But V you are not saving enough for your retirement. If you don’t save enough, how will you invest that money? I asked. His wife R said “how did you know we were not putting away enough for our retirement you have not yet seen our papers”. I said “guess”. Any way there is not […]
No. This is not about managing your own money vs giving it to an IFa or putting in a PMS. This is about asking till what age should you manage your own money. 50? 80? 90? there is evidence that from the age of 55 one loses one’s ability to handle complex matters. However you […]
Give me a number as big as you want. I can make it small just by adding one (1) to it! That is the power of the small number. My first book said Retire Rich – Invest Rs. 40 a day. Seriously I do not wish to keep saying..that this can have a great impact. […]
It is really difficult to believe that we have 43 mutual funds and 14 life insurance companies, but no Retirement solution. Let me explain. A mutual fund could take a stand that “we make products” and it is the IFA who should provide the solution, or the client should himself come out with a solution […]
Lets remember cash is king. Especially in the short run. In the long run it is a bad asset class and gives you pathetic return. Of course 8% pre tax in liquid is not really pathetic if the inflation is really 4% p.a. I have no idea about what will happen in the market, however, […]
A little about me: I qualified as a CA, trained as a lawyer, did equity research for 2 decades, was a director in a corporate which was a member of NSE. Have been in equity investing for the past 40 years (1979 is when I started, class 12). Maybe it is for people like me […]
the GDP nos. are here…and here are the comments from…. Comments by Mr. B Prasanna, Group Head – Global Markets – Sales, Trading and Research, ICICI Bank on GDP figures announced today “The January-March quarter GDP suffered mostly from a sharp slowdown in industry. Additionally, the core GVA growth (ex-agriculture and ex-Government spending) has dipped to a multi-quarter low. As expected, consumption […]