If the financial services industry a.k.a banking industry is convinced that people will come back in hordes, they are mistaken. There is too much theory (SIP works, averaging has always worked, asset allocation, …), too much data (meaningless illustrations), too much hype (did you know that 89% of Indians do not even know what is […]

Having met many serious investors and having been in this field for far too long, I have noticed many mistakes…let me list a few here: 1. Holding on to losers: Do you realise that compounding is a friend of +ve returns and a very very big enemy of -ve returns? So if you bought Crest […]

Well we all the things that you have done in your life have made your life better, right? Or wait a minute has it, or has it not? Have we complicated our lives too much? Do you spend long hours wondering what you are doing, how you are doing, whether you are being good to […]

The question of what is success has been a very important question for which I have sought answers from many people. I have met real rich people, bureaucrats, politicians, businessmen, corrupt people,…………….50 years on the planet allows all this..and the best definition of success was given by a very learned, but uneducated man. He has […]

A few days ago I did a blog saying ‘how to buy a financial product’ – now I am telling you why you bought it…well see if you can see the symptoms. When I say he, it includes she – so in this story when I say ‘he the client’ and ‘she the beautiful sales […]

Will the US default? Sounds odd does it not? Well, if the Congress does not make changes soon….there could be a crisis. Will the debt ceiling be raised? surely? Or are you saying ‘I do not know?’ do u even understand what an US default means….? read on… Deepa Gopalan Venkat has written an article […]

Amazing response to Joint Family expenses which I wrote a few days back made me write another one…. The worst thing about Joint Family expenses is the perception of who is doing well and who is not. So if one son is doing his own business, one son is working with an Investment banking outfit, […]