.Fellow readers its a request to express your Innermost voice with Subra.Let him not feel that wheather he writes or not ,it dosent make any diffrence .That is not correct .Diwali is a festival of Light and subra Lit that DIYA t for our benefit ,well almost every day .Over to you Fellow dear Readers !

  4. Sir,
    If you had a way to count how many visited subramoney and went disappointed (not recording their disappointment), that will be more.
    Thanks for writing.

  5. Subra,
    Checking your blog is a part of my daily routine for years. I was so used to reading one, sometimes even 2 or 3 new posts every morning. All of a sudden, when there were no posts for 2 days, I assumed there was some technical issue and was checking your site a dozen times over the past two days.

    Please dont reduce the frequency of your posts !

  6. Sir,
    You might be busy with your other tasks but i was busy checking subarmoney.com .. why no blog 🙁
    Well, now you had your break..No more breaks for you 🙂

    Thanks for super financial inspiration
    a

  7. Subra Sir,
    I am an avid follower of your blog but never commented till now.
    Today, HAVE to comment to say we need 7 posts a week and nothing less! 🙂

    I check daily and missed it the last 2 days..was refreshing my browser to see if it did not show up properly!

    Pradeep

  8. The quality of material posted will matter even its one post a week.Though some of the topics are offbeat from regular financial domain.

  9. without reading newspaper and subramoney, my day will not start.
    How interestingly you read is different from how much you understand and apply.
    I am applying what I understand from this blog.
    Less comments does not mean less readers are there.
    Keep writing subra sir. Many are following you.

    SIVA PRASAD
    AURANGABAD

  10. I checked your website 3-4 times in last two days and was wondering if you are not keeping well or traveling.

    Guess people do check and see what is posted everyday.

  11. Dear subra,
    Missed your daily dose of gyan so please do not stop even for a day. wishing you & family a very very happay dipawali.

  12. hi subra.
    thought you are off to celebrate your diwali. This site is in my speed dial. dont want to miss your daily posts. its like cup of coffee first in the morn. WISH YOU & ALL CO-READERS A HAPPY DIWALI!

  13. I thought you were on vacation… checked a few times per day and concluded you were taking a break…
    You must have a sitemeter, no?

  14. Sir,
    U are god for many of us in terms of finance. Plz turn up everyday plz..I was missing ur post for 2 whole days and infact read many of ur old posts to fill the gap..Had bought ur book couple of months back from flipkart and completed reading.

    U are super hero for me sir.

    Happy Diwali to u and ur family sir. God bless u always. We all luv u.

    Sushila

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