The assets that are easy to understand are those in which you know how much returns you are getting. So you keep a fixed deposit in a bank, the bank tells you that the FD is for 5 years and you will get 9.25% as return. Ditto for PPF, Kvp, nsc… However when it comes […]
Recently are there too many articles about young couples and money? I am not sure, but there are many requests for such articles from parents and the kids themselves. Money as a topic of discussion seems to be more difficult to discuss than even sex. In a country where children are kept away from ‘adult […]
Life is not easy for a young married couple if they have no clue about each other’s financial personalities. Many of the girls have a reasonable inkling of the CTC of the guy – say Rs. 10L and then they look at their own ctc of Rs. 8L and feel – ha that is fine. […]
The year was 2004. You had just finished your education and had taken up a nice job. You met somebody who made you start a SIP. You were not too happy about it, but somehow you just started. This was in 2005. You filled up a form for Rs. 1500 per month, and sadly the […]
Normally you think there is risk (income risk) only when you are in business, right? What can be the risk if you are an employee? risk of losing your job (you can find another one), risk of your company closing down (another company will give you a job)….so really a person in service does not […]
Are you wondering what is the connection between Inflation, Infrastructure and Quality? There is a huge connection. Let me explain. I once had a German shoe which I used for almost 7 years – lot of tough use. Lots of walking, travelling by public transport like train – where it would get abused. It was […]
A few days ago I wrote a post saying that children should take responsibility for their parents portfolio. I got very strong reactions about the same, but generally saying the following: 1. It is to embarrassing to ask our parents about their money. 2. They will think I want to know how much I will […]