“Investment” is a word that challenges the intellect of every investor, followed with the prolonged and topsy-turvy discussions with almost everyone he knows. Suddenly, everyone around him dons the hat of a financial advisor, offers guidance that confounds him totally and this creates even more baffling situation for a naive investor. Contrarily, the answer that […]
Why do you need money? To live? or for Prestige? I know a few Johns (u will see him in the story)..who have become CEO to tell the world “I am a CEO”. Some of them started younger, but some of them were in their 40s when they realized that they cannot ever reach the […]
I was NEVER in the ‘wealth management’ business in the 1990s. We were brokers and simply believed that for US to make money, clients had to make a lot of money, like our services, and refer more clients, so that we could make even more money. We did not ask clients for referrals, but would […]
The Chief called for a meeting. In attendance were the heads of: The National Anti-Terrorist cell (called NAT) The National Anti-black money cell (NAB) and: The Cashless Honest Economy Evangelist (CHEE) The Old Man from the Village (Old Man) The head of Patriotism, Morals, and Rectitude (known as Spin Doctor) The Chief looked […]
“Subra Sir I also want to get seriously rich, what can I do’? This is a question that I am asked very regularly. One of the persons asking this is a 30 year old girl – and well educated at that. She is a Commerce graduate, and an MBA from one of the better colleges […]
If you do not know why a big brokerage house is doing something, copying them because they are a big house is a sure way of wealth destruction. They play a lot of games and across different memberships. For example a broker could be buying and selling he same share – at small margins just […]
If you are in your early 50s, you are already planning about where to stay once you retire, what to do, etc. However, if you are in your 20s or early 30s you could play an active role in planning retirement for your parents. Not only will you feel more involved in their retirement, but […]