How many of us put our portfolio in an excel sheet and calculate the year on year returns on the portfolio? My mother’s portfolio was the easiest to calculate over a long period of time – and the returns came to a nice 19% p.a. return from 1985. The calculation was simplified because there was […]

Once a bureaucrat, always a baboo(n). That does not change. Recently our MF regulator made a statement ‘the needs of the consumer are more important than that of the persons who are doing this as a business’. I wholly agree. “We should worry more about the investors than about those doing business of mutual fund […]

here is a brilliant take – a 1954 song by Kishore Kumar…. only for people who can understand Hindi…even a simple Hindi is enough…. lovely song…about income and husband and wife… https://www.youtube.com/watch?v=vEqvdVVOoo0

I am not sure if we all expect our children to ‘take care’ if we continue to live till we are past 100. Seriously I do not I am expecting my daughter to look after me / my spouse. It makes sense to move to an old age home at say age 72 and stay […]

For most IFAs the life insurance is not a problem – they have one agency and that is the product that they sell. However, in case of mutual funds they have a choice of 43 fund houses and 10 more are in the pipeline wanting to start operations. So each fund house falls over itself […]

Did Modi do well over the past 2 years? I am sure that the jury is still out on that and people are evaluating..and that will continue.. I was not happy at the pace at which Na Mo was moving, but having spoken to many bankers, I was convinced that he is a man in […]

Here are my observations as to why people do not get rich. Almost all of them will justify their being not well off – I had to pay for my parents expenses, my children’s schooling is expensive, my own medicines,…..blah blah. I find these as rationalisation and the deeper answer lies in the following…. Procrastination […]