Today all websites tell you that you are just not competent to manage your own money. This is followed by a corollary saying ‘therefore you NEED a financial planner’. Be that as it may, assuming you have a financial planner, what are the questions that you should be ASKING him….and then hope that he answers […]
Learning about how to handle finance is so damn complicated that no school or college wants it in its syllabus! Most of what people like me write are anecdotal – it is not easy to just copy. For example if I say buying good MNC shares in the 1977 compulsory listing would have been […]
There have been many a study on financial illiteracy…and the conclusions are clear: a. Financial literacy will ensure that there are far lesser number of financial frauds. b. People who are financially literate will (hopefully!) ask for simpler and better products c. If they buy through an intermediary, they will ensure that the product is […]
I get at least one call a month saying…..somewhat like this: “My ………..(father, mother, brother,….aunt) has died and has left a motley group of shares, fixed deposits, mutual funds, bank accounts, …do you have somebody who can handle all this?” “Actually I do not think it is worth more than Rs. 10 Lakhs (the figure […]
This article appeared in MoneyControl….a few MONTHS ago… The market has gone nowhere in the past 4 years. When your financial planner / relationship manager / advisor told you that equities are for the long run he/she also said ‘long run’ means more than one year, correct? Well you invested when the index was 20000 […]
What Warren Buffett says about basic investing, spending, savings are so true, that MOST of us know it. However too many of us do not live it. So it is useful if once in a while somebody can just rejig the memory. If it does make a change in your life, thank HIM (I […]
Sorry to use SEC’s name for this article. I had to. It is too much based on a new questionnaire that they have put up on their site. However it is only a decent reproduction of the same, because a lot of my comments are inter woven into it. Well for starters, I have […]