You are about to start a big business. Big in the sense that nobody in your family ever did any business, and you are stepping out on your own for the first time. Obviously on the first day of your business you are Chairman as well as Chaprasee of your company, and it may remain […]
I recently did a stand up comedy in an IFA meet attended by 700 odd people. While preparing for this I saw a stand up comedy and that person spoke about “the Lion Whisperer” Kevin Richardson. Kevin you know (or just Googled) is a man who lives with the lions. He can put his hand […]
A retired army officer’s letter to me. No change / edit from me. Generally Army officers have very poor understanding of financial management and investment opportunities. Having a secure and sheltered career and most of the time busy with their work, most of them think of investment and management of finances only just prior to […]
When you are starting a new enterprise you often wonder – should I start as a sole proprietor, or as a partnership, or a private limited company…You are dazzled at the array are you not? And what does that do to your personal finance? A lot. If you are starting a big manufacturing company, you […]
I have been creating a movement asking IFA in every city to go and create a will for themselves (to start with) and all their clients. This is surely a revenue generating activity for them – and they will need a lawyer to do it. It is not to say that the IFA does not […]
One thing that technology has done is it has made it easy to transact online. So it can be done in a jiffy and without much help of an adviser. Great. However, most smart investors will realize that transacting is a very small part of an INVESTORS activity. In my investing portfolio, the action of […]
When you are in a group of “investors” one guy says “I have this investment”. There would be 5 people pouncing on him and telling him that – it is too expensive your banker has palmed it off to you for meeting his targets your IFA is bothered only about his profits, not yours there […]