an old article being reposted. Look at both these stories from a personal finance point of view…I believe Naushad wanted his family to go through a lot of trouble, but not confirmed…read on…. There are two news items in today’s Times of India – both related to personal finance. One is about Naushad (who knew […]
Animal Planet may well be the best channel to watch for investments! Surprised? Well, considering that investor behaviour resembles that of herds, it does not sound all that unreasonable. After all, in 2001 we found it hard to convince them that it was worthwhile to invest in equities. And in 2008, it was hard to […]
First of all let me make a distinction between a saver and an investor. A saver puts his money in instruments which give fixed or very closed to fixed kind of returns. Examples of this are bank fixed deposits, PPF, National savings certificates, Endowment insurance policies, Retirement plans fully in debt instruments, etc. etc. These […]
So many people tell me, write to me…..saying ‘I agree we should do something about our retirement’ but rarely follow up on their words! So many people in their late 20s and early 30s KNOW that they have to save, invest, etc for their own lives and their children’s lives. They read up good websites, […]
I have done many posts on whether a parent should pay for the children’s higher education. Taking a stand against it causes people to ask me the following questions: 1. if i have money what am I going to do with that? 2. what is wrong in paying for a kid’s education? 3. will YOU […]
If you are a businessman and you get a big income tax refund, it is time you changed your CA. An advance tax is something that you pay based on an estimate. Thus if your CA (or you) over estimated your income and because of that you are getting a refund, well, improve your ability […]
Sometime in 1994 a friend wanted to keep some money in a fixed interest bearing instrument. The amount was about Rs. 15000. He kept it in one company – let us call it Company A. Sometime in 1999 I was surprised to see that he still had his money there. I told him and […]