Archive for the 'Financial Frauds' Category

Choose your advisor carefully

I have done this post many times in the past…here is one more attempt. When you require a PERSONAL FINANCIAL ADVISOR, you are looking for a fee only personal finance advisor. Let us see who are NOT  pfas: 1. Your bank relationship manager: He is a paid employee who has sales target. Remember, I have […]

a brilliant profession….

An excellent profession / business to do now is the financial planning business. Of course some people call it a profession too. Why am I saying this? Simply because we are in the very early stages of the profession. It is like being in the banking business in the 1900s, in the mutual fund business […]

Conflict of interest

If you do not know who is paying your financial planner, take heart, you are paying a much higher price than you want to. Frankly it does not matter what a person calls himself / herself. If a person says ‘I will spend time with you and make a financial plan, and I will charge […]

Suicide claim

  Yesterday i was watching an episode ‘Crime Patrol’ on Sony TV. I have no clue of the names of the characters, but that does not matter. The story is about a young businessman based in Gujarat…and he thought he was being smart. Sad, as the case is, he was actually getting his family into […]

Why make a will?

Let me tell you a story….and like Valmiki assume I can go across time from 1990 to 2050. Please remember time is the 4th dimension and at some point in human civilisation we will be able to do that. Year 1990: You have graduated / settled and just got married. Did you think of life […]

Barclays pays a fine!

Hey the agency model is NOT working. Well it is not working as it was intended to at least. A group of people start a bank. They work in the bank. Then they appoint employees to work there. They appoint qualified people. These people are supposed to be moral, ethical, ….etc. These people cheat. They […]

Facebook and Valuation

I have done a lot of articles on valuation in the past – and let me repeat, I am a old fashioned investor. I believe that I buy a share so that I can get CASH much more than what I outlay. I prefer seeing more cash up front (dividends) and not have to rely […]