When the regulators talk about Mis-selling, the first person (and the last person!) who is blamed is the ‘agent’ who comes to collect the Rs. 2000 (or Rs. 200,000) – loosely called ‘agent’ or ‘adviser’ or whatever. Who creates the market for him (or her)? To start with it is marketing. They get “influencers” – […]

the big new edition is here!! https://amzn.to/2IfiHz1   you can buy it in amazon…for starters…and here is the pre-launch offer…take it…!!

The biggest question in retirement planning is “does your spouse know what is your retirement plan”? State Bank of India used to conduct (I have no clue whether they still do) retirement planning sessions for their higher levels of management. The people who were 2 years away from retirement were allowed to attend this program. […]

a few days ago I wrote some 4-5 points on deadly investment mistakes that have ruined wealth…here are a few more… Investing in a high flyer company: when things go wrong all his businesses are impacted. So if say Vijay Mallaya had an Nbfc do you think the airline failure would not have impacted that? […]

You may have heard of Hedge funds, and their very rich fund managers. How do they make money? Simple. They charge a 2% fee and take 20% of the profits. So if you put Rs. 1 crore in a Hedge fund (In India they are not called Hedge funds, but variants of PMS). They charge […]

After leaving school did you think you will use this word postulates again? well when I say postulates you cannot accuse me of being original. Nor can you find out from where I have copied this. Almost all writers on personal finance (constantly looking for new stories) have written this in some  form or the […]

Sebi has dropped TER. Obviously now the guys getting Rs. 25L a month and working as RM can no longer afford to sell mutual funds. So you will be told the following… Ulip is tax free. (permanently for the next 100 years I hope) Moving from equity to debt or vice-versa is tax free and […]