sportsmen do earn a lot of money, but have very poor money management skills…we all saw Vinod Kambli being unable to repay a Rs. 50L loan that he had taken from a bank similarly there are many sports people in the US of A who have a problem in creating a portfolio which feeds them […]

  Investors (let me not confuse you with savers, here, I am not making a distinction) – come in many forms. Those who have no appetite for variability (wrongly termed as risk) think cash is the safest form of investing. Is it? well there are 3 things which destroy it: Inflation taxation and time. Over […]

What makes a successful investor? Ability to crunch numbers? a computer can do that. Ability to predict how the market will behave? only a trader needs to worry about that. What about ability to look at balance sheets, ability to crunch numbers, talk to management sensibly – all put together? Hmmm Let us face it, […]

Does every solution create a problem? Yes you read it RIGHT. The question asks  – Does every solution create a problem. Let us go back to the 1970s and 1980s when our gen was in college. We were told “if you were in the USA the day you graduate 4 banks will be chasing you […]

When somebody asks you a question like this, what can you really say? I have seen Suzie Orman say “you have $ 59,000 in a Roth IRA, you have………blah blah….” so go ahead and you will be able to afford it! In Indian conditions it is far more difficult to say this. Remember we have […]

Financial planning, selling mutual funds, life insurance, other financial products…all these are functions that an INDEPENDENT FINANCIAL AGENT does. I have met many IFAs – and most of them are one man shows. Some of them of course are bigger and have between 2-10 employees. When you have a few employees, HR comes into play. […]

A lot of big investors are humble. Do you know why this happens? Simply because they keep an investment diary. It is your investment diary and your real life kids who keep your ego in check. If I go back and recollect why I bought certain shares, I feel it very funny. I am an […]