When you think of accumulating a large amount of money we trouble ourselves into believing that it takes a lot of money to create money. Well it is not so. It is simpler. In fact much simpler than that. But those are the exact three words that can help you retire with Rs 40 a [...]
May 13th, 2013 | Posted in Investing, Retirement | 7 Comments
This is perhaps one of the biggest lies that is told to children when they are in school and college. Then you have people like Warren Buffett who say “It takes a life time to build reputation and a very short time to lose it”. So you tend to believe that reputation is very important, [...]
May 13th, 2013 | Posted in Ethics, Politics | 2 Comments
Ps: this article is about 5 years old, and they still are floundering. The names have of course been changed, and the airline hidden, but you can guess. Imagine a couple working in Kingfisher! No clue who is paying their EMIs!! now read on… I was aghast when Capt. Ajoy Athalye walked into [...]
May 12th, 2013 | Posted in Retirement | 11 Comments
Recently we heard of Suchitra Krishnamurthy taking her advisor Hsbc to court over her funds being poorly managed. She may or may not win the case, but what is the learning for celebrities (and us too!!) from SK’s case? What could she have done differently if there was a second time around? Well here are [...]
May 12th, 2013 | Posted in Attitude towards Money, Personal Finance | 4 Comments
Last week there was a form to be filled..and I was asked to think of two names for each of these qualities. When it came to honesty there was a catch – it had to be a person below the age of 50. I just could not go beyond ONE. It had to be a [...]
May 11th, 2013 | Posted in Attitude, Philosophy, Life and God | 6 Comments
I am an anarchist and do not believe that Rules and Regulations are very important. In fact I do think that lawyers, accountants and even doctors exaggerate their educational processes. Having said that when I meet financial planners who do not understand: Indian Income tax – especially clubbing, scope of what is Income, the difference [...]
May 11th, 2013 | Posted in Financial Advisor, Financial education, Financial Frauds, Financial planner, Personal Finance | 1 Comment