Question: I’m a 56-year-old teacher and my husband recently passed away. I own the home in which I live, but do not have a pension or any investments. All my monies are in public provident funds, national savings certificates, and bank deposits. However, I will receive Rs. 20 lakhs from my husband’s life insurance policy. […]
Not sure about how many readers will agree with this…but this is my view. There are many problems in India, and surely many, many financial problems…….however I think these are the 3 major problems: a. People underestimating retirement requirements: Many 45 year old people whom I meet underestimate their pension requirement. Not just underestimate, but […]
Well that is for you to know or understand, but you can do one thing – Approach your Job like a business! Companies across the globe operate in much the same way. They go into business, manage their expenses and try to turn a profit.They have a business plan – and it is called a […]
http://www.subramoney.com/book-written-by-me/ Recently many people have spoken to me about their attitude towards money. In case of people I know for the past 30-40 years, largely the impact of their childhood on their ‘money-psyche’ has been of tremendous importance. Having said that, attitude towards money is not always the same even for siblings. My sister and […]
One good thing about being in the Equities business for long is you meet only those people who have created wealth for themselves! So you do meet people who have personal net-worth ranging from Rs. 2-3 crores to people who are in the Rs. 1000 crore + net-worth. Many of them are now in their […]
Here are the details of a couple …and they had an amazing story. I took their permission to share the story with you… He is 42 she is 37 years old. He works for a huge pharmaceutical company and earns well. Lots of cash, lots of goodies. His total savings as of now Rs. 8-9 […]
Every business – rather every social science (and loosely Investments are there) has some rules. For the vast majority many of these rules are very important. However sometimes it is necessary to go beyond the rules, break some rules, etc. to make money. This is what I am trying to say in this cover story […]