Most of the charity work that I like to support are aimed at kids. Simply because I think that they are the most vulnerable and are there for, literally no fault, of theirs. If a person is poor at the end of his/ her life it could be bad circumstances, bad habits, poor choices, etc. […]
Here are links to a few articles for the younger readers… http://www.subramoney.com/2013/03/signs-you-are-living-beyond-your-means/ http://www.subramoney.com/2013/08/the-awfully-awful-things-that-i-have-said-to-the-kids-around-me/ http://www.subramoney.com/2014/01/simplify-your-financial-life/ http://www.subramoney.com/2014/01/to-be-young-and-rich/ http://www.subramoney.com/2014/02/graduating-in-2014-this-is-a-must-read/ http://www.subramoney.com/2014/02/mistakes-young-investors-make/
There are just 3 important steps to wealth: 1. Earn Well: To earn well, generally you need to get decent academics. Remember the average CA earns much better than the average cricketer or the average movie star! We compare to the top star and say ‘why do CA, let us play cricket’. Poor understanding of […]
While on equity research and equity valuation, there are certain things to remember. First, you will hear a lot, a lot, a lot of contradictions. Like here are two: Public sector companies (obviously including banks) are poorly managed. There is a huge amount of governmental interference, corruption and this hurts the organisations. Now before you […]
One very important thing in equity research is ‘knowledge gathering’. Being an auditor (doing articles + a couple of years could be useful enough) is a very good place to start. The basic audit experience teaches you a lot of ‘hiding’ techniques, and the bank audits teach you ‘appraisal’ skills. One important trait that FIIs […]
What is online trading in securities? Online trading in securities refers to the facility of investor being able to place his own orders using the internet trading platform offered by the trading member viz., the broker. The orders so placed by the investor using internet would be routed through the trading member. How to […]
Just like the complaint against Icici bank for losing/ misplacing documents…here is one against Lic Housing finance… from another reader… My wife and I had a similar experience with LICHFL in May-2011. We had jointly taken a housing loan against LIC policies kept as collateral with them. They had given us an appointment 3 months […]