book review: You can be rich too: with Goal Based Investing..
here is a book review…. Book Review – You Can Be Rich Too : With Goal Based Investing – P V Subramanyam & M Pattabiraman
Doctor’s Money Mistakes….I
Having spoken to about 4000 doctors I have a view (not fair, just views which could be wrong) about the kind of mistakes doctors make. Here I am listing a few: 1. Listening to the Relationship Manager’s words like a Gospel: Most doctors have a lot of respect for the banker who comes to them […]
Lessons from some IFAs
My training takes me across the country and meet many IFAs. Of course I meet employees in banks, mutual fund, IFA, …and thus an amazing range of people. Here is a brief summary of some amazing learning… Obviously all of them started as Life Insurance agents – well most of them anyway They took to […]
Retirement and Unemployment
You are 55 and earning Rs. 1.4 crores CTC. All this has gone to your lifestyle. Nice big house, 2 cars, expensive servants, foreign trips for the family. In short, Majja ni life. You meet a financial planner who is stunned to see that you have a net worth not very far from your CTC. […]
Retirement costs that people ignore/ underestimate
Most people – including 34 year old bloggers underestimate the amount of money needed for retirement. This is also because they may not have seen anybody struggling with their finances in their 80s or even 70s. Lets look at some of them: Housing: In case you are living in a cold climate like Delhi, you […]
Investing more helps in 2 ways
You have heard many stories about why you should start saving early. Stories like Ram started saving at age 25 and Shyam started saving at age 35…etc. Here is another twist to the same story. When you start saving early – what is really benefiting for you is the power of ‘saving’ rather than the […]