You take your portfolio, create an income and relax for the rest of your life, right? No. Wrong. Completely wrong. You need to create buckets from which to: spend for regular expenses spend for emergencies spend for known major expenses – festivals, travel, buying white goods bucket to grow money for 4+ years bucket to […]
Arun Jaitely normally I do not like to tell people how to do their jobs. However what you do impacts a lot of people. I deal with a lot of senior citizens and I have the following requests to make to you: We are a country that has no Social Security, so please do not […]
Did you have the current financial adviser in 2007? and you stuck with him for the past 8 years? It means he has done a good job. Sadly people think the job of a financial adviser is to be an encyclopedia of all the funds in the market and that he /she should be able […]
At the age of 24 a son/ daughter gets advice saying “do not just waste your money ..buy property”. The property is expected to give you about 23% p.a. for the next 200 years of your life. So people buy RE to flip it and double their money. Soon. Now there is a big, big […]
When equity markets are volatile the LIC policy sellers – who sell products with 40% commissions are on the prowl. They offer ENDOWMENT PLANS and PENSION PLANS with ASSURED returns. In fact they are more active when the markets are in a downswing…it is easy to do scare mongering to sell. I hate scaring people […]
Assume you have had some problems..you are 5′ 9″ tall ..and your weight is 114kg. Suddenly you fall in love with yourself and want to come to a weight of about 80kg. How will you go about doing it? Go to a surgeon and remove the extra fat with surgery. Then do a stomach stapling […]
So how is your portfolio doing? Simple question, but very rarely does it get the real, correct, accurate answer. So the conversation for a reasonably diligent client could be ..I invested about Rs. 10,00,000 2 years ago. The first year was bad and the market was down about 30% but last year was up by […]