In every Mutual Fund class of mine…I have said ‘a fund is managed professionally’ . Professionally as in that the fund manager receives a fee and is not managed like a proprietor (like say how a Rakesh Jhunjhunwala would manage his own money). Many people used to think ‘professional’ meant opposite of amateur – and […]
I have done quite a few posts on managing money jointly….so here is one more… Here are some excellent tips…and has emerged out of a lot of experience of consulting, counselling, reading, skimming…etc. So, here we go: 1. Money is surely the root cause of all disputes: having too much, having too less, in what […]
It is always tempting to quit your job and try for a new one, right? Wrong. WRONG. Capitals, block letters, dark, Italics. It is dull and boring to hold on to your current job, boss, field, colleagues…..so you want to quit. Well, that is the easy part. What happens once you quit? Find another […]
When Interest rates go down, bond prices go up. Almost all MBA students will tell you this. However many of them will be parrotting this without understanding what this means. Let us see what actually happens. When Interest rates go up, ASSET prices go down. This is the originally correct statement. Why and how does […]
When you have been running a blog for 5 years – and been posting one article a day…it gets a little jaded. You also realise that some turn out well, and some, well, just do not turn out well! Here is a list of articles…which have been liked by the readers since inception. http://www.subramoney.com/2010/04/national-pension-scheme-what-is-missing/ http://www.subramoney.com/2011/06/investing-books-the-must-read-types/ […]
Congratulations! You are now in the second year of MBA and one year away from a job in corporate India. This is a good time to prepare financially for the financial life ahead. Let us see what are good things to do for a financially responsible start of your life! a. Get a clear hang […]
So you have the admission letter in an expensive school and the fees is to be paid. Your parent cannot (or will not) pay the fees and you have to now borrow the amount of money that you need. So you MUST borrow if you want that education, so there is no great choice, right? […]