Like all economics or personal finance questions, this question is also complicated. Well the question is not complicated, but the answer surely is! Let us first see what options people use and why: Bank Relationship Manager: Ha! he has a target to achieve, and a number to reach. So he tells you: – it is […]
Having been in investment business long enough and met a lot of people – here are a few statements that I hear, and it does not help at all! Let me elaborate on those statements: 1. You have Colgate? I wish I had bought that share WHEN IT WAS THAT CHEAP! – you can replace Colgate […]
Just got an email from my publisher… Hi We are glad to inform that the book “Retire Rich“ has been launched in an E-book format. It has been launched with Flipkart and we are in discussions with others like Infibeam/ Right now it is available only for Indian readers – the agreement with the brand […]
Now that people have postponed their foreign trips, they all want to buy a house…. Let us see if you can afford a house: – can you afford to pay at least 40% of the cost of the house as a down payment? – can you afford to pay the EMI on just ONE salary […]
I meet all kind of people who put their money in shares and stocks….some of them have some investment in mutual funds also…but let me share with you some parts of the conversations….. 1. Why do you invest? Just like that I have no clue..but I have fun…Sir Hdfc is a good share no? […]
How to sell more? by scaring people (tap water will kill) by seducing people (put photographs of mountains on water bottles) by enlisting the support of media (i have stopped saying paid media, there is no other type of media anyway) exactly what we do in all businesses. You must have life insurance. (scaring people) […]
On 31st August I had posted 2 questions…asking how do you think the reactions were.. Well in the first case when the FII threatened the management with dire consequences, the FII thought that the management would fall at its feet. However the broker knew one big limitation that that particular transaction had. So the brilliant […]