Just because something is in our culture or tradition it does not mean it is moral. Well, in the current context it may not be moral or relevant. So when a girl did not get educated, maybe she was given some dowry, and even an annuity. The annuity was in terms of ‘raksha bandhan’ gifts, […]

If you lost money in PMC bank, I have no sympathy for you. I am very aggressive in my views – people who don’t seek advice, deserve to lose money. However, when the OFFICERS of RBI put 25% of their money in PMC, and PMC puts 25% of its money in Housing …2500 crores..is lost…so […]

I mean it. Seriously. Especially if you are young. Say about 23 years of age. What is the secret to getting rich? Get the following first – 1 or 2 bank accounts, one credit card, term insurance, …and ONE INDEX FUND. OK make it 2 index funds – Sensex plan, and a Nifty Next plan. […]

Rahul Bhatia – I am sure you know who is this famous man. He came visiting. He had heard about me being an Investment Consultant. RB: Hi Subramoney…I was asked to meet you.. Me: Welcome sir. One small change, I will guide you, but you will have to get a Registered Investment Adviser to guide […]

Let us say you have a net worth of Rs. 20 crores, and of this you have Rs. 17 crores which was your ESOP. This is from a friends portfolio …so I can’t name the company. Let it be Google, Facebook, Hdfc Bank, ….does not matter. So this means this guy (or gal) has made […]

The amusing thing about risk is that none of us understand it. A Few people like Taleb understand that they do not understand it. That is what makes him or a Peter Bernstein an expert, and all of us novices. Let me narrate a few REAL LIFE INSTANCES and you can decide whether it can […]

Let us have some gratitude towards many people who have made investing easy and inexpensive. Invariably the first person you should be thanking is Vanguard – John Bogle, the founder. He is the person who dramatically reduced the cost of investing. Remember even in the early ’90s in the USA sales load was 8% upfront […]