Most of the investor behavior in later years of a persons life comes from poor schooling. Let me take a very very different view of parents, schooling, conflicts…which I THINK are having a bad impact on adult’s behavior. Early school start: Parent’s lifestyle (observing, not commenting) allows kids to have dinner at 9.30 pm, sleep […]
here is a book review…. Book Review – You Can Be Rich Too : With Goal Based Investing – P V Subramanyam & M Pattabiraman
Having spoken to about 4000 doctors I have a view (not fair, just views which could be wrong) about the kind of mistakes doctors make. Here I am listing a few: 1. Listening to the Relationship Manager’s words like a Gospel: Most doctors have a lot of respect for the banker who comes to them […]
My training takes me across the country and meet many IFAs. Of course I meet employees in banks, mutual fund, IFA, …and thus an amazing range of people. Here is a brief summary of some amazing learning… Obviously all of them started as Life Insurance agents – well most of them anyway They took to […]
You are 55 and earning Rs. 1.4 crores CTC. All this has gone to your lifestyle. Nice big house, 2 cars, expensive servants, foreign trips for the family. In short, Majja ni life. You meet a financial planner who is stunned to see that you have a net worth not very far from your CTC. […]
Most people – including 34 year old bloggers underestimate the amount of money needed for retirement. This is also because they may not have seen anybody struggling with their finances in their 80s or even 70s. Lets look at some of them: Housing: In case you are living in a cold climate like Delhi, you […]