Not very long ago good quality advice was available only to millionaires and mostly men over 50 years of age! Now it is available to all of us. It required a team to understand what advisors said and you had to interpret it yourself. No. It was not easy even for the millionaires. Now advice […]
DHFL Pramerica Mutual Fund will be called PGIM India Mutual Fund subject to regulatory approval. PGIM: Prudential PGIM is the global investment management business of US-based Prudential Financial that manages USD 1.2 trillion or Rs.84 lakh crore. In a press release issued today, PGIM said that it has bought the remaining 50% stake of DHFL […]
Read part 1 first : that is the background http://www.subramoney.com/2019/07/i-got-rs-10-crores-what-should-i-do/ The amount of money that you have is so big that it is impossible for most 32 year old. It is important that you do not get into bad habits – remember it is easy to slip into them. I was happy (surprised too?) that […]
The future of any business is more clearly visible to the people who are not in it already. When I meet people who are in the advisory practice – fee only or even the distribution model, all I hear is angst. However, when I meet doctors (fee only, always) and talk to them you realize […]
https://www.youtube.com/watch?v=S09SmNqrw-I Well some people are lucky right? Well this is a question which a 33 year old asked me: ” I was the employee no. 2 in a start up and when the owner sold out last month, he gave me Rs. 10 crores – as a fair valuation of my shares. I am […]
Can you get really rich and live an amazing life by being an Honest entrepreneur? Well some amazingly talented athletes (SRT, Virat Kohli) and actors (Amitabh, Deepika) get real rich with just their earnings. Some talented people also become good businessmen – like Shah Rukh Khan. However it is a rare first generation businessman who […]
I wrote about how a serious adviser – whether he is a medical doctor or a financial consultant – needs empathy while talking to the patient/ client. I am going to say client going forward. Doctors should read it as “patient”. When you give advice or Counselling you need to understand the person whom you […]