You may have heard of Hedge funds, and their very rich fund managers. How do they make money? Simple. They charge a 2% fee and take 20% of the profits. So if you put Rs. 1 crore in a Hedge fund (In India they are not called Hedge funds, but variants of PMS). They charge […]

After leaving school did you think you will use this word postulates again? well when I say postulates you cannot accuse me of being original. Nor can you find out from where I have copied this. Almost all writers on personal finance (constantly looking for new stories) have written this in some  form or the […]

Sebi has dropped TER. Obviously now the guys getting Rs. 25L a month and working as RM can no longer afford to sell mutual funds. So you will be told the following… Ulip is tax free. (permanently for the next 100 years I hope) Moving from equity to debt or vice-versa is tax free and […]

Well the last 3 words can be safely dropped from the title. How to keep improving is common to all fields… You must want to improve in any field: clearly I don’t want to improve as a photographer, cyclist or even as a runner. It is my hobby, I will take some photos do some […]

I should have called this “whom to trust with your money” or “whom to trust for financial advice” but I just chose ‘whom to trust’ So whom should one trust while investing? Should you trust bloggers? Very difficult to say. Lets take my blog. I have lived a very unconventional life after passing a few […]

this is NOT A PAID POST. People keep asking me which is a good international degree to get in accounting. I don’t have any knowledge of this subject, but I do know that CPA is a good degree (aka membership) to get. I had somebody working in one of the agencies which help you in […]

Yes you read it right…YOU MUST buy a house. Why am I saying this? Normally I am a person who says ‘renting is better than buying’ – then why am I saying this? Well this is not a generic statement. This is true for a few people….who are those people? Those who cannot create wealth: […]