Hi! Over the years, you have invested a lot of time and money into your academic education. You have broadened your perspective to the next rung of the ladder, and invested in your professional education as well, via job-specific training. At this level you command a higher income, and get to enjoy more of the […]
Now that the Pay commission recommendation has been accepted, inflation gets a nice leg up :). Now you can see inflation at 12.5% this week and perhaps at 13% the next week. This will increase the interest expectation of the people and therefore the reluctance of people to participate in RBI auctions. Thus if you […]
It is customary for life insurance salesmen (by whatever name called) to sell life insurance by showing what is called an “illustration”. What is wrong with this “illustration” that is shown to potential customers? Simple, it does not mean a thing! IRDA has stipulated that the illustration should be made with 2 projected returns: 6% […]
When the very affable, 32 year old Priyanka snapped at Suryanarayan, the HR head, the young 23 year old Arjun put in his papers, when the 48 year old accountant Paresh was rushed to the hospital with a mild heart attack all during the normal working day for Suryanarayanan the new smart HR head he […]
Why do people postpone making their will? They think they will never die? Or they are sure that all their heirs know about their inner desires? Well read on… The current generation of clients whom I meet is inheriting nice big round amounts of money. However since their own salaries are far, far higher than […]
The process of providing financial fitness involves four basic steps. If you have the time, objectivity, inclination (to take time off from your family to do this) and expertise in accounting (to file your tax returns), investments, taxation, insurance, and estate planning, you can do this process on your own. However, avoiding personal bias is […]
I did a TGIF speech about investments – I met a person who told me that he clearly felt my blog was not addressing the new investor. Withing 5 minutes of him saying that one girl told me “i could not understand anything in your blog”. I hope this post removes that flaw in the […]