When you talk about equities, people usually get up and say ‘Real estate gives better returns’…I bought a house in Kharghar for Rs. 20L and now in 10 years it is worth Rs. 3 crores or some such numbers are thrown. Not that I try to defend equity as an investment (my returns do not […]

You are looking to buy ONE good share (actually one or 2 in a year is fine if you start at 23 and stop at 55 – you would have a portfolio of about 60 shares, and you cannot manage more than that). What do we (I do nothing, some kids do all the work, […]

Let us say there are 3 persons – and we really do not need their names. For want of a better number let us assume that all 3 of them are destined to earn about Rs. 6 crores over the working life times. One guy is a film producer and makes a film when he […]

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In a finance blog there cannot be a better Red Flag, right? Hey why do I assume that you are a bull? OK. Let me tell you a story. A young man about 27 years of age decides that he needs about Rs. 5 crores of life insurance. He is just providing for his parents […]

A few days ago I did a post saying ‘Financial Peer Pressure’ – here is the link…http://www.subramoney.com/2014/04/financial-peer-pressure/ Largely people who get into financial trouble – at whatever level – is their inability to live within their own budget and have their own goals. Now if my goal is to make a trip to Australia and […]

this article on budgeting appeared in www.moneycontrol.com long back. INCOME: Rs 100, expenses Rs 99, life is fine. Income: Rs 99, expenses Rs 100, life is in despair.     (Due apologies to Charles Dickens!) There used to be a time when it was advisable to have regular health checkups when you 45. Now, it’s closer to […]