Media loves to bash the financial advisors. The main accusations about FAs are – they sell products which the clients do not need, they sell products which have the highest commissions, they do not know all that they should know….etc. Let me now bat for the FA. A good FA should be well qualified (let […]
In all my financial interactions – be it planning for clients, training, teaching or writing, people have come to me with some problem which they think is unique. In all the financial problems, I am able to find a pattern. Believe it or nor, people more often than not choose the problem by their behavior. […]
Obama wins the Nobel Peace Prize. First of all this is not a joke. Read again if you want. This is perhaps the first time in history that the most bankrupt nation is also the strongest from a military point of view. What they can do with their military power is unimaginable. Obama who goes […]
The Rules of Money are changing. Are you adapting? This of course could be a fantastic tag line for a financial education business! However I have been convinced about a few things. The old Macaulay system of education in India – and perhaps around the world was created by the ‘Ruler’ who wanted to have […]
Everybody is happy that V Ramakrishnan has got the Nobel prize. Let us make a list of happy people. Tamilians are happy that he is the 3rd Tamilian who has won the Nobel prize. Physics students are happy because Mr. Ramakrishnan is a student of physics. Biologists are happy because he won it for Chemistry. […]
Last week I was speaking to one of the bright kids I work with. For practical purposes let us call him George Orwell. This kid (25 years old) was born in 1984 and has just started on a nice salary. He spends well but can put away a nice amount on a regular basis, but […]
Or Why you do not need an investment consultant or an Investment Advisor ! If you need bypass surgery, you should find the most qualified surgeon available.This need not be the most expensive surgeon. Some surgeons are better at PR so they command a higher price. Some surgeons are good but in smaller hospitals. You […]