Make no mistakes. I do think that agents can play a great role in your life. A good agent for mutual funds, life insurance, real estate, travel, can really work wonders for your investment or travel. Many of them are very good people with excellent knowledge of the product, customer (you) needs, planning, etc. and […]
Here is a mail from a reader A….a. I cannot profile her, I know not. Assuming she is a typical middle class person…her experience is interesting. Looking for comments from readers on what she should do… “Want to share my experience with the readers and Subraji. 2 years ago I and my husband bought amulya […]
Here is an article about China…..I was getting some sadistic pleasure in doing a small change in the article….and would love it if people DISAGREED with me. I see kids in our office (qualified accountants) putting their money in LIC, Nsc, ppf, kvp, ……without thinking ABOUT real return AT ALL. Sad but true. So read […]
One person came to me saying ‘This is a financial plan that my planner has done, is it good?’. The plan was elaborate – cash flows for 10 years into the future, what product for each goal, rate of return assumption, – all this was there. It ran into 59 pages and could be […]
I meet people in the ‘well-off’ cadre. I mean people earning not less than Rs. 3L per month cannot be called ‘not doing well’ correct? Some of the things that I tell them, is impossible to believe. Not sure HOW many of you will even believe this (Subra do not think you know everything and […]
I do not know much about the other industries, but the financial services industry has a lot of interesting behaviour… The life insurance industry had a product called Classic Endowment Policy. This was a compulsory saving and risk cover product where the returns were a function of how well the fund was managed, how the […]
Assuming a diary is a place where you will write down your darkest, best, …..an investment diary is a must. These 5 things MUST, MUST, MUST go into a diary if you really want to improve as a stock picker: a) log all ideas – history tells you which were good and which bad. A […]