In 1993-94 I lost money because of a broker default. The guy who was handling bungled up on the risk profiling. The owner had no clue what was happening, and the guy who was managing the card was the smartest IIT, IIMA product ever. Some consolation that a few years later Wipro’s Premji and a […]
Many people like the words like wealth creation, equity, SIP, etc. It does not mean that they understand the whole process is not so difficult. NEITHER is it so easy. Let us see some important things that they miss: 1. Breaking/ Stopping a SIP: one of the kids in the office went to the mutual […]
According to two experts who came on Television on 29-Dec- 2014, the following shares will out do the Sensex: Sbi, Icici, Maruti, HUL, Infosys …..not sure if you guys want to go with this list. I have Hul and none of the others. Will live with my portfolio, thanks. My Nbfc / banking bets are Hdfc […]
Jealousy, greed, envy. None of them is a new concept. These sentiments are as old as human civilisation. If you read the news or watch real life news or read the newspapers you see the following: – PARENTS selling children – Husband selling off wife – Son killing mother just to save medical expenses – […]
I got scared when somebody came of Facebook and said ‘Subra said Life style creep should not happen’. HEY that is now what I said. A financial planner or a blogger cannot decide what you should do in YOUR life. As a blogger / financial calculator provider I can only tell you the financial implications […]
Are you surprised at this title? Has the Insurance industry not been telling you that Indians are under insured? I met one person last week – a lady who had taken VRS. She was not planning to take up a job again and it was the end of her working life. She was under 40 […]