One amazingly stupid question that I get asked regularly is “when will the market go up?”. Well my answer is “You know NOTHING about the market”. Sometimes I can say that, most times I cannot. So if I am a fund manager (aka asset gatherer) I have to say “lage raho..market will go up soon”. […]

One of the thumb rules for retirement is to have “30x” your expenses at age 65 so that if you live till 95, you have all the expenses provided for. This is of course assuming that the return that you get post expenses and taxation is enough to cover inflation, and you do not lose […]

Whats the right age to start planning for retirement?   Good question. Like most things in life…the earlier that you start, the better off you will be. If you invest Rs. 1500 per month from age 18 you will have Rs. 70 Lakhs, but if you start at age of 50, you will have Rs. […]

https://twitter.com/hashtag/BQMutualFundShow?src=hash with Niraj Shah, Radhika Gupta of Edelweiss Mutual fund was talking on Bloomberg Quint…

I was once sitting in a big bank and talking to a Training executive. This was about 8/9 years ago at least I think. Even then, I had 25 years experience at least…and this executive must have had about 2, ok to make it poetic make it 2.5 years. He was telling me what the […]

I deal with certain HNI – the salaried HNI behaves very very differently from the business HNI. A business HNI considers himself a HNI only when he reaches say Rs. 70 crores of Net worth in real terms and this without including his house. However, the salaried HNI will accept the tag even when his […]

Almost everybody talks about ‘fixing the regulator’ , fixing the “regulator”, or fixing the distributor. I think we will need none of these..if we can fix the INVESTOR! I finished an IAP and an investor came and asked me “can you suggest any schemes”. I said no. I said you need an independent financial advisor […]