I was surprised at the number of doctors who had lent money to their friends and relatives and lost both the loan and that friend! At least in the Indian context it is common to find friends and relatives wanting to borrow money from you. How can you – whether you are a doctor or […]

When you are part of a Conference call with other ANALysts it is easy to see the ‘favorite’ analysts being praised by the management, and the reverse too. Some companies (mostly Mumbai based and privileged) can make it so obvious that it is easy to  predict how many times the words ‘great’, ‘very good Quarter’ […]

I have been a big proponent of investing in mutual funds – and I do believe that asset allocation is the MOST important thing. So if a person is wanting to put say Rs. 5000 per month in non debt funds (read balanced and equity) out of Rs. 80,000 investible funds, he should not spend […]

sadly BFSI finds no money to do research on Indians financial behavior. Our regulators are busy building their fiefdoms and cash kitty. So we have to see what the Americans do…and hope that Indians do the same thing See if you can pass this test… http://www.marketwatch.com/story/most-americans-failed-this-eight-question-retirement-quiz-2017-03-23

I was wondering whether I should single out lawyers or doctors for a post like this. Then I realized that all of us – MOST IMPORTANTLY CHARTERED ACCOUNTANTS TOO – need to know some financial does and do nots…so here it is… As soon as you start your practice (even if you get a job) […]

Remember the Hans Christian fable of the Red shoes? Do not scoff at the girl and her foolishness. As we get older in life and start ‘owning’ things, we all behave like that poor girl in red shoes. We buy ‘things’ and soon those things start owning and controlling us. This si an amazing story […]