http://www.subramoney.com/book-written-by-me/ Surely when somebody approached Mr. Dinanath Shinde and Mr. Afzal Maknejia for buying life insurance, they must have said: a. I do not need life insurance or b. At my level I cannot afford life insurance. Agents hear this day in and day out. Little did they realize that a drunk Nooriya Haveliwala would […]
http://www.subramoney.com/book-written-by-me/ Here is a complete and full list of books that I like my students to read. Extremely long, and randomly written i hope to write reviews on all these books and it should be available soon. Some of these book reviews have already appeared in the In house magazine of BSE called Sensex. Some […]
A couple of days ago I got a mail saying “Insurance is a waste of money. I am 62 and never needed it”. It is such an amazingly stupid statement I could not believe it. ‘I’ have not needed it does not mean ‘nobody’ needs it. So it is foolish to talk like this. It […]
Why do people become proud? Or what are the sources of pride? Let us enumerate the sources from where man / woman get their pride: Youth pride: ‘I am young’ is what Shankaracharya called ‘yovana garvam’. It is there is man right through childhood to old age! Money: “I am rich’ is also a very […]
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 […]
Making a will is simple? Making a `Will` seems to be a simple job; just download a Will, fill in the details and your Will is ready. Or so you think. What can go wrong? Scenario 1: One child depriving the other children of their rightful share: Especially if the other children did not know […]
The process of providing financial fitness involves four basic steps. If you have the time, objectivity, inclination and expertise in accounting, investments, taxation, insurance, and estate planning, you can do this process on your own. Avoiding personal bias is difficult. Most people find it helpful to seek the aid of various professionals to derive the […]