As there are no ‘welfare’ or ‘good for the patient’ doctors, I guess their life is easier. People eat what they want, when they want, in whatever quantity, quality…..and come to the doctor. The doctor should say : “Hello joker if you abuse your body, eat shit, eat packaged junk, drink a 1000 calories a […]
Here is another list of True or False….answers you should find it yourself…my job is to confuse you..that I have done. I do not think Pattu has any calculator which will give you the answers…but cannot trust Pattu. He is capable of creating another 10 calculators to answer these T or F also!! 1. In […]
One of the draconian laws in this country (thank God for tardy implementation!!!) is the tax on your retirement products. Please read this carefully, it has huge implications for you. 1. When you take up a job you start saving a part of your income in a provident fund. This is mostly compulsory..but some companies […]
When you see a twenty something fiddle with his phone….do not assume he is on FB. He could be reviewing / modifying his/her portfolio. New technology has made it easy to check / review / fool around with your portfolio. The worry is the amount of nonsense on the net makes sure that they read […]
I keep telling people – the problem with borrowing is NOT the loan, it is the interest. And the inflation that we cause by borrowing, and repaying – we are creating money, are we not? Let us say you borrowed Rs. 20,000 to buy a house and it is a 30 year loan. Clearly you […]
In the 1990s when we were trying to make a career we had our constraints but I am wondering how some of the constraints were helping us perhaps? Let me argue for / against those constraints: – we had to read balance sheets: there were no data crunchers available. Then there were 3 data providers. […]
Whenever I do a lecture on personal finance, I do tell people that the MACROS do not matter, the MICRO matters. The inordinately long time that people spend on the macros, p/e ratio of the market, worrying about QE, Obama, Naendra Modi, Jaitely, etc. is stunning, and completely unnecessary. YOU NEED TO CONCENTRATE ON THINGS […]