It is customary for industry bodies to time and again talk about “irresponsible” selling or mis-selling by “unethical” agents (by what ever name called). Let us look at what exactly constitutes mis-selling. Mis-selling as understood by the common man means “selling a product which is inappropriate for the client”. However let us look at the […]
There are some brilliant Investment Myths which go around and have been around for such a long time that people do not even know them as myths.. let us break some of them: Buy low and sell high: Such a simple statement to make, and impossible to do in real life. Buy cheap and sell […]
If you pay taxes honestly about 50% of what you earn goes off in various taxes – income, service, securities transaction, etc. Now take away another 28% in housing EMI, then another 7% in building maintenance etc. It means your government, and your house have taken away 85% of what you earn. So the 15% […]
How and why does a person buy an asset? Well he sees the cost of the funds being laid out for the investing, considers the risk, then considers the cash INFLOW that is likely to come from the asset. If the NPV > 0, or in other words IRR is attractive enough, he buys the […]
Recently are there too many articles about young couples and money? I am not sure, but there are many requests for such articles from parents and the kids themselves. Money as a topic of discussion seems to be more difficult to discuss than even sex. In a country where children are kept away from ‘adult […]
Life is not easy for a young married couple if they have no clue about each other’s financial personalities. Many of the girls have a reasonable inkling of the CTC of the guy – say Rs. 10L and then they look at their own ctc of Rs. 8L and feel – ha that is fine. […]
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 the […]