I speak for 2-4 hours on retirement, and I can tell you it is difficult to speak for 3 hours on retirement planning, because it is a simple topic and does not take so much time. Please understand being simple means – simple to understand. Not saying it is easy to do. So Retirement Planning […]
‘Should you invest in a long bond? and or / Who should invest in a long bond? The answer is simple. If you are say 65 years of age (or older) and there is a psu bond on offer and it is paying a coupon of say 8% (it is more likely to be 7.5%) […]
I go to an adviser and he ruins my money. I make a huge loss, and so go to court, and the court the adviser a few questions: 1. You claim to be a financial doctor, have you: – gone through at least 5 years of training like a doctor? – what in your education […]
I watch 2 programs on television – both are ‘real episodes of crime’. The lessons from that: – do not take anything for granted. One woman (with her father’s help) and along with her new boy friend kills her husband. The kid is 17 years old and helpless. Learning: make a will, and do not […]
Many people (sadly including CIOs of mutual funds and life insurance companies) think that 2-3 year schemes in equity makes sense. Hence a rash of close ended mutual fund schemes, and almost none doing well – except by a timing accident. A few days ago I profiled a few of my HNI readers – very […]
A few days ago I did a post profiling some of my readers. Let me tell you some more things. I have no clue how much of that money was made in a fair manner. I mean was it made with inside information? Was it front running? I do not have an answer, but yes […]
In 1979 when I did my first trade, I had to walk to my broker’s house in the night and discuss what to buy and sell. Sure we both had phones at home (2 phones each actually) but most of the talk happened face to face. He would call around 5 pm or later to […]