Raghuram Rajan’s speech…
read the whole speech and see if he has said anything bad or damaging to the government… http://www.dnaindia.com/money/report-full-text-raghuram-rajan-s-speech-at-nibm-convocation-pune-2204297
Why this couple will never be rich!!
When a young couple came to me for a portfolio review…they asked me ‘when will I get rich’. It was the woman who was doing the talking and these are my views, as I told them…. “But..there are no guarantees of ‘richness’ the way you are seeing in the movies. If you are creating wealth […]
Conflict of interest
The shareholders of a fund house, the managers of a fund house, the fund manager, the distributor and the end customer have the common interest of getting a good return for the unit holder, right? NO. Wrong. Completely wrong. The shareholders of a fund house have invested Rs. 10 crores and they want to exit […]
what if you lived longer?
the question that I ask everybody…and almost nobody has an answer… ‘what if you lived longer…longer than 65 or 70 or 88 or 92? well Vipin Khandelwal has also asked this question and his answer is here. Yes it is a little different from what I would have said…but it is in line with the […]
Interest rates are falling..now what?
Every news paper and other media houses HAVE to do a story on ‘falling’ interest rates. Amusing. None of them will talk about ‘rising or constant’ REAL INTEREST rates! (1) The interest rates have seen a fall in recent times. Where do you see interest rates heading over the next one to two years? The […]
Financial challenges for defense personnel
I have not had much interaction (ok, not enough) with people in the armed forces, but here is a list of problems that many of them have spoken about..let me list them: Forces people are not money concerned: It is one thing being money minded and a completely different thing to mind your own money. […]