What a Retirement / Financial planner SHOULD tell his clients but will not. He will not because he thinks (perhaps rightly) that the client (You!!) do not have the maturity to understand the real meaning: 1. Sir to me the visibility of any retirement plan is just as clear as the iceberg was for the captain […]
However a bad year is rarely followed by a worse year (yes it has happened in the past, but I am taking a calculated call!)..which means a NEGATIVE 25% will not be followed by a negative year. So assuming that the index’s starting point is 15,500 for Jan 2012 (I am writing this on 2nd […]
I wanted to say ‘mera pension ka pitara’ – but decided that hamper is a better word. Hamper meaning a box of gifts as well as ‘what I did to hamper my pension accumulation’ – in both usages! Well I keep writing about pension – and have more or less been anti pension plan, EXCEPT […]
Long ago while doing an article in ET one of the journos there said ‘Subra says he feels like Bheeshma pithamaha – people come for advice, but do not listen to him anyway’. So with that background I felt good seeing a bunch of kids going to Bhargava uncles house for lunch and listening to […]
I am not sure whether this is a compliment or an insult, but a CFP told me ‘what i like about your blog is you tell people what I love to tell, but cannot’. Ok let me summarize some of the shocking things that a financial planner would like to tell his/ her client, but […]
There are many people who come to sell equity schemes…and here is the language they use: 1. Sir ‘Equities have given 20% CAGR in India from 1979 till today including dividends’ – so if you invest in equities for 5 years you will get the same kind of returns. Explanation: Equity returns have […]
“New Year’s is a harmless annual institution, of no particular use to anybody save as a scapegoat for promiscuous drunks, and friendly calls and humbug resolutions.” – Mark Twain so just go and make your humbug resolutions….