It is customary for a tight fisted individual to get badgered for being tight fisted. However, if a person is liberal with money he is normally liked by everybody around him. (Needless to say him includes her). I was in the gang of people who would rag people who were tight fisted. Till I had […]
I am surrounded by a lot of ‘part-time’ portfolio managers. Of course the other name for them is voluntary contributors to the broker welfare fund. Their reasons for buying a share, holding it and selling it can at times be hilarious. However without getting into whether we are in a bull market or a bear […]
Last week in my quest to gather information of how doctors live I met a doctor and had a look at his annual cash flow. It almost scared me. Here was a doctor (for our story let us call him Dr. Pradeep married to Bhargavi a house wife). Here is his annual cash flow statement: […]
How can a Doc retire early? Docs start earning quite late in life – at least the big bucks come at a late stage. So is it really possible for a Doc to retire early? It really looks difficult. Docs unless they are super specialized and have created some kind of aura about their capabilities […]
A few days ago I was watching a personal finance program on ET TV. How some statements are now being thrown about is very surprising – and amusing if one were not bothered about the side effects. A portfolio for a 55 year old individual (5 years to go for retirement) was about 50% in […]
Real estate is going North? Good news has been swirling around all the markets lately. GDP numbers, employment numbers, real estate numbers are all being flaunted at you saying: “Ha the recession is over”. However if you are a Chartered Accountant by training and have been in consulting, being skeptical comes easy. Once upon a […]
There are 2 ‘good’ or ‘great fund managers’ in India. They have (had?) a great reputation for fund management. However I am not naming them for obvious reasons. One if a fund manager with one of the top fund houses. On television he makes statements which are either completely off the mark or hurtful to […]