Not very long ago a bunch of employees had left Jet to join Kingfisher. When KF closed down, they had nowhere to go. Luckily for some of them Indigo and SpiceJet were recruiting and could find jobs there. Some of the non flying staff – like ground staff, baggage handling staff, etc. found jobs in […]

the week beginning 22nd April is pretty busy for me… on 24th I am at the Voyage on 27th is a book reading session followed by a session for doctors. Normally I do sessions for doctors which are paid for by some pharma company. This time it is a mutual fund that I am doing […]

Your IFA – Independent Financial Adviser – has to be really INDEPENDENT – check out if it is so. If you are say 55 years of age and a successful doctor (or lawyer, or CA or….) and go to a 28 year old IFA, is he really able to stand up to you? I know […]

The toughest thing to manage in a portfolio is the EGO of the investor. Every investor feels “he has managed the portfolio”. Even I used to think so till I read that “to be a good investor you need a full time job that keeps you busy”. It is true. If I had nothing else […]

One good thing happening over the last few years is that a lot of personal financial writing is happening…and many of them are known to each other! Yours financially is a book which was lying in my shelf for a real long time…and I was supposed to read it long ago – 2017 to be […]

Let me ask a basic question. Can a mutual fund invest in a bank fixed deposit? What about a fixed deposit in say Tata Steel? No. Basics of mutual fund investing is that  a mutual fund should invest only in “marketable securities”. Marketable securities means something which can be sold in the market without recourse […]

Most people who are looking for advice on the internet have no clue about the adviser. That is a disaster. The advise that I can give you if I know you is far, far superior to what I can tell you if I knew you. Recently one person chased me for advice and reached my […]