The more I write and the more I communicate with people new to finance, the more I realise the need to ‘de-jargonise’. However I am also convinced that if you need to use your money, it is necessary for you to learn simple words like inflation. With Wikipedia, Investopedia and Google around, I do not […]
When a person joins a company (actually any job – bank, government, army, private sector….) he/she gets an appointment letter. This letter has a ‘Gross Cost to Company’ figure…which looks good and impressive…say Rs. 600,000. Now the kid who gets this letter thinks he is going to get a cheque of Rs. 50,000 every month. […]
If I were to write a book on personal finance, personal fitness, diet….I would love to call the book “Take Charge” Simply because that is exactly what you need to do with your health and /or your finances. Also only when you take stock of the current situation (i.e. make your balance sheet) will […]
Today (Saturday 12 May) 3.30pm and 8pm(repeat telecast) and Sunday 1pm and 9pm in case you decide to watch Cnbc Awaaz…you can see a program called Pehredar…Priyanka Sambhav hosts the show…. today it is a case of ‘mis-selling’ by Met Life Insurance agent. My views…I will do a story a little later on…
It was about 10 years ago that I suggested an asset replacement fund for a friend. He and his wife were just starting life and wanted to save/ invest in a scheme which would gather enough money to buy assets. Assets in this case were actually expenses (but we cheat ourselves by calling them assets). […]
I have a friend who is a brilliant technical analyst. Make no mistake, I have seen tons of Tech analyst, he is among the very top. I do not like Tech Analysis, esp because I rarely take SIGNIFICANT trading position. Even though there are many companies which I KNOW are terribly over-rated, I do not […]
I do financial planning at a more philosophical level than most other planners. I largely look at my ‘job’ of helping people help themselves. This of course is NOT a good business idea, and does not make any sensible money, but so be it. Recently a reader turned friend had asked me to review his […]