Investors face all kinds of risks in the financial markets. There is credit risk – the risk that a borrower will default on an obligation. Liquidity risk – the possibility that you will not be able to convert a security into cash when you need the money. Market risk – the likelihood that the share […]
Ask any person what is their biggest asset? Well it sets them thinking….and then the facts… Most people do not know what is their biggest asset. They then say – it is ‘ my house’ , ‘my equity portfolio’, my car, etc. However then I lead them to the next question: Have you borrowed for […]
I have a friend who says whenever he gets a raise – or around that time – his father has some demand worth Rs. 30-40k come up. It could be remodeling his furniture, change of a/c, new washing machine, …a vacation etc. His father used to work in a private sector company and retired as […]
There are many reasons why a person should not (need not, will not…whatever) buy life insurance at all: (please note this is written tongue in cheek and some naive readers should not take it seriously) This is just to take a dig at the excuses that people give… Life insurance is one of those […]
this post is partially repeated…it had appeared a couple of years ago in this very blog… I am sure all of you know the cap seller and the monkey story. So why am I telling you the same story again? No this is not the same story, it has a twist. A cap-seller was […]
Many of us know that there are rules of Investing. We also know that Rules are meant to be BROKEN. However whether you want to follow them or break them, there is no escaping knowing them! Here the aim is to warn YOU that it is a complex world, and rules are not enough…… If […]
Our children’s attitude towards money is largely fashioned by our attitude towards money. So if you and your wife fight about money, or argue about money or hide things from each other, rest assured your prince or princess is watching you. One needs to be very clear in the communication with the kids. Keeping an […]