Markets are never risky. Some of the shares are risky given their price. Risk varies with price, does it not? Let us see some of the risks at this point in time…. 1. We have been lulled into a very low interest rate regime in the world. We have no clue what will happen when […]
i have done many posts on term insurance. Here is the SHORTEST ONE: buy ONLY term insurance. NO RIDERS, riders are difficult to understand. buy it ONLINE only ONLINE / OFFLINE you are getting the same product, wake up this is a cash flow, so u need it ONLY till your age of 55 years […]
Hi readers of my book ‘Retire Rich: Invest Rs. 40 a day‘ – here is a request… I want feedback on the book…and a) what did you miss that I should incorporate in the new book My take: this book will not contain stock buying tips, mutual fund selection tips, etc. PURELY RETIREMENT ORIENTED topics… […]
I should have said ‘How to stay away from NEW financial products? Sorry galti se mistake ho gaya… Let us see what are the products that are offered to us everyday…and what could be the response: 1. Sir, we have a new credit card, we would like to offer you one, free, and with a […]
Over the past 20 years I have dealt with the financial markets. Here I have obviously met all kinds of people – brokers, bankers, owners of brokerage houses, life insurance salesmen, relationship managers, and of course the guy who pays all the bills – the “investor”. Here is a summary of mistakes I have seen […]
First of all you need to have a Goal, and an Investment Philosophy Statement. The first statement tells you what are your goals – in actual terms, with current prices and the price at the time of the execution of the Goal. The Investment philosophy tells you how you will go about constructing the portfolio […]
If I were to write a book on personal finance, personal fitness, diet….I would love to call the book “Take Charge” Simply because that is exactly what you need to do with your health and /or your finances. Also only when you take stock of the current situation (i.e. make your balance sheet) will you […]