Let us see what happens when an Indian boy wants to do business! Many 30 to 40 year old boys / men come to me with a question: “I want to do business how should I go about it?”. So typically my ‘candidate’ is well qualified and an employee of some big or some bad […]
Amazingly stupid thing to ask. Seriously amazingly stupid. Of course lumpsum IF YOU HAVE THE UNDERSTANDING AND STOMACH to take volatility. If I had Rs. 1.5 crores to invest today, I would take a bet on 3 shares, period. Rs. 5 million in each share and go to sleep. However if a school teacher with […]
I have been asked this question a zillion times and I have answered it a zillion times….so there is a sense of exhaustion. So here is a Buddha Story…… One day an atheist comes to meet Buddha – and he comes early morning so that nobody can see him coming…and meets Buddha. As soon as […]
These are some of the queries that I receive – most of them asking me ‘Should I invest in equities’ or EVEN ‘Why do YOU say I should invest in equities’. Let me first list the questions that I am asked: 1. Will the next 20 years be the same as the 20 years that […]
Ok, I know I am going to get the brickbats, but in the best run economies of the world, RE prices go up at a rate much LESS THAN inflation. In fact in Germany the prices of houses have fallen in REAL TERMS over a 30 year period. Why is it so? It is because […]
There is almost NOTHING in the BFSI space meant to help you the COMMON MAN. All the tools and so called ‘useful’ things may have been created for you, but later on it became a big money making or harassing tool. Term Life Insurance – an excellent product when it was devised, but no longer. […]
The mutual fund industry (and the life insurance industry too) sell its products through banks and Independent financial agents. Sadly no mf or insurance company takes enough trouble to understand this animal called the IFA. So they are categorized on just one basis – the amount of assets that they gather. This is wrong and […]