I have had the luck of dealing with many kids doing their investing. So I see a huge variety of kids. Let me describe some of them.. One girl from a very low income background kept saying ‘Mutual Fund Investing is subject to Market risk’ she never understood the risk of NOT investing. All her […]
It is fairly obvious that marriage is a big, huge commitment. However, it is at least reversible. You can get out of a marriage. Having a kid is a completely IRREVERSIBLE decision. So do think hard, real hard before you have a baby. Both you, your husband, and the people’s support you ABSOLUTELY need have […]
When people buy expensive things (by their own standards) they justify to the world (more importantly themselves) saying ‘It is an investment’. Please do not say that. That Rs. 5400/- shirt, the Rs. 7999/- leather shoe, the golf membership, Golf kit – maybe they are useful and you need it, but stop calling them investments. […]
Sir I have read your blog…I like it. Me: Thank you He: Sir name some more personal finance blogs in India. Me: There are none. I mean I really do not know blogs who do not sell something or the other. I peddle influence. He: Sir, are you a Chartered Accountant? Me: Yes sir.. He: […]
When we used tho run a brokerage outfit (a decade and a half ago) we had to do a credit appraisal of all clients – and do it regularly. Our Chairman had a simple yard stick – a guy who came in an Alto would get whatever credit he asked for. However a guy who […]
This is surely an attractive title…but Suzie Orman says she has a Money book for the Young, Fabulous and Broke! So this cannot be a title for my book… Now what is young? Young is what young does! So young is somebody who is 10 years younger to me and old is somebody who is […]
When you have lived long enough on the planet, you have one great thing – the ability to look back. Obviously I can look back on investing and can look back about 37 years – when I started. It is also the same age as the relationship with my friend / philosopher / guide / […]