A few days ago the Running Regulator was created, here are the draft regulations. Comments are invited from runners, doctors, photographers, hoteliers, shoe manufacturers, socks and other accessories manufacturers, spouses and parents of runners, coaches, physiotherapists, gym owners, drivers of cars supporting runners, and any other person who thinks about running, and all others. Rules […]
A friend sent me a long list of life insurance policies that he had. It was only long – and literally carried no weight. None of the life insurance was bought because he needed insurance. The people who sold him policies were his doctor’s wife, his wife’s aunt, a colleague, a bank Relationship manager – […]
Some of the dreaded questions that this gen asks is so scary…. 1. What do you do? (in the last 30-40 years it has got scary) 2. What is your educational qualification? 3. Where do you live? (location: Country including PinCode) and 4. What car do you drive? Frankly there is a big mafia out […]
As usual, I do not have an answer. However I can lead you to the definition of “Irrational Exuberance”…I hope at least some of you know its association with Alan Greenspan! Well this is what it means: When all people believe that: • The reward will outweigh the risk • This time it will be […]
I am not writing one more word on should you buy a UL or a MF product. Enough has been written in the world about this, right. I was just trying to see how both the regulators are looking at the products. 1. ULIP sellers can make a policy illustration: It is mandatory that the […]
A friend called in to say ‘Subra even if one reader can start saying “I s…..d up and have made investment mistakes’ instead of saying the following: a. my aunt is an agent so I took a policy b. my father asked me to buy a house c. my relationship manager CHURNED my mutual fund […]
I think it is much easier to remain healthy, but far more complicated to look after your wealth. Of course I am assuming that people do not buy every vitamin pill, curative pill, magic dye…..and make a mess. If you just eat simple food, do some exercises, sleep well,…you will normally lead a healthy life. […]