I see people who cannot count beyond 3 want to be a DIY. Literally these people should not be investing without help, but then it is their problem, not mine. I just have to see and comment. No, I am not in a position to help them, nor am I inclined to “help” people for […]
People think that looking at their portfolio everyday – or 5 times a day helps them be in control of their portfolio. Great show. Completely wrong. The current boom in the market is not so ‘professional’ driven. It is driven by people who think that they can read websites and be their own fund managers. […]
Dr Atul Gawande – the best book of his that I have read is Being Mortal. I have also read Checklist Manifesto. Hear him….EVERYBODY NEEDS A COACH. Even a financial coach.
When people talk to me about their finances they talk about ‘financial goals’. Sure, they are important but ‘earning more money’ cannot be a goal. ‘Being happy’ can be a goal. When I talk to people in the 55 to 72 years of age the most happiness that they have is when they travel with […]
Many reasonably rich people come and ask me one question: Should I buy an annuity? My counter question is : Do you have enough money to afford an annuity? The answer is Yes…but it means I will leave less money for my children..an annuity is such a poor yield..I can easily get 18% return on […]
well most people who talk about great Real Estate returns do not know how to calculate the returns. Seriously. Read on https://www.thestreet.com/story/14385039/1/home-sweet-home-reexamining-homeownership-s-wealth-creating-potential.html
Let me start by saying that our portfolio is a function of 2 things – a) what we do and b) what we do not do. Acts of commission and acts of omission. So I did not start my life by deciding what portfolio I should have in my life – how much work, how […]