You are a young 35 year old couple and are saving for multiple goals – being debt free, buying a bigger house, children’s education, being a reserve in case either parents run out of money, …etc. You sit down as a couple and are reviewing your portfolio, what do you exactly do? Lemme guess you […]
This is a very simple post. It just lists the risks that exist during retirement! I went to the American college which had designed Risk list for the Retirement Income Certified Professional. It is a very long list -AND THE LIST IS NOT complete. Scary is it not? Well with longevity to worry about, as […]
Many parents who have one house go and buy another house late in life – so that both their children will have a ‘parental’ house. They are willing to do many things FINANCIALLY for their children. Why do they do this? I do not know, but I guess it is some kind of a show […]
There are many times when people get an urge to retire. Actually what they want is just a 2 week holiday, not early retirement! So assuming you are a man who is around 50 years of age and is toying with the idea of retirement answer these questions HONESTLY: Is your wife on the same […]
Not sure whether I should have called it an Idfc Movie or an Amol Gupte movie. Who Amol? Yes the same guy who made Taare zameen par and the Idfc movie ‘One Idiot’. Sequels have a tough time living up to the expectations. I had no expectation when I watched One Idiot (see here.http://www.subramoney.com/2013/01/one-idiot-a-nice-movie/). Let […]
Say you are an employee earning Rs. 1 crore and Rs. 2L is going to your EPF account, now you have a choice of putting more in EPF or starting an NPS account which one should you choose? Well, it depends! Let us assume you have a Rs. 5 crore equity portfolio and a Rs. […]
A few reader queries and their answers: 1) Do you think pension policies from insurance companies make up for a good investment for availing pension? Why or why not? Answer: No. They do not. First of all thanks to some Quixotic regulations no life insurance company is selling a pension plan, so this question […]