I must consider my self very, very lucky. During the Harshad Mehta Boom, I bought an office space for personal usage. When the index reached 21000 I had no reason to sell. However just luckily I decided to get out of some very high price earning stocks like Tata Power, L&T, Hdfc, and invest in […]
A few days back I had posted some financial resolutions. I had promised to do a follow up on the same. Here is the first part of the promise. The resolution no. 1 was: I will write down my financial goals. I am sure, you are thinking Oh My God, this is boring. Sure. Success […]
Along with a software company (www.myirisplus.com) I did financial planning workshops in various parts of the country. Delhi, Kolkatta, Indore, Hyderabad, Bengaluru (Bangalore), Pune, Mumbai, Navi Mumbai, Andheri, Churchgate, Chennai, Cochin, Trivandrum, Coimbatore, Ahmedabad, ….To be honest the response from the ‘IFA’ – the person who sells life insurance and mutual funds to you was […]
This article appeared in Money Today….long back….. From what to how P V Subramanyam October 24, 2007 Print Email These days client questions have changed a little. No more is somebody asking—“Do I need to do financial planning?” Rather the questions are: “How do I do financial planning? What are the advantages?” These questions are […]
Kaun Banega Crorepati? Well this is what Amitabh Bachan asked you for a whole year! Of course everybody realized that the Indian is now wanting to be more than a crorepati. So the stakes in the game shows increased from Rs. – 1 to 5 to 10 crores! Frankly unless you are already a crorepati, […]
To provide liquidity to the markets, the FED, the European authorities, along with their Asian counterparts have decided to swamp the banks with money. However, this is likely to come with strings (ropes?) attached. No money comes free – immaterial of whether it is called Debt or Equity. The authorities have put a lot of […]
4 kids from a business school and wanted a summer placement. Of course at summers pricing is not much of a question. I just asked those students “What salary do you think you guys (and gals) will start at?” They were quite unanimous – they all said Rs. 1 million. As I have been with […]