No, this article is not aimed at the upper class kid whose parent opens a PPF account when he is 3 years old, and an ELSS when he is 5 years old. This article is for a kid who is not so privileged. Let us say this kid can spare Rs. 500 a month from […]

When I do posts on old age expenses people cannot believe the numbers. So if you have not paid for or seen the expenses of a person needing full time care, go and find out. Learn or shut up and read this. If you have a person who is confined to his bed and needs […]

Millennials are now old! Those born between 1981 are about to hit 40 years in a couple of years and that is the age when they thought they will retire! Of course except those in the movies, or sports none of them can be serious about retirement. Well not in a while – unless of […]

One editor told me “I thought financial journalists did not know journalism..but once I employed them I realized that they knew neither finance nor journalism”. Well I will not be that uncharitable. I do think that the Financial Journalist surely does not know finance – he is BA (Eng Literature), and has some experience in […]

The right question to ask an equity investor is “did you make money or not”. If an investor has made money in the long run, and met his goals, he is a successful investor. Let me explain. The equity market is never about right or wrong. For example Franklin Templeton has a research team which […]

Subra the market is crashing what to do? The market is not ‘crashing’. The market had hit a peak of 40,000. At least till it reaches 32000 it will be called a correction. Far more importantly ‘crashing’ is a wrong word. You can say it fell till yesterday. Today what will happen none of us […]

What a myth that interest rates in India are set by RBI. Bull. Int rates are set by supply and demand of money. So a Tata Power will be able to borrow at a much finer rate than say an Adani power – assuming that both are rated AA+. This is true all over the […]