Let us see…getting rich is easy is it not? Get a good degree ——> It will lead to a great job—-> You will earn a lot of money —-> You have got rich. This is one route. Well there are some issues – every body cannot get a good degree..so the scheme is torpedoed at […]
Doctors and money – it could be titled anything, but since this dialogue was started with a doc, I have called it Doctors and Money! “If you had outsourced managing your money to an outsider, and he had managed it the way you have managed, would you still hire him?” I started my training in […]
The number of posts that I have written about my investing blunders keeps me wondering how or what kept me going at all! This blunder is perhaps the biggest of them all. A quick recap of my life and timelines is necessary for this. In 1986 I qualified as a CA and got into practise. […]
Women need to know more about money than men do. However in real life this very important task is usually outsourced to the men in their lives – sometimes with tragic results. Many girls and women I know do not even accept the full responsibility for their financial lives. Immaterial of whether it is a […]
Now that you have heard about a few of my mistakes, let me tell you more! So here it is: Overconfidence: It took me about 20 years of being in the markets to realize that understanding markets is difficult if not impossible. It is not the first few trades that make you confident – it […]
http://www.subramoney.com/book-written-by-me/ I started the previous post by saying that my portfolio has the benefit of one of the finest wealth managers in the country. So the mistakes here are completely mine. If he had a chance I would not have bought any of the following shares. Trusting the Chairman / CEO of a company: No […]
Mr. Awanish of money mantra asked me how much will an SIP of Rs. 5k a month grow to over a 20 year period..I actually do not know..so that is what I said, but said it differently. He published it in the money mantra magazine..for which an electronic copy is not available… there are 2 […]