First of all ‘renting’ and ‘investing’ is NOT everybody’s cup of tea. If you do not know how to invest, and are not willing to learn you are better off buying a house, AND repaying the loan as soon as possible. If you rent and blow all the money on lifestyle expenses – it is […]
You work for a company which is not doing too well. You are desperately looking for a job. You’ve been job hunting for months, and you do at last receive a job offer. You’re desperate to get out of your current lousy job in a sinking unfunded company, and the salary they’re offering looks decent enough, […]
This post is based on what I have seen, observed and understood..I am biased because my sample size is extremely small – and I have not spoken to many people about their success, net worth, etc . I have not really seen the process for a beginner to get rich. I have largely seen the rich […]
You keep a deposit in a private limited company or in a listed company. Let me name them – Orkay, or Thackersey Fabrics or IAEC, or you bought debentures of Vishwapriya Finance. Well the company did badly. Ran out of money. OBVIOUSLY you lost money. You were wild. Sorry, no luck, your money is gone. […]
I’ve written many times before about investment risk – and what you need to do about it. You’ve gone to the net or worse met with an adviser – who asked you or sent a questionnaire with 30 multiple choice questions like: If my investment portfolio begins to drop in value, I will a) sell all […]
When my HNI friends and super HNI friends are bulldozed by their RMs from banks that do not let them sleep..I need to tell them the following: Sebi regulates fees for mutual funds – and is very investor friendly Irda regulates fees for ULIP – and the product is very unnecessary so banks do not […]
I have one huge huge advantage in the BFSI space – there is no one part of the bfsi space which pays my bills. This gives me a chance to crib, rave, rant about the different parts of the industry. How does a sales person sell? Let us talk of financial products and medicines – […]