Fund Managers/ Fund gatherers aka Asset management companies and their agents need stories to sell the fund to the investor. Will they ever, ever say sell equity funds and wait in liquid funds? No. Will they sell equities and wait in cash on your behalf. NO. They cannot and should not. This is exactly where […]
‘Subra all that you say is right…but finding a planner, or doing it yourself is so damn boring…what to do’ Asked a 31 year old girl who was having lunch with me. I really think personal finance is boring. There is nothing to talk about my 17 year SIP in Franklin India Bluechip and Prima […]
In my meeting with people and talking about money I get to hear the following nonsense about their attitude to money. I see some of these actions – and amazing rationalisations to justify their actions. Stunning. I gave up my medical insurance which we have been paying for 14 years: And this person does not have […]
When a friend posted a photo of his top end car…another friend asked him (yes openly, on FB)..’How did Subra..allow this to happen’. Thankfully, I did not have to reply. The guy who had the car clarified how a 60% jump in his esop valuation HAD forced him to sell off some of his holding […]
My work is very interesting. It involves a lot of reading, travelling, listening, and talking. I see a lot of millennials. Wait a minute. I see a lot of young people from their 20s and right up to their 50s and I see financial ‘peer pressure’ . I am sure you too keep seeing, but […]
This goes against the post of the morning. Why am I contradicting myself? Why did I say…do not buy a house in the earlier post..and why am I saying ‘you MUST buy a house’? Well, the assumptions when you rent are: you are earning well, can afford to buy a house, but you are not […]
If you are a young kid who is renting an apartment, somebody would have told you one or all of the following things: A home is a good investment Inflation makes the EMI very cheap RE prices NEVER go down – it always keeps going up You can always sell it or rent it […]