I just saw a survey in an American poll that only 20% of the people surveyed think that they can ever retire! Is that not appalling? I mean imagine being told in your 30s or 40s that you will NEVER be able to retire because of your income and expense levels. Then I began wondering […]
I am amazed with these 2 questions – who should plan their retirement, and when should we start! Seriously, Retirement planning is for everybody – and everybody should have started yesterday! Everybody seems to have an excuse as to why they do not want to plan their retirement. Doctors: I will work till I drop […]
I have always held that to accumulate decent money, keeping away from danger is very, very important. Regularly we find investors losing money to some glib talker and they part with big amounts of money. Big has to be contextual of course – a maid servant losing Rs. 84,000 is as bad as a senior […]
A story that I picked off Facebook…keeping the name as Xyz. does not matter. See how getting support from the BANK IS ALMOST IMPOSSIBLE…if you are layman….read on… Here is a story that will surprise you or rather shock you. If you think you are safe from online fraud and Aadhar faking just because […]
There is nothing wrong in being a speculator. There is a lot MORE to gain being an Investor. However, you need to know whether you are a speculator or an investor. I have a friend who has 3 portfolio managers managing his portfolio. Each has to handle about Rs. 10 crores each and each of […]
Should you fund your children’s education or should they fund it themselves? Like a true economist / CA I have to start by saying “It depends”. If your child has always been a good student and a responsible kid, you should wonder whether to fund the kid. Well if the kid is not so great […]
If you look at the graph of any Index over a long period of time they have created wealth for their holders. Whether it is the S&P500 of the US or the Indian Sensex or Nifty, they all have an upper trajectory. They have created wealth. This indicates that over long periods of time, the […]