Recently a friend lost his father. The father did not live a luxurious life, but we all knew he had money. Maybe he wanted to leave it for his children. He did exactly that – Rs. 9 crores. This is not the first story that I have heard, nor is it the last. He has […]

We in the BFSI space have made it look good to call yourself an Investor and crass and crude if you claim to be a trader. So even people who trade about 40% of their portfolio regularly will not admit to being a trader. They are more likely to tell you that “I am an […]

Misconceptions of Early retirement https://edelweissfintalk.podbean.com/e/edelweiss-fintalk-episode-22-roadmap-for-millennial-to-retire-early/

Many people ask a simple question : “I am a retired person, I want returns of about 10% on my corpus, but I do not want to take ANY risk whatsoever”. In a country where the most successful banks pay about 8% p.a. to a senior citizen, why do you think you DESERVE to get […]

Dear Smart People, I know you read my tag saying ‘We make Smart People Richer’. Sure I do. A person who has read all my 5983 posts, understood them, and implemented them surely has saved/ earned more to justify all the effort. So here is the disclaimer. Every finance professional (oops, ok, any professional) whom […]

When people learn about diversification, mostly they do not understand that there is a difference between asset diversification, and fund diversification. Frankly in my head even asset allocation is not necessary for a young investor in the accumulation phase. If you believe that Equity will give the best returns over say a 50 year period, […]

You keep hearing that the SIP investments have gone nowhere in the last 5 years. Our lovely press also scares you into saying “the sip of the last 5 years has yielded less than PPF”. True. This, however, is the best news for people who are accumulating investments on a SIP  basis. For longer periods […]