The year was 2004. You had just finished your education and had taken up a nice job. You met somebody who made you start a SIP. You were not too happy about it, but somehow you just started. This was in 2005. You filled up a form for Rs. 1500 per month, and sadly […]
Mr. Arun Jaitely made a statement about why interest rates should be brought down. I find the whole argument humorous. With tremendous stupid laws RBI makes it necessary for us to go to banks for borrowing. Let me give you an example. A friend runs a Geriatric Care center. Obviously most of the people who […]
In each of those financial planning classes somebody asked me this question. It is quite an easy question to answer, but a difficult answer to understand. For different people it means different things. If you wish to own a Mercedes having a spare Rs. 80 lakhs to buy and Rs. 50,000 per month to spend […]
I have been saying this for a very long time (over 20 years now) and now somebody else in the MSM is also saying this. Let us accept it. Unless the salaries: house price ratio moves in favor of the salaries, one should not buy a house. This year the salary hikes in the mutual […]
‘Subra I really feel I should have met you 30 years ago and my life would have been different’….. ‘Subra I wish you REALLY my father….my REAL father does not allow me to invest even my OWN MONEY. ‘So lucky Subra I met you when I was 22, my SIP is now 5 years old! […]
I wrote a piece on ‘Make your own financial plan’ – this appeared on yahoo finance and some of you may have read it. What is amazing is the response that I have got for the same. Largely saying the following: – future is uncertain, SO DO NOT PLAN. – equity markets are too risky, […]
A rare conversation between Ramkrishna Paramahansa & Swami Vivekanand Swami Vivekanand:- I can’t find free time. Life has become hectic. Ramkrishna Paramahansa:- Activity gets you busy. But productivity gets you free. Swami Vivekanand:- Why has life become complicated now? Ramkrishna Paramahansa:- Stop analyzing life.. It makes it complicated. Just live it. Swami Vivekanand:- Why are […]