There are 2 stories…both true. One tragic and one foolishness The foolish story first. Story of an 83 year old man living with his 78 year old wife in Mumbai. They stay in an old building, have a house on the 2nd floor in a building which does not have a lift. Son lives in […]

I am not sure whether many people over the age of 70 read my blog but here is an article dedicated to them. What are the 2 risks in a Retiree portfolio? – running out of money during your last few years – or living too frugally and leaving back just too much for your […]

this is a never ending question and does not actually have a ‘correct’ answer. Let us say you are 34 years of age, have a CTC of Rs. 30L, have a home loan of Rs. 80L, and your wife earns about Rs. 20L and now you have a Rs. 4L surplus. Oh, you have a […]

I recently met a life insurance agent who has been selling financial products for the past 2 decades years. His life has not been too bad. The agency commissions from life insurance, mutual funds, company fixed deposits, and certain other products has been his main source of income. His wife is not earning. Well, technically […]

this is how some of the conversations go… “Hello Subra…I think you should buy….X….a good Nbfc” Me: Sure, kuch kahani bol na Broker: kuch khaas nahi….balance sheet dekh na… Me: (after 2 hours) boss, dekha, does not look good. Fund costs kuch jyada nahi hai? Broker: Subra you should not have left Mumbai to settle […]

This is a good time to practice asset allocation says Naren, India’s contrarian guru, and he is right. Now look at 3 practical situations and suggest a portfolio revision: A person with about Rs. 2 crores in Real Estate, with a Rs. 1.2 crore loan (the balance is partly contribution and partly appreciation) – this […]

This book was written long ago…and in all its versions – hard copy, soft copy, Hindi edition, Kindle version, corporate sales, retail sales…..it has sold more than 150,000 copies. I mean it could be about 160,000… That’s a brilliantly nice number. Even if I am saying it. Just blowing my own trumpet. But this post […]